2003 Abstract Report On
Assessments, Exemptions and Ad Valorem Taxes on Municipalities
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MUNICIPAL      MUNICIPAL       MUNICIPAL         MUNICIPAL 
     BESSEMER     BESSEMER IDB     BIRMINGHAM    BHAM TAX ABATE 
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 ASSESSED VALUE   ASSESSED VALUE    ASSESSED VALUE    ASSESSED VALUE 
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CLASS I PROPERTY
 1 Other Public Utility Property............................. 14,542,700 0 219,160,840 0
 2 Total Class I........................................................ 14,542,700 0 219,160,840 0
= = = = =
CLASS II PROPERTY(excluding motor vehicles)
 3 Airline and Railroad Property............................ 834,340 0 30,270,280 0
 4 Real Property...................................................... 157,964,435 6,659,138 1,644,536,661 17,445,951
 5 Personal Property............................................... 38,542,712 2,990,100 440,689,975 24,158,468
 6 Total Class II....................................................... 197,341,487 9,649,238 2,115,496,916 41,604,419
 7 Abatements......................................................... 0 0 0 0
 8 Industrial Exemptions......................................... 0 0 0 0
 9 Other Exemptions............................................... 56,540,513 0 654,198,657 0
 10 Total Class II Less Exemptions.......................... 140,800,974 9,649,238 1,461,298,259 41,604,419
= = = = =
CLASS III PROPERTY
11 Assessment-Current Use................................... 869,961 0 659,296 0
12 Assessment-Other.............................................. 43,457,628 0 418,416,251 0
13 Total Class III..................................................... 44,327,589 0 419,075,547 0
14 Homestead Exemptions...................................... 8,955,274 0 87,592,538 0
         #1 (State:$4,000)(County:$2,000)................ 0 0 0 0
         #2 (State:Total)(County:$5,000).................. 0 0 0 0
         #3 (Principal Residence)................................ 8,955,274 0 87,592,538 0
         #4 (State: Total)(County:$2,000).................. 0 0 0 0
15 Total Class III Less Exemptions........................ 35,372,315 0 331,483,009 0
= = = = =
16 Penalties.............................................................. 325,646 3,150 2,754,565 225,464
= = = = =
17 Total Assessed Value 256,537,422 9,652,388 2,756,487,868 41,829,883
= = = = =
18 Total Net Assessed Value 191,041,634 9,652,388 2,014,696,673 41,829,883
= = = = =
19 TOTAL NET TAXES DUE................................ $6,705,561.37 $122,585.33 $57,418,855.18 $409,932.91
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