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HomeMy WebLinkAboutO-1999-2359 . e ORDINANCE NO. 99- 2 3 5 9 AN ORDINANCE LEVYING TAXES UPON TAXABLE PROPERTY LOCATED WITHIN AND SUBJECT TO TAXATION IN THE CITY OF LA PORTE, TEXAS; MAKING APPROPRIATIONS FOR SUPPORT, MAINTENANCE, AND IMPROVEMENT OF THE CITY GOVERNMENT OF SAID CITY OF LA PORTE; FINDING THAT ALL REQUIRED NOTICES HAVE BEEN PUBLISHED AND ALL REQUIRED HEARINGS HELD; CONTAINING A REPEALING CLAUSE; CONTAINING A SEVERABILITY CLAUSE; FINDING COMPLIANCE WITH THE OPEN MEETINGS LAW; AND PROVIDING AN EFFECTIVE DATE HEREOF. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LA PORTE Section 1. That there is hereby levied for the fiscal year beginning October 1, 1999, and ending September 30, 2000, on all real property situated and all personal property owned within the taxable limits of the said City of La Porte, on the first day of January, 1999, except so much as may be exempt under the constitution and laws of the United States, this State, and the City of La Porte, the following taxes: (1) An Ad Valorem Tax of and at the rate of fifty-seven cents ($.57) on the one hundred dollars ($100.00) cash value thereof, estimated in lawful currency of the United States for the current expenses for the support, maintenance, and improvement of the City Government of said City of La Porte; and (2) An Ad Valorem Tax of and at the rate of fourteen cents ($.14) on the one hundred dollars ($100,00) cash value thereof, estimated in lawful currency of the United States, to pay current interest on and provide one year's sinking fund and to pay all of the Principal and Interest accruing on all outstanding general obligation bonds and certificates of obligation lawfully issued by the City of La Porte. That this provides the sum of total Ad Valorem tax at the rate of seventy-one cents ($.71) on the one hundred dollars ($100.00) cash value thereof, estimated in lawful currency of the United States. Section 2. All property upon which a rate of taxation is hereinabove levied shall be assessed on a ratio of one hundred percent (100%) of the estimated market value thereof. Section 3. That the sums hereinafter accruing and collected from the hereinabove taxes so levied be and the same are hereby appropriated for the support, maintenance, and improvement of the City Government of the City of La Porte. Section 4. The City Council officially finds, determines, recites and declares that all notices required by law have been published, and that a public hearing as required by law was duly called and held, and that all matters prerequisite to the establishment and levy of an ad valorem tax have been accomplished, all as required by the laws of the State of Texas, and the Home Rule Charter of the City of La Porte. Section 5. If any section, sentence, phrase, clause, or any part of any section, sentence, phrase, or clause, of this Ordinance shall, for any reason, be held invalid, such invalidity shall not affect the remaining portions of this Ordinance, and it is hereby declared to be the intention of this City Council to have passed each section, sentence, phrase, or clause, or part thereof, irrespective of the fact that any other section, sentence, phrase, or clause, or part thereof, may be declared invalid. e e Section 6. All ordinances or parts of ordinances in conflict herewith are hereby repealed to the extent of such conflict only. Section 7. The City Council officially finds, determines, recites and declares that a sufficient written notice of the date, hour, place, and subject of this meeting of the City Council was posted at a place convenient to the public at the City Hall of the City for the time required by law preceding this meeting, as required by the Open Meetings Law, Chapter 551, Texas Government Code; and that this meeting has been open to the public as required. Section 8. This Ordinance shall be in effect from and after its passage and approval. PASSED AND APPROVED this the 8th day of September, 1999. man Malone, Mayor ' AmD:~ W. CI Y Attorney IOl-MaY-99 j ...............................: 117-MaY-9~~J I~~~J I~~J I.~.~.~~~~~~~........j 126-Aug-99 1 ......................'.'..'.'.....; I~~~~.