NOTE: this file contains several worksheets Annual Revenue
FY2009 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Real Estate Tax 13,310,000 16,238,200 16,887,728 15,558,765 16,181,116 16,828,360 17,501,495 18,201,555 18,929,617 19,686,801 20,474,273 21,293,244 22,144,974 23,030,773
Fairfax County Estimate of Reston Assessed Value (Previous Definition of Small Tax District 5)
Percent of Total FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018
Total Assessed Value 12,100,000,000 14,762,000,000 15,352,480,000 14,144,331,915[1] 14,710,105,191 15,298,509,399 15,910,449,775 16,546,867,766 17,208,742,477 17,897,092,176 18,612,975,863 19,357,494,897 20,131,794,693 20,937,066,481
   Residential Property  65% 7,865,000,000 9,595,300,000 9,979,112,000 9,193,815,745 9,561,568,374 9,944,031,109 10,341,792,354 10,755,464,048 11,185,682,610 11,633,109,914 12,098,434,311 12,582,371,683 13,085,666,551 13,609,093,213
   Commercial Property 35% 5,112,250,000 6,236,945,000 6,486,422,800 5,975,980,234 6,215,019,443 6,463,620,221 6,722,165,030 6,991,051,631 7,270,693,696 7,561,521,444 7,863,982,302 8,178,541,594 8,505,683,258 8,845,910,588
Tax District #5 Real Estate Tax Annual Increase Factor 1.22 1.04 1.04 1.04 1.04 1.04 1.04 1.04 1.04 1.04 1.04 1.04 1.04
Real Estate Tax Rate 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011 0.0011
Fairfax County-wide 2006 Assessments (Basis of FY2007 Taxes)
Equalization  Growth Total
Value Increase Percent Value Increase Percent Value Increase Percent
Residential Properties  $29.18 B  20.57% $ 4.27 B  3.01% $33.45 B  23.58%
Non-Residential Properties  $ 6.15 B  16.64% $ .99 B  2.67% $ 7.14 B  19.31%
Total  $35.33 B  19.76% $ 5.26 B  2.94% $40.59 B  22.70%
Fairfax County-wide 2007 Assessments (Basis of FY2008 Taxes)
Equalization  Growth Total
Value Increase Percent Value Increase Percent Value Increase Percent
Residential Properties  -$0.57 B  -0.33%  $ 1.75 B  1.00% $ 1.18 B 0.67% 0.67%
Non-Residential Properties  $5.98 B  13.57% $ 1.93 B  4.38% $ 7.91 B  17.95%
Total  $5.41 B  2.47% $3.68 B  1.68% $ 9.10 B  4.15%
2005 Average Residential Assessment 2006 Average Residential Assessment Percent Change 2007 Average Residential Assessment Percent Change
Reston ZIP Codes 366,037 445,952 22.81% 433,864 -2.71%
Estimated Housing Units
RCC 2008 Est. Real Estate Tax Income $6,647,836
Tax Rate 0.00047
Estimated Value of Assessed Property $14,144,331,914.89

[1]
Mike Corrigan:
Reset to reflect the tax base computed from the RCC 2008 proposed budget