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Taxable Sales
<br />The history of taxable transactions in the City from calendar year 2009 through third quarter 2014 is
<br />shown in the following table.
<br />TAXABLE SALES
<br />City of Santa Ana
<br />2009 -2014
<br />Taxable transactions in thousands of dollars.
<br />(2) Most recent data available, through third quarter 2014.
<br />Source: "Taxable Sales in California (Sales & Use Tax)," California Board of Equalization.
<br />Assessed Value
<br />The history of assessed values of taxable property within the City from fiscal years 2005 -06 through
<br />2014 -15 is shown in the following table.
<br />ASSESSED VALUE (UNAUDITED)
<br />OF TAXABLE PROPERTY
<br />CITY OF SANTA ANA
<br />Fiscal Years 2005 -2006 through 2014 -15
<br />(in thousands of dollars)
<br />Retail
<br />Retail and Food
<br />Total Outlets
<br />Year
<br />Permits
<br />Taxable Transactions( �)
<br />Total Permits
<br />Taxable Transactionslrl
<br />2009
<br />3,715
<br />2,139,858
<br />6,717
<br />$3,116,988
<br />2010
<br />3,863
<br />2,235,903
<br />6,838
<br />3,178,264
<br />2011
<br />3,926
<br />2,363,736
<br />6,845
<br />3,326,962
<br />2012
<br />4,003
<br />2,518,026
<br />6,848
<br />3,492,395
<br />2013
<br />3,988
<br />2,608,681
<br />6,745
<br />3,655,025
<br />2014(`)
<br />4,146
<br />681,445
<br />6,918
<br />9,58,190
<br />Taxable transactions in thousands of dollars.
<br />(2) Most recent data available, through third quarter 2014.
<br />Source: "Taxable Sales in California (Sales & Use Tax)," California Board of Equalization.
<br />Assessed Value
<br />The history of assessed values of taxable property within the City from fiscal years 2005 -06 through
<br />2014 -15 is shown in the following table.
<br />ASSESSED VALUE (UNAUDITED)
<br />OF TAXABLE PROPERTY
<br />CITY OF SANTA ANA
<br />Fiscal Years 2005 -2006 through 2014 -15
<br />(in thousands of dollars)
<br />The State Constitution requires property to be assessed at one hundred percent of the most recent purchase price, plus an
<br />increment of not more than two - percent annually, plus any local over - rides. The assessed valuation data shown above
<br />represents the only data currently available with respect to the actual market value of taxable property and is subject to
<br />the limitation described above.
<br />(a) California cities do not set their own direct tax rate. The State Constitution establishes the rate at 1% and allocates a
<br />portion of that amount, by an annual calculation, to all the taxing entities within a tax rate area.
<br />Source: Comprehensive Annual Financial Statement of the City of Santa Ana for Fiscal Year 2014 -2015.
<br />B -7
<br />55B -113
<br />Total
<br />Fiscal
<br />Total Real
<br />Unsecured
<br />Total
<br />Direct
<br />Year
<br />Secured Property
<br />Property
<br />Assessedo)
<br />Tax Rate(2)
<br />2006
<br />$16,039,774
<br />$1,415,202
<br />$17,268,935
<br />1.0%
<br />2007
<br />17,927,887
<br />1,631,584
<br />19,378, 852
<br />1.0
<br />2008
<br />19,553,630
<br />1,630,486
<br />21,006,625
<br />1.0
<br />2009
<br />20,220,321
<br />1,711,122
<br />21,756,428
<br />1.0
<br />2010
<br />18,811,560
<br />1,700,267
<br />20,337,726
<br />1.0
<br />2011
<br />18,313,282
<br />1,575,006
<br />19,714,394
<br />1.0
<br />2012
<br />18,509,578
<br />1,591,287
<br />19,928,684
<br />1.0
<br />2013
<br />18,829,929
<br />1,432,409
<br />20,093,576
<br />1.0
<br />2014
<br />19,579,938
<br />1,539,745
<br />20,955,423
<br />1.0
<br />2015
<br />20,432,992
<br />1,642,391
<br />21,914,119
<br />1.0
<br />The State Constitution requires property to be assessed at one hundred percent of the most recent purchase price, plus an
<br />increment of not more than two - percent annually, plus any local over - rides. The assessed valuation data shown above
<br />represents the only data currently available with respect to the actual market value of taxable property and is subject to
<br />the limitation described above.
<br />(a) California cities do not set their own direct tax rate. The State Constitution establishes the rate at 1% and allocates a
<br />portion of that amount, by an annual calculation, to all the taxing entities within a tax rate area.
<br />Source: Comprehensive Annual Financial Statement of the City of Santa Ana for Fiscal Year 2014 -2015.
<br />B -7
<br />55B -113
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