Cities Index.
2022_05_23_ATT_Attachment 1 Parcel Tax Scenarios

City Council Meeting Agenda
June 13, 2022

Document
2022_05_23_ATT_Attachment 1 Parcel Tax Scenarios
Meeting
June 13, 2022
Body
City Council Meeting Agenda
Original file
98 KB
Text extracted from the city's file for reading and search. Open the original on culver-city.legistar1.com. That file is the official record.

City of Culver City ATTACHMENT #2
Parcel Tax Analysis
Based on 2021 Propterty Tax Data
Balanced Tax Tax Based on
Category
Avg. Tax Max. Tax Avg. Tax Max. Tax
Commercial 759 1,774 759 25,706 3,027 102,538 Govt. Owned - - - - Industrial 759 3,549 759 44,803 5,864 346,182 Institutional 759 444 759 17,139 350 7,906 Miscellaneous 759 887 759 1,657 2,538 5,541 Recreational 759 887 759 2,733 2,030 7,311 Resdntl. - Multiunit 759 1,774 759 99,981 1,690 222,611 Resdntl. - Mobile Home Park 759 444 759 759 5,076 5,076 Resdntl. - Single-Fam Attchd. 759 444 759 759 258 258 Resdntl. - Single-Fam Detchd. 759 444 759 759 288 288 Utilities 759 3,549 759 759 40,609 40,609 Vacant 759 887 759 44,399 742 43,392 Projections below will generate approx. $10M in annual Property Tax Revenue Balanced Tax Tax Based on Category
Per sq. ft./# of units Per sq. ft./# of units
Per Parcel Per Parcel

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