Page 134 - 2019-20 CAFR
P. 134
Rogue Community College
Property Tax Levies and Collections ‐ Debt Service Fund
Last Ten Fiscal Years ‐ (unaudited)
2019‐20 2018‐19 2017‐18 2016‐17
Debt Service Fund
Levy extended by assessor $ 3,687,558 $ 3,309,433 $ 3,477,816 $ 3,418,548
Property taxes receivable:
Current year collections 3,475,415 3,124,398 3,295,110 3,236,665
Percentage of levy 94.25% 94.41% 94.75% 94.68%
Tax roll adjustments and discounts (133,225) (110,923) (103,750) (92,637)
Tax receivable ‐ initial year of levy 78,918 74,112 78,956 89,246
Total taxes receivable beginning of year 189,397 184,820 167,975 126,691
Changes in taxes receivable:
Prior year receivable collections (72,360) (67,544) (60,790) (47,129)
Tax roll adjustments and discounts (3,603) (1,991) (1,321) (833)
Total taxes receivable end of year 192,352 189,397 184,820 167,975
Interest 17,822 14,896 12,648 10,734
Other payments received in lieu of taxes 0 9,129 155 2,126
Total received by College $ 3,547,775 $ 3,215,967 $ 3,368,703 $ 3,296,654
Tax levy rate (per $1,000 assessed value) $ 0 $ 0.1393 $ 0.1524 $ 0.1563
Total collections in subsequent years $ N/A $ 39,093 $ 58,122 $ 70,317
Total collections to date $ 3,475,415 $ 3,163,491 $ 3,353,232 $ 3,306,982
Percentage of levy collected 94.25% 95.59% 96.42% 96.74%
Source: Rogue Community College Budget and Financial Services Department.
121
