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e e 1999 Effective Tax Rate Worksheet Entity Name: City of La Porte File Name: CLP Date: 9/8/99 11. 11. 13. 14. Total 1999 taxable value of new improvements and new personal property located in new improvements. "New" means the item was not on the appraisal roll in 1998. An improvement is a building, structure, fixture or fence erected on or affixed to land. A transportable structure erected on its owner's land is also included unless it is held for sale or is there only temporarily. New additions to existing improvements may be included if the appraised value can be determined. New personal property in a new improvement must (1) have been brought into the unit after January 1, 1998 and (2) be located in a new improvement. New improvements does include property on which a t3." abatement agreement has expired for 1999, New improvements do not include mineral interests produced for the first time, omitted property that is back assessed and increased appraisals on existing property. $44,959,400 Total adjustments to the 1999 taxable value. Add lines 19 and 20. $44,959,400 1999 adjusted taxable value. Subtract line 21 from line 18. $1,215,119,211 1999 eff~tive tax rate. Divide line 14 by line 22 and multiply by 100 (per $100). 0.73 COUNTIES ONLY. Add together the effective t3." rates for each type of t3." the county levies. The total is the 1999 county effective tax rate (per $100). 10. A county. city, or hospital district that adopted the additional sales tax in August or November 1998, or in January or May 1999, must adjust its effective tax rate. The Additional Sales Tax Rate Worksheet, immediately following the rollback worksheet, sets out this adjustment. Do not forget to complete the Additional Sales Tax Rate Worksheet if the taxing unit adopted the additional sales tax on these dates. Truth - in -Taxation - July 1999 Page: 3