Cities Index.
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
Text extracted from the city's file for reading and search. Open the original on emeryville.legistar1.com. That file is the official record.

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

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