~~~~~........j 1...............................1 e e 1999 Planning Calendar City of La Porte Mailing of notices of appraised value by chief appmiser, Deadline for submitting appraisal records to ARB. Deadline for ARB to approve appraisal records. Deadline for chief appraiser to certify rolls to taxing units. Certification of anticipated collection rate by collector, Calculation of effective and rollback tax rates. Publication of effective and rollback tax rates; schedules and fund balances; submission to governing body. 72-hours notice for meeting (Open Meetings Notice). I08-seP-99 ~ Meeting of governing body to discuss tax rate; if proposed tax rate will raise more ..........................,....: revenue than the preceding year's revenue, take record vote and schedule public hearing. 1...............................1 I...............................! L,~~,,_,,_J I~....__..."_..,,...J 1.........,......................1 "Notice of Public Hearing on Tax Increase" (1st quarter-page notice) published at least seven days before public hearing. 72-hour notice for public hearing (Open Meetings Notice). Public hearing; schedule and announce meeting to adopt tax rate 3-14 days from this date. "Notice of Vote on Tax Rate" (2nd quarter-page notice) published before meeting to adopt tax rate. 72-hour notice for meeting at which governing body will adopt tax rate. I~!~~~~~~~.........! r:~g S::d:~r': :~ti~~:,ng is 3 to 14 days after public hearing and by September e -- 1999 Property Tax Rates in City of La Porte This notice concerns 1999 property tax rates for City of La Porte. It presents infonnation about three tax rates. Last year's tax rate is the actual rate the taxing unit used to detennine property taxes last year. This year's effective tax rate would impose the same total taxes as last year if you compare properties taxed in both years. This year's rollback tax rate is the highest tax rate the taxing unit can set before taxpayers can start tax rollback procedures, In each case these rates are found by dividing the total amount of taxes by the tax base (the total value of taxable property) with adjustments as required by state law. The rates are given per $100 ofproperty value. Last year's tal rate: Last year's operating taxes Last year's debt taxes Last year's total taxes Last year's tax base Last year's total tax rate ThIs year's efl'eetlve tall rate: Last year's adjusted taxes (after subtracting taxes on lost property) / This year's adjusted tax base (after subtracting value of new property) = This year's effective tax rate This year's rollback tall rate: Last year's adjusted operating taxes (after subtracting taxes on lost property and adjusting for transferred function) This year's adjusted tax base = This year's effective operating rate x 1.08 = this year's maximum operating rate + This year's debt rate = This year's rollback rate 57,210,028 $1,770,884 58,980,912 $1,264,917,183 0.71/$100 $8,945,575 $1,215,119,211 0.73/$100 57,187,784 51,215,119,211 0.59/$100 0.63/5100 0.14/$100 0.77/5100 e e Scbedule A Unencumbered Fund Balances The following estimated balances will be left in the unit's property tax accounts at the end of the fiscal year. These balances are not encumbered by a corresponding debt obligation. Type or Property Tal Fund General Fund Debt Service Fund Balance 55,585,717 51,076,829 Scbedule B 1999 Debt Service The unit plans to pay the following amounts for long-tenn debts that are secured by property taxes. These amounts will be paid from property tax revenues (or additional sales tax revenues, if applicable). Principal or Interest to be Contract Payment Paid from Description to be Paid from Property or Debt Property Tales Tales General 5225,000 537,547 Obligation Bonds 1989 General 575,000 518,750 Obligation Bonds 1990 General $450,000 514,750 Obligation Bonds 1991 General $680,000 5259,770 Obligation Bonds 1994 Other Amounts Total to be Paid Payment SO 5262,547 50 593,750 SO $464,750 SO 5939,770 50 5248,281 52,009,098 5195,146 SO SO 51,813,952 General 5125,000 5123,281 Obligation Bpnds 1998 Total required for 1999 debt service _ Amount (ifany) paid from funds listed in Schedule A - Amount (if any) paid from other resources - Excess collections last year = Totalto be paid from taxes in 1999 + Amount added in anticipation that the unit will c:ollect only 