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<br />AGENDA ITEM 6: <br />ACTIVITY REPORT FOR 2004 TAX YEAR <br /> <br />Calculation of the amount oftaxes due the Tax Increment Reinvestment Zone #1 by the <br />La Porte Independent School District. <br /> <br />Calculation of the amount of taxes due the Tax Increment Reinvestment Zone #1 by the <br />City of La Porte. <br /> <br />The City (Tax Increment Reinvestment Zone Number One) has not yet received <br />Harris County's Activity Report for Tax Year 2004. A recap of previous Harris <br />County payments is attached. <br /> <br />Note regarding the Harris County contribution: <br />The 2002 payment from Harris County erroneously included tracts outside the Zone. <br />When this was discovered, the County opted to credit future payments rather than <br />obtaining a reimbursement. <br /> <br />As of payments due in 2004 for 2003 there was still an overpayment balance of <br />($1,405.90). <br />