11.07.2014 Views

Comprehensive Annual Financial Report - City of Santa Monica

Comprehensive Annual Financial Report - City of Santa Monica

Comprehensive Annual Financial Report - City of Santa Monica

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

CITY OF SANTA MONICA, CALIFORNIA<br />

Assessed Value and Actual Value <strong>of</strong> Taxable Property<br />

Last Ten Fiscal Years<br />

TABLE 6<br />

Fiscal<br />

year Land Improvements Personal property<br />

Public<br />

utilities Secured gross Exemptions (1) Secured net Net unsecured<br />

Net assessed<br />

valuations<br />

2007-08 $ 12,279,875,463 $ 8,581,600,449 $ 230,361,744 $ 742,365 $ 21,092,580,021 $ 847,012,250 $ 20,245,567,771 $ 877,156,158 $ 21,122,723,929<br />

2006-07 11,307,028,243 8,100,538,705 231,255,829 742,865 19,639,565,642 810,600,441 18,828,965,201 876,645,078 19,705,610,279<br />

2005-06 10,226,948,142 7,591,414,476 37,240,768 742,865 17,856,346,251 535,704,727 17,320,641,524 777,908,774 18,098,550,298<br />

2004-05 9,187,366,819 7,004,200,099 25,810,792 3,266,758 16,220,644,468 445,214,530 15,775,429,938 771,454,105 16,546,884,043<br />

142<br />

2003-04 8,398,483,440 6,720,989,375 110,879,795 3,076,425 15,233,429,035 458,910,480 14,774,518,555 936,652,394 15,711,170,949<br />

2002-03 7,743,067,190 6,378,861,320 77,861,370 577,895 14,200,367,775 432,908,920 13,767,458,855 830,892,607 14,598,351,462<br />

2001-02 6,959,592,062 5,827,878,240 67,180,358 577,895 12,855,228,555 304,310,896 12,550,917,659 940,935,105 13,491,852,764<br />

2000-01 6,387,678,650 5,382,788,280 26,836,372 577,895 11,797,881,197 335,631,820 11,462,249,377 820,704,082 12,282,953,459<br />

1999-00 5,827,045,970 4,951,093,680 48,350,204 577,895 10,827,067,749 264,038,252 10,563,029,497 771,996,560 11,335,026,057<br />

1998-99 5,222,114,071 4,496,230,347 48,065,652 577,895 9,766,987,965 327,617,031 9,439,370,934 763,269,831 10,202,640,765<br />

(1) Includes Homeowner Exemption. <strong>City</strong> is reimbursed by State for taxes lost because <strong>of</strong> these exemptions.<br />

Source: Los Angeles County Auditor-Controller

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!