100.00% of its taxes in 1999 SO = Total debt levy 51,813,952 This notice c:ontains a sununary of actual effec:tive and rollback tax rates' calculations. You can inspect a c:opy of the full calculations at City of La Porte 604 W. Fainnont Parkway, La Porte, Texas 77571. Name of person preparing this notic:e: Katherine R. Powell Title: Revenue Supervisor Date prepared: August 26, 1999 e 1999 Effective Tax Rate Worksh!t Entity Name: City of La Porte File Name: CLP Date: 9/8/99 (Note: Effective August 30, 1999. school districts are not required to calculate and publish an effective tax rate. School districts may complete this part, at their option, or may skip to the Rollback Tax Rate Worksheet.) 1. 9. 1998 total taxable value. Enter the amount of 1998 taxable value on the 1998 tax roll today. Include any adjustments since last year's certification; exclude the Section 25.25(d) one-third over-appraisal corrections from these adjustments. This value includes the taxable value of over-65 homesteads. $1,259.031,630 SCHOOL DISTRICTS. Enter 1998 taxable value of over-65 homesteads with tax ceilings. Other units enter "0". $0 Preliminary 1998 adjusted taxable value. Subtract line 2 from line 1. $1,259.031,630 1998 total tax rate (per $100). 0.71 1998 taxable value lost because court appeals of ARB decisions reduced 1998 appraised value. A. Original 1998 ARB values: $1.890,250 B. 1998 values resulting from final court decisions: - $1,890,250 C. 1998 value loss. Subtract B from A: $0 1998 taxable value, adjusted for court-ordered reductions. Add line 3 and line 5C. $1,259,031,630 1998 taxable value of property in territory the unit deannexed after January 1, 1998. Enter the 1998 value of property in deannexed territory, including any territory deannexed by the school district. $0 1998 taxable value lost because property first qualified for an exemption in 1999. Note that lowering the amount or percentage of an existing exemption does not create a new exemption or reduce taxable value. If the taxing unit increased an original exemption, use the difference between the original exempted amount and the increased exempted amount. Do not include value lost due to freeport exemptions or tax abatements. A. Absolute exemptions. Use 1998 market value: $282,720 B. Partial exemptions. 1999 exemption amount, or + $4.694.373 1999 percentage exemption times 1998 value: C. Value loss. Total of A and B: $4,977,093 1998 taxable value lost because property first qualified for agricultural appraisal (l-d or I-d-l), timber appraisal, recreational/scenic appraisal or public access airport special appraisal in 1999. Use only those properties that first qualified in 1999; do not use properties that qualified in 1998. A. 1998 market value: $0 B. 1999 productivity or special appraised value: - $0 C. Value loss. Subtract B from A: $0 Total adjustments for lost value. Add lines 7, 8C and 9C. $4.977,093 2. 3. 4. 5. 6. 7. 8. 10. Truth - in -Taxation - July 1999 Page: 1 e e 1999 Effective Tax Rate Worksheet Entity Name: City of La Porte File Name: CLP Date: 9/8/99 17. 1998 adjusted taxable value. Subtract line 10 from line 6. $1,254,054,537 Adjusredl998taxe~ Multiply line 4 times line 11 and divide by 100. $8,903,787 Taxes refunded for years p~eding tax year 1998: Enter the amount of taxes refunded during the last budget year for tax years preceding tax year 1998. Types of refunds include court decisions, Section 25.25(b) and (c) corrections, and Section 31.11 payment errors. Do not include refunds for tax year 1998. This provision applies only to tax years preceding tax year 1998, $41,788 Adjusted 1998 taxes with refunds. Add lines 12 and 13. $8,945.575 Total 1999 taxable value on the 1999 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. (School districts only adjust for the tax increment financing zone in the rollback rate calculation.) A. Certified values only: $1,234,048,180 B. Counties: Include railroad rolling stock values certified by the State Comptroller: + $0 C. Pollution control exemption: Deduct the value of property exempted for the current tax year for the first time as pollution control property (use this step based on attorney's advice): - $491,200 D. Add A and B. subtract C: $1,233,556,980 Total 1999 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. $26,521,631 SCHOOL DISTRICTS. Enter 1999 taxable value of over-65 homesteads with tax ceilings. Other units enter "0". $0 1999 total taxable value. Add lines 150 and 16. Subtract line 17. $1,260,078.611 Total 1999 taxable value of properties in territory annexed since January 1. 