2002-09-09 Regular Meeting and Public Hearing

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e 2002 Rollback Tax Rate Worksheet Entity Name: City of La Porte File Name: CLP G. Taxes in tax increment financing (TIF): Enter the amount of taxes paid into the tax increment fund for a reinvestment zone as agreed by the taxing unit. This provision does not apply to school districts or taxing units in counties with 500,000 or more in population. Other units, enter "0". H. Adjusted M&O Taxes. Add A, B, C, E and F. For unit with D, subtract if discontinuing function and add if receiving function. Subtract G. 29. SCHOOL DISTRICTS ONLY: Complete the Texas Education Agency's worksheet entitled Worksheet to Assist Districts in Calculating Rollback Rate. Enter amount on line 41 of the TEA worksheet for the 2002-2003 M&O component here. 2002 adjusted taxable value. A. Enter line 23 from the effective tax rate worksheet. School districts, enter line 19; if a school district did not complete the Effective Tax Rate Worksheet, the school district does the following steps (1) to (5) below. (1) Total 2002 taxable value on the 2002 certified appraisal roll today. This value includes only certified values and includes the taxable value of over-65 homesteads with school tax ceilings. Include also the taxable value in reinvestment zone, but remember that the unit will deposit a portion of the taxes to a special tax increment fund. 30. $1,484,350,506 (2) Total 2002 taxable value of properties under protest. The chief appraiser certifies a list of properties still under ARB protest. The list shows the district's value and the taxpayer's claimed value, if any, or an estimate of the value if the taxpayer wins. For each of the properties under protest, use the lowest of these values. Enter the total here. (3) Total 2002 value of properties not under protest or included on certified appraisal roll. The chief appraiser gives taxing units a list of those taxable properties that the chief appraiser knows about but are not included at the time of appraisal roll certification. These properties also are not on the list of properties that are still under protest. On this list, the chief appraiser includes the market value, appraised value, and exemptions for the preceding year and a reasonable estimate of the market value, appraised value, and exemptions for the current year. Use the lower market, ap,praised, or taxable value (as appropriate). Enter the total here. e Date: 9/10/2002 $0 $8,625,837 $0 $0 $0 $0 Truth - in -Taxation - July 2002 Page: 2