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Assessed Values
<br /> The following table sets forth the assessed and estimated actual values of taxable property within
<br /> Fullerton for the last ten fiscal years:
<br /> ASSESSED AND ESTIMATED ACTUAL VALUES OF TAXABLE PROPERTY
<br /> LAST TEN FISCAL YEARS
<br /> Total Assessed &
<br /> Fiscal Common Public Unsecured Estimated Full
<br /> Year Property Utility[') Valuation Market Valuation
<br /> 1986 $3,447,895,893 $ 86,501,050 $262,042,382 $3,796,439,325
<br /> 1987 3,791,332,471 93,876,990 316,974,240 4,202,183,701
<br /> 1988 4,077,021,251 103,717,110 285,132,707 4,465,871,068
<br /> 1989 4,379,034,075 13,489,758 318,297,944 4,710,821,777
<br /> 1990 4,777,560,499 4,808,987 349,657,462 5,132,026,948
<br /> 1991 5,078,492,695 4,688,817 369,297,694 5,452,479,206
<br /> 1992 5,368,799,051 5,008,602 422,249,940 5,796,057,593
<br /> 1993 5,633,310,098 6,037,054 407,056,590 6,046,403,742
<br /> 1994 5,757,256,168 6,902,040 351,952,416 6,116,110,624
<br /> 1995 5,758,455,945 5,071,849 304,794,654 6,068,322,448
<br /> Source: Orange County Assessor
<br /> (e Due to change in state law, starting in 1989, the State Board of Equalization is no longer assessing public utility property on a situs
<br /> basis. As a result, property tax revenues for utilities increased slightly for the City of Fullerton. Property tax for utilities is now based
<br /> upon a county wide assessment, and allocated on a pro rata basis. Assessed values shown for public utilities now include only non-
<br /> operating, non-unitary property and railroad property.
<br /> Property Tax Valuation
<br /> The table below presents Fullerton's property tax valuation and collection experience for the last five
<br /> fiscal years.
<br /> CITY OF FULLERTON
<br /> Property Tax Levies and Collections
<br /> Last Five Fiscal Years
<br /> % of
<br /> Total Total % of Outstanding Delinquent
<br /> Fiscal Current Current Levy Delinquent Taxes to
<br /> Year Levy Collections Collected Taxes Total Levy
<br /> 1990-91 $11,196,842 $10,681,925 95.40% $514,917 4.60%
<br /> 1991-92 11,634,417 10,915,382 93.82 719,035 6.18
<br /> 1992-93 10,835,687 10,198,323 94.12 637,364 5.88
<br /> 1993-94 9,704,237 9,233,657 95.15 470,580 4.85
<br /> 1994-95 8,654,595 8,327,051 96.22 327,544 3.78
<br /> Source: County of Orange
<br /> B-33
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