Comprehensive Annual Financial Report - City of Santa Monica

CITY OF SANTA MONICA, CALIFORNIA
Property Tax Levies and Collections
Last Ten Fiscal Years
TABLE 9
Total secured tax
Outstanding
Fiscal year
Total secured tax
levy
Current secured
tax collections
Percent of levy
collected
Delinquent
secured tax
collections (1)
Total tax
collections
collections as
percent of total tax
levy
Outstanding
delinquent taxes
(2)
delinquent taxes
as percent of total
secured tax levy
2008-09 $ 22,439,401 $ 21,195,066 94.5 % $ 1,237,357 $ 22,432,423 100.0 % $ 662,983 3.0 %
2007-08 20,654,045 19,309,774 93.5 528,207 19,837,981 96.0 442,105 2.1
2006-07 19,352,421 18,418,938 95.2 376,559 18,795,497 97.1 271,740 1.4
150
2005-06 18,053,398 17,445,098 96.6 407,334 17,852,432 98.9 248,199 1.4
2004-05 16,834,761 16,407,407 97.5 416,502 16,823,909 99.9 292,723 1.7
2003-04 16,674,558 16,235,740 97.4 486,656 16,722,396 100.3 438,818 2.6
2002-03 15,315,149 14,891,114 97.2 422,693 15,313,807 100.0 420,562 2.7
2001-02 14,713,556 14,282,425 97.1 412,287 14,694,712 99.9 446,478 3.0
2000-01 14,040,882 13,614,254 97.0 406,267 14,020,521 99.9 452,974 3.2
1999-00 13,287,593 12,891,562 97.0 426,560 13,318,122 100.2 442,199 3.3
(1) Exclusive of penalties and collections related to tax overrides for debt service on general obligation bonds..
(2)
Reflects City of Santa Monica proportionate share of county-wide outstanding delinquencies. City specific statistics are not available from the
County of Los Angeles.
Source: County of Los Angeles