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2011 Effective Tax Rate Worksheet <br />City of La Porte <br />Date: 09/01/2011 <br />See Chapter 2 of the Texas Comptroller's 2011 Manual for Taxing Units Other than Schools for an explanation of the effective <br />tax rate. <br />1. 2010 total taxable value. Enter the amount of 2010 taxable value on the 2010 tax roll <br />today. Include any adjustments since last year's certification; exclude Section 25.25(d) one- <br />third over -appraisal corrections from these adjustments. This total includes the taxable value <br />$2,215,208,446 <br />of homesteads with tax ceilings (will deduct in Line 2) and the captured value for tax <br />increment financing (will deduct taxes in Line 14). <br />2.2010 tax ceilings. Counties, cities and junior college districts. Enter 2010 total taxable <br />value of homesteads with tax ceilings. These include the homesteads of homeowners age 65 <br />$0 <br />or older or disabled. Other units enter 0. If your taxing units adopted the tax ceiling <br />provision in 2010 or a prior year for homeowners age 65 or older or disabled, use this step. <br />3. Preliminary 2010 adjusted taxable value. Subtract Line 2 from Line 1. <br />$2,215,208,446 <br />4.2010 total adopted tax rate. <br />$0.710/$100 <br />5.2010 taxable value lost because court appeals of ARB decisions reduced 2010 <br />appraised value. <br />A. Original 2010 ARE Values. <br />$97,048,721 <br />B. 2010 values resulting from final court decisions. <br />$86,909,293 <br />C. 2010 value loss. Subtract B from A. <br />$10,139,428 <br />6.2010 taxable value, adjusted for court-ordered reductions. Add Line 3 and Line 5C. <br />$2,225,347,874 <br />7.2010 taxable value of property in territory the unit deannexed after Jan. 1, 2010. <br />$0 <br />Enter the 2010 value of property in deannexed territory. <br />8.2010 taxable value lost because property first qualified for an exemption in 2011. <br />Note that lowering the amount or percentage of an existing exemption does not create a new <br />exemption or reduce taxable value. If the taxing unit increased an original exemption, use <br />the difference between the original exempted amount and the increased exempted amount. <br />Do not include value lost to freeport or "goods -in -transit" exemptions. <br />A. Absolute exemptions. Use 2010 market value: <br />$1,006,608 <br />B. Partial exemptions. 2011 exemption amount or 2011 percentage exemption times 2010 <br />$16,034,727 <br />value: <br />C. Value loss. Add A and B. <br />$17,041,335 <br />9.2010 taxable value lost because property first qualified for agricultural appraisal (1- <br />d or 1-d-1), timber appraisal, recreational/scenic appraisal or public access airport <br />special appraisal in 2011. Use only properties that qualified for the first time in 2011; do <br />not use properties that qualified in 2010. <br />A. 2010 market value: <br />$0 <br />B. 2011 productivity or special appraised value: <br />$0 <br />C. Value loss. Subtract B from A. <br />$0 <br />