2002-2003 Tax Levy
This report summarizes 2002 billing activity through the June billing. All tax amounts shown on this report are totals that include rounding (up or down) on fractions of cents in the computation of individual tax bills.
|
|
Actual |
Projected |
|
|
|
|
|
No. of Tax Bills |
902,977 |
902,977 |
|
|
|
|
|
Real Property Value |
51,858,523,059 |
51,858,523,059 |
|
Personal Property Value |
4,330,287,449 |
4,330,287,449 |
|
Public Service Value |
4,074,884,981 |
4,074,884,981 |
|
Prior Vehicle Value |
2,217,367,531 |
2,217,312,971 |
|
2002 Vehicle Value (For 02) |
3,973,789,070 |
3,974,011,145 |
|
Total Value |
66,454,852,090 |
66,455,019,605 |
|
|
|
|
|
Real and Personal Property Tax |
316,962,979.52 |
316,962,979.52 |
|
Public Service Property Tax |
20,156,025.08 |
20,156,025.08 |
|
Prior Vehicle Tax |
12,384,001.11 |
12,383,693.39 |
|
2002 Vehicle Tax (For 02) |
22,681,096.53 |
22,680,011.79 |
|
Total Property Tax |
372,184,102.24 |
372,182,709.78 |
|
|
|
|
|
Late List Penalty |
554,418.04 |
554,418.04 |
|
Vehicle Interest |
0.00 |
0.00 |
|
Subtotal |
372,738,520.28 |
372,737,127.82 |
|
Rebates |
(2,532,262.54) |
(2,450,500.00) |
|
Adjusted Levy |
370,206,257.74 |
370,286,627.82 |
|
|
|
|
|
Tax @ 98% Collected |
362,802,132.59 |
362,880,895.26 |
|
|
|
|
|
Fire Tax |
15,310,206.46 |
15,310,127.45 |
|
Fire Tax Late List |
14,127.97 |
14,127.97 |
|
RTP Special District |
98,473.65 |
98,473.65 |
|
RTP Late List |
84.25 |
84.25 |
|
Recycle Fee |
5,605,890.50 |
5,605,890.50 |
|
|
|
|
|
Grand Total |
$383,830,915.42 |
$383,909,599.08 |
|
|
|
|
DEFERRED TAX FOR 2002-2003
|
|
# of Bills |
Property Value |
Property Tax |
Fire Tax |
Total Deferred Tax |
|
Farm Land |
3,852 |
1,148,850,446 |
6,478,516.49 |
1,057,195.99 |
7,536,712.48 |
|
Historic |
148 |
36,446,768 |
205,559.91 |
2,408.48 |
207,968.39 |
|
|
|
|
|
|
|
|
Total |
4,000 |
1,185,297,214 |
6,685,076.40 |
1,059,604.47 |
7,744,680.87 |
TAX RELIEF FOR 2002-2003
|
|
# of Bills |
Property Value |
Property Tax |
Fire Tax |
Total Tax Relief |
|
Elderly |
1,723 |
85,022,253 |
362,991.68 |
20,691.68 |
383,683.36 |
|
Veteran |
4 |
266,000 |
857.28 |
114.00 |
971.28 |
|
|
|
|
|
|
|
|
Total |
1,727 |
85,288,253 |
363,848.96 |
20,805.68 |
384,654.64 |
COUNTY VALUES WITH APPLICABLE RATES USED IN DETERMINING PROPERTY TAX
|
Rate Year/Prop Type/Year For |
Property Value |
Rate |
Tax |
|
1996 Real and Personal |
186,843 |
0.6300 |
1,177.11 |
|
1997 Real and Personal |
19,826,723 |
0.6300 |
124,908.33 |
|
1998 Real and Personal |
20,663,458 |
0.6300 |
130,179.81 |
|
1999 Real and Personal |
25,075,073 |
0.7300 |
183,048.02 |
|
2000 Real and Personal |
63,198,795 |
0.5640 |
356,441.12 |
|
2001 Real and Personal |
132,590,825 |
0.5640 |
743,488.90 |
|
2002 Real and Personal |
55,927,268,791 |
0.5640 |
315,423,736.23 |
|
2001 Public Service |
273,060 |
0.5640 |
1,082.65 |
|
2002 Public Service |
4,074,611,921 |
0.5640 |
20,154,942.43 |
|
1996 DMV (For 1997) |
17,930 |
0.6300 |
112.96 |
|
1997 DMV (For 1997) |
37,260 |
0.6300 |
155.95 |
|
1997 DMV (For 1998) |
5,310 |
0.6300 |
33.45 |
|
1998 DMV (For 1998) |
75,680 |
0.6300 |
476.79 |
|
1998 DMV (For 1999) |
19,300 |
0.6300 |
121.59 |
|
1999 DMV (For 1999) |
143,055 |
0.7300 |
1,044.32 |
|
1999 DMV (For 2000) |
327,510 |
0.7300 |
2,390.83 |
|
2000 DMV (For 2000) |
712,920 |
0.5640 |
4,032.28 |
|
2000 DMV (For 2001) |
2,326,050 |
0.5640 |
13,118.90 |
|
2001 DMV (For 2001) |
148,576,528 |
0.5640 |
713,047.68 |
|
2001 DMV (For 2002) |
2,065,125,988 |
0.5640 |
11,649,466.36 |
|
2002 DMV (For 2002) |
3,983,789,070 |
0.5640 |
22,681,096.53 |
|
|
|
|
|
|
Grand Total: |
66,454,852,090.00 |
|
372,184,102.24 |
|
|
|
|
|
|
FIRE TAX DISTRICT DETAILS |
|
|
|
Fire District |
Property Tax |
Vehicle Tax |
Late List |
Total Tax |
|
Alert |
7.01 |
0.00 |
3.53 |
10.54 |
|
Bayleaf |
3.50 |
0.00 |
1.40 |
4.90 |
|
Durham Hwy |
0.00 |
8.64 |
0.00 |
8.64 |
|
Falls |
14.66 |
0.00 |
5.86 |
20.52 |
|
Fire Tax Dist. |
13,632,525.72 |
1,675,752.90 |
13,723.24 |
15,322,001.86 |
|
Furina |
118.10 |
29.76 |
54.36 |
202.22 |
|
Garner |
189.75 |
0.00 |
17.18 |
206.93 |
|
Hipex |
375.70 |
0.00 |
206.69 |
582.39 |
|
Holly Springs |
243.13 |
0.00 |
0.00 |
243.13 |
|
Hopkins |
38.65 |
9.49 |
17.56 |
65.70 |
|
Rolesville |
51.06 |
0.00 |
17.52 |
68.58 |
|
Ten-Ten |
126.97 |
0.00 |
60.51 |
187.48 |
|
Wake New-Hope |
30.78 |
0.00 |
16.74 |
47.52 |
|
Wakelon |
3.80 |
0.00 |
2.09 |
5.89 |
|
Wendell-Holms |
676.84 |
0.00 |
1.29 |
678.13 |
|
|
|
|
|
|
|
Total |
13,634,405.67 |
1,675,800.79 |
14,127.97 |
15,324,334.43 |
|
|
|
|
|
|
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