O-2005-2838 - Laserfiche WebLink

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2W Effective Tax Rate WorIWet Entity Name: City of La Porte 18. 19. 20. 2005 tax ceilings. Enter 2005 total taxable value of homesteads with tax ceilings $0 . These include the homesteads of homeowners age65 or older or disabled. Other units enter "0." If your taxing units adopted the tax ceiling provision in 2004 for homeowners age 65 or older or disabled, use this step. 2005 total taxable value. Add lines 16E and 17C. Subtract line 18. $1,642,201,989 Total 2005 taxable value of properties in territory annexed after January 1, 2004. $0 Include both real and personal property. Enter the 2005 value of property in territory annexed, including any territory annexed by the school district Total 2005 taxable value of new improvements and new personal property $17,133,389 located in new improvements. "New" means the item was not on the appraisal roll in 2004. 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 have been brought into the unit after January 1, 2004 and be located in a new improvement New improvements do include property on which a tax abatement agreement has expired for 2005. New improvements do not include mineral interests produced for the frrst time, omitted property that is back assessed and increased appraisals on existing property. Total adjustments to the 2005 taxable value. Add lines 20 and 21. $17,133,389 2005 adjusted taxable value. Subtract line 22 from line 19. $1,625,068,600 2005 effective tax rate. Divide line 15 by line 23 and multiply by $100. (/$100) 0.712 COUNTIES ONLY. Add together the effective tax rates for each type of tax the county levies. The total is the 2005 county effective tax rate. (/$100) Date: 09/6/2005 21. 22. 23. 24. 25. A county, city or hospital district that adopted the additional sales tax in August or November2004 or in January or May 2005 must adjust its effective tax rate. The Additional Sales Tax Rate Worksheet on page 48 of the Texas Comptroller's 2005 Truth-in- Taxation Manual sets out this adjustment Do not forget to complete the Additional Sales Tax Rate Worksheet if the taxing unit adopted the additional sales tax on these dates. ... - _" - _.. . u_._ "Truth 1'2 Tnva!!!)n -:-. July 2005. ~ -- - - .Page: 3