Page 31 - FY 2021--22 Revenue Outlook

$1,765,502 91,880 $1,857,382 5.2% 67,950 $1,789,432 5.3% 5.9%

2021 FY 2021-22 Estimate

$50,480 24,710 14,180 2,430 1,010 (930)

$1,666,339 99,163 $1,765,502 6.0% 65,354 $1,700,148 6.0% 6.6%

2020 FY 2020-21 Actual
$49,595 30,843 13,388 3,116 2,066 155

$1,569,698 96,641 $1,666,339 6.2% 62,043 $1,604,296 6.3% 6.8%

2019 FY 2019-20 Actual $48,336 28,744 11,087 3,915 3,116 1,443

Property Tax Factors Causing Valuation Changes in Countywide Assessment Roll for Years 2017 through 2020 Estimate for Change in Countywide Valuations for 2021 (Million Dollars) $1,473,759 95,939 $1,569,698 6.5% 59,811 $1,509,888 6.6% 7.7% Change in the City roll typically parallels change in the County roll. Prior to the Great Recession, the County Assessor provided a preliminary forecast concerning growth as

FY 2018-19
Actual
2018
$47,631 26,616 11,041 4,533 821 5,297

2017 FY 2017-18 Actual $1,390,917 82,842 $1,473,759 6.0% 57,635 $1,416,124 6.0% 6.6% based on the trends for these receipts. City valuation assumes higher growth of 5.9 percent.
$43,513 24,561 7,655 1,328 492 5,293

County Property Tax Period Corresponding City Fiscal Year FOR COUNTY OF LOS ANGELES Prior Year Local Roll Before Exemptions Properties Sold / Transferred Inflation Adjustment / Prop 13 New Construction Business Property & Fixtures Other Valuations Proposition 8 Changes and other Adjustments Subtotal Gross Local Roll % change from prior year Exemptions County Net Local Roll. % change from prior year FOR CITY OF LOS ANGELES NET LOCAL ROL