Financial Activity and Condition Taxpayer Summary
Property Values and Taxes
The equalized value for WCTC's property
tax base has increased more than 39% over the last five
years from $29,393,993,634 in 2001 to $41,071,574,348
in 2005.
How the 2005 Property Tax Dollar was Spent
Property Tax Rates per $1,000
of Equalized Valuation
The total tax rate was $1.26 in 2005, and
the five-year average was $1.38. The operational rate was
$1.04 in 2005 and the five-year average was $1.13. The debt
service rate was $.22 in 2005, and the five-year average was
$.24. The higher debt service rate starting in 2000 is due
to the passing of the $26.3 million referendum.
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