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This notice concerns 2000 property tax rates for City of La Porte. It presents information about three tax rates. Last year's ta." rate is the actual rate the taxing unit used to determine property taxes last year. This year's effective tax rate would impose the same total taxes as last year if you compare properties taxed in both years. This year's rollback tax rate is the highest ta." rate the taxing unit can set before taxpaycrs can start tax rollback procedures. In each case these rates are found by dividing the total amount of taxes by the tax base (the total value of taxable property) with adjustments as required by state law. The rates are given per $100 of property value. Last year's tax rate: Last year's operating taxes Last year's debt taxes Last year's total taxes Last year's tax base Last year's total tax rate This year's effectin tax rate: Last year's adjusted taxes (after subtracting taxes on lost property) / This year's adjusted tax base (after subtracting value of new property) = This year's effective tax rate This year's rollback tax rate: Last year's adjusted operating ta."es (after subtracting taxes on lost property and adjusting for transferred function) / This year's adjusted tax base = This year's effective operating rate x 1.08 = this year's maximum operating rate + This year's debt rate = This year's rollback rate ---- 2000 Property Tax Rates in City of La Porte e $7,391,212 $1,815,386 $9,206,598 $1,296,703,944 0.710/$100 $9,159,112 $1,320,339,780 0.693/$100 $7,362,199 $1,320,339,780 0.558/$100 0.602/$100 0.135 /$100 0.737/$100