Page 20 - City of Crowley FY22 Operating Budget

2021 Notice of No -New- Revenue Tax Rate
Worksheet for Calculation of Tax Increase/Decrease

Date: 08/ 06/ 2021
Entity Name: Crowley

1. 2020 taxable value, adjusted for actual and potential court- ordered adjustments.
Enter line 8 ofthe No-New-Revenue Tax Rate Worksheet, 1, 138, 240,802
2.2020 total tax rate.
Enter line 4 of the No -New- Revenue Tax Rate Worksheet. 0.699806.
3,Taxes refunded for years preceding tax year 2020.
Enter line 16 of the No -New- Revenue Tax Rate Worksheet. 50,368
4.Last year's levy.
Multiply Line 1 times Line 2 and divide by 100.
To the result, add Line 3. 8, 015,845
5.2021 total taxable value. Enter Line 21 of
the No- New - Revenue Tax Rate Worksheet. 1, 138,386,905
6.2021 no -new tax rate.
Enter line 26 of the No -New- Revenue Tax Rate Worksheet or Line 56
of the Additional Sales Tax Rate Worksheet. 0.693124
7.2021 taxes if a tax rate equal to the no- new - revenue tax rate is adopted.
Multiply Line 5 times Line 6 and divide by 100, 7, 890,433
8.Last year's total levy.
Sum of line 4 for all funds. 8, 015,845
9. 2021 total taxes if a tax rate equal to the no- new - revenue tax rate is adopted.
Sum of line 7 for all funds, 7, 890,433
IO.Tax Increase (Decrease).
125,412)
Subtract Line 8 from Line 9.