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City of La Porte Budget 1978-1979
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City of La Porte Budget 1978-1979
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11/29/2012 3:52:40 PM
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La Porte TX
Document Type
Budget & Budget Documentation
Date
10/1/1978
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<br />- - - - - - - - - - - - - - - - - - - <br /> ANALYSIS OF TAX RATE <br /> FISCAL YEAR BUDGET 1978-1979 <br /> ASSESSED VALUATION OF REAL AND PERSONAL PROPERTY $ 180,9l2f050 <br /> (BASED ON 80% OF MARKET VALUE) <br /> LESS: EXEMPTIONS (OVER 65 AND VETERANS) -3,224,050 <br /> TAXABLE ASSESSED VALUE 177,688,450 <br /> 1978-1979. TAX RATE (.91 PER $100 ASSESSED) x .091 <br /> 1,616,965 <br /> ESTIMATED 96% COLLECTION RATE x .096 <br /> 1,552,286 <br /> DISTRIBUTION OF AD VALOREM TAXES <br /> Tax Rate per Percent of 96% of Levy <br /> 100 Valuation Levy Collections <br /> GENERAL FUND .80 88.921 1,380,309 <br /> DEBT SERVICE FUND .11 11.079 171,977 <br /> .91 100.00% 1,552,286 <br /> 3 <br />
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