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<br />e <br /> <br />e <br /> <br />2002 Rollback Tax Rate Worksheet <br /> <br />Entity Name: City of La Porte <br />File Name: CLP <br /> <br />Date: 9110/2002 <br /> <br />31. <br /> <br /> (4) 2002 taxable value of over-65 homesteads with tax <br /> ceilings. $0 <br /> (5) 2002 taxable value. Add lines (I), (2) and (3) and <br /> subtract (4) and enter above at A. <br />B. School districts Subtract the 2002 captured <br /> appraised value of real property taxable by the school <br /> district in a tax increment fmancing zone for which the I <br /> 2002 taxes will be deposited into the tax increment <br /> fund; other units, enter "0." - $0 <br />C. Subtract B from A: $1,484,350,506 <br />2002 calculated maintenance and operations rate. Divide line 28H by line 30C and <br />multiply by 100. School districts: Divide line 29 by line 30C and multiply by 100 0.581 <br />(per $100). <br />2002 rollback maintenance and operation rate. County, cities and others: <br />Multiply line 31 by 1.08. School districts: Add $0.06 to line 31 (per $100). 0.627 <br />Total 2002 debt to be paid with property taxes and additional sales tax revenue. <br />"Debt" means the interest and principal that will be paid on debts that (I) are paid by I <br />property taxes, (2) are secured by property taxes, (3) are scheduled for payment over a I <br />period longer than one year, and (4) are not classified in the unit's budget as maintenance <br />and operations expenses. Debt also includes contractual payments to other taxing units that <br />have incurred debts on behalf of this taxing unit, if those debts meet the four conditions <br />above. Include only amounts that will be paid from property tax revenue (or additional sales , <br />tax revenue). Do not include appraisal district budget payments. List the debt in "Schedule I <br />B: Debt Service." Ifusing unencumbered funds, subtract unencumbered fund amount used <br />from total debt and list remainder here. School districts do not have a Schedule B <br />requirement. School districts subtract state aid received for paying principal and interest on <br />debt for facilities through the existing debt allotment (EDA) program and/or instructional <br />facilities allotment (IFA) program. $2,063,995 <br />Certified 2001 excess debt collections. Enter the amount certified by the collector. $0 <br />Adjusted 2002 debt. Subtract line 34 from line 33, $2,063,995 <br />Certified 2002 anticipated collection rate. Enter the rate certified by the <br />collector. Ifthe rate is 100 percent or greater, enter 100 percent. 100.00% <br />2002 debt adjusted for collections. Divide line 35 by line 36. $2,063,995 <br /> <br />32. <br /> <br />33. <br /> <br />34. <br /> <br />35. <br />36. <br /> <br />37. <br /> <br />Truth - in -Taxation - July 2002 <br /> <br />Page: 3 <br />