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2004 Rollback Tax Rate W orJi!heet e . Entity Name: City of La Porte 33 34 . Total 2004 debt to be paid with property taxes and additional sales tax revenue. $1,571,535 "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 unit's budget as M&O expenses. Debt also includes contractual payments to other taxing units that have incurred debts 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 (or additional sales tax revenue). Do not include appraisal district budget payments. List the debt in "Schedule B: Debt Service." Ifusing unencumbered funds, subtract unencumbered fund amount used from total debt and list remainder. School districts do not have a Schedule B requirement. School districts subtract state aid received for paying principal and interest on debt for facilities through the existing debt allotment (EDA) program and/or instructional facilities allotment (IFA) program. . Certified 2003 excess debt collections. Enter the amount certified by the $0 collector. . Adjusted 2004 debt. Subtract line 34 from line 33. $1,571,535 . Certified 2004 anticipated collection rate. Enter the rate certified by the 100.00% collector. If the rate is 100 percent or greater, enter 100 percent. 2004 debt adjusted for collections. Divide line 35 by line 3'6. $1,571,535 2004 total taxable value. Enter the amount on line 19. School districts: Enter $1,590,615,755 line 30C. 2004 debt tax rate. Divide line 37 by line 38 and multiply by $100. (/$100) 0.098 2004 rollback tax rate. Add lines 32 and 39. (/$100) 0.736 COUNTIES ONLY. Add together the rollback tax rates for each type of tax the county levies. The total is the 2004 county rollback tax rate. Date: 08/18/2004 35 36 37. 38. 39. 40. 41. 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. A school district seeking additional rollback protection for expenses with the school employee health program completes the Additional Rollback Protection for School Employee Health Program. Truth In Taxation - July 2004 Page: 3