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HomeMy WebLinkAboutRes 21-29 Adopting a max proposed ad valorem tax rate, record vote, set PH dateTOWN OF WESTLAKE RESOLUTION NO.21-29 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS, ADOPTING A MAXIMUM PROPOSED AD VALOREM TAX RATE; TAKE A RECORD VOTE; PROVIDING AN EFFECTIVE DATE; AND SETTING THE DATE FOR THE PUBLIC HEARING AND ADOPTION OF THE OPERATING BUDGET AND TAX RATE FOR FISCAL YEAR 2020-2021. WHEREAS, the Council has approved the Certified Tax Rolls provided by the Tarrant and Denton County Appraisal Districts; and WHEREAS, the Town's appointed employee has calculated the 2021 No -New -Revenue Tax Rate and the 2021 Voter -Approval Tax Rate in accordance with Senate Bill 2 provisions using certified values; and WHEREAS, the Town's 2021 maximum proposed ad valorem tax rate for FY 2021-2022 is $0.22181 per $100 valuation; and WHEREAS, the public hearing date is set for September 13, 2021, at 5:00 p.m., and WHEREAS, the Town may not adopt a rate that exceeds the maximum proposed rate without a new resolution and/or election as applicable; and WHEREAS, all legal prerequisites for the adoption of this resolution have been met, including but not limited to the Local Government Code, the Open Meetings Act, and the Texas Tax Code; and WHEREAS, the Town Council finds that the passage of this Resolution is in the best interest of the citizens of Westlake. NOW THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF WESTLAKE, TEXAS: SECTION 1: That, all matters stated in the Recitals hereinabove are found to be true and correct and are incorporated herein by reference as if copied in their entirety. SECTION 2: That the 2021 maximum proposed tax rate of $0.22181 per $100 valuation is hereby approved and the vote recorded. SECTION 3: That, if any portion of this Resolution shall, for any reason, be declared valid by any court of competent jurisdiction, such invalidity shall not affect the remaining provisions hereof and the Council hereby determines that it would have adopted this Resolution without the invalid provision. Resolution 21-29 Page 1 of 2 SECTION 4: That this resolution shall become effective from and after its date of passage. PASSED AND APPROVED ON THIS 23rd DAY OF AUGUST 2021. ATTEST: Todd Wood, Town Secretary APPROVED AS TO FORM: L. S Town Attorney Laura L Wheat, Mayor AW4K IL Amanda DeGan, Town Manager ,�OF WEST rEX P5- Resolution 21-29 Page 2 of 2 2021 Tax Rate Calculation Worksheet Date: 08/18/2021 12.45 PM Taxing Units Other Than School Districts or Water Districts Town of Westlake 817-430-0941 Taxing Unit Name Phone (area code and number) 1500 Solana Boulevard, Bldg.7, Suite 7200 Westlake-TX.org Taxing Units Address, City, State, ZIP Code Taxing Units Website Address GENERAL INFORMATION: Tax Code Section 26.04(c) requires an officer or employee designated by the governing body to calculate the No -New -Revenue (NNR) tax rate and Voter - Approval tax rate for the taxing unit These tax rates are expressed in dollars per $100 of taxable value calculated. The calculation process starts after the chief appraiser delivers to the taxing unit the certified appraisal roll and the estimated values of properties under protest. The designated officer or employee shall certify that the officer or employee has accurately calculated the tax rates and used values shown for the certified appraisal roll or certified estimate. The officer or employee submits the rates to the governing body by Aug. 7 or as soon thereafter as practicable. School districts do not use this form, but instead use Comptroller Form 50-859 Tax Rate Calculation Worksheet, School Districts without Chapter 313 Agreements or Comptroller Fonn 50-884 Tax Rate Calculation Worksheet, School District with Chapter 313 Agreements. Water districts as defined under Water Code Section 49.001(1) do not use this form, but instead use Comptroller Form 50-858 Water District Voter -Approval Tax Rate Worksheet for Low Tax Rate and Developing Districts or Comptroller Form 50-860 Developed Water District Voter -Approval Tax Rate Worksheet. The Comptroller's office provides this worksheet to assist taxing units in determining tax rates. The information provided in this worksheet is offered as technical assistance and not legal advice. Taxing units should consult legal counsel for interpretations of law meardinit tax rate attestation and adoption. SECTION 1: No -New -Revenue Tax