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<br />growth in the assessed valuation of taxable property within the City is due to new construction, the inflationary growth of 2% pursuant to Proposition 13 and restorations of assessed values
<br />pursuant to Proposition 8.
<br /> TABLE 11
<br />CITY OF SAN LEANDRO ASSESSED VALUATIONS OF ALL TAXABLE PROPERTY
<br />Fiscal Years 2014-15 to 2018-19
<br />
<br />Fiscal Year Local Secured Utility Unsecured Total
<br />2014-15 $10,011,123,526 $1,723,832 $511,551,553 $10,524,398,911
<br />2015-16 10,734,224,785 1,723,832 559,883,879 11,295,832,496
<br />2016-17 11,199,815,366 1,723,832 593,924,565 11,795,463,763
<br />2017-18 11,910,523,775 2,702,056 602,888,515 12,516,114,346
<br />2018-19 12,593,779,881 2,702,056 719,092,919 13,315,574,856
<br />Source: California Municipal Statistics, Inc. Secured Tax Charges and Delinquencies. The property tax levies and collections for
<br />the City for the past ten fiscal years are shown in the following table.
<br /> TABLE 12
<br />CITY OF SAN LEANDRO SECURED TAX CHARGES AND DELINQUENCIES
<br />Fiscal Years 2008-09 to 2017-18
<br />
<br />Fiscal Year
<br />Secured Tax
<br />Charge (1)
<br />Amount Delinquent
<br />June 30
<br />% Delinquent
<br />June 30
<br />2008–09 $9,555,160.41 $507,107.46 5.31%
<br />2009–10 8,999,348.58 332,900.68 3.70
<br />2010–11 8,922,553.12 253,788.84 2.84
<br />2011–12 8,765,781.78 214,515.27 2.45
<br />2012–13 9,246,638.00 159,137.29 1.72
<br />2013–14 9,804,644.71 132,465.17 1.35
<br />2014–15 9,712,698.09 123,936.66 1.28
<br />2015–16 10,354,043.09 157,769.88 1.52
<br />2016-17 10,849,639.74 143,991.00 1.33
<br />2017-18 11,579,552.22 123,950.05 1.07 (1) 1% General Fund apportionment.
<br />Source: California Municipal Statistics, Inc. Alternative Method of Tax Apportionment. The Board of Supervisors of the County
<br />has not approved the implementation of the Alternative Method of Distribution of Tax Levies and Collections and of Tax Sale Proceeds (the “Teeter Plan”); therefore, the City’s property tax collections reflect actual delinquencies, plus penalties collected for prior year’s delinquencies.
<br /> Property Tax Rates. The following table shows the property tax rates within the City for fiscal years 2014-15 through 2018-19.
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