Page 138 - Hurst FY19 Approved Budget

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SOURCE OF AD VALOREM TAXES

Business
Personal
Property
8% � � � � � � � �

Residential
Commercial 54%
37%

Industrial Etc.
1%

Source: TAD July 2018 Certi ed Tax Roll

Residential properties provide the majority of tax revenue for the City. Personal, mineral,
and real properties associated with commercial, industrial, and agricultural entities
provide the remainder of the ad valorem tax revenue. The appraised values for each
category are listed as follows:

2018 Property Category Appraised Value
Residential $2,122,929,773
Commercial $1,473,485,508
Industrial, Agricultural & Mineral Lease $ 16,273,677
Business Personal Property $334,610,457
Total Property Appraised Value (Before Protests and Exemptions) $3,947,299,415

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