Page 41 - City of Lake Worth Ord 1220 FY22 Adopted Budget

Subtract B from A and divide by Line 32 and multiply by $100. 0. 000000/$ 1

B by 0.08 and divide by Line 32 and multiply by $100.

Enter the lessor of C and D, if applicable. If not applicable, enter 0.

38. Rate adjustment for defending municipality. This adjustment only applies to a

municipality that is considered to be a defending municipality for the current tax year under

Chapter 109, Local Government Code. Chapter 109, Local Government Code only applies to

municipalities with a population of more than 250,000 and includes a written determination

by the Office of the Governor. See Tax Code 26.0444 for more information.

A. Amount appropriated for public safety in 2020. Enter the amount of money

appropriated for public safety in the budget adopted by the municipality for the preceding

fiscal year

Expenditures for public safety in 2020. Enter the amount of money spent by the

Municipality for public safety during the preceding fiscal year.

0.000000/$ 100

C. Subtract B from A and divide by Line 32 and multiply by $100.

Enter the rate calculated in C. If not applicable, enter 0.

0.000000/$

Adjusted 2021 NNR M& O rate. Add Lines 33, 34D, 35D, 36E, and 37E. Subtract Line

0. 197946/$ 1

0. Adjustment for 2020 sales tax specifically to reduce property values. Cities, counties

M hospital districts that collected and spent additional sales tax on M&O expenses in 2020

iould complete this line. These entities will deduct the sales tax gain rate for 2021 in

ection 3. Other taxing units, enter zero.

A. Enter the amount of additional sales tax collected and spent on M&O expenses in 2020, if

any. Counties must exclude any amount that was spent for economic development grants

from the amount of sales tax spent.

0. 000000/$ 1

Divide Line 40A by Line 32 and multiply by $100.

Add Line 40B to Line 39.

2021 voter -approval M& O rate. Enter the rate as calculated by the appropriate

nario below.

ecial Taxing Unit. If the taxing unit qualifies as a special taxing unit, multiply Line 40C

1.08. 0.204874/$100I

or -

Other Taxing Unit. If the taxing unit does not qualify as a special taxing unit, multiply Line

40C by L035.

D41, Disaster Line 41 ( D41): 2021 voter -approval M&O rate for taxing unit affected by

disaster declaration. If the taxing unit is located in an area declared a disaster area and at

least one person is granted an exemption under Tax Code Section 11.35 for property located

in the taxing unit, the governing body may direct the person calculating the voter -approval

Ordinance No, 1220

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