Comprehensive Annual Financial Report - City of Santa Monica
Comprehensive Annual Financial Report - City of Santa Monica
Comprehensive Annual Financial Report - City of Santa Monica
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CITY OF SANTA MONICA, CALIFORNIA<br />
Principal Property Taxpayers<br />
Current Fiscal Year and Nine Years Ago<br />
TABLE 8<br />
144<br />
Taxable<br />
2007-08<br />
Percentage<br />
<strong>of</strong> total <strong>City</strong><br />
taxable<br />
Taxable<br />
assessed<br />
assessed<br />
assessed<br />
Taxpayer value Rank value<br />
value Rank<br />
California Colorado Center LLC $ 452,157,840 1 2.14 % $ —<br />
— %<br />
Water Garden Realty Holding LLC 438,216,533 2 2.07 — —<br />
Sisters <strong>of</strong> Charity/St. John's Hospital 345,742,592 3 1.64 142,922,533 3 1.40<br />
Douglas Emmett Realty Fund 261,224,120 4 1.24 86,855,305 6 0.85<br />
SC Enterprises SMBP LLC 226,701,857 5 1.07 88,745,204 5 0.87<br />
Barrington Pacific LLC 134,791,748 6 0.64 — —<br />
New <strong>Santa</strong> <strong>Monica</strong> Beach Hotel 132,795,598 7 0.63 — —<br />
Rand Corporation 129,700,673 8 0.61 — —<br />
Macerich <strong>Santa</strong> <strong>Monica</strong> LLC 124,986,550 9 0.59 — —<br />
CLPF-Arboretum 100,814,760 10 0.48 — —<br />
Colorado Place Partners — — 188,000,000 1 1.84<br />
Water Garden Company — — 150,610,902 2 1.48<br />
<strong>Santa</strong> <strong>Monica</strong> Place Associates — — 98,036,225 4 0.96<br />
SHCI <strong>Santa</strong> <strong>Monica</strong> Beach Hotel — — 72,179,758 7 0.71<br />
Commerce Way Assoc. Ltd. Partnership — — 53,556,227 8 0.52<br />
Metro Goldwyn Mayer Studios Inc — — 23,750,115 9 0.23<br />
<strong>Santa</strong> <strong>Monica</strong> Shores — — 17,174,236 10 0.17<br />
Total principal property taxpayers<br />
assessed value 2,347,132,271 11.11 921,830,505 9.03<br />
Total <strong>City</strong> assessed value $ 21,122,723,929<br />
100.00 % $ 10,202,640,765<br />
100.00 %<br />
1998-99<br />
Percentage<br />
<strong>of</strong> total <strong>City</strong><br />
taxable<br />
assessed<br />
value<br />
Source: <strong>City</strong> <strong>of</strong> <strong>Santa</strong> <strong>Monica</strong> Finance Department (data from Los Angeles County Assessor)
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