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CITY OF LA PORTE, TEXAS, TEXAS <br />MANAGEMENTÓS DISCUSSION AND ANALYSIS (continued) <br /> <br /> <br />Overall the upcoming General Fund budget projects a decrease of $6.82 million for one time capital projects. As <br />shown below, property values and sales taxes continue to increase. <br /> <br />The trend for total assessed values has fluctuated slightly over the past five years resulting in a total increase of <br />23%. <br /> <br />AssessedPropertyValue(inbillions) <br />$3.5 <br />$3.4 <br />$3.3 <br />$3.2 <br />$3.1 <br />$3.0 <br />$2.9 <br />$2.8 <br />$2.7 <br />$2.6 <br />$2.5 <br />20162017201820192020 <br /> <br />Salestaxrevenues(inmillions) <br />$15.0 <br />$14.0 <br />$13.0 <br />$12.0 <br />$11.0 <br />$10.0 <br />$9.0 <br />$8.0 <br />$7.0 <br />$6.0 <br />$5.0 <br />20162017201820192020 <br /> <br /> <br />REQUESTS FOR INFORMATION <br /> <br />This financial report is designed to provide a general overview of the City of La PorteÓs finances for all those with <br />an interest in the CityÓs finances. Questions concerning this report or requests for additional financial information <br />should be directed to the Director of Finance, 604 West Fairmont Parkway, La Porte, Texas 77571. <br /> <br />Draft 3-12-21 <br /> 16 Fiscal Year 2020 Annual Report <br /> <br />