athens tn acfr fy2020

Machine-read OCR text; verify every number, name, and layout against the original page.

Fiscal

2011
2012
2013 (1)
2014
2015
2016
2017
2018 (1)
2019
2020

Real

297,938,950
292,970,485
290,338,620
300,454,640
301,608,970
307,557,565
342,899,510
359,859,615
354,793,495

Personal

$ 97,604,734

88,125,866
83,197,188
85,473,263
99,320,541
104,469,997
104,159,884
119,882,970
148,380,544
148,130,932

CITY OF ATHENS, TENNESSEE

LAST TEN FISCAL YEARS

June 30, 2020

Public Utility Total Taxable

$ 7,867,087
6,984,848
8,204,116
7,053,398
8,479,395
8,847,818
8,626,091
9,066,486
7,977,436
8,276,948

Data Source: McMinn County Tax Assessor’s Office

(1) Reappraisal

Assessed Value

$ 291,508,161 $ 396,979,982

393,049,664
384,371,789
382,865,281
408,254,576
414,926,785
420,343,540
471,848,966
516,217,595
511,201,375

- 125 -

Estimated
Market Value

$ 1,263,211,877
1,237,942,071
1,205,548,537
1,204,540,874
1,289,031,476
1,310,260,486
1,324,491,242
1,488,482,543
1,621,870,015
1,681,302,672

ASSESSED AND ESTIMATED ACTUAL VALUE OF TAXABLE PROPERTY

City Property

Tax Rate

1.1147
1.1147
1.1328
1.1328
1.4770
1.3628
1.3628
1.2676
1.2676
1.2676

Table 5

Taxable Assessed
Value as a % of

Actual Taxable Value

31.4%
31.8
31.9
31.8
31.7
31.7
31.7
31.7
31.8
30.4