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e 1999 Effective Tax Rate Worksh!t Entity Name: City of La Porte File Name: CLP Date: 9/8/99 (Note: Effective August 30, 1999. school districts are not required to calculate and publish an effective tax rate. School districts may complete this part, at their option, or may skip to the Rollback Tax Rate Worksheet.) 1. 9. 1998 total taxable value. Enter the amount of 1998 taxable value on the 1998 tax roll today. Include any adjustments since last year's certification; exclude the Section 25.25(d) one-third over-appraisal corrections from these adjustments. This value includes the taxable value of over-65 homesteads. $1,259.031,630 SCHOOL DISTRICTS. Enter 1998 taxable value of over-65 homesteads with tax ceilings. Other units enter "0". $0 Preliminary 1998 adjusted taxable value. Subtract line 2 from line 1. $1,259.031,630 1998 total tax rate (per $100). 0.71 1998 taxable value lost because court appeals of ARB decisions reduced 1998 appraised value. A. Original 1998 ARB values: $1.890,250 B. 1998 values resulting from final court decisions: - $1,890,250 C. 1998 value loss. Subtract B from A: $0 1998 taxable value, adjusted for court-ordered reductions. Add line 3 and line 5C. $1,259,031,630 1998 taxable value of property in territory the unit deannexed after January 1, 1998. Enter the 1998 value of property in deannexed territory, including any territory deannexed by the school district. $0 1998 taxable value lost because property first qualified for an exemption in 1999. Note that lowering the amount or percentage of an existing exemption does not create a new exemption or reduce taxable value. If the taxing unit increased an original exemption, use the difference between the original exempted amount and the increased exempted amount. Do not include value lost due to freeport exemptions or tax abatements. A. Absolute exemptions. Use 1998 market value: $282,720 B. Partial exemptions. 1999 exemption amount, or + $4.694.373 1999 percentage exemption times 1998 value: C. Value loss. Total of A and B: $4,977,093 1998 taxable value lost because property first qualified for agricultural appraisal (l-d or I-d-l), timber appraisal, recreational/scenic appraisal or public access airport special appraisal in 1999. Use only those properties that first qualified in 1999; do not use properties that qualified in 1998. A. 1998 market value: $0 B. 1999 productivity or special appraised value: - $0 C. Value loss. Subtract B from A: $0 Total adjustments for lost value. Add lines 7, 8C and 9C. $4.977,093 2. 3. 4. 5. 6. 7. 8. 10. Truth - in -Taxation - July 1999 Page: 1