Laserfiche WebLink
PENNY ON THE TAX RATE <br />Includes Residential & IDAs$ 713,942 <br />Tax Rate Decreasex 1 cent <br />713,942 <br />Average Home Value in La Porte$ 147,303 <br />Less Homestead Exemption29,461 <br />117,842 <br />Tax at $.71 cents per 100 dollars valuation$ 836.68 <br />Tax at $.70 cents per 100 dollars valuation824.90 <br />Annual reduction in citizen taxes(11.78) <br />HCAD loss$ 436,977 <br />Industry loss276965 <br />713,942 <br />HCAD loss Breakdown <br />Residential43% <br />Commercial35% <br />Industry22% <br />100% <br />Approximately 58% savings from HCAD will be passed to Commercial and Industry. <br />Industrial District companies (IDA agreements) will save approximately $277,000 per penny. <br />La Porte Citizens receive nearly $941 million worth of exemptions and deferral values including, but not limited to , <br />homestead, over 65, disabled and disabled veterans. <br /> <br />