Cities Index.
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
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) 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)

← All documents from this meeting