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2019 Tax Rate Calculation Worksheet <br />Taxing Units Other Than School Districts or Water Districts <br />City of La Porte <br />Taxing Unit Narne <br />604 W. Fairmont Pkwy., La Porte, Texas 77571 <br />Taxing Unit's Address, City, State, ZIP Code <br />Date: 09/09/2019 10:32 AM <br />281-471-5020 <br />Phone (area code and number) <br />ci.la-porte.tx.us <br />Taxing Unit's Website Address <br />GENERAL INFORMATION: Tax Code Section 26.04(c) requires an officer or employee designated by the governing body to calculate tile <br />effective tax rate and rollback tax rate for the taxing Unit. These tax rates are expressed in dollars per $ 100 of "taxable taxable value Calculated. The <br />calculation process stars after the chief appraiser delivers to the taxing; Unit the certified appraisal roll and the estimated values ol'properties. <br />Linder protest. <br />School districts do not use this Form, but instead use Comptroller Form 50-859 Tax Rate Calculation Worksheet for School Districts. <br />Water districts as defined under Water Code Section 49.001(1) (to not use this forin, but instead use Comptroller Form 50-858 Water District <br />Rollback Tax Rate Workshcet. <br />This worksheet is provided to assist taxing units in determining tax rates. The information provided in this worksliect is offered as technical <br />assistance and not legal advice. Taxing units should consult lc fl, rdill tax ratF"grgaration and ado.,ti( <br />7 E/ <br />g <br />Wm �Vl <br />7777 7 7 <br />OFFINal <br />The effective tax rate enables the public to evaluate the relationship between taxes for the prior year and for the current year based on a tax <br />rate that would produce the same amount oftaxes (no new taxes) if applied to the same properties that are taxed in both years. When <br />appraisal values increase, the effective tax rate should decrease. <br />The effective tax rate for a county is the sum of flic effective tax rates calculated for each type of tax the county levies. <br />777,77,77M -7--r 0,777,777 "=1VUE <br />N, ��i <br />Q <br />9 <br />1. 2018 total taxable value, Enter the amount of 2018 taxable value oto the: 2018 tax roll <br />today. Include any adjustments since last year's certification; exclude Tax Code Section <br />25,25(d) one-third over -appraisal corrections from these a4justments. This total includes the $3,430,773,776 <br />taxable value of homesteads with tax ceilings (will deduct in Line 2) and the captured value <br />for tax increment financing (will deduct taxes in Line 14).' <br />2. 2018 tax ceilings. Counties, cities and junior college districts. Enter 2018 total taxable <br />value of homesteads with tax ceilings. These include the homesteads of homeowners age 65 <br />or older or disabled. Other taxing units enter 0. If your taxing unit adopted the tax ceiling; $280,607,4()1. <br />provision in 2018 or a prior year for homeowners age 65 or older or disabled, use this step. 2 <br />3. Preliminary 2018 adjusted taxable value. Subtract Line 2 frorn Line 1. $3,150,164,375 <br />4. 2018 total adopted tax rate. 0.71005 100 <br />5. 2018 taxable value lost because court appeals of ARB decisions reduced 2018 <br />appraised value. <br />A. Original 2018 ARB Values. $195,994,008 <br />B. 2018 values resulting from final court decisions. $170,865,240 <br />C. 2018 value loss. Subtract B from A.3 $25,128,768 <br />6. 2018 taxable value, adjusted for court-ordered reductions. Add Line 3 and Line 5C. $3,175,293,143 <br />7. 2018 taxable value of property in territory the taxing unit deannexed after Jan. 1, <br />2018. Enter the 2018 value of property in deannexed territory. 4 so <br />8.2018 taxable value lost because property first qualified for an exemption in 2019. <br />ro <br />