1998. Include both real and personal property. Enter the 1999 value of property in territory annexed, including any territory annexed by the school district. $0 11. 12. 13. 14. 15. 16. 18. 19. Truth - in -Taxation - July 1999 Page: 2 e e 1999 Effective Tax Rate Worksheet Entity Name: City of La Porte File Name: CLP Date: 9/8/99 11. 11. 13. 14. Total 1999 taxable value of new improvements and new personal property located in new improvements. "New" means the item was not on the appraisal roll in 1998. An improvement is a building, structure, fixture or fence erected on or affixed to land. A transportable structure erected on its owner's land is also included unless it is held for sale or is there only temporarily. New additions to existing improvements may be included if the appraised value can be determined. New personal property in a new improvement must (1) have been brought into the unit after January 1, 1998 and (2) be located in a new improvement. New improvements does include property on which a t3." abatement agreement has expired for 1999, New improvements do not include mineral interests produced for the first time, omitted property that is back assessed and increased appraisals on existing property. $44,959,400 Total adjustments to the 1999 taxable value. Add lines 19 and 20. $44,959,400 1999 adjusted taxable value. Subtract line 21 from line 18. $1,215,119,211 1999 eff~tive tax rate. Divide line 14 by line 22 and multiply by 100 (per $100). 0.73 COUNTIES ONLY. Add together the effective t3." rates for each type of t3." the county levies. The total is the 1999 county effective tax rate (per $100). 10. A county. city, or hospital district that adopted the additional sales tax in August or November 1998, or in January or May 1999, must adjust its effective tax rate. The Additional Sales Tax Rate Worksheet, immediately following the rollback worksheet, sets out this adjustment. Do not forget to complete the Additional Sales Tax Rate Worksheet if the taxing unit adopted the additional sales tax on these dates. Truth - in -Taxation - July 1999 Page: 3 e e 1999 Rollback Tax Rate Worksheet Entity Name: City of La Porte File Name: CLP Date: 9/8/99 25. 1998 maintenance and operations tax rate (per SI00). 0.57 26. 1998 adjusted taxable value. Enter the amount from line 11. SI 254054 537 27. 1998 maintenance and operations taxes. A. Multiply line 25 by line 26 and divide by 100: S7,148,11O B. Cities, counties and hospital districts with additional sales tax: Amount of additional sales tax collected on maintenance and operations in 1998. Enter amount from full year's sales tax revenue spent for M&O in 1998 fiscal year, if any. Other units, enter "0" . Counties exclude any amount that was spent for economic development grants from the amount of sales tax spent: + SO C. Counties: Enter the amount for the state criminal justice mandate. If second or later year, the amount is for increased cost above last year's amount. Other units. enter "0": + SO D. Transferring function: If discontinuing all or part of a department, function, or activity and transferring it to another unit by written contract, enter the amount spent by the unit discontinuing the function in the 12 months preceding the month of this calculation. If the unit did not operate this function for this 12-month period, use the amount spent in the last full fiscal year in which the unit operated the function. The unit discontinuing the function will subtract this amount in F below, The unit receiving the function will add this amount in F below. Other units, enter "0": +/- $0 E. Taxes refunded for years preceding tax year 1998: Enter the amount of M&O taxes refunded during the last budget year for tax years preceding tax year 1998. Types of refunds include court decisions, Section 25.2S(b) and (c) corrections, and Section 31.11 payment errors. Do not include refunds for tax year 1998. This provision applies only to tax years preceding tax year 1998: + $39,674 F. Total of A, B, C and E. For unit with D, subtract if discontinuing function and add if receiving func- tion. $7,187,784 Truth - in -Taxation - July 1999 Page: 1 e e 1999 Rollback Tax Rate Worksheet 18. SCHOOL DISTRICTS ONLY: Complete the Texas Education Agency's worksheet entitled Worksheet to Assist Districts in Calculating Rollback Rate for either a Education Code Chapter 41 or 42 school district. Enter amount on line 32 of the TEA worksheet for a Chapter 42 district. Enter amount on line 20 of the TEA worksheet for Chanter 41 district. 