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Property Tax Revenues
<br /> The total assessed valuation of the property within Stanton for the fiscal year 1994-95 was
<br /> $1,094,257,111. The total appropriations limit adopted by Stanton for fiscal year 1994-95 was $14,155,782
<br /> and the actual appropriations for the same period was $6,731,909.
<br /> Stanton receives funds annually from the State based upon a percentage of property taxes collected
<br /> within the County computed on Stanton's respective assessed valuation, and a statutory system of annual
<br /> appropriations. The table below presents the assessed valuation of property within Stanton for the past five
<br /> fiscal years.
<br /> CITY OF STANTON
<br /> Assessed Valuations
<br /> Fiscal Total Before Incremental Total After
<br /> Year Local Secured Utility Unsecured Rdv. Increment Assessed Value Rdv. Increment
<br /> 1990-91 $ 917,481,414 $5,788,667 $70,924,973 $ 994,195,054 $149,580,239 $844,614,815
<br /> 1991-92 960,487,061 5,870,197 92,594,300 1,058,951,558 151,812,345 907,139,213
<br /> 1992-93 1,006,164,287 4,451,167 97,798,130 1,108,413,584 147,371,535 961,042,049
<br /> 1993-94 1,038,721,628 4,435,792 93,702,876 1,136,860,296 184,954,929 951,905,367
<br /> 1994-95 1,018,884,613 5,248,116 70,127,496 1,094,260,225 157,551,789 936,708,436
<br /> urce: Orange County Auditor-Controller's Office
<br /> The table below presents Stanton's property tax valuation and collection experience for the last five
<br /> fiscal years.
<br /> CITY OF STANTON
<br /> Property Tax Levies and Collections
<br /> Last Five Fiscal Years
<br /> Amount Percentage
<br /> Fiscal Secured Delinquent Delinquent
<br /> Year Tax Charge June 30 June 30
<br /> 1990-91 $1,276,571 $ 58,678 4.60%
<br /> 1991-92 1,341,550 65,064 4.85
<br /> 1992-93 1,239,186 57,806 4.66
<br /> 1993-94 1,044,644 (1) N/A
<br /> 1994-95 1,039,320 tll N/A
<br /> Source: County of Orange Auditor -Controller
<br /> t'I Beginning with fiscal year 1993-94,Stanton elected the Teeter Plan for property tax distribution in which the city receives the entire
<br /> secured levy in the current fiscal year, whether paid or not, and the County retains the penalties and interest on delinquent taxes
<br /> when paid.
<br /> B-95
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