The following graph shows the historical growth in property value in the past 5-years and projected growth in value in the future. Conservatively estimated, growth in the next five years is estimated at 1.84% annually.
Total Property Tax Levied
$45,000,000
$40,000,000
$35,000,000
$30,000,000
$25,000,000
$20,000,000
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
3.2 Non-PropertyTaxRevenues:
Non property tax revenues include sales tax, utility franchise tax and hotel tax. Revenue from Non-Property tax sources have grown from $14.5M in FY2017 to $19.5M in FY2021. The following chart shows the historical data in the past five years and projected future revenues for Non-Property tax. Revenues are projected to grow by an average of 4% annually for the next five years .
Non-Property Taxes Collected
$24,000,000
$22,000,000
$20,000,000
$18,000,000
$16,000,000
$14,000,000
$12,000,000
$10,000,000
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
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