Page 37 - City of Lake Worth Ord 1220 FY22 Adopted Budget

the taxing unit for tax years preceding tax year 2020. Types of refunds include court

visions, Tax Code Section 25.25(b) and (c) corrections and Tax Code Section 31. 11

rrinent errors. Do not include refunds for tax year 2020. This line applies only to tax years

ceding tax year 2020.8

10
17. Adjusted 2020 levy with refunds and TIF adjustment. Add Lines 15 and 16. I $ 2,5533

18. Tota12021 taxable value on the 2021 certified appraisal roll today. This value

includes only certified values or certified estimate of values and includes the total taxable

value of homesteads with tax ceilings (will deduct in Line 20). These homesteads include

homeowners age 65 or older or disabled."

Certified values:
I $ 515

Counties: Include railroad rolling stock values certified by the Comptroller's office:

C. Pollution control and energy storage system exemption: Deduct the value of property

exempted for the current tax year for the first time. as pollution control or energy storage

system property:

D. Tax increment financing: Deduct the 2021 captured appraised value of property taxable

by a taxing unit in a tax increment financing zone for which the 2021 taxes will be deposited

into the tax increment fund. Do not include any new property value that will be included in

Line 23 below.12

I $ 515,693

Tota12021 value. Add A and B, then subtract C and D.

19. Total value of properties under protest or not included on certified appraisal ro11.13

2021 taxable value of properties under protest. The chief appraiser certifies a list of

perties still under ARB protest. The list shows the appraisal district's value and the $

2331

payer's claimed value, if any, or an estimate of the value if the taxpayer wins. For each of

properties under protest, use the lowest of these values. Enter the total value under

r+ 14

2021 value of properties not under protest or included on certified appraisal roll. $ 21,439

e chief appraiser gives taxing units a list of those taxable properties thatthe chief

praiser knows about, but are not included in the appraisal roll certification. These

perties also are not on the list of properties that are still under protest. On this list of

perties, the chief appraiser includes the market value, appraised value and exemptions for

preceding year and a reasonable estimate of the market value, appraised value and

mptions for the current year. Use the lower market, appraised or taxable value (as

15 $
ropriate). Enter the total value of property not on the certified roll. 44.618

C. Total value under protest or not certified: Add A and B.

20. 2021 tax ceilings. Counties, cities and junior colleges enter 2021 total taxable value of

homesteads with tax ceilings. These include the homesteads of homeowners age 65 or older

or disabled. Other taxing units enter 0. If your taxing units adopted the tax ceiling provision

ls
in 2020 or a prior year for homeowners age 65 or older or disabled, use this step.

2021 total taxable value. Add Lines 18E and 19C. Subtract Line 20.17

Ordinance No. 1220

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