Historical Look at Tax Rates

Historical Look at Tax Rates

TAX RATE                TOTAL ASSESSED PROPERTY*

FY 15…$16.64            $552,836,894

FY 14…$16.24            $540,623,505

FY 13…$14.12            $542,840,725

FY 12…$14.60            $581,356,554

FY 11…$12.55            $601,165,838

FY 10…$11.75            $616,456,474

FY 09…$10.20            $695,654,470

FY 08…$  9.20            $746,124,192

FY 07…$  8.54            $719,608,512

FY 06…$  9.44            $597,583,673

FY 05…$  9.91            $516,137,102

FY 04…$11.65            $446,029,338

FY 03…$13.68            $332,893,273

FY 02…$13.56            $323,055,018

Total Assessed Property :

Total Real Property + Total Personal Property

The tax rate is affected by new houses/development built, overrides and capital debt exclusions passed. Templeton has had a single tax rate for a very long time.

Many of the years with lower tax rates were subsidized by Free Cash and stabilization money – one time money to supplement ongoing operating costs. A truly BAD idea.