TOWNSHIP OF JACKSON
NOTES TO FINANCIAL STATEMENTS
FOR THE YEAR ENDED DECEMBER 31, 2019
The following is a three-year comparison of certain statistical information relative to property taxes and property tax collections for the current and previous two years.
| 2019 | 2018 | 2017 |
|---|
| Tax Rate | $ 2.342 | $ 2.283 | $ 2.227 |
|---|
| Apportionment of Tax Rate: | | | |
|---|
| Municipal | 0.486 | 0.478 | 0.473 |
|---|
| Municipal Open Space | 0.020 | 0.020 | 0.020 |
|---|
| County General | 0.463 | 0.454 | 0.431 |
|---|
| Local School | 1.373 | 1.331 | 1.303 |
|---|
Assessed Valuation
| Year | Amount |
|---|
| 2019 | $ 6,789,618,746.00 |
| 2018 | 6,761,719,027.00 |
| 2017 | 6,729,001,558.00 |
Comparison of Tax Levies and Collections
| Year | Cash | Percentage Of Collection |
|---|
| Tax Levy | Collections |
| 2019 | $ 166,803,053.60 | $ 164,494,354.24 | 98.61% |
| 2018 | 161,192,721.46 | 158,928,545.16 | 98.59% |
| 2017 | 156,848,375.95 | 154,686,163.07 | 98.62% |
Delinquent Taxes and Tax Title Liens
| Year | Tax Title
Lions | Delinquent
Taxes | Total
Delinquent | Percentage Of
Tax Levy |
|---|
| 2019 | $ 3,617,525.11 | $ 1,852,829.52 | $ 5,470,354.63 | 3.28% |
| 2018 | 3,357,833.01 | 1,814,819.70 | 5,172,652.71 | 3.21% |
| 2017 | 2,995,943.38 | 1,732,507.60 | 4,728,450.98 | 3.01% |
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