TOWNSHIP OF JACKSON NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2017

Note 3. Property Taxes (continued)

Assessed Valuation

Year Amount

2017 $ 6,729,001,558.00

2016 6,687,122,747.00

2015 6,669,174,480.00

Comparison of Tax Levies and Collections

Year Tax Levy Cash Collections Percentage Of Collection

2017 $ 156,848,375.95 $ 154,686,163.07 98.62%

2016 153,289,434.50 151,261,683.46 98.67%

2015 149,966,664.00 147,776,001.00 98.53%

Delinquent Taxes and Tax Title Liens

2017 $ 2,995,943.38 $ 1,732,507.60 $ 4,728,450.98 3.01%

Year Tax Title Liens Delinquent Taxes Total Delinquent Percentage Of Tax Levy

2016 2,737,303.00 1,777,235.27 4,514,538.27 2.95%

2015 2,557,868.00 1,841,604.96 4,399,472.96 2.93%

Number of Tax Title Liens

Year Number

2017 163

2016 155

2015 149

The last tax sale was held on October 4, 2017.

Note 4. Property Acquired By Tax Title Lien Liquidation

The value of properties acquired by liquidation of tax title liens based on the last assessed valuation of such properties as of December 31, was as follows:

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