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PENDING APPEALS IMPACT PROJECTIONS
<br />THE CITY OF PLEASANTON
<br />Potential AV Loss Based On Prior Success Rates On Current Average Appeals
<br />Entire City Appeals History:
<br />Pending
<br />Appeals
<br />Resolved
<br />Appeals
<br />Total
<br />Appeals
<br />Successful
<br />Appeals
<br />Lien
<br />Year
<br />Successful
<br />Orig Value
<br />Successful Appeal
<br />Value Loss
<br />Success
<br />Rate Loss Rate
<br />2019/20 5 55.00%65 60 33 $716,133,679 $50,955,581 7.12%
<br />2020/21 14 48.60%121 107 52 $869,072,799 $83,160,076 9.57%
<br />2021/22 21 68.75%69 48 33 $907,491,726 $82,978,744 9.14%
<br />2022/23 40 56.82%84 44 25 $714,010,870 $120,661,825 16.90%
<br />2023/24 128 26.79%184 56 15 $241,001,168 $51,429,900 21.34%
<br />2024/25 0 0.00%[0]*[0]*[0]*[$0]*[$0]*0.00%
<br />$3,447,710,242 523 $389,186,126Totals: 208 315 158 50.16%11.29%
<br />*Years with less than 10% resolved appeals or no successful appeals are not included in history totals.
<br />Entire City Pending Appeals Impact Projection Based On Annual Experience:
<br />Projected AV
<br />Loss
<br />Prior
<br />Loss
<br />Avg. Appeal
<br />Value
<br />Prior
<br />Successful
<br />Lien
<br />Year
<br />Pending
<br />Appeals
<br />Projected
<br />Revenue Loss
<br />Avg. Tax
<br />Rate
<br />2019/20 5 $13,402,017 $2,622,41055.00%7.12%$6,6820.254805
<br />2020/21 14 $17,406,157 $11,332,06948.60%9.57%$28,8750.254805
<br />2021/22 21 $37,580,637 $49,611,26668.75%9.14%$126,4120.254805
<br />2022/23 40 $21,211,746 $81,468,32856.82%16.90%$207,5850.254805
<br />2023/24 128 $20,022,573 $146,497,30026.79%21.34%$373,2820.254805
<br />2024/25 0 $0 $050.16%*11.29%*$00.254805
<br />$21,101,874**Totals: 208 $742,835$291,531,374
<br />*Years with less than 10% resolved appeals or no successful appeals are not included in history totals.
<br />**Combined Average value per appeal is based on 523 appeals in the years 2019/20 to 2024/25 with a total value of $11,036,280,162
<br />Average Rate and Projected Revenue Loss reflect Prop 13 1% revenue for all non-redevelopment-related agencies known to be associated with Pleasanton
<br />This report is not to be used in support of debt issuance or continuing disclosure statements without the written consent of HdL, Coren & Cone
<br />Prepared On 12/19/2024 By MV Data Source: Alameda County Assessor Combined Tax Rolls & Most Recent Appeals Roll
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