Rising Assessments, Falling Taxes
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Votes

Rising Assessments, Falling Taxes

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<TR><b><TD>Year</b></td><td><b>Assessed Prop Value</b></td><td><b>% Increase</b></td><td><b>Tax Rate</b></td><td><b>% Change</b></td><td><b>Collected Revenues</b></td><td><b>% Increase</b></td><td><b>Average Value, Single-Family Home</b></td><td><b>Average Tax Bill</b></td></tr><tr><td><b>1977</b></td><td>3,494,109,020</td><td>7.85%</td><td>1.49</td><td>-1.5%</td><td>52,062,224</td><td>6.3%</td><td>$63,219</td><td>$942</td></tr><tr><td><b>1978</b></td><td>3,802,977,594</td><td>8.84%</td><td>1.45</td><td>-2.7%</td><td>55,143,175</td><td>5.9%</td><td>$69,303</td><td>$1,005</td></tr><tr><td><b>1979</b></td><td>4,333,704,236</td><td>13.96%</td><td>1.29</td><td>-11%</td><td>55,904,785</td><td>1.4%</td><td>$78,700</td><td>$1,015</td></tr><tr><td><b>1980</b></td><td>5,331,452,465</td><td>23.02%</td><td>1.12</td><td>-13.2%</td><td>59,712,268</td><td>6.8%</td><td>$92,200</td><td>$1,032</td></tr><tr><td><b>1981</b></td><td>6,470,451,430</td><td>21.36%</td><td>0.96</td><td>-14.3%</td><td>62,116,334</td><td>4%</td><td>$105,200</td><td>$1,010</td></tr><tr><td><b>1982</b></td><td>7,181,000,000</td><td>10.98%</td><td>0.98</td><td>+2.1%</td><td>70,373,800</td><td>13.3%</td><td>$114,123</td><td>$1,118</td></tr><tr><td><b></td></tr>

<tr><td><b>1988</b></td><td>13,205,218,600</td><td>13.37%</td><td>0.89</td><td>+3.2%</td><td>117,526,446</td><td>9.7%</td><td>$165,300</td><td>$1,471</td></tr><tr><td><b>1989</b></td><td>16,202,838,200</td><td>22.70%</td><td>0.78</td><td>-12.4%</td><td>162,028,382</td><td>27.5%</td><td>$213,600</td><td>$1,666</td></tr></table>