19. 1999 adjusted taxable value. A. Enter line 22 from the effective tax rate worksheet; school districts. enter line 18; if a school district did not complete the Effective Tax Rate Worksheet, the school district does the following steps (1) to (4) below. (1) Total 1999 taxable value on the 1999 certified appraisal roll today. This value includes only cerfied values and includes the ta.xable 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. (2) Total 1999 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 oftheproperties under protest, use the lowest of these values. Enter the total here. (3) 1999 taxable value of over-65 homesteads with tax ceilings. (4) 1999 taxable value. Add lines (1) and (2) and subtract (3) and enter above at A. B. School districts: Subtract the 1999 captured appraised value of real property taxable by the school district in a tax increment financing zone for which the 1999 taxes will be deposited into the tax increment fund; other units, enter "0." C. Subtract B from A: 30. 1999 calculated maintenance and operations rate. Divide line 27F by line 29C and multiply by 100. School districts: Divide line 28 by line 29C and multiply by 100 (per $100). 31. 1999 rollback maintenance and operation rate. County, cities and others: Multiply line 30 by 1.08. School districts: Add $0.03 to line 30 (per $100). Entity Name: City of La Porte File Name: CLP Date: 9/8/99 $1,215,119,211 $0 $0 $0 $0 $1,215,119,211 0.59 0.63 Truth - in -Taxation - July 1999 Page: 2 e e 1999 Rollback Tax Rate Worksheet Entity Name: City of La Porte File Name: CLP Date: 9/8/99 32. Total 1999 debt to be paid with property taxes and additional sales tax revenue. "Debt" means the interest and principal that will be paid on debts that (1) are paid by property taxes, (2) are secured by property taxes. (3) are scheduled for payment over a period longer than one year, and (4) are not classified in the unit's budget as maintenance and operations expenses. Debt also includes contractual payments to other taxing units that have incurred debts on behalf of this taxing unit, if those debts meet the four conditions above. Include only amounts that will be paid from property tax revenue (or additional sales tax revenue). Do not include appraisal district budget payments. List the debt in "Schedule B: Debt Service." If using unencumbered funds, subtract unencumbered fund amount used from total debt and list remainder here. School districts do not have a Schedule B requirement, effective August 30, 1999. School districts subtract state aid received for principal and interest on debt for facilities. $1.813,952 Certified 1998 excess debt collections. Enter the amount certified by the collector. $0 Adjusted 1999 debt. Subtract line 33 from line 32. $1,813,952 Certified 1999 anticipated collection rate. Enter the rate certified by the collector. If the rate is 100 percent or greater, enter 100 percent. 100.00% 1999 debt adjusted for collections. Divide line 34 by line 35. $1,813,952 1999 total taxable value. Enter the amount on line 18. School districts enter line 29C. $1,260,078,611 1999 debt tax rate. Divide line 36 by line 37 and multiply by 100 (per $100). 0.14 1999 rollback tax rate. Add lines 31 and 38 (per $100). 0.77 COUNTIES ONLY. Add together the rollback tax rates for each type of tax the county levies. The total is the 1999 county rollback tax rate, 33. 34. 35. 36. 37. 38. 39. 40. __ City of La Porte I Worksheet for Calculation of the 1999 Notice & He iog Limit * Entity Name: City of La Porte File Name: CLP Date: 9/8/99 1. 1998 adjusted taxable value. $1,259,031,630 Enter line 3 of the Effective Tax Rate Worksheet. 2. 1998 total tax rate (per $100). 