O-2000-2432 - Laserfiche WebLink

Browse Search

e e 2000 Effective Tax Rate Worksheet Entity Name: City of La Porte File Name: CLP Date: 9/6/2000 20.jTotai"2ooo taxable value ofne~ impro;~~-ent~-and new personal-;;~~ert; I located in new improvements. "New" means the item was not on the appraisal roll in 1999. 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 (I) have been brought into the unit after January I, 1999 and (2) be located in a new improvement. New improvements does include property on which a tax abatement agreement has expired for 2000. New improvements do not include mineral interests produced for the first time, omitted property that is back assessed and increased . appraisals on existing property. 21. ~~;al- adjustments to the 2000-;axable ~~I~e. Add lines 19-~nd 20. - ---- 22.1 ;~OO adjusted taxable value. Subtract line 21 from line 18. 23. 2000 effective tax rate. Divide line 14 by line 22 and multiply by 100 (per $100). $51,710,330 $5],710,330 $1,320,339,780 0.693 24. i COUNTIES ONLY. Add together the effective tax rates for each type of tax the county ..J~~s. The total is the 2000 county effec_ti~~~ax rate (per $100). __ ___ ______ A county, city, or ho~~i;~] district that adopted the additi~~-al sales tax in August or Nove~ber 1999, or i~- -I January or May 2000, 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 j' Additional ~~_~e~~ax Rate Worksheet ift~~~xin~ U~~dop~ed the additional sal~_s tax on these dates. ___ _ __ _ _ __ Truth - in -Taxation --- - June 2000 Page: 3