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Real Property Assessment Division certifies 2025 net taxable values; shows 4,200 tax‑credit applicants

2304485 · February 12, 2025
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Summary

Real Property Assessment Administrator Steven Takara certified the city’s net taxable valuations and delivered statutory reports to the committee, including a table of net taxable property and a separate report for leased government lands; staff also reported 4,200 applications for the city’s tax‑credit program totaling about $8.4 million.

Steven Takara, Real Property Assessment Administrator, briefed the Budget Committee on the 2025 certification of real‑property assessments and delivered the assessment list and statutory certification documents required by ordinance.

Takara noted the assessment list — a multi‑thousand page record identifying parcels, tax map keys and classification codes — was delivered…

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