1999-2000 Tax Levy



This report covers 1999 billing through the fifth and final billing.  The fifth billing is complete and bills are dated June 2, 2000.  All tax amounts shown on this report are totals which include rounding (up or down) on fractions of cents in the computation of individual bills.

 

Actual

Projected

Number of Bills

803,028

802,514

Real Property Value

$29,470,677,149

$29,470,677,149

Personal Property Value

$3,746,580,326

$3,746,580,326

Public Service Value

$2,834,533,948

$2,834,533,948

Vehicle Value 96/97  (.63)

$402,608

-

Vehicle Value 97/98  (.63)

$3,828,148

-

Vehicle Value 98/99  (.63)

$1,834,501,788

$1,838,732,544

Total Value

$41,458,793,931

$41,458,793,931

 

Actual

Projected

Property Tax

$263,073,695.22

$263,073,695.55

Late List Penalty

$439,616.48

$439,616.48

Vehicle Tax 96/97  (.63)

$2,447.55

-

Vehicle Tax 97/98  (.63)

$23,039.11

-

Vehicle Tax 98/99  (.63)

$11,363,774.87

$11,389,261.53

Vehicle Tax 99/00  (.73)

$26,013,362.88

$26,013,362.88

Vehicle Interest

$471.94

$471.94

Sub Total

$300,916,408.38

$300,916,408.38

Tax @ 98% Collected

$294,898,080.21

$294,898,080.21

Rebates

{$2,110,378,81}

{$2,220,378.00}

Sub Total

$292,787,701.40

$292,677,702.21

Fire Tax

$8,834,733.23

$8,834,733.23

Fire Tax Late List

$12,478.51

$12,478.51

RTP District

$47,318.11

$47,318.11

RTP District Late List

$694.41

$694.41

RTP District

$47,318.11

$47,318.11

RTP District Late List

$694.41

$694.41

Recycle Fee

$3,992,208.00

$3,992,208.00

 

 

 

Total Tax

$305,675,134

$305,565,134.47



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

Year

Property Value

Rate

Tax

1988

$70,635

0.72

$508.57

1992

$77,894

0.66

$514.10

1993

$1,341,824

0.76

$10,197.88

1994

$4,288,647

0.76

$32,081.89

1993

$1,341,824

0.76

$10,197.88

1994

$4,288,647

0.76

$32,081.89

1995

$5,368,536

0.63

$33,158.62

1996

$10,429,044

0.63

$65,090.30

1997

$14,989,593

0.63

$91,246.34

1998

$49,143,220

0.63

$305,235.33

1999 Real Property

$29,462,920,580

0.73

$215,079,279.38

1999 Personal Property

$3,680,443,821

0.73

$26,850,544.45

Public Service Value

$2,822,717,629

0.73

$20,605,838.69

Vehicles 96/97

$402,608

0.63

$2,447.55

Vehicles 97/98

$3,828,148

0.63

$23,039.11

Vehicles 98/99

$1,834,501,788

0.63

$11,363,774.87

Vehicles 99/00

$3,568,269,964

0.73

$26,013,362.88

 

 

 

 

1999 Total

$41,373,084,538

 

$299,938,286.93

 

 

 

 

Grand Total

$41,458,793,931

 

$300,476,319.96

 

WAKE COUNTY DEFERRED LAND TAX FOR 1999-2000 (TAX LEVY TOTALS)

 

 

# of Bills

Property Value

Property Tax

Fire Tax

Special Dist

 

 

 

 

 

 

Farm Land

3978

$733,673,184

$5,355,685.62

$572,237.86

$0.00

Historic

138

$19,467,217

$142,110.69

$1,061.19

$0.00

 

 

 

 

 

 

Total

4,116

$753,140,401

$5,497,796.31

$573,299.05

$0.00

 

Fire District

Property Tax

Vehicle Tax

Late List

Total Tax

Apex

502.68

19,150.35

59.48

20,072.51

BayLeaf

511.14

41,376.37

0.81

41,888.32

Cary

78.59

7,489.83

1.38

7,569.80

Durham Highway

399.86

28,204.31

43.09

28,647.26

Fairgrounds

1,165.22

5,638.14

346.88

7,150.24

Fairview (Ten-Ten)

316.48

42,724.40

71.50

43,112.38

Falls

290.79

7,787.52

0

8,078.31

Fire Tax District

7,491,194.01

904,884.24

11,326.32

8,407,404.57

Fuquay Varina

330.03

39,718.34

50.07

40,098.44

Garner

1,346.38

43,242.47

280.03

44,868.88

Holly Springs

284.46

6,268.08

52.57

6,605.11

Hopkins

130.09

7,982.68

32.27

8,145.04

Knightdale (Alert)

616.44

40,803.97

48.96

41,469.37

Morrisville

159.06

5,187.65

55.39

5,402.10

Fire Tax District

-

0.50

-

0.50

Rolesville

46.54

16,902.25

9.31

16,958.10

Six Forks

49.95

9,485.06

11.28

9,546.29

Stoney Hill

78.63

12,003.92

12.04

12,094.59

Swift Creek

111.13

16,393.25

4.20

16,508.58

Wake - New Hope

167.90

40,502.20

27.93

40,698.03

Wake Forest

7.74

12,618.79

1.55

12,628.08

Wendell

159.59

17,468.22

26.34

17,654.15

Zebulon

149.09

10,444.89

17.11

10,611.09

Total

$7,498,095.80

$1,336,637.43

$12,478.51

$8,847,211.74