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Financial Report - Moreno Valley

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192<br />

City of <strong>Moreno</strong> <strong>Valley</strong><br />

Property Tax Levies and Collections<br />

Last Ten Fiscal Years<br />

Fiscal Year<br />

Ended June 30,<br />

Taxes Levied<br />

for the Fiscal<br />

Year<br />

Collected within the Fiscal<br />

Year of Levy<br />

Collections in Total Collections to Date<br />

Percent of Subsequent<br />

Percent of<br />

Amount Levy years<br />

Amount Levy<br />

2002 $ 21,302,107 $ 19,936,925 93.59% $ 11,514 $ 19,948,439 93.65%<br />

2003 22,594,477 22,876,331<br />

2004 26,353,337 24,884,530<br />

2005 28,865,321<br />

2006 30,426,678<br />

26,775,299<br />

32,347,436<br />

101.25% - 22,876,331<br />

94.43% 11,609 24,896,139<br />

92.76% 7,922<br />

106.31% 37,812<br />

2007 35,606,935 39,141,295 109.93% 64,980<br />

2008 41,349,349<br />

2009 36,524,643<br />

2010 31,875,985<br />

2011 30,099,696<br />

43,457,010<br />

41,165,168<br />

35,492,693<br />

33,658,226<br />

105.10% 104,898<br />

112.71% 119,943<br />

111.35% 80,963<br />

111.82% 55,108<br />

26,783,221<br />

32,385,248<br />

39,206,275<br />

43,561,908<br />

41,285,111<br />

35,573,656<br />

33,713,334<br />

The City began participating in the "Teeter Plan" in FY 1993-94 which resulted in a lower amount of subsequent delinquent tax collections.<br />

Note: Collections include supplemental tax receipts from the County that are not included in the taxes levied for the fiscal year.<br />

Source: County of Riverside Auditor-Controller<br />

City of <strong>Moreno</strong> <strong>Valley</strong> Finance Department<br />

101.25%<br />

94.47%<br />

92.79%<br />

106.44%<br />

110.11%<br />

105.35%<br />

113.03%<br />

111.60%<br />

112.01%

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