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<br />2W Rollback Tax Rate Wor~et <br /> <br />Entity Name: City of La Porte <br />33 <br /> <br />34 <br /> <br />. Total 2005 debt to be paid with property taxes and additional sales tax revenue $1,605,306 <br />"Debt" means the interest and principal that will be paid on debts that <br />(1) are paid by property taxes, <br />(2) are secured by property taxes, <br />(3) are scheduled for payment over a period longer than one year and <br />(4) are not classified in the unit's budget as M&O expenses. <br />Debt also includes contractual payments to other taxing units that have incurred <br />debts on behalf of this taxing unit, ifthose debts meet the four conditions above <br />Include only amounts that will be paid from property tax revenue(or additional <br />sales tax revenue). Do not include appraisal district budget payments. List the <br />debt in "Schedule B: Debt Service." If using unencumbered funds, subtract <br />unencumbered fund amount used from total debt and list remainder School <br />districts do not have a Schedule B requirement School districts subtract state <br />aid received for paying principal and interest on debt for facilities through the <br />existing debt allotment (EDA) program and/or instructional facilities allotment ( <br />IFA) program. <br />. Certified 2004 excess debt collections: Enter the amount certified by the $0 <br />collector. <br />. Adjusted 2005 debt. Subtract line 34 from line 33. $1,605,306 <br />. Certified 2005 anticipated collection rate. Enter the rate certified by the 100.00% <br />collector. If the rate is 100 percent or greater, enter 100 percent. <br />2005 debt adjusted for collections. Divide line 35 by line 36. $1,605,306 <br />2005 total taxable value. Enter the amount on line 19. School districts: Enter $1,642,201,989 <br />line 30C. <br />2005 debt tax rate. Divide line 37 by line 38 and multiply by $100. (/$100) 0.097 <br />2005 rollback tax rate. Add lines 32 and 39. (/$100) 0.760 <br />COUNTIES ONLY. Add together the rollback tax rates for each type of tax the <br />county levies. The total is the 2005 county rollback tax rate. <br /> <br />Date: 09/6/2005 <br /> <br />35 <br />36 <br /> <br />37. <br />38. <br /> <br />39. <br /> <br />40. <br />41. <br /> <br />A taxing unit that adopted the additional sales tax must complete the lines for the Additional Sales Tax Rate A taxing unit <br />seeking additional rollback protection for pollution control expenses completes the Additional Rollback Protection for <br />Pollution Control. A school district seeking additional rollback protection for expenses with the school employee health <br />program completes the Additional Rollback Protection for School Employee Health Program <br /> <br />. .' Truth In TO?',!~ion :-:-=- JuJy 2.00.5 <br /> <br />..Page: <br /> <br />3. ..-. <br />