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O-2007-3025 Passed
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O-2007-3025 Passed
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Last modified
11/2/2016 3:39:23 PM
Creation date
10/29/2007 2:45:51 PM
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Legislative Records
Legislative Type
Ordinance
Date
9/24/2007
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<br />The unit plans to pay the following amounts for longterm debts that are secured by <br />property taxes. These amounts will be paid from property tax revenues(or additional <br />sales tax revenues, if applicable). <br /> <br /> Principal or Interest to be <br />Contract Payment Paid from Other <br />Description to be Paid from Property Amounts Total <br />of Debt Property Taxes Taxes to be Paid Payment <br />1998 General $125,000 $61,563 $0 $186,563 <br />Obligation Bonds <br />2000 General $150,000 $112,844 $0 $262,844 <br />Obligation Bonds <br />2000 Certificate of $150,000 $98,550 $0 $248,550 <br />Obligation Bonds <br />2002 General $270,000 $211 ,208 $0 $481,208 <br />Obligation Bonds <br />2004 Certificate of $220,000 $255,390 $0 $475,390 <br />Obligation Bonds <br />2005 Certificate of $65,000 $64,470 $0 $129,470 <br />Obligation Bonds <br />2005 General $275,000 $288,533 $0 $563,533 <br />Obligation Bonds <br />2006 General $45,000 $50,579 $0 $95,579 <br />Obligation Bonds <br />2006 Certificate of $215,000 $252,604 $0 $467,604 <br />Obligation Bonds <br />2007 Certificate of $140,000 $426,539 $0 $566,539 <br />Obligation Bonds <br />Total Required for 2007 Debt Service $3,477,278 <br />- Amount (if any) paid from funds listed in Schedule A $125,000 <br />- Amount (if any) paid from other resources $1,540,952 <br />- Excess collections last year $0 <br />= Total to be paid from taxes in2007 $1,811,326 <br />+ Amount added in anticipation that the unit will $0 <br />collect only 100.00% of its taxes in 2007 <br />= Total Debt Levy $1,811,326 <br /> <br />This notice contains a summary of actual effective and rollback tax ratd calculations. <br />You can inspect a copy of the full calculations at604 W Fairmont Parkway, La Porte, <br />Texas 77571. <br />Name of person preparing this notice: Katherine R. Powell <br />Title: Tax Manager <br />Date Prepared: September 17, 2007 <br />
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