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ASSESSED VALUE COMPARISON Henderson continues to focus its efforts on recruiting new businesses, strengthening existing businesses, and diversifying the local economy. This includes maintaining a pro-business climate and recruiting a select list of target industries including medical, industrial, financial, educational, and administrative offices, each of which create job opportunities for our residents. A comparison of commercial, industrial, and residential assessed value shows that although residential land uses represent by far the highest percent of land use, the city has maintained a balance in land uses through attracting new commercial and industrial development projects. 22 PROPERTY TAX RATE COMPARISON For Fiscal Year 2015, Henderson’s city property tax rate continues to be $.71 per $100 in assessed valuation. Henderson has maintained the same property tax rate for the past 23 years and continues to have one of the lowest rates in the Las Vegas metropolitan area and in Nevada. 1.2 1.0 0.8 0.6 0.4 Assessed Value Comparison - Land Use 8,074,132,497 Residential 489,313,955 Industrial 4,313,348,929 Commercial 6,783,755,835 Vacant/Misc. Property Tax Rate 0.2 0.71 1.06 1.16 0.96 BUSINESS & REAL ESTATE | VALUE


15-281861_EDO_e-mag
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