Page 95 - Pantego Adopted Budget FY21

2020 Tax Rate Calculation Worksheet – Taxing Units Other Than School Districts or Water Districts Form 50-856

Line De Minimis Rate Worksheet Amount/Rate
67. 2020 total taxable value. Enter the amount on Line 21 of the No-New-Revenue Tax Rate Worksheet. $ 360,617,790

68. Rate necessary to impose $500,000 in taxes. Divide $500,000 by Line 67 and multiply by $100. $ 0.138650/$100

69. 2020 debt rate. Enter the rate from Line 46 of the Voter- Approval Tax Rate Worksheet. 0.049484
$ /$100
70. De minimis rate. Add Lines 66, 68 and 69. $ 0.663793/$100

SECTION 7: Total Tax Rate
Indicate the applicable total tax rates as calculated above.
0.435250
No-new-revenue tax rate ............................................................................................................................................................................. $ /$100
As applicable, enter the 2020 NNR tax rate from: Line 26, Line 27 (counties), or Line 54 (adjusted for sales tax).
Voter-approval tax r a t e . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ ...... 0.452299 /$100
As applicable, enter the 2020 voter-approval tax rate from: Line 47, Line 48 (counties), Line 56 (adjusted for sales tax),
Line 60 (adjusted for pollution control), or Line 65 (adjusted for unused increment).
0.663793
De minimis rate. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ ...... /$100
If applicable, enter the de minimis rate from Line 70.

SECTION 8: Taxing Unit Representative Name and Signature
Enter the name of the person preparing the tax rate as authorized by the governing body of the taxing unit. By signing below, you certify that you are the designated officer or
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employee of the taxing unit and have calculated the tax rates in accordance with requirements in Tax Code.

Sean P. Smith
Printed Name of Taxing Unit Representative

Taxing Unit Representative Date

44 Tex. Tax Code § 26.04(c)

For additional copies, visit: comptroller.texas.gov/taxes/property-tax Page 8