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Finance - 2013 Property tax rates - 8-5-13PUBLISHER'S AFFIDAVIT OF PUBLICATION THE STATE OF TEXAS, County of Walker I, Rita Haldeman, of the aforesaid County and State, do solemnly swear that I am the Publisher of The Huntsville Item, a daily newspaper of general circulation which has been continuously and regularly published at Huntsville, Walker County, Texas, and is a legal newspaper and the attached notice was published in said newspaper. City of Huntsville 1 consecutive/subsquent dates previous to the return day therof to wit: On 5 -Aug 2013 On 2013 On 2013 On 2013 On 2013 On 2013 On 2013 On 2013 Subscribed and sworn to this 5th (Seal) Publisher day of August 2013 "-Notary Public, Walker County, Texas NINA HANSEN My Commission Expires January 27. 2017 8/1/13 Print Subject: City of Huntsville Publication From: Stacey Poteete (stacey_wcad@sbcglobal.net) To: nina2hansen@yahoo.com; Cc: sritter@h untsvilletx.gov; Date: Wednesday, July 31, 2013 7:10 PM Nina, Good evening, here is a second publication request. This one is for the City of Huntsville. Please see the attachment for their Effective Rate publication. I have attached it in both word and pdf formats - again, just in case. Publication requirements (Statutorily Required) Must be at least 8 -point type May appear in any section of the newspaper Please advise what your first available date for publication is and if you will run this in that slot. Thank You, Stacey Stacey M Poteete, RPA, RTA, CTA Asci rant Chief Appraiser, walker CAI) stacey_wcad@sbcglobal.net cell: 936-577-0771 office: 936-295-0402 ext..1 I fax: 936-295-0222 about:blank 1/1 2013 Property Tax Rates in Huntsville City This notice concerns 2013 properly tax rates for Huntsville City. It presents information about three tax rates. Last year's tax rate is the actual rate the taxing unit used to determine property taxes last year. This yeafs efeclive 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 of property value. Last year's tax rate: Last year's operating taxes $3,429,012 Last year's debt taxes $2,036,097 Last year's total taxes $5,435, 009 Last year's tax base $1,134,508,332 Last year's total tax rate 0 420600/$100 This year's effective tax rate: Last year's adjusted taxes (after subtracting taxes on lost property) $5,141,706. This year's adjusted tax base (after subtracting value of new property) $1,127,001,263 =This year's effective tax rate 0.4562001$100 This year's rollback tax rate: Last year's adjusted operating taxes (after subtracting taxes on lost property and adjusting for any transferred function, tax increment financing, state criminal justice mandate and/or enhanced indigent health care expenditures) 85,328,165 +This year's adjusted tax base $1,127.001,263 =This year's effective operating rate 0.472700/$100 x1.08 = this year's maximum operating rate 0.510500/$100 +This year's debt rate 0.128600/$100 =This year's rollback rate 0.639100/$100 A hospital district or city that collects the additional sales tax to reduce property taxes, including one that collects the tax for the first time this year, must insert the following lines: -Sales tax adjustment rate 0.188800/$100 =Rollback tax rate 0A50300/$100' Statement of Increase/Decrease if Huntsville City adopts a 2013 tax rate equal to the effective tax rate of 0.456200 per $100 of value, taxes would decrease compared to 2012 taxes by $ 10,967. Schedule 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 of Property Tax Fund Balance General Fund 8,072,087 Debt Service Fund 325,824 Street 632,000 Schedule B: 2013 Debt Service: The unit plans to pay the following amounts for long-term debts that are secured by property taxes. These amounts will be paid from property tax revenues (or additional sales tax revenues, if applicable). Description Principal or Contract Payment to Interest to be Paid from Other Amounts to be Total of Debt be Paid from Property Taxes Property Taxes Paid Payment Capital 1,548,198 524,464 0 2,072,662 Projects Total required for 2013 debt service $2,072,662 Amount (if any) paid from funds listed in Schedule A $280,000 Amount (if any) paid from other resources $325,000 Excess collections last year $0 Total to be paid from taxes in 2013 81,467,662 + Amount added in anticipation that the unit will collect only 100.000000% of its taxes in 2013 $0 = Total Debt Levy $1,467,662 Schedule