Rate e NNR tax rate enables the public to evaluate the relationship between taxes for the prior year and for the current year based on a tax rate that would produce the same amount of taxes no new taxes) if applied to the same properties that are taxed in both years. When appraisal values increase, the NNR tax rate should decrease. e NNR tax rate for a county is the sum of the NNR tax rates calculated for each type of tax the county levies. While uncommon, it is possible for a taxing unit to provide an exempfron for only maintenance and operations taxes. In this case, the taxing unit will need to calculate the NNR tax rate separatcIv for the maintenance and operations tax and the debt tax then add the two components together. No -New -Revenue Tax Rate Worksheet mount/Rate 1.2020 total taxable value. Enter the amount of 2020 taxable value on the 2020 tax roll today. Include any adjustments since last year's certification; exclude Tax Code Section 25.25(d) one-fourth and one-third over -appraisal corrections from these adjustments. Exclude any property value subject to an appeal under Chapter 42 as of July 25 (will add $1,631,266,552 undisputed value in Line 6). This total includes the taxable value of homesteads with tax ceilings (will deduct in Line 2) and the captured value for tax increment financing (adjustment is made by deducting TIF taxes, as reflected in Line 17).1 j 2.2020 tax ceilings. Counties, cities and junior college districts. Enter 2020 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 $137,774,414 provision in 2020 or a prior year for homeowners age 65 or older or disabled, use this step. 2 3. Preliminary 2020 adjusted taxable value. Subtract Line 2 from Line 1. $1,493,492,138 4. 2020 total adopted tax rate. $0.16788/$100 �5.2020 taxable value lost because court appeals of ARB decisions reduced 2020 appraised value. $4,875,337 A. Original 2020 ARB values: B. 2020 values resulting from final court decisions: $2,987,973 C. 2020 value loss. Subtract B from A.3 $1,887,364 6.2020 taxable value subject to an appeal under Chapter 42, as of July 25. $19,882,893 A. 2020 ARB certified value: B. 2020 disputed value: $2,385,947 C. 2020 undisputed value. Subtract B from A.4 $17,496,946 7.2020 Chapter 42 related adjusted values Add Line 5C and Line 6C. $19,384,310 8.2020 taxable value, adjusted for actual and potential court -ordered adjustments. $1,512,876,448' Add Line 3 and Line 7. 9.2020 taxable value of property in territory the taxing unit deannexed after Jan.1, 2020. Enter the 2020 value of property in deannexed territory.5 $0 10.2020 taxable value lost because property first qualified for an exemption in 2021. If he taxing unit increased an original exemption, use the difference between the original exempted amount and the increased exempted amount. Do not include value lost due to freeport, goods -in -transit, temporary disaster exemptions. Note that lowering the amount or percentage of an existing exemption in 2021 does not create a new exemption or reduce taxable value. $0 A. Absolute exemptions. Use 2020 market value: B. Partial exemptions. 2021 exemption amount or 2021 percentage exemption times 2020 $9,922,398 value: C. Value loss. Add A and B.5 $9,922,398 11. 2020 taxable value lost because property first qualified for agricultural appraisal (1-d or 1-d-1), timber appraisal, recreational/scenic appraisal or public access airport special appraisal in 2021. Use only properties that qualified in 2021 for the first time; do of use properties that qualified in 2020. A. 2020 market value: $0 B. 2021 productivity or special appraised value: $0 C. Value loss. Subtract B from A.7 $0 12. Total adjustments for lost value. Add lines 9, IOC and 11C. $9,922,398 13. 2020 captured value of property in a TIF. Enter the total value of 2020 captured appraised value of property taxable by a taxing unit in a tax increment financing zone for which 2020 taxes were deposited into the tax increment fund.$ If the taxing unit has no $0 captured appraised value in line 18D, enter 0. 