2013-2014 budget - City of Syracuse

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COMPUTATION OF CONSTITUTIONAL TAXING POWER
For Assessment Rolls Total Assessed Valuation Special State Full Valuation of
Completed in Year of Taxable Real Estate Equalization Ratio Taxable Real Estate
2009/2010 $3,651,668,347 83.60% $4,368,024,339
2010/2011 $3,696,960,379 84.99% $4,349,876,902
2011/2012 $3,693,049,305 84.46% $4,372,542,393
2012/2013 $3,723,194,634 82.90% $4,491,187,737
2013/2014 $3,714,927,989 81.85% $4,538,702,491
Total Full Valuation $22,120,333,862
Five-Year Average Full Valuation $4,424,066,772
Two Percent Five-Year Average Full Valuation $88,481,335
Net Debt and Capital Exclusions
City $24,873,652
School District $10,697,695
Total Exclusions $35,571,347
Maximum Taxing Power $124,052,682
Tax Levy
City $33,458,318
School District $64,474,433
Combined Tax Levy $97,932,751
CONSTITUTIONAL TAX MARGIN $26,119,931