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<br /> Assessed values compared to prior fiscal years -(p A-3 <br /> <br /> 2001-02 2002-03 2003-04 2004-05 (Decr)lIncr <br /> <br /> Land $605,586,412 $498,390,162 $517,048,912 $523,470,912 1.24% <br /> Improvement 525.304.000 532.357.750 548.847.750 571.039.000 4.04% <br /> Total $1,130,890,412 $1,030,747,912 $1,065,896,662 $1,094,509,912 2.68% <br /> The assessed values represent 25% of the adjusted appraised value of <br /> $4,378,039,647{1). <br /> (1) The bond agreement specifies that assessed value is 25% of the full cash value of the property. <br /> Assessed Values by Type <br /> As percent of total valuation <br /> <br /> Residential Commercial Vacant Land <br /> 1994-1995 58.9 33.3 7.8 <br /> 1995-1996 58.3 35.4 6.3 <br /> 1996-1997 59.8 35.2 5.0 <br /> 1997-1998 54.7 37.8 7.5 <br /> 1998-1999 56.8 39.4 3.8 <br /> 1999-2000 57.7 40.3 2.0 <br /> 2000-2001 57.1 41.2 1.7 <br /> 2001-2002 60.6 38.7 .7 <br /> 2002-2003 60.25 39.4 .35 <br /> 2003-2004 62.93 36.73 .34 <br /> 2004-2005 63.76 35.90 .34 <br /> A copy of the appraisal report has been sent to each council member for review. <br /> Mr~ ~¿ Ç/u <br /> <br /> Brian Ponty Alison :-eeman Edward P. Everett <br /> District Assessor Financial Services Manager City Manager <br /> (Finance Director) <br /> . . -' - <br />