C - Expected Revenue from Additional Sales Tax (For hospital districts, cities, and counties with additional sales tax to reduce property taxes) in calculating its effective and rollback tax rates, the unit estimated that it will receive $ 2,155,445 in additional sales and use tax revenues. For County: The County has excluded any amount that is or will be distributed for economic development grants from this amount of expected sales tax revenue. This notice contains a summary of actual effective and rollback tax rates' calculations. You can inspect a copy of the full calculations at 1819 Sycamore, Huntsville, TX 77340. Name of person preparing this notice: Stacey M. Poteete Title: Asst. Chief Appraiser Date prepared August 1, 2013 2013 Property Tax Rates in Huntsville city This notice concerns 2013 property tax rates for Huntsville City.. It presents information about three tax rates. Last year's tax rate is the actual rate the taxing unit used to determine property taxes last year. This year'seffective 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 taxingunit can set before taxpayers can start tax rollback procedures. In each case these rates are found by dividing thetotal 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 of property value. Last year's tax rate: Last year's operating taxes $3,429,012 Last year's debt taxes 52,036,097 Last year's total taxes $5,465,109 Last year's tax base $1,134,508,332 Last year's total tax rate 0.4206005100 This year's effective tax rate: Last year's adjusted taxes (after subtracting taxes on lost property) $5,141,706 -This year's adjusted tax base (atter subtracting value of new property) $1,127,001263 =This year's effective tax rate 0.456200,'$100 This year's rollback tax rate: Last year's adjusted operating taxes (after subtracting taxes on lost property and adjusting for any transferred function; taiinerement financing, state criminal justice mandate andlor enhanced indigent health care expenditures) S5,328,165 Thisyear's adjusted tax base $1,127,001,263 =This year's effective operating rate 0.472700;$.100 x1.08 = this year's maximum operating. rate 0.510500/$100 +This year's debt rate 0.128600!$100 =This year's rollback rate 0.639100/5100 A hospital district or city that collects the additional sales tax to reduce properly taxes, including one that collects the tax for the first time this year, must insert the following lines: -Sales tax adjustment rate. 0.1888005100 =Rollback tax rate 0.4503005100 Statement of. Increase/Decrease If Huntsville City adopts a 2013 tax rate equal to the effective tax rate of 0.456200 per $100 of value, taxes would decrease compared to 2012 taxes by $ 10,967. Schedule 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 of Property Tax Fund Balance General Fund 8,072,087 • Debt Service Fund 325,824 Street 632,000 Schedule B: 2013 Debt Service: The unit plans to pay the following amounts for long-term debts that are secured by property taxes. These amounts will be paid from property tax revenues (or additional sales tax revenues, if applicable). Description Principal or Contract Payment to interest to be Paid from Other Amounts to be Total • of Debt be Paid from Property Taxes Property Taxes Paid Payment Capital 1,548,198 524,464 0 2,072,662 Pr6jects Total required for 2013 debt service $2,072,662 - Amount (if any) paid from funds listed in Schedule A $280,00( Amount (if any). paidfrom other resources $325.00( - Excess collections last year $( = • Total to be paid from taxes in 2013 . $1,467,662 + Amount added in anticipation that the unit will collect only 100.000000% of its taxes in 2013 " $( Total Debt Levy Schedule C - Expected Revenue from Additional Sales Tax (For hospital districts, cities, and counties with additional sales tax to reduce property taxes) in calculating its effective and rollback tax rates, the unit estimated that it will receive $ 2,155,445 in additional sales and use tax revenues. For County: The County has excluded any amount that is or will be distributed for economic development grants from this amount of expected sales tax revenue. This notice contains a summary of actual effective and rollback tax rates' calculations. You can inspect a copy of 81,467,662 the full calculations at 1819 Sycamore,Huntsville, TX 77340. Name of person preparing this notice: Stacey M. Poteete Title:' AsSt, Chief Appraiser Date prepared August 1, 2013