14.2020 total value. Subtract Line 12 and Line 13 from Line 8. $1,502,954,050 15. Adjusted 2020 total levy. Multiply Line 4 by Line 14 and divide by $100. $2,523,159 16. Taxes refunded for years preceding tax year 2020. Enter the amount of taxes refunded y the taxing unit for tax years preceding tax year 2020. Types of refunds include court decisions, Tax Code Section 25.25(b) and (c) corrections and Tax Code Section 31.11 $73,536 payment errors. Do not include refunds for tax year 2020. This line applies only to tax years receding tax year 2020.8 17. Adjusted 2020 levy with refunds and TIF adjustment. Add Lines 15 and 16.10 $2,596,695 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." A. Certified values: $1,664,104,380 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 system property: $0 D. Tax increment financing: Deduct the 2021 captured appraised value of property taxable y a taxing unit in a tax increment financing zone for which the 2021 taxes will be deposited into the tax increment fund. Do not include any new property value that will be included in Line 23 below.12 $0 E. Total 2021 value. Add A and B, then subtract C and D. $1,664,104,380 19. Total value of properties under protest or not included on certified appraisal roll.13 $63,120,069 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 axpayer's claimed value, if any, or an estimate of the value if the taxpayer wins. For each of the properties under protest, use the lowest of these values. Enter the total value under protest. 14 $53,147,821 B. 2021 value of properties not under protest or included on certified appraisal roll. 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 he 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 C. Total value under protest or not certified: Add A and B. $116,267,890 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 $124,230,822 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 $1,656,141,448 22. Total 2021 taxable value of properties in territory annexed after Jan.1, 2020. Include both real and personal property. Enter the 2021 value of property in territory $0 annexed.18 23. Total 2021 taxable value of new improvements and new personal property located in new improvements. New means the item was not on the appraisal roll in 2020. An improvement is a building, structure, fixture or fence erected on or affixed to land. New additions to existing improvements may be included if the appraised value can be $105,572,501 determined. New personal property in a new improvement must have been brought into the axing unit after Jan. 1, 2020, and be located in a new improvement. New improvements do include property on which a tax abatement agreement has expired for 2021.19 24. Total adjustments to the 2021 taxable value. Add Lines 22 and 23. $105,572,501 25. Adjusted 2021 taxable value. Subtract Line 24 from Line 21. $1,550,568,947 26.2021 NNR tax rate. Divide Line 17 by Line 25 and multiply by $100.20 $0.16746/$100 7. COUNTIES ONLY. Add together the NNR tax rates for each type of tax the county Ilevies. The total is the 2021 county NNR tax rate.21 I I 'Tex. Tax Code Section 26.012(14) ZTex. Tax Code Section 26.012(14) 3Tex. Tax Code Section 26.012(13) 4Tex. Tax Code Section 26.012(13) 5Tex. Tax Code Section 26.012(15) 6Tex. Tax Code Section 26.012(15) 7Tex. Tax Code Section 26.012(15) $Tex. Tax Code Section 26.03(c) 9Tex. Tax Code Section 26.012(13) 'OTex. Tax Code Section 26.012(13) 1' Tex. Tax Code Section 26.012,26.04(c-2) 12rex. Tax Code Section 26.03(c) 13Tex. Tax Code Section 26.01(c) and (d) 14Tex. Tax Code Section 26.01(c) 15Tex. Tax Code Section 26.01(d) 16Tex. Tax Code Section 26.012(6)(b) 1 7Tex. Tax Code Section 26.012(6) '$Tex. Tax Code Section26.012(17) 19Tex. Tax Code Section 26.012(17) ZTex. Tax Code Section 26.04(c) 2'Tex. Tax Code Section 26.04(d) 22Reser ed for expansion 23Tex. Tax Code Section 26.044 241ex. Tax Code Section 26.0441 SECTION 2: Voter -Approval Tax Rate e voter -approval tax rate is the highest tax rate that a taxing unit may adopt without holding an election to seek voter approval of the rate. The voter -approval tax rate is split into two separate rates: 1. Maintenance and Operations W&O) Tax Rate: The M&O potion is the tax rate that is needed to raise the same amount of taxes that the taxing unit levied in the prior year plus the applicable percentage allowed by law. This rate accounts for such things as salaries, utilities and day-to-day operations 2. Debt Rate: he debt rate includes the debt service necessary to pay the taxing unit's debt payments in the coming year. This rate accounts for principal and interest on bonds and other debt secured by property tax revenue. The Voter -Approval tax rate for a county is the sum of the Voter -Approval tax rates calculated for each type of tax the county levies. In most cases the Voter -Approval tax