0.71 Enter line 4 of the Effective Tax Rate Worksheet. 3. Taxes refunded for years preceding tax year 1998, $41.788 Enter line 13 of the Effective Tax Rate Worksheet. 4. Last year's levy. $8,980,912 Multiply line 1 times line 2 and divide by 100, To the result, add line 3. s. 1999 total taxable value. Enter Line 18 of $1,260,078,611 the Effective Tax Rate Worksheet. 6. 1999 Notice & Hearing Limit (per $100). 0.71 Divide line 4 by line 5 and multiply by 100, * The Notice & Hearing Limit is the highest tax rate that may be adopted without notices and a public hearing. e e City of La Porte GOVERNING BODY SUMMARY #1 Benchmark 1999 Tax Rates September 8, 99 TAX RATE DESCRIPTION OF TAX RATE PER $100 EFFECTNE TAX RATE 0.73 ONE PERCENT TAX INCREASE .. 0.73 ONE CENT PER $100 TAX INCREASE .. 0.74 NOTICE & HEARING LIMIT ... 0.71 ROLLBACK TAX RATE 0.77 LAST YEAR'S TAX RATE 0.71 PROPOSED TAX RATE 0.71 TAX ADDITIONAL LEVY * REVENUE $9,198,574 $0 $9,198,574 $0 $9.324,582 $126,008 $8,946,558 ($252,016) $9,702,605 $504,031 $8,946,558 ($252,016) $8,946,558 ($252,016) . Tax levies are calculated using line 18 of the Effective Tax Rate Worksheet. .. Tax increase compared to effective tax rate. ... Tu Nviism& HIhltiagjlilIling IiIDIe I1i~IuiSthBEflitet&atlin}MBtml'0ptkfihMt:hout notices and a public hearing. e e City of La Porte GOVERNING BODY SUMMARY #2 1999 Total Tax Levy According to Percentage Tax Rate Increase* September 8, 99 TAX RATE TAX ADDITIONAL PERCENTAGE INCREASE* PER $100 LEVY ** REVENUE 0.00% 0.73 $9,198,574 $0 0.50% 0.73 $9.198,574 $0 1.00 % 0.73 $9,198,574 $0 1.50 % 0.74 $9,324,582 $126,008 2.00% 0.74 $9,324.582 $126,008 2.50% 0.74 $9,324,582 $126,008 3.00% 0.75 $9,450,590 $252,016 3.50 % 0.75 $9,450,590 $252,016 4.00% 0.75 $9,450,590 $252,016 4.50% 0.76 $9.576,597 $378,023 5.00% 0.76 $9,576,597 $378,023 5.50% 0.77 $9,702,605 $504,031 6,00% 0.77 $9,702.605 $504,031 6.50% 0.77 $9,702,605 $504,031 7.00% 0.78 $9.828,613 . $630,039 7.50 % 0.78 $9,828,613 $630,039 8.00% 0,78 $9,828,613 $630,039 8.50% 0.79 $9,954,621 $756,047 9.00% 0.79 $9,954,621 $756,047 9.50 % 0.79 $9.954,621 $756,047 10.00 % 0.80 $10,080.629 $882,055 10.50 % 0.80 $10,080,629 $882,055 11.00 % 0.81 $10,206.637 $1,008,063 11.50 % 0.81 $10,206.637 $1,008,063 12.00 % 0,81 $10,206,637 $1,008,063 12.50 % 0.82 $10,332,645 $1,134,071 13.00 % 0,82 $10,332,645 $1,134,071 13.50 % 0.82 $10,332,645 $1,134,071 14.00 % 0.83 $10.458,652 $1,260,078 14.50 % 0.83 $10,458.652 $1.260,078 15.00 % 0.83 $10,458,652 $1,260,078 * Tax increase compared to effective tax rate. ** Tax levies are calculated using line 18 of the Effective Tax Rate Worksheet. City of La Porte GOVERNING BODY SUMMARY #3 1999 Total Tax Levy According To Tax Rate Increase In Cents Per $100* September 8, 99 e e TAX RATE TAX ADDITIONAL INCREASE IN CENTS PER $100 * PER $100 LEVY ** REVENUE 0.00 0.73 $9,198.574 $0 0.50 0.74 $9,261,578 $63.004 1.00 0.74 $9,324,582 $126,008 1.50 0,75 $9,387,586 $189,012 2.00 0,75 $9,450,590 $252.016 2.50 0,76 $9,513.594 $315,020 3.00 0.76 $9,576,597 $378,023 3.50 0.77 $9,639.601 $441,027 4.00 0,77 $9,702,605 $504,031 4.50 0.78 $9,765,609 $567,035 5,00 0.78 $9,828,613 $630,039 5.50 0,79 $9,891.617 $693,043 6.00 0.79 $9,954.621 $756,047 6.50 0.79 $10,017,625 $819,051 7.00 0.80 $10,080.629 $882,055 7.50 0.80 $10,143,633 $945,059 8.00 0.81 $10.206,637 $1,008,063 8.50 0.81 $10,269,641 $1,071,067 9.00 0.82 $10.332.645 $1,134,071 9.50 0.83 $10,395.649 $1,197,075 10.00 0.83 $10,458,652 $1,260,078 10.50 0.84 $10,521,656 $1,323,082 11.00 0.84 $10,584,660 $1,386,086 11.50 0.85 $10,647,664 $1,449,090 12.00 0.85 $10,710,668 $1,512,094 12.50 0.86 $10,773,672 $1,575,098 13.00 0,86 $10.836.676 $1,638,102 13.50 0.87 $10,899,680 $1,701,106 14.00 0.87 $10,962,684 $1,764,110 14.50 0.88 $11,025,688 $1,827,114 15.00 0.88 $11.088,692 $1,890,118 15.50 0.89 $11,151,696 $1,953.122 16.00 0.89 $11,214,700 $2,016,126 16.50 0.90 $11.277,704 $2,079,130 17.00 0.90 $11,340,707 $2.142,133 17.50 0.91 $11,403,711 $2,205,137 18.00 0.91 $11,466,715 $2,268,141 18.50 0.92 $11,529,719 $2,331,145 19.00 0.92 $11.592,723 $2,394,149 19.50 0.93 $11,655,727 $2,457,153 20.00 0.93 $11,718,731 $2,520,157 . Tax increase compared to effective tax rate. .. Tax levies are calculated using line 18 of the Effective Tax Rate Worksheet.