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

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H. Adjusted M&O Taxes. Add A, B, C, E and F. For unit with D, subtract if discontinuing function and add if receiving function. Subtract G. 29. 2016 adjusted taxable value. Enter Line 23 from the Effective Tax Rate Worksheet. $2,787,689,998 30. 2016 efi'ective maintenance and operations rate. Divide Line 28H by Line 29 and multiply by $100. $0.601/$100 31. 2016 rollback maintenance and operation rate. Multiply Line 30 by 1.08. $0.649/$100 32. Total 2016 debt to be paid with property taxes and additional sales tax revenue. "Debt" means the interest and principal that will be paid on debts that: (1) are paid by property taxes, (2) are secured by property taxes, (3) are scheduled for payment over a period longer than one year and (4) are not classified in the taxing unit's budget as M&O expenses. A. Debt also includes contractual payments to other taxing units that have incurred debts $3,913,705 on behalf of this taxing unit, if those debts meet the four conditions above. Include only amounts that will be paid from property tax revenue. Do not include appraisal district budget payments. List the debt in Schedule B: Debt Service. B. Subtract unencumbered fund amount used to reduce total debt. $0 C. Subtract amount paid from other resources. D. Adjusted debt. Subtract B and C from A. $937,295 $2,976,410 33. Certified 2015 excess debt collections. Enter the amount certified by the collector. $0 34. Adjusted 2016 debt. Subtract Line 33 from Line 32D. $2,976,410 35. Certified 2016 anticipated collection rate. Enter the rate certified by the collector. If the rate is 100 percent or greater, enter 100 percent. 100.00% 36. 2016 debt adjusted for collections. Divide Line 34 by Line 35 $2,976,410 37. 2016 total taxable value. Enter the amount on Line 19. $2,834,676,177 38. 2016 debt tax rate. Divide Line 36 by Line 37 and multiply by $100. $0.105/$100 39. 2016 rollback tax rate. Add Lines 31 and 38. $0.754/$100 40. COUNTIES ONLY. Add together the rollback tax rates for each type of tax the county levies. The total is the 2016 county rollback tax rate. A taxing unit that adopted the additional sales tax must complete the lines for the Additional Sales Tax Rate. A taxing unit seeking additional rollback protection for pollution control expenses completes the Additional Rollback Protection for Pollution Control.