Fiscal
The Director
AssignmentResourcePropertyTaxRevenues.xlsProperty Taxes
| Property Tax Revenues | ||||||
| 2018 | 2019 | 2020 | Warning Trends: | |||
| Property Tax Revenues* | $800,826 | $834,342 | $954,121 | Decline in property tax revenues | ||
| Property Tax Revenue (in 2020 dollars) | $834,002 | $855,529 | $954,121 | |||
| Formula: | ||||||
| Property tax revenues (in constant dollars) | ||||||
| SUMMARY: | ||||||
| Propety tax revenues are conditioned on ownership | ||||||
| of property and measured by its assessed value. The | ||||||
| warning trend suggests that a decline in property tax | ||||||
| would be harmful to a city's operation. Maumelle's | ||||||
| property tax revenues have been increasing every | ||||||
| year. The pattern of increasing property tax revenues | ||||||
| should continue in future years due to growth and | ||||||
| Maumelle establishing a charter school. | ||||||
| * Real and Personal Property Taxes |
Property Taxes
Property Tax Revenue (in 2020 Dollars)
