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To switch gears, I would like to provide you with information pertaining to <br />the tax system. While I had all of the information extracted for the tax <br />accounts that had over 65 exemptions, I ran a few numbers on the data. <br />As background information, the City of La Porte offers a homestead exemption <br />of 20$ of the appraised value to all residents and an over 65 exemption of up <br />to $60,000 of appraised value for our senior citizens. <br />The total appraised value of the 729 accounts with over 65 exemptions is <br />$30,473,130. If these accounts did not have the exemption, they would <br />generate tax revenue to the City of $216,359.12. <br />A total of 92.2$ of these accounts pay no taxes at all to the City of La Porte <br />and the remaining 7.8$ pay a total of $11,873.63. This means that we give the <br />over 65 accounts a total exemption of $204,485.49 or $280.50 each. <br />