Page 141 - CityofEulessFY26AdoptedBudgetOrdinance2432

PROPERTY TAXES

Estimated Revenues FY26

Operating & Maintenance Debt Service
Adj. Net Taxable Value Assessed 6, 259, 970, 531 6, 259, 970, 531
TIF Increment Value 390, 666, 036 390, 666, 036
Proposed Tax Rate per $ 100 Valuation 0. 389430 0. 087036
Estimated Tax Levy 25, 899, 574 5, 788, 448
TIF Distribution 1, 527, 114 341, 304
Est. Percent of Collection ( O& M and I& S) 98. 00% 100. 00%
Sub Total 23, 885, 011 5, 447, 144
Ceiling Revenues 1, 679, 365 375, 331
Estimated Fund Collections 25, 564, 375 5, 822, 475

Proposed Fund Distribution
Additional
Rate Percent Amount Sales Tax Total
Operating & Maintenance - General Fund 0. 389430 81. 73% 25, 564, 375 3, 871, 640 $ 29, 436, 015
Interest and Sinking - Debt Service Fund 0. 087036 18. 27% 5, 822, 475 5, 822, 475
TOTAL 0. 476466 100. 00% 31, 386, 851 3, 871, 640 $ 35, 258, 491

Ten Year Breakdown of Tax Rate'
0. 600000

0.500000

0. 400000
Valuation 0. 300000

100

Per $ 0.200000

Cents 0. 100000

0. 000000
2017 2018 2019 2020 2021 2022 2023 2024 2025 Proposed 2026
I Interest & Sinking Operating & Maintenance'

Fiscal Operating & Interest & Total
Year Maintenance Sinking Tax Rate

2017 0. 363053 0. 099447 0. 462500
2018 0. 361056 0. 101444 0.462500
2019 0. 371710 0. 090790 0. 462500
2020 0. 377974 0. 084526 0. 462500
2021 0. 381954 0. 080546 0. 462500
2022 0. 402888 0. 072112 0. 475000
2023 0. 370847 0. 089153 0. 460000
2024 0. 362697 0. 094803 0. 457500
2025 0. 365289 0. 081411 0. 446700
Proposed 2026 0. 389430 0. 087036 0. 476466

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Ordinance No. 2432, Page 135 of 474