TOWNSHIP OF JACKSON NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 2019

Note 3. Property Taxes

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.

201920182017
Tax Rate$ 2.342$ 2.283$ 2.227
Apportionment of Tax Rate:
Municipal0.4860.4780.473
Municipal Open Space0.0200.0200.020
County General0.4630.4540.431
Local School1.3731.3311.303

Assessed Valuation

YearAmount
2019$ 6,789,618,746.00
20186,761,719,027.00
20176,729,001,558.00

Comparison of Tax Levies and Collections

YearCashPercentage Of Collection
Tax LevyCollections
2019$ 166,803,053.60$ 164,494,354.2498.61%
2018161,192,721.46158,928,545.1698.59%
2017156,848,375.95154,686,163.0798.62%

Delinquent Taxes and Tax Title Liens

YearTax Title LionsDelinquent TaxesTotal DelinquentPercentage Of Tax Levy
2019$ 3,617,525.11$ 1,852,829.52$ 5,470,354.633.28%
20183,357,833.011,814,819.705,172,652.713.21%
20172,995,943.381,732,507.604,728,450.983.01%

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