O-2016-3651 Ordinance Establishing the Tax Rate for FY 2016-2017at 71 Cents per hundred dollar valuation

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B. 2016 value of properties not under protest or included on certified appraisal roll. The chief appraiser gives taxing units a list of those taxable properties that the chief appraiser $232,400,713 knows about, but are not included in the appraisal roll certification. These properties also are not on the list of properties that are still under protest. On this list of properties, the chief appraiser includes the market value, appraised value and exemptions for the preceding year and a reasonable estimate of the market value, appraised value and exemptions for the current year. Use the lower market, appraised or taxable value (as appropriate). Enter the total value. 14 C. Total value under protest or not certified: Add A and B. $460,210,660 18. 2016 tax ceilings. Counties, cities and junior colleges enter 2016 total taxable value of homesteads with tax ceilings. These include the homesteads of homeowners age 65 or older or disabled. Other taxing units enter 0. If your taxing units adopted the tax ceiling $168,205,954 provision in 2015 or a prior year for homeowners age 65 or older or disabled, use this step. 15 19. 2016 total taxable value. Add Lines 16E and 17C. Subtract Line 18. $2,834,676,177 20. Total 2016 taxable value of properties in territory annexed after Jan. 1, 2015. Include both real and personal property. Enter the 2016 value of property in territory $1,959,397 annexed.l6 21. Total 2016 taxable value of new improvements and new personal property located in new improvements. New means the item was not on the appraisal roll in 2015. An improvement is a building, structure, fixture or fence erected on or affixed to land. New additions to existing improvements may be included if the appraised value can be $45,026,782 determined. New personal property in a new improvement must have been brought into the taxing unit after Jan. 1, 2015, and be located in a new improvement. New improvements do include property on which a tax abatement agreement has expired for 2016.17 22. Total adjustments to the 2016 taxable value. Add Lines 20 and 21. $46,986,179 23. 2016 adjusted taxable value. Subtract Line 22 from Line 19. $2,787,689,998 24. 2016 effective tax rate. Divide Line 15 by Line 23 and multiply by $100.18 $0.713/$100 25. COUNTIES ONLY. Add together the effective tax rates for each type of tax the county levies. The total is the 2016 county effective tax rate.19 A county, city or hospital district that adopted the additional sales tax in November 2015 or in May 2016 must adjust its effective tax rate. The Additional Sales Tax Rate Worksheet 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. 1Tex. Tax Code Section 26.01204) 2Tex. Tax Code Section 26.01204) 3Tex. Tax Code Section 26.01203) 4Tex. Tax Code Section 26.01205)