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<br />TABLE 3b
<br />SUCCESSOR AGENCY TO THE
<br />REDEVELOPMENT AGENCY OF THE CITY OF SAN LEANDRO
<br />West San Leandro/MacArthur Boulevard Project Area
<br />Land Use by Net Taxable Secured Assessed Value
<br />Fiscal Year 2014-15
<br />Category
<br />Secured Assessed
<br />Valuation(1)
<br />% of Total
<br />Secured
<br />Valuation
<br />Number of
<br />Parcels
<br />% of Total
<br />Number of
<br />Parcels
<br />Commercial $77,278,485 7.6% 98 16.1%
<br />Industrial 907,386,531 89.1 314 51.6
<br />Single-Family Residential 8,047,745 0.8 23 3.8
<br />Condominiums - 0.0 - 0.0
<br />Other Residential 7,708,592 0.8 18 3.0
<br />Vacant 16,237,211 1.6 42 6.9
<br />Other 2,091,899 0.2 114 18.7
<br />Total 1,018,750,463 100.0 609 100.0
<br />
<br />(1) Net of Homeowner Exemptions. These exemptions are restored by the County Auditor-Controller prior to disbursement of
<br />tax increment to the Redevelopment Property Tax Trust Fund.
<br />Source: County Assessor; Urban Analytics, LLC.
<br />
<br />Summary of Assessed Value History in the Project Areas
<br />
<br />General. Taxable values are prepared and reported by the County Auditor-Controller
<br />each fiscal year and represent the aggregation of all locally assessed properties that are part of
<br />the Project Areas. The assessments are assigned to Tax Rate Areas, which have the same
<br />boundaries as the Project Areas.
<br />
<br />The Project Areas in the Aggregate. The Fiscal Consultant reviewed the historic
<br />reported taxable values for the Project Areas to ascertain the rate of taxable property valuation
<br />growth over the 5 most recent fiscal years beginning with fiscal year 2010-11. Assessed values
<br />within the Project Areas have increased steadily since fiscal year 2010-11, with increases in
<br />fiscal year 2010-11 of 0.58%, fiscal year 2011-12 of 3.06%, fiscal year 2012-13 of 2.27%, fiscal
<br />year 2013-14 of 1.37% and fiscal year 2014-15 of 7.36%. The growth in fiscal year 2014-15
<br />was attributed primarily to an increase in the West San Leandro/MacArthur Boulevard Project
<br />Area, which posted an increase in assessed valuation of $79.4 million. The following table
<br />summarizes the taxable values for the Project Areas for the current and past 9 fiscal years:
<br />
<br />Fiscal Year Total Assessed Value % Change
<br />2005-06 $1,105,915,073
<br />2006-07 1,189,154,465 7.53%
<br />2007-08 1,217,164,713 2.36
<br />2008-09 1,287,494,345 5.78
<br />2009-10 1,343,801,569 4.37
<br />2010-11 1,351,619,469 0.58
<br />2011-12 1,393,020,148 3.06
<br />2012-13 1,424,585,855 2.27
<br />2013-14 1,444,034,606 1.37
<br />2014-15 1,550,310,190 7.36
<br />
<br />Source: County Assessor; Urban Analytics, LLC.
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