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Assessed Valuation
<br />Assessed valuation in the City has increased steadily over all in the past ten years.
<br />CITY OF SANTA ANA
<br />Assessed Value and Estimated Actual Value of Taxable Property
<br />Last Ten Fiscal Years
<br />(in thousands of dollars)
<br />Fiscal Year
<br />Taxable
<br />Ended
<br />Assessed
<br />June 30
<br />Secured
<br />Unsecured
<br />Value(')
<br />2023
<br />$30,723,826
<br />$1,748,007
<br />$32,325,355
<br />2022
<br />28,865,226
<br />1,676,091
<br />30,393,150
<br />2021
<br />27,590,592
<br />1,489,607
<br />28,930,804
<br />2020
<br />26,373,249
<br />1,570,712
<br />27,791,434
<br />2019
<br />25,027,024
<br />1,493,217
<br />26,366,912
<br />2018
<br />23,719,049
<br />1,513,465
<br />25,076,707
<br />2017
<br />22,436,846
<br />1,449,280
<br />23,728,394
<br />2016
<br />21,528,909
<br />1,484,318
<br />22,853,500
<br />2015
<br />20,432,992
<br />1,642,391
<br />21,914,119
<br />2014
<br />19,579,938
<br />1,539,745
<br />20,955,423
<br />(1) Taxable Assessed Value totals includes deductions for property tax exemptions not illustrated herein.
<br />Source: City of Santa Ana Audited Comprehensive Financial Report dated as of June 30, 2023.
<br />Largest Property Taxpayers
<br />Principal property owners in Fiscal Year ending June 30, 2023 amounted 5.00% of the total assessed value
<br />in the City. The table below shows the top 10 property taxpayers in the City.
<br />CITY OF SANTA ANA
<br />Principal Property Tax Payers
<br />Fiscal Year 2023
<br />Percentage of
<br />Total City
<br />Taxable
<br />Taxable
<br />Principal Property Tax Pave (1)
<br />Assessed Value
<br />Rank
<br />Assessed Value
<br />Main Place Shoppingtown
<br />$ 343,869,523
<br />1
<br />1.07%
<br />Bre OC Griffin LLC
<br />240,461,846
<br />2
<br />0.75
<br />RP/Essex Skyline Holdings
<br />152,350,555
<br />3
<br />0.47
<br />First American Title
<br />141,445,558
<br />4
<br />0.44
<br />MDC Coastal 13 LLC
<br />120,758,820
<br />5
<br />0.37
<br />APG OCIC LLC
<br />116,546,455
<br />6
<br />0.36
<br />Centerpoint 2701 Harbor LLC
<br />114,025,000
<br />7
<br />0.35
<br />Cadigan 1901 First LLC
<br />105,463,775
<br />8
<br />0.33
<br />Rexford Industrial — 1800 St
<br />105,300,000
<br />9
<br />0.33
<br />Adagio 366 LLC
<br />104,995,718
<br />10
<br />0.33
<br />TOTAL
<br />$1,545,217,250
<br />4.80%
<br />(1) Presented in order of highest to lowest estimated property tax revenue paid to the City.
<br />Source: City of Santa Ana Audited Comprehensive Financial Report dated as of June 30, 2023
<br />Commercial Activity
<br />The following table sets forth information regarding taxable sales in the City for Calendar Years 2019
<br />through 2023. The County of Orange has a 7.75% tax rate. The Santa Ana residents approved Measure X, the
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