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147

City of Raleigh

Statistical Section

ASSESSED VALUE OF TAXABLE PROPERTY

LAST TEN FISCAL YEARS

(in thousands of dollars)

Fiscal

Year

Real

Property

Personal

Property

Corporate

Excess

Total Taxable

Assessed

Value

Property

Tax Rate

(Per $100

Assessed

Value)

2007

27,737,471

$

5,161,031

$

714,511

$

33,613,013

$

0.4350

2008

29,059,934

5,442,892

606,352

35,109,178

0.4350

2009

42,825,483

5,478,583

740,108

49,044,174

(1)

0.3735

2010

43,901,186

5,303,143

687,150

49,891,479

0.3735

2011

44,147,844

5,260,838

654,892

50,063,574

0.3735

2012

44,414,047

5,467,141

659,756

50,540,944

0.3735

2013

44,786,140

5,752,586

655,403

51,194,129

0.3826

2014

45,123,087

6,855,399

719,248

52,697,734

0.3826

2015

45,837,276

6,170,996

717,557

52,725,829

0.4038

2016

46,568,861

6,350,280

806,368

53,725,509

0.4210

Notes:

(1)

Increase due to revaluation of property every eight years.

This schedule does not include valuations on property owned by the State of North Carolina,

United States Government, charitable institutions, etc., not subject to taxation.

Assessed valuations are established at

100%

of estimated market value for real property and

100%

of actual value for personal property.

Source:

Wake County Tax Administrator

147