EXHIBIT 9-F |
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MONTEREY PENINSULA
WATER MANAGEMENT DISTRICT |
Property Taxes Lost
to State (Educational Revenue Augmentation Fund) |
Fiscal Years
1998-1999 to 2003-2004 |
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Taxes |
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Fiscal
Year |
Received |
Taxes Lost |
Total Taxes |
Percent Lost |
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1992-1993 |
503,717 |
296,000 |
799,717 |
37.0% |
1993-1994 |
539,646 |
317,000 |
856,646 |
37.0% |
1994-1995 |
570,854 |
335,000 |
905,854 |
37.0% |
1995-1996 |
573,508 |
337,000 |
910,508 |
37.0% |
1996-1997 |
573,299 |
336,000 |
909,299 |
37.0% |
1997-1998 |
536,821 |
315,000 |
851,821 |
37.0% |
1998-1999 |
657,582 |
382,088 |
1,039,670 |
36.8% |
1999-2000 |
698,352 |
416,984 |
1,115,336 |
37.4% |
2000-2001 |
783,275 |
458,198 |
1,241,473 |
36.9% |
2001-2002 |
849,290 |
511,949 |
1,361,239 |
37.6% |
2002-2003 |
936,689 |
552,690 |
1,489,379 |
37.1% |
2003-2004 |
1,016,863 |
597,205 |
1,614,068 |
37.0% |
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8,239,896 |
4,855,114 |
13,095,010
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Potential
2004-2005 additional loss per CSDA Weekly Legislative Update dated 1/9/04 |
is 25% of amount currently lost (2003-2004
taxes lost + 8% increase) = |
$161,245 |
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Note: Taxes lost 1992-1993 through 1997-1998
estimated based on taxes received |
Taxes lost 1998-1999 through
2003-2004 obtained from Monterey County |
Taxes received 2003-2004 estimated
based on taxes to be lost |
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erafshift |
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02/09/04 |
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