Page 5 - City of Crowley FY22 Operating Budget

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2021 Tax Rate Calculation Worksheet

Crowley
201 E. Main Street
817 - 297 -2201
www. ci. crowIey. tx. us

No- New - Revenue Tax Rate
The NNR tax rate enables the public to evaluate the relationship between taxes for the prior year and for the
current year based on a tax rate that would produce the same amount of taxes ( no new taxes) if applied to the
same properties that are taxed in both years. When appraisal values increase, the NNR tax rate should
decrease.
The NNR tax rate for a county is the sum of the NNR tax rates calculated for each type of tax the county levies.

While uncommon, it is possible for a taxing unit to provide an exemption for only maintenance'and operations
taxes. In this case, the taxing unit will need to calculate the NNR tax rate separately for the maintenance and
operations tax and the debt tax, then add the two components together.
1. 2020 total taxable value. Enter the amount of 2020 taxable value on the 2020
tax roll today. Include any adjustments since last year's certification; exclude Tax
Code Section 25. 25(d) one - fourth and one -third over - appraisal corrections from
these adjustments, Exclude any property value subject to an appeal under
Chapter 42 as of July 25 (will add undisputed value in Line 6). This total includes
the taxable value of homesteads with tax ceilings (will deduct in Line 2) and the
captured value for tax increment financing (adjustment is made by deducting TIF
taxes, as reflected in Line 17). 1 1, 265, 148, 063
2. 2020 tax ceilings. Counties, Cities and Junior College Districts. Enter 2020 total
taxable value of homesteads with tax ceilings. These include the homesteads of
homeowners age 65 or older or disabled. Other units enter "0" If your taxing
units adopted the tax ceiling provision in 2020 or prior year for homeowners age
65 or older or disabled, use this step.2 136,002,956

3. Preliminary 2020 adjusted taxable value. Subtract line 2 from line 1. 1, 129, 145, 107
4. 2020 total adopted tax rate. 0. 699806/$ 100
5. 2020 taxable value lost because court appeals of ARB decisions reduced
2020 appraised value.
A. Original 2020 ARB values: $ 35, 176, 419
B. 2020 values resulting from final court
decisions: - $ 26, 080, 724
C. 2020 value loss. Subtract B from A.3 9, 095,695
6. 2020 taxable value subject to an appeal under Chapter 42, as of July 25.
A. 2020 ARB certified value: $ 0
B. 2020 dispuated value: _$ 0
C. 2020 undisputed value. Subtract B from A.4 0
7. 2020 Chapter 42 related adjusted values. Add Line 5C and Line 6C. 9, 095, 695
8. 2020 taxable value, adjusted for actual and potential court- ordered
adjustments.
Add line 3 and line 7. 1, 138, 240,802

1 Tex. Tax Code § 26.012( 14)
2 Tex. Tax Code § 26.012( 14)
3 Tex. Tax Code § 26.012( 13)
4 Tex. Tax Code § 26.012( 13)