Page 414 - Keller Budget FY21

ASSESSED VALUE AND LEVY ANALYSIS

2019-20 2019-20 2020-21
BUDGET BUDGET BUDGET
Total Assessed Value $ 5,928,042,940 $ 6,201,052,393 $ 6,106,325,212
% change 6.85% 4.61% (1.53)%
Less Frozen Value 806,353,824 899,174,687 934,912,645
Less TIRZ Value 0 0 0

Net taxable value $ 5,121,689,116 $ 5,301,877,706 $ 5,171,412,567
% change 9.97% 3.52% (2.46)%

Tax rate per $100 0.41325 0.39990 0.39500

Taxable Value levy 21,165,380 21,202,209 20,427,080
Levy on frozen properties 2,756,906 3,150,854 3,305,916
Tax levy $ 23,922,286 $ 24,353,063 $ 23,732,996

Estimated collection rate 99.25% 99.25% 99.25%

Estimated levy collection $ 23,742,869 $ 24,170,415 $ 23,554,998
% change 6.90% 1.80% (2.55)%

Tax Rate Distribution
General Fund (M&O) $ 0.332943 $ 0.318276 $ 0.324190
Debt Service Fund (I&S) 0.080307 0.081624 0.070810
TOTAL 0.41325 0.39990 0.39500
% change (3.33)% (3.23)% (1.23)%

Dollar Distribution
General Fund (M&O) 19,660,642 19,875,273 19,920,585
Debt Service Fund (I&S) 4,082,227 4,295,142 3,661,877
TOTAL $ 23,742,869 $ 24,170,415 $ 23,582,462
% change 2.64% 1.80% (2.43)%

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