CITY OF TEMECULA PROPERTY TAX RATES (per $100 assessed valuation) DIRECT AND OVERLAPPING GOVERNMENTS Last Ten Fiscal Years 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 Basic County, <strong>City</strong> and School Levy 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 Overlapping Rates: Various Water Districts 0.0895 0.0750 0.0611 0.0668 0.0482 0.0330 0.0330 0.0990 0.1049 0.0829 School District 0.3397 0.3267 0.3237 0.3200 0.3700 0.3490 0.3162 0.2485 0.3325 0.4411 Total 1.4292 1.4017 1.3848 1.3868 1.4182 1.3820 1.3492 1.3475 1.4374 1.5240 Source: <strong>City</strong> <strong>of</strong> <strong>Temecula</strong> Finance Department 119
CITY OF TEMECULA PRINCIPAL SECURED PROPERTY OWNERS Last Ten Fiscal Years (Value in thousands) TAXPAYER 2000 2001 2002 2003 2004 Advanced Cardiovascular System, Inc. $ 102,168 $ 102,168 $ 132,236 $ 145,662 $ 147,768 International Rectifier Corporation 143,188 143,188 140,136 135,603 120,271 <strong>Temecula</strong> Towne Center Associates 73,044 73,044 74,505 73,318 96,484 Wolf Creek Maintenance Corporation Radnor Landgrant Rancho Cal Woodside Wolf Creek Inc. Lakha Alderwood Properties 36,736 GMS Realty 38,027 38,027 38,788 39,564 Hudson Respiratory Care, Inc. 34,982 34,982 35,796 28,559 Kimco Palm Plaza 32,997 32,997 39,382 40,170 40,972 Arden Realty Limited Partnership 26,632 26,632 Knickerbocker Properties Inc. XX 23,365 23,365 23,833 42,080 John W. H<strong>of</strong>fee II Trust 21,803 21,803 Harveston, LLC 29,304 Starwood Wasserman <strong>Temecula</strong> 21,752 21,752 24,556 28,577 29,148 STCA 28,697 AEW LBA Acquisition Palomar Village Property LGA 7, Inc. BWIP International <strong>California</strong> Acacia Limited Partnership 26,776 Dayton Hudson Corporation CTF 6 Vintage View LLC Solana Ridge Redhawk Towne Center Inland Western <strong>Temecula</strong> Common Costco Wholesale Corporation 22,606 Wolf Creek Development MV Housing Partners III Standard Pacific Corporation FG <strong>Temecula</strong> Senior Apartments Macy's Department Stores Inc. Universe at <strong>Temecula</strong> Park Cape May Harveston Company Inc. Bascom 42200 Moraga Rd. Apartments MS <strong>Temecula</strong> II 24,548 Port<strong>of</strong>ino Development 28,500 29,070 29,651 Top Ten Totals $ 517,958 $ 517,958 $ 560,338 $ 587,151 $ 585,807 Total Assessed Valuation $ 3,827,394 $ 4,563,253 $ 5,201,010 $ 6,201,896 $ 6,931,696 Source: <strong>City</strong> <strong>of</strong> <strong>Temecula</strong> Finance Department 120