O-2011-3380 establishing the Tax Rate for the 2011-2012 Fiscal Year

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2011 Rollback Tax Rate Worksheet City of La Porte Date: 09/01/2011 See Chapter 3 of the Texas Comptroller's 2011 Manual for Taxing Units Other than School Districts for an explanation of the rollback tax rate. 26.2010 maintenance and operations (M&O) tax rate. $0.605/$100 27. 2010 adjusted taxable value. Enter the amount from Line 11. $2,208,306,539 28.2010 M&O taxes. A. Multiply Line 26 by Line 27 and divide by $100. $13,360,254 B. Cities, counties and hospital districts with additional sales tax: Amount of additional $0 sales tax collected and spent on M&O expenses in 2010. Enter amount from full year's sales tax revenue spent for M&O in 2010 fiscal year, if any. Other units enter 0. Counties exclude any amount that was spent for economic development grants from the amount of sales tax spent. C. Counties: Enter the amount for the state criminal justice mandate. If second or later year, $0 the amount is for increased cost above last year's amount. Other units enter "0." D. Transferring function: If discontinuing all of a department, function or activity and transferring it to another unit by written contract, enter the amount spent by the unit discontinuing the function in the 12 months preceding the month of this calculation. If the $0 unit did not operate this function for this 12 -month period, use the amount spent in the last full fiscal year in which the unit operated the function. The unit discontinuing the function will subtract this amount in H below. The unit receiving the function will add this amount in H below. Other units enter 0. Enter a negative value if discontinuing a function, or enter a positive value if receiving the function. E. Taxes refunded for years preceding tax year 2010: Enter the amount of M&O taxes $116,442 refunded during the last budget year for tax years preceding tax year 2010. Types of refunds include court decisions, Section 25.25(b) and (c) corrections and Section 31.11 payment errors. Do not include refunds for tax year 2010. This line applies only to tax years preceding tax year 2010. F. Enhanced indigent health care expenditures: Enter the increased amount for the current year's enhanced indigent health care expenditures above the preceding tax year's $0 enhanced indigent health care expenditures, less any state assistance. G. Taxes in TIF: Enter the amount of taxes paid into the tax increment fund for a reinvestment zone as agreed by the taxing unit. If the unit has no 2011 captured appraised $591,594 value in Line 16D, enter 0. H. Adjusted M&O Taxes. Add A, B, C, E and F. For unit with D, subtract if discontinuing function and add if receiving function. Subtract G. $12,885,102 29.2011 adjusted taxable value. Enter Line 23 from the Effective Tax Rate Worksheet. $2,123,919,068