Did you ever wonder what the total taxable assessed value of property is in the city? This number is important as it is the basis upon which property tax revenues are generated.
According to the the Sullivan County Tax Assessor, the amount is $660,383,000.
And how does it break down by category you ask? Commercial and industrial property is $286.8 million; residential property is $280.5 million; personal property is $66.9 million; public utility property is $16.6 million; and other real property is $9.4 million.
Of course the assessed value is just a fraction of the actual value of the property - an amount established at $2.13 billion.
So we have $2.13 billion in improvements in Bristol - sounds about right doesn't it.
