Exhibit A
A.) Assessed Valuation
1) 2023-24 Taxable Secured Assessed Valuation (AV) $6,879,347,749.00 2) Less: Estimated Delinquency 0.62% ($42,651,956.04)
3) Net Taxable Secured AV $6,836,695,792.96
4) 2023-24 Taxable Unsecured AV $808,996,771.00
5) Less: Estimated Delinquency 0.62% (5,015,779.98)
6) Net Taxable Unsecured AV $803,980,991.02
7) Total Assessed Valuation (AV) $7,640,676,783.98
B.) Tax Levy Requirement
8) 2023-24 Debt Service Payments
9) 2023 GO Bonds - February 1, 2024 $1,855,340.14
10) 2023 GO Bonds - August 1, 2024 2,234,466.25
11) Total 2023-24 Debt Service Payments $4,089,806.39
Excess Funds on Hand Applied toward Debt Service 0.00
Subtotal 0.00
Total 2023-24 Annual Debt Service Requirement $4,089,806.39 C.) Tax Rate
12) $0.00000
13) $0.00
14) 2023-24 Estimated Revenue from Unsecured AV $0.00
15) 2023-24 Estimated Revenue from Secured AV $4,089,806.39 16) Total 2023-24 Annual Debt Service Requirement $4,089,806.39 17) $0.05982
18) $59.82
2023-24 Secured Tax Rate per $100 of Secured AV (line 9 divided by line 1 times 100) 2023-24 Secured Tax Rate per $100,000 of Secured AV (line 9 divided by line 1 times 100,000) City of Emeryville
General Obligation (GO) Bonds, Election of 2018, Series 2023 Tax Rate Calculation Based on 2023-24 Assessed Values
2023-24 Unsecured Tax Rate per $100 of Unsecured AV (Prior Year's Secured Tax Rate) 2023-24 Unsecured Tax Rate per $100,000 of Unsecured AV
Exhibit A - Tax Rate Calculation based on FY 2024 Assessed Value
Emeryville City Council
September 5, 2023
- Document
- Exhibit A - Tax Rate Calculation based on FY 2024 Assessed Value
- Meeting
- September 5, 2023
- Body
- Emeryville City Council
- Original file
- 133 KB
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