Finance Facts

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  • Out of 33 counties - San Juan County continues to have the second lowest mil rate in the state at 8.5 mill.
  • Counties are required to maintain a cash balance reserve of 3/12th (25%) of budgeted expenditures in the General Fund. A 1/12th
    (8.33%) reserve is required for the Road Fund.
  • Tax Year 2017 Assessed Valuation (excludes Assessor protested values): $3,540,376,687.
  • General Obligation (G.O.) bonding capacity: (4% of assessed value): $146,615,067.
  • NO G.O. bond debt outstanding. The last G.O. Bond issued was in 1980 for $4 million to construct the County Detention Center.
  • Outstanding Debt: $47,560,000 as of June 30, 2017.
 
Revenues:
Property Taxes

Operational Mil Levy (property taxes):

               Residential: 6.545 mils out of an allowable 11.85

                Non-Residential: 8.5 mils

Payment In Lieu of Taxes (PILT) Funding:

                Generated $2,272,465 in FY2017

      lowest tax rate
 (There are several tools available to calculate your property tax - this is an example)    
Gross Receipts Tax
Gross Receipts Taxes - (GRT) Rate as of January 1, 2018 is 6.5625%
GRT Taxes imposed within only the unincorporated areas of the County as of January 1, 2018 - .375%
GRT Taxes imposed within the municipalities and unincorporated areas of the County as of January 1, 2018 - 1.4375%
 
  • 1/16% (.0625) General Operations (county-wide)
  • 1/8%  (.1250) General Operations (county-wide)
  • 1/8%  (.1250) Indigent Fund (county-wide)
  • 1/4%  (.2500) Fire Protection (unincorporated area of the county)
  • 1/8%  (.1250) Environmental (unincorporated area of the county)
  • 1/8% (.1250) General Operations dedicated to Juvenile & Adult Detention Centers (county-wide)
  • 1/8%  (.1250) Correctional (county-wide)
  • 3/16% (.1875) Communication/EMS (county-wide)
  • 1/16% (.0625) County Health Care (county-wide)
  • 1/4%   (.2500) County Hold Harmless (county-wide)
   
San Juan County historically received the majority of its revenues from property taxes assessed only on property owners within San Juan County.
In response to County's legislative requests to the State to fund "unfunded" mandates, the State gave counties a mechanism to raise revenues to
meet those needs - gross receipts taxing authority.San Juan County chose to implement gross receipts taxes to relieve the burden on the property
owner and spread the taxes equitably among all citizens and visitors to San Juan County.
   
     

Expenditures:

FY 17-18 General Fund Expenditure Budget: $29,661,713

FY 17-18 Total Expenditure Budget: $132,420,545