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2017-02-21 Regular
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2017-02-21 Regular
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City Clerk
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Minutes
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Clerk of the Council
Date
2/21/2017
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Business to Business 20.7% <br />Food Products 17.9% <br />Construction 13.9% <br />Other 1.1% <br />Top General Fund Revenues Property Tax <br />Property Tax Overview <br />City of Santa Ana <br />Assessed Valuation <br />20162017 <br />22,436,806,167 <br />114491384188 <br />23,996,126,355 <br />%Cho <br />Fls Year <br />fissuredyalue. <br />Urneruntl value <br />Total ASassetl Value <br />Total Ya <br />20162017 <br />22,436,806,167 <br />114491384188 <br />23,996,126,355 <br />3.9% <br />30112016 <br />21,528,908,547 <br />1,484,317.701 <br />23,013,226,208 <br />4.2% <br />2014-20]5 <br />24432,992,347 <br />1,642,391147 <br />22,015,383,099 <br />4.5% <br />20132014 <br />19,5A,93&214 <br />1,539,744,991 <br />22,119.683,205 <br />3.896 <br />2012 -3013 <br />1&82&929,010 <br />1,509,354035 <br />24339,779,135 <br />1.2% <br />3011- 2012 <br />1&50&ST7,519 <br />11591,2361970 <br />24104364,39 <br />S urt O n8e00untyAuddor.{On &-rOffx Assessed Val &ions <br />Property Tax Overview <br />A majority of the assessed basic property value is derived from residential, <br />commercial and industrial parcels. <br />Net Taxable Value <br />Residential <br />59.4% <br />Commercial <br />21.2% <br />Industrial <br />12.1% <br />Total: <br />92.7% <br />Top General Fund Revenues Property Tax in Lieu of Vehicle License Fee (VLF) <br />Property Tax In Lieu of Vehicle License Fee (VLF) <br />• Property Tax (VLF) is the third largest general fund revenue source. <br />• In 2004, the California Legislature approved a VLF for property tax swap. <br />• The result was a reduction of the VLF from 2% to 0.65% and the difference <br />in the reduction was backfilled to cities and counties with property tax. <br />Top General Fund Revenues Utility User Tax <br />CITY COUNCIL MINUTES 20 FEBRUARY 21, 2017 <br />
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