O-2010-3272 establishing Tax Rate/2010-2011 FY at $.71 cents for hundred valuation

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The unit plans to pay the following amounts for long-term debts that are secured by property taxes. These amounts will be paid from property tax revenues (or additional sales tax revenues, ifapplicable). Principal or Interest to be Contract Payment Paid from Description to be Paid from Property ~_ ofDc_bt__!,~oJ'erty Ta",,"_ T-",xes __ Other Amounts to be Paid --~----- General Obligation $270,000 $176,783 $0 Bonds 2002 Series Certificate of $260,000 $229,470 $0 Obligation Bonds 2004 Series General Obligation $310,000 $253,239 $0 Bonds 2005 Series Certficate of $75,000 $57,798 $0 Obligation Bonds 2005 Series General Obligation $50,000 $45,414 $0 Bonds 2006 Series Certificate of $240,000 $225,823 $0 Obligation Bonds 2006 Series Certificate of $170,000 $311,708 $0 Obligation Bonds 2007 Series General Obligation $365,000 $166,262 $0 Refunding Bonds 20 \0 Series Certificate of $0 $310,079 $0 Obligation Bonds 2010 Series Total Required for 2010 Debt Service - Amount (if any) paid from funds listed in Schedule A - Amount (if any) paid from other resources - Excess collections last year = Total to be paid from taxes in 2010 + Amount added in anticipation that the unit will collect only 100.00% of its taxes in 2010 = Total Debt Levy This notice contains a summary of actual effective and rollback tax rates' calculations. You can inspect a copy of the full calculations at City of La Porte City Hall 604 W Fairmont Parkway, La Porte, Texas 7757l. Name of person preparing this notice: Katherine R. Powell Title: Tax Manager Date Prepared: September 2, 2010 Total Payment --~.._--- $446,783 $489,470 $563,239 $132,798 $95,414 $465,823 $481,708 $531,262 $310,079 $3,516,574 $0 $1,262,168 $0 $2,254,406 $0 $2,254,406