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Table 5
<br />Cabarrus County, North Carolin
<br />a
<br />Assessed Value and Actual Value of Taxable Propert
<br />y
<br />Last Ten Years
<br />Public Total County Total
<br />Fiscal Real Personal Service
<br />Assessed Direct Tax
<br />PropertyPropertyCompanies (2)alueRate (3)
<br />YearV
<br />2003$ 2,960,367,9578,290,673,831$ 237,380,457$ 11,488,422,245$ 0.56$
<br />20048,660,862,061 2,813,292,526 215,793,981 11,689,948,568 0.56
<br />2005 (1)10,969,232,437 2,788,181,358 237,231,648 13,994,645,443 0.53
<br />200611,554,183,728 2,946,103,615 237,558,497 14,737,845,840 0.63
<br />200712,162,097,563 2,912,297,937 260,410,470 15,334,805,970 0.6289
<br />200812,931,725,951 3,074,778,582 261,754,744 16,268,259,277 0.63
<br />2009 (1)17,454,001,994 3,137,459,615 280,507,618 20,871,969,227 0.63
<br />201018,048,592,567 3,003,442,173 277,653,397 21,329,688,137 0.63
<br />201118,223,093,062 2,751,158,382 271,487,306 21,245,738,750 0.63
<br />201218,049,710,020 2,668,575,911 285,837,655 21,004,123,586 0.63
<br />(1) Increase due to revaluation. Cabarrus County typically reassessed property every four years.
<br />(2) Public service companies valuations are provided to the County by the North Carolina Department of Revenue.
<br /> These amounts included both real and personal property.
<br />(3) Per $100 of value.
<br />132
<br />
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