HomeMy WebLinkAbout5. PRELIMINARY APPRAISED VALUESFINANCE DEPARTMENT
TO:
FROM:
SUBJECT:
DATE:
STEVE FITZGII3BONS, CITY~ ~G~
5/16/02
We have received the preliminary appraised values for the 2002 tax year from the Jefferson
County and Orange County Appraisal Districts. A recap and comparison of values is as follows:
2001 Certified 2002 Prelimina{y Increase from
Values Values 200 !
Gross Value $ 1,568,442,790 $1,635,561,300 $ 67,118,510
Agriculture and exempt property 209,382,336 221,580,511 12,198,175
Pollution control 0 2,331,280 2,331,280
Loss due to limit 3,546,460 2,715,660 (830,800)
Over 65 95,665,730 93,097,040 (2,568,690)
Disabled 15,241,700 15,347,580 105,880
Homestead 82,784,116 84,172,532 1,388,416
Veterans 1.437.618 1.424.955 (12.660)
Net Taxable Value
992 982 ~ ~
Tax leW
4.28%
5.82%
(23.43)%
(2.69)%
.69%
1.68%
.88%
_4.70%
4.70%
A recap of the values by County follows:
2001 Certified
Values
2002 Pre~mina~y Increase (Decrease)fi,om
Values 2001
Jefferson County $1,039,590,020 $ 1,092,807,379 $ 53,217,359
Orange County 120.794.810 122.084.360 1.289.550
Total $1A60.384.830 $ 1.214.891.739 ~SA~55)fi~K~
5.I2%
1.07%
4.70%
Based on the preliminary values, the total tax levy would be $9,415,411, $422,429 more than the 2001 levy.
Again, these are preliminary values and are subject to reduction when the certified rolls are released in July.
Last year the certified values declined $8.5 million (.73%) from the preliminary rolls.