Property Tax History from 1985

AI Summary

This document presents a 38-year history of property tax rates and tax base values from fiscal year 1984-85 through 2022-23. The total property tax rate remained relatively stable, ranging from 49.18 cents per $100 valuation in 1984-85 to 74.58 cents in 2022-23, with fluctuations in the operations and maintenance (O&M) and debt service components. The property tax base value grew significantly over the period, increasing from approximately $40.7 billion in 1984-85 to $179.4 billion in 2022-23, with the most substantial single-year growth of 15.07% occurring in 2022-23.