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Value -to -Lien Ratios
<br />Table 2 below summarizes the range of overall value -to -lien ratios for the assessable parcels in the
<br />Assessment District based on the secured property roll assessed valuations (AV) of the parcels and may not
<br />reflect the actual market valuations of the parcels.
<br />Value to Lien
<br />50.00:1 and Over
<br />40.00:1 to 49.99:1
<br />30.00:1 to 39.99:1
<br />20.00:1 to 29.99:1
<br />10.00:1 to 19.99:1
<br />Under 10.00:11'1
<br />TABLE 2
<br />City of Santa Ana
<br />Assessment District No. 2015 -01
<br />(Warner Industrial Community)
<br />Limited Obligation Improvement Bonds
<br />Assessed Value -to -Lien Summary
<br />Assessment Lien
<br />$2,141,552
<br />197,718
<br />202,577
<br />$23,991
<br />92,736
<br />145.820
<br />$3,015,394
<br />�') Assessed Values as of January 1, 2015.
<br />(2) Includes 15 parcels for which no ratio could be calculated due to $0 Assessed Value.
<br />Source: Orange County Assessor's office as compiled by Psomas.
<br />Percent of
<br />Assessment Lien
<br />71.02%
<br />6.56
<br />6.72
<br />7.79
<br />3.08
<br />4.84
<br />100.00%
<br />A complete listing of the land values and the associated burden for all assessable parcels is set forth in
<br />APPENDIX G - "UNPAID FINAL ASSESSMENT ROLL AND VALUE -TO -LIEN RATIOS."
<br />Property Tax Status
<br />As of May 17, 2016, there were 14 parcels in the Assessment District with unpaid property taxes
<br />totaling $128,675. The 14 parcels with delinquent property taxes in the Assessment District have a 2015 -16
<br />County assessed land value of $13,681,646, with the value of improvements (buildings) being $7,053,089,
<br />resulting in a total value of $20,734,735. The total value is approximately 103.7 times the outstanding unpaid
<br />assessment lien of $199,838. See "THE IMPROVEMENT PROJECT - Cost Estimate" and "THE
<br />ASSESSMENT DISTRICT - Value -to -Lien Ratio" herein.
<br />23
<br />55B -93
<br />Fiscal Year
<br />Number
<br />2015 -16 Total
<br />of Parcels
<br />AssessedValuelll
<br />131
<br />$284,768,688
<br />16
<br />8,853,196
<br />15
<br />7,061,680
<br />13
<br />6,033,101
<br />9
<br />1,531,952
<br />21
<br />594,199
<br />205
<br />$308,842,816
<br />Assessment Lien
<br />$2,141,552
<br />197,718
<br />202,577
<br />$23,991
<br />92,736
<br />145.820
<br />$3,015,394
<br />�') Assessed Values as of January 1, 2015.
<br />(2) Includes 15 parcels for which no ratio could be calculated due to $0 Assessed Value.
<br />Source: Orange County Assessor's office as compiled by Psomas.
<br />Percent of
<br />Assessment Lien
<br />71.02%
<br />6.56
<br />6.72
<br />7.79
<br />3.08
<br />4.84
<br />100.00%
<br />A complete listing of the land values and the associated burden for all assessable parcels is set forth in
<br />APPENDIX G - "UNPAID FINAL ASSESSMENT ROLL AND VALUE -TO -LIEN RATIOS."
<br />Property Tax Status
<br />As of May 17, 2016, there were 14 parcels in the Assessment District with unpaid property taxes
<br />totaling $128,675. The 14 parcels with delinquent property taxes in the Assessment District have a 2015 -16
<br />County assessed land value of $13,681,646, with the value of improvements (buildings) being $7,053,089,
<br />resulting in a total value of $20,734,735. The total value is approximately 103.7 times the outstanding unpaid
<br />assessment lien of $199,838. See "THE IMPROVEMENT PROJECT - Cost Estimate" and "THE
<br />ASSESSMENT DISTRICT - Value -to -Lien Ratio" herein.
<br />23
<br />55B -93
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