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2007 Rollback Tax Rate Worksheet Entity Name: City of La Porte Date: 09/17/2007 See pages 17 to 21 of the Texas Comptroller's 2007 Truth-In~Taxation Manual for an explanation of the rollback tax rate 33. Total 2007 dehtto be paid with pmperty taxes and additional sales tax ~n~ - -I" $1,811,326 "Debt" means the interest and principal that will be paid on debts that (1) are paid by property taxes, (2) are secured by property taxes, I (3) are "heduled for payment over a period longer than one year and I (4) are not classified in the unifs budget as M&O expenses. Debt also includes contractual payments to other taxing units that have incurred debts on behalf of this taxing uni~ if those debts meet the four conditions above. Include only amounts that will be paid from property tax revenue(or additional sales tax revenue). Do not include appraisal district budget payments. List the debt in "Schedule B: Debt Service." If using unencumbered fund~ subtract unencumbered fund amount used from total debt and list remainder r$O- "~~--_. Certified 2006 excess debt collections. Enter the amount certified by the collector. i ---- r Adjusted 2007 debt. Subtract line 33 from line 32. $1,811,326 Certified 2007 anticipated collection rate. Enter the rate certified by the 100.00% collector. If the rate is 100 percent or greater, enter 100 percent. 2007 debt adjusted for collections. Divide line 34 by line 35. $1,811,326 2007 total taxable value. Enter the amount on line 19. $1,818,774,653 2007 debt tax rate. Divide line 36 by line 37 and multiply by $100. (/$100) 0.099 --- -- 2007 rollback tax rate. Add lines 31 and 38. (/$100) 0.788 COUNTIES ONLY. Add together the rollback tax rates for each type of tax the I county levies: The total is the 2007 county rollback tax rate. (/$100) i -1-. 32. 34. 35. 36. 37. 38. 39. 40. 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. Truth In Taxation May 2007 Page: 2