Exhibit A
A.) Assessed Valuation
1) 2024-25 Taxable Secured Assessed Valuation (AV) $7,002,594,315.00 2) Less: Estimated Delinquency 0.70% ($49,018,160.21)
3) Net Taxable Secured AV $6,953,576,154.80
4) 2024-25 Taxable Unsecured AV $860,128,404.00
5) Less: Estimated Delinquency 0.70% (6,020,898.83)
6) Net Taxable Unsecured AV $854,107,505.17
7) Total Assessed Valuation (AV) $7,807,683,659.97
B.) Tax Levy Requirement
8) 2024-25 Debt Service Payments
9) 2023 GO Bonds - February 1, 2025 $1,255,966.25
10) 2023 GO Bonds - August 1, 2025 2,290,966.25
11) Total 2024-25 Debt Service Payments $3,546,932.50
12) Excess Funds on Hand Applied toward Debt Service $0.00 13) Subtotal ` 3,546,932.50
14) Total 2024-25 Annual Debt Service Requirement $3,546,932.50 C.) Tax Rate
15) $0.05982
16) $59.82
17) 2024-25 Estimated Revenue from Unsecured AV (line 6 divide by 100 times by line 15) $510,938.97 18) 2024-25 Estimated Revenue from Secured AV (line 14 minus line 17) $3,035,993.53 19) Total 2024-25 Annual Debt Service Requirement $3,546,932.50 20) 0.043660894
21) 2024-25 Secured Tax Rate per $100,000 of Secured AV (line 18 divided by line 3 times 100,000) $43.66 City of Emeryville
General Obligation (GO) Bonds, Election of 2018, Series 2023 Tax Rate Calculation Based on 2024-25 Assessed Values
2024-25 Unsecured Tax Rate per $100 of Unsecured AV (Prior Year's Secured Tax Rate) 2024-25 Unsecured Tax Rate per $100,000 of Unsecured AV 2024-25 Secured Tax Rate per $100 of Secured AV (line 18 divided by line 3 times 100)
Exhibit A – Tax Rate Calculation based on FY 2025 Assessed Values
Emeryville City Council
September 3, 2024
- Document
- Exhibit A – Tax Rate Calculation based on FY 2025 Assessed Values
- Meeting
- September 3, 2024
- Body
- Emeryville City Council
- Original file
- 453 KB
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