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Department of Management & Finance

Fiscal Year 2004 Proposed Budget

Section B - Revenues

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FY 2004 PROPOSED - REAL ESTATE TAX REVENUES
                   
Percent Assessed Tax Tax Percent Total for Total for
  Description     Change Value Rate Levy Collected Tax Year Fiscal Year
REAL ESTATE
County Property as of CY 2002 Land Book $27,188,731,900
Net Change in Assessments 15.2% 4,132,687,249
County Property as of January 1, 2003 $31,321,419,149 $0.993 $311,021,692 99.6% $309,777,605
PSC Property in Tax Year 2002 $196,045,781
PSC Estimated Net Change in Assessments 0.0% 0
PSC Property in Tax Year 2003 $196,045,781 $0.993 $1,946,735 100.0% $1,946,735
Total Taxable Base, Fall 2003 $31,517,464,930 $311,724,340
Taxes Due October 5, 2003 $155,862,170
Less Tax Relief for Elderly and Disabled (803,893)
ESTIMATED REVENUE FOR FISCAL YEAR 2004 - FALL $155,058,278
County Property as of January 1, 2003 $31,321,419,149
Net Change in Assessments 4.0% 1,252,856,766
County Property as of January 1, 2004 $32,574,275,915 $0.993 $323,462,560 99.6% $322,006,978
PSC Property in Tax Year 2003, prior to Fall adjustment $196,045,781 $0.993 $1,946,735 100.0% $1,946,735
Total Taxable Base, Spring 2004 $32,770,321,696 $323,953,713
Taxes Due June 15, 2004 $161,976,857
Less Tax Relief for Elderly and Disabled (888,148)
ESTIMATED REVENUE FOR FISCAL YEAR 2004 - SPRING $161,088,709
TOTAL ESTIMATED ASSESSMENT TAX REVENUE FOR FISCAL YEAR 2004 $316,146,987
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Proposed Budget Contents | Section B Contents | Submit Comments