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Table VII
Analysis of Current Tax Levy
For the Fiscal Year Ended June 30, 2016
Property
Excluding
City - Wide
Registered
Registered
Property
Basic
Total
Motor
Motor
Valuation
Rate
Levy
Vehicles
Vehicles
Original Levy:
Property taxed at current
25,802,438,577
$
0.6325 $
163,200,424
$
150,084,847
$
13,115,577
$
Penalties
91,959
91,959
Vehicle fee
2,037,002
2,037,002
Business Improvement District
.0800
614,373
600,695
13,678
Historic Districts
.0500/.0100
34,764
32,926
1,838
Total
25,802,438,577
165,978,522
150,810,427
15,168,095
Discoveries
Prior year taxes
142,379,005
Various
258,843
258,843
Penalties
82,646
82,646
Total
142,379,005
341,489
341,489
Abatements
274,284,111
1,734,847
1,734,543
304
Total property valuation
25,670,533,471
$
Net levy
164,585,164
149,417,373
15,167,791
Uncollected taxes at June 30, 2016
1,179,177
1,177,697
1,480
Current year's taxes collected
163,405,987
$
148,239,676
$
15,166,311
$
Current levy collection percentage
99.28%
99.21%
99.99%
Total Levy
-179-