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e Statement of I ncreaselDecreasc e If City of La Porte adopts a 2000 tax rate equal to the effective tax rate of $0.693 per $100 ofvalue, taxes would increase compared to 1999 taxes by $301,709. Schedule A Unencumbered Fund Balances The following estimated balanccs will be left in the unit's property tax accounts at the end of the liscal year. These balances are not encumbered by a corresponding debt obligation. Type ofProprrty Tax Fund Balance General Operating Fund Debt Service Fund $5,428,233 $1,119,041 Schedule B 2000 Debt Service The unit plans to pay the following amounts for long-term 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 Other Description to be Paid from Property Amounts Total of Debt Proper!)' Taxes Taxes to be Paid Payment General $225,000 $21,937 $0 $246,937 Operating Bonds 1989 General $75,000 $13,125 $0 $88,125 Operating Bonds 1990 General $1,050,000 $221,007 $0 $1,271,007 Operating Refunding Bonds 1994 General $125,000 $115,469 $0 $240,469 Operating Bonds 1998 General $150,000 $186,344 $0 $336,344 Operating Bonds 2000 C 0 Bonds $150,000 $172,050 $0 $322,050 2000 Total required for 2000 debt service $2,504,932 - Amount (if any) paid from funds listed in Schedule A $0 - Amount (ifany) paid from other resources $650,000 - Excess collections last year $0 = Total to be paid from taxes in 2000 $1,854,932 + Amount added in anticipation that the unit will collect only 100.00% of its taxes in 2000 $0 = Total debt levy $1,854,932 This notice contains a summary of actual effective and rollback tax rates' calculations. You can inspect a copy of the full calculations at City of La Porte 604 W. Fairmont Parkway, La Porte, Texas. Name of person preparing this notice: Katherine R. Powell Title: Tax Manager Date prepared: August 14,2000