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149

City of Raleigh

Statistical Section

PRINCIPAL PROPERTY TAXPAYERS

CURRENT YEAR AND NINE YEARS AGO

(amounts expressed in thousands)

Taxpayer

Taxable

Assessed

Value

Rank

Percentage of

Total Taxable

Assessed Value

Taxable

Assessed

Value

Rank

Percentage of

Total Taxable

Assessed Value

Highwoods Realty LP

397,089

$

1

0.74%

-

$

-

Duke Energy Progress, Inc.

358,077

2

0.67%

325,807

1

0.97%

CVM Holdings LLC

334,550

3

0.62%

173,086

2

0.51%

First Citizens Bank & Trust Co.

181,188

4

0.34%

116,848

5

0.35%

Triangle Town Center LLC

173,177

5

0.32%

108,950

7

0.32%

State Employees Credit Union

146,628

6

0.27%

-

-

North Hills Owner LLC

132,912

7

0.25%

-

-

Highwoods DLF Forum LLC

116,825

8

0.22%

-

-

150 Fayetteville TIC Owner LLC

110,377

9

0.21%

-

-

Raleigh Portfolio NW LLC

101,601 10

0.19%

-

-

Bellsouth Telephone

-

-

149,245

3

0.44%

UDRT of North Carolina

-

-

125,875

4

0.37%

NHM Owner-1 LLC

-

-

112,410

6

0.33%

Parker Raleigh Development

-

-

106,297

8

0.32%

Summit Properties

-

-

81,575

9

0.24%

Prudential Insurance

-

-

78,842

10

0.23%

Totals

2,052,424

$

3.83%

1,378,935

$

4.08%

Note:

Above taxable assessed valuations are as of January

1, 2015

and

2006

respectively, and the associated tax levies

were due in the fiscal years ended June

30, 2016

and

2007

respectively.

Source:

Wake County website, Statistics and Reports and

2007

City of Raleigh CAFR.

2016

2007