O-1999-2359 - Laserfiche WebLink

Browse Search

e e Scbedule A Unencumbered Fund Balances The following estimated balances will be left in the unit's property tax accounts at the end of the fiscal year. These balances are not encumbered by a corresponding debt obligation. Type or Property Tal Fund General Fund Debt Service Fund Balance 55,585,717 51,076,829 Scbedule B 1999 Debt Service The unit plans to pay the following amounts for long-tenn debts that are secured by property taxes. These amounts will be paid from property tax revenues (or additional sales tax revenues, if applicable). Principal or Interest to be Contract Payment Paid from Description to be Paid from Property or Debt Property Tales Tales General 5225,000 537,547 Obligation Bonds 1989 General 575,000 518,750 Obligation Bonds 1990 General $450,000 514,750 Obligation Bonds 1991 General $680,000 5259,770 Obligation Bonds 1994 Other Amounts Total to be Paid Payment SO 5262,547 50 593,750 SO $464,750 SO 5939,770 50 5248,281 52,009,098 5195,146 SO SO 51,813,952 General 5125,000 5123,281 Obligation Bpnds 1998 Total required for 1999 debt service _ Amount (ifany) paid from funds listed in Schedule A - Amount (if any) paid from other resources - Excess collections last year = Totalto be paid from taxes in 1999 + Amount added in anticipation that the unit will c:ollect only 100.00% of its taxes in 1999 SO = Total debt levy 51,813,952 This notice c:ontains a sununary of actual effec:tive and rollback tax rates' calculations. You can inspect a c:opy of the full calculations at City of La Porte 604 W. Fainnont Parkway, La Porte, Texas 77571. Name of person preparing this notic:e: Katherine R. Powell Title: Revenue Supervisor Date prepared: August 26, 1999