2001-2002 Tax Levy



This report covers 2001 billing through the final billing.  The final billing is complete and bills are dated June 10, 2002.  All tax amounts shown on this report are totals that include rounding (up or down) on fractions of cents in the computation of individual bills.  

 

 

 Actual

 Projected

No. of Bills

874,053

874,053

Real Prop. Val.

49,086,983,833

49,086,983,833

Pers. Prop. Val.

4,361,839,512

4,361,839,512

P/Service Val.

3,888,952,582

3,888,952,582

Vehicle Value 00/01  (.564)

2,142,800,345

2,142,800,345

Vehicle Value 01/02  (.564)

3,887,253,638

3,887,253,638

Total Value

63,367,829,910

63,367,829,910

 

 

 

Property Tax

323,464,730.50

323,464,730.50

Late List Pen.

509,738.31

509,738.31

Vehicle Tax 00/01  (.564)

11,948,877.02

11,948,877.02

Vehicle Tax 01/02  (.564)

21,902,870.93

21,902,870.93

Vehicle Interest

368.08

368.08

Sub Total

$   357,826,584.84

$   357,826,584.84

Tax @ 98% Coll.

350,670,053.14

350,670,053.14

Rebates

(3,538,952.16)

(3,700,000.00)

Sub Total

$   347,131,100.95

$   346,970,053.14

Fire Tax

13,406,293.18

13,406,293.18

Fire Tax Late List

14,807.83

14,807.83

RTP District

62,729.50

62,729.50

RTP District Late List

893.84

893.84

Recycle Fee

5,355,872.50

5,355,872.50

Total Tax

   $   365,971,697.80

$   365,810,649.99



PROPERTY VALUE BREAKDOWN BY YEARS WITH APPLICABLE RATES USED IN DETERMINING TOTAL PROPERTY TAX

Year

 Property Value

 Rate

 Tax

1995

 $           122,184

  0.630

 $             769.76

1996

         12,242,095

  0.630

           77,125.20

1997

           5,691,922

  0.630

           35,859.11

1998

         17,161,968

  0.630

         108,120.40

1999

         33,933,118

  0.730

         247,711.76

2000

         82,699,219

  0.564

         466,423.60

2001 Real Property

  49,052,862,157

  0.564

   276,658,142.57

2001 Pers Property

    4,244,110,682

  0.564

     23,936,784.25

Public Service Value

    3,888,952,582

  0.564

21,933,692.56

Vehicles 00/01

    2,142,800,345

  0.564

    11,948,877.02

Vehicles 01/02

    3,887,253,638

  0.564

21,902,870.93

2001 Total

$63,215,979,404

 

 $356,380,367.32

Grand Total

 $63,367,829,910 

 

 $357,316,377.15


WAKE COUNTY DEFERRED LAND TAX FOR 2001-02 (INCLUDING BACK YEARS)

(Not Included In Regular 2001-02 Tax Levy Totals)

 

# of Bills

 Property Value

 Property Tax

 Fire  Tax

Total Tax

Farm Land

3918

$1,202,963,403

$6,784,713.66

$987,330.78

$7,772,044.44

Historic

147

$38,610,803

$217,765.06

$2,167.58

$219,932.64

Total

4,065

$1,241,574,206

$7,002,478.72

$ 989,498.36

$7,991,977.08

 

Fire District

Property Tax

Vehicle Tax

 Late List

 Total Tax

Apex  (Hipex)

 $114.87

0.00

 $41.74

 $156.61

Bayleaf

103.76

0.00

0.00

             103.76

Cary

20.00

0.00

0.00

20.00

Durham Highway

26.32

0.00

10.75

               37.07

Fairgrounds

0.00

0.00

0.00

0.00

Fairview (Ten-Ten)

202.54

0.00

75.04

             277.58

Falls

0.00

0.00

0.00

0.00

Fire Tax District

11,973,263.52

   1,425,680.25

12,691.10

13,411,634.87

Fuquay Varina

                10.46

16.15

             4.72

            31.33

Garner

61.07

0.00

           25.07

               86.14

Holly Springs

0.00

0.00

0.00

0.00

Hopkins

34.33

0.00

15.14

0.00

Knightdale  (Alert)

                77.52

50.26

           30.87

             158.65

Morrisville

           5,236.24

0.00

      1,618.52

           6,854.76

Raleigh

0.00

0.00

0.00

0.00

Rolesville

317.46

0.00

         100.92

             418.38

Six Forks

0.00

0.00

0.00

0.00

Stoney Hill

0.00

0.00

0.00

0.00

Swift Creek

0.33

0.00

0.13

0.00

Wake Forest (Wakette)

236.15

0.00

98.33

334.48

Wake-New Hope

545.22

0.00

95.36

             640.58

Wendell

0.45

0.00

0.14

                 0.59

Zebulon  (Wakelon)

296.28

0.00

0.00

0.00

Total

 $11,980,546.52

$ 1,425,746.66

 $  14,807.83

$13,421,101.01