Page 64 - Trophy Club FY22 Budget

decisions, Tax Code Section 25.25(b) and (c) corrections and Tax Code Section 31.11
payment errors. Do not include refunds for tax year 2020. This line applies only to tax years
preceding tax year 2020. 8

10
17. Adjusted 2020 levy with refunds and TIF adjustment. Add Lines 15 and 16. $8,405,521
18. Total 2021 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. 11

A. Certified values:
$2,363,661,589
B. Counties: Include railroad rolling stock values certified by the Comptroller's office:
$0
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 $0
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 $20,435,925
into the tax increment fund. Do not include any new property value that will be included in
12
Line 23 below.
$2,343,225,664
E. Total 2021 value. Add A and B, then subtract C and D.

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

A. 2021 taxable value of properties under protest. The chief appraiser certifies a list of
properties still under ARB protest. The list shows the appraisal district's value and the
taxpayer's claimed value, if any, or an estimate of the value if the taxpayer wins. For each of $34,660,125
the properties under protest, use the lowest of these values. Enter the total value under
protest. 14

B. 2021 value of properties not under protest or included on certified appraisal roll. $116,253
The chief appraiser gives taxing units a list of those taxable properties that the chief
appraiser knows about, but are not included in the appraisal roll certification. These
properties also are not on the list of properties that are still under protest. On this list of
properties, the chief appraiser includes the market value, appraised value and exemptions for
the preceding year and a reasonable estimate of the market value, appraised value and
exemptions for the current year. Use the lower market, appraised or taxable value (as
appropriate). Enter the total value of property not on the certified roll. 15 $34,776,378

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 $398,376,116
in 2020 or a prior year for homeowners age 65 or older or disabled, use this step. 16

21. 2021 total taxable value. Add Lines 18E and 19C. Subtract Line 20. 17 $1,979,625,926
22. Total 2021 taxable value of properties in territory annexed after Jan. 1, 2020. $0
62 FY22 Approved Budget