Laserfiche WebLink
The City of La Porte maintain <br />Additional information on long-term debt activity can be found on pages 40 44 in the notes to the <br />financial statements. <br />The unemployment rate for the City of La Porte is current 5.8 percent which is an increase from the rate <br />of 4.64.8 <br />percent which is less than the national average of 4.9 percent. During the upcoming year, the City will <br />closely monitor the volatility in the housing market. Although our area has not been adversely affected <br />by home foreclosures, we will observe future economic changes. Total assessed value for all residential <br />and commercial property in the City of La Porte exceeded $3.0 billion for fiscal year 2016. The trend for <br />total assessed values has fluctuated slightly over the past five years resulting in a total increase of 34 <br />percent. <br />Assessed property values trends (in billions): <br />$3.5 <br />$3.0 <br />$2.5 <br />$2.0 <br />$1.5 <br />$1.0 <br />$0.5 <br />$0.0 <br />20122013201420152016 <br />11 <br /> <br />