Page 32 - FY 2020-21 Revenue Outlook

Property Tax

Percent of City Assessed Valuations to County Assessed Valuations

41.0%
40.68%
40.55%
40.5% 40.33%

39.93%
40.0%
39.71%

39.5% 39.36%

38.96%
39.0%
38.67% 38.76%
38.51% 38.49% 38.47% 38.58%
38.5%

38.0%

37.5%

37.0%
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 est
Assessment Year

No preliminary estimate for Countywide growth in 2020 assessed valuations is available from the County Assessor, which would
have otherwise served as the basis for City 2020-21 estimated property tax growth. The Assessor will release its assessment roll
forecast in May.
City assessed valuations have been a stable component of Countywide valuations, but its share has increased in recent years as
City growth has outpaced that of the County. Growth in City valuations for the 2020 tax period is again projected to exceed growth
in Countywide valuations.

20