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Kent SEV Tops 20B
Kent County Equalization Director David Jager reported that the total value of real and personal property across the county’s 30 jurisdictions reached $20.93 billion in 2004, up from $19.92 billion in 2003.
Jager added that this year’s equalization gain marks the seventh consecutive year that the gain in real and personal property has risen by at least $1 billion.
The equalized value of real property was reported at $19.11 billion, while the value of personal property was listed at nearly $1.82 billion.
The state equalized value for the county’s residential properties was $13.35 billion, or 63.8 percent of the total.