Assessed Valuations and Tax Revenues
<br />Total assessed value of the Project Area, together with assessed values of the constituent areas
<br />comprising the Project Area between fiscal years 2013/14 and 2018/19 are shown in the tables below.
<br />TABLE 2
<br />MERGED PROJECT AREA
<br />CURRENT AND HISTORICAL VALUATIONS
<br />FISCAL YEARS 2013/14 THROUGH 2018/19
<br />TABLE 3
<br />MERGED PROJECT AREA
<br />CURRENT ASSESSED VALUATIONS AND
<br />INCREMENTAL VALUE BY COMPONENT PROJECT
<br />FISCAL YEAR 2018/19
<br />Less:
<br />Less:
<br />Secured
<br />Unsecured
<br />Total
<br />Base Year
<br />Incremental
<br />Assessed
<br />Fiscal Assessed
<br />Assessed
<br />Assessed
<br />Assessed
<br />Assessed
<br />%
<br />Gross Tax
<br />Year Valuation
<br />Valuation
<br />Valuation
<br />Valuation
<br />Valuation
<br />Chane
<br />Revenue(')
<br />2013-14 $5,766,230,137
<br />$1,043,696,952
<br />$6,809,927,089
<br />$1,282,905,364
<br />$5,527,021,725
<br />-
<br />$55,141,931
<br />2014-15 5,965,248,429
<br />1,001,603,286
<br />6,966,851,715
<br />1,282,612,862
<br />5,684,238,853
<br />2.84%
<br />56,964,190
<br />2015-16 6,292,183,781
<br />980,400,256
<br />7,272,584,037
<br />1,282,612,862
<br />5,989,971,175
<br />5.38
<br />59,630,354
<br />2016-17 6,532,889,385
<br />944,728,172
<br />7,477,617,557
<br />1,281,987,262
<br />6,195,630,295
<br />3.43
<br />63,797,434
<br />2017-18 6,937,988,009
<br />991,257,529
<br />7,929,245,538
<br />1,278,115,315
<br />6,651,130,223
<br />7.35
<br />68,547,168
<br />2018-19 7,356,533,026
<br />941,860,950
<br />8,298,393,976
<br />1,277,735,568
<br />7,020,658,408
<br />5.56
<br />71,552,723
<br />t11 Based on actual RPTTF
<br />deposits for fiscal years
<br />2013/14 through 2017/18. Includes supplemental and
<br />unitary revenues. Fiscal
<br />year 2018/19 amount is
<br />estimated based on 1% of incremental valuation plus estimated unitary revenue amount
<br />of $1,346,139.
<br />Source: Fiscal Consultant's Report.
<br />TABLE 3
<br />MERGED PROJECT AREA
<br />CURRENT ASSESSED VALUATIONS AND
<br />INCREMENTAL VALUE BY COMPONENT PROJECT
<br />FISCAL YEAR 2018/19
<br />28
<br />SA -3-42
<br />Less:
<br />Secured
<br />Unsecured
<br />Total
<br />Base Year
<br />Incremental
<br />Assessed
<br />Assessed
<br />Assessed
<br />- Assessed
<br />Assessed
<br />Component Area
<br />Valuation
<br />Valuation
<br />Valuation
<br />Valuation
<br />Valuation
<br />Central City
<br />$1,413,628,136
<br />$77,153,159
<br />$1,490,781,295
<br />$ (111,359,539)
<br />$1,379,421,756
<br />Inter -City Commuter Station
<br />516,834,125
<br />33,253,653
<br />550,087,778
<br />(88,581,677)
<br />461,506,101
<br />North Harbor Blvd
<br />521,670,269
<br />23,455,005
<br />545,125,274
<br />(53,289,406)
<br />491,835,868
<br />South Harbor Blvd
<br />1,347,808,146
<br />375,831,749
<br />1,723,639,895
<br />(330,231,463)
<br />1,393,408,432
<br />South Main
<br />2,753,116,610
<br />385,947,845
<br />3,139,064,455
<br />(417,376,629)
<br />2,721,687,826
<br />Bristol Corridor
<br />803,475,740
<br />46,219,539
<br />849,695,279
<br />(276 896,854)
<br />572,798,425
<br />Total
<br />$7,356,533,026
<br />$941,860,950
<br />$8,298,393,976
<br />$(1,277,735,568)
<br />$7,020,658,408
<br />Source: Fiscal Consultant's Report.
<br />For a detailed description of current and historical
<br />assessed value
<br />in each Component Area see
<br />APPENDIX C — "FISCAL CONSULTANT'S REPORT."
<br />28
<br />SA -3-42
<br />
|