Page 72 - FortWorthFY22AdoptedBudget

Budget Highlights

Total Appraised Value $116,686,701,862

Less
Disabled Veteran $567,743,718
Over 65 $1,620,845,255
Disabled/Over 65 $45,746,475
Homestead $7,024,489,959
Disabled Person $108,509,948
Inventory $3,602,834,907
Solar / Wind Power $480,078
Pollution Control $4,707,206
Foreign Trade Zone $728,156,454
Historic Sites $32,125,025
Community Housing Development $110,213,884
Abatement Value Loss $210,029,832
Nominal Value Accounts $8,291,787
Freeze Taxable (Denton/Parker) $11,449,131
Homestead Cap $0
Transfer Adjustment TAD $1,154,792
Misc Personal Property $298,984,390
Absolute Exemptions $11,710,951,239
Property Damaged by Disaster $5,001,206
Sub-Total Exemptions $26,091,715,286
Net Taxable Value $90,594,986,576
Less
Total Appraised Value of Properties Under Protest $5,589,477,506
Total Appraised Value of Incomplete Properties $1,674,902,075
Net Taxable Value (Certified) $83,330,606,995
Plus
Est. Minimum value of protest properties $3,102,219,311
Est. Minimum Taxable Value of Incomplete Properties $941,102,642
Adjusted Net Taxable Value $87,373,928,947

Tax Rate per $100 of Value $0.73250

Total Tax Levy $640,014,030

Less
Collection Rate 98.25%
Estimated Collection of Levy $628,813,784

Less
Less Levy Lost due to Frozen ($11,160,492)
Less Estimated TIF Contribution ($21,610,735)
Budgeted Revenues $596,042,557

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