Page 73 - FortWorthFY23AdoptedBudget

Budget Highlights

Total Appraised Value $133,177,031,015

Less
Disabled Veteran $726,741,804
Over 65 $1,696,911,946
Disabled/Over 65 $56,894,425
Homestead $8,049,136,967
Disabled Person $103,884,864
Inventory $4,565,791,567
Solar / Wind Power $5,898,827
Pollution Control $10,948,360
Foreign Trade Zone $863,190,150
Historic Sites $22,782,353
Community Housing Development $123,750,046
Abatement Value Loss $126,984,036
Nominal Value Accounts $12,891,341
Freeze Taxable (Denton/Parker) $10,562,911
Transfer Adjustment TAD $1,272,158
Misc Personal Property $371,056,950
Absolute Exemptions $12,980,548,162
Property Damaged by Disaster $5,001,206
Sub-Total Exemptions $29,733,225,371
Net Taxable Value $103,443,805,644
Less
Total Appraised Value of Properties Under Protest $5,454,382,939
Total Appraised Value of Incomplete Properties $2,860,552,368
Net Taxable Value (Certified) $95,128,870,337
Plus
Est. Minimum value of protest properties $3,196,253,096
Est. Minimum Taxable Value of Incomplete Properties $1,748,416,371
Adjusted Net Taxable Value $100,073,539,805

Tax Rate per $100 of Value $0.71250

Total Tax Levy $713,023,971

Less
Collection Rate 98.50%
Estimated Collection of Levy $702,328,612

Less
Less Levy Lost due to Frozen ($13,687,852)
Less Estimated TIF Contribution ($24,646,281)
Budgeted Revenues $663,994,479

Page 73 of 623