Page 423 - Keller FY20 Approved Budget

ASSESSED VALUE AND LEVY ANALYSIS

2017-18 2018-19 2019-20
BUDGET BUDGET BUDGET

Total Assessed Value $ 5,547,767,380 $ 5,928,042,940 $ 6,201,052,393
% change 5.12% 6.85% 4.61%
Less Frozen Value 672,850,883 806,353,824 899,174,687
Less TIRZ Value 217,610,787 0 0
Net taxable value $ 4,657,305,710 $ 5,121,689,116 $ 5,301,877,706
% change 4.06% 9.97% 3.52%

Tax rate per $100 0.42750 0.41325 0.39990

Taxable Value levy 19,909,982 21,165,380 21,202,209
Levy on frozen properties 2,467,361 2,756,906 3,150,854

Tax levy $ 22,377,343 $ 23,922,286 $ 24,353,063

Estimated collection rate 99.25% 99.25% 99.25%

Estimated levy collection $ 22,209,513 $ 23,742,869 $ 24,170,415

% change 4.21% 6.90% 1.80%

Tax Rate Distribution
General Fund (M&O) $ 0.318985 $ 0.332943 $ 0.318276

Debt Service Fund (I&S) 0.108515 0.080307 0.081624

TOTAL 0.42750 0.41325 0.39990
% change (0.58)% (3.33)% (3.23)%
Dollar Distribution
General Fund (M&O) 16,882,737 19,660,642 19,875,273
Debt Service Fund (I&S) 5,326,775 4,082,227 4,295,142

TOTAL $ 22,209,513 $ 23,742,869 $ 24,170,415

TIRZ Levy
TIRZ Value 217,610,787 0 0

Tax rate per $100 0.42750 0.41325 0.39990
Estimated collection rate 99.25% 99.25% 99.25%

TOTAL $ 923,309 $ – $ –
% change 5.32% (100.00) % N / A
TOTAL ALL LEVY $ 23,132,822 $ 23,742,869 $ 24,170,415
% change 4.26% 2.64% 1.80%

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