Page 47 - City of Fort Worth Budget Book

Budget Highlights Revenue Highlights

Total Appraised Value $ 155,936,572,617

Less
Disabled Veteran 942,893,749
Over 65 2,542,873,304
Disabled/Over 65 91,344,250
Homestead 8,968,619,639
Disabled Person 143,701,216
Inventory 6,730,590,364
Solar / Wind Power 466,261
Pollution Control 11,843,300
Foreign Trade Zone 1,230,744,753
Historic Sites 19,554,856
Community Housing Development 138,693,709
Abatement Value Loss 289,515,879
Nominal Value Accounts 11,165,898
Freeze Taxable (Denton/Parker) 12,583,720
Homestead Cap 0
Transfer Adjustment TAD 2,074,319
Misc Personal Property 588,160,956
Absolute Exemptions 16,284,701,135
Property Damaged by Disaster 4,275,132
Sub-Total Exemptions 38,014,112,003
Net Taxable Value $ 117,922,460,614
Less
Total Appraised Value of Properties Under Protest $ 5,733,709,358
Total Appraised Value of Incomplete Properties $ 1,148,902,061
Net Taxable Value (Certified) $ 111,039,849,195
Plus
Est. Minimum value of protest properties $ 3,868,359,038
Est. Minimum Taxable Value of Incomplete Properties $ 822,433,892
Adjusted Net Taxable Value $ 115,730,642,125

Tax Rate per $100 of Value $ 0.67250

Total Tax Levy $ 778,288,568

Less
Collection Rate 98.5 %
Estimated Collection of Levy $ 766,614,240

Less
Less Levy Lost due to Frozen $ (9,771,708)
Less Estimated TIF Contribution $ (21,292,977)
Budgeted Revenues $ 735,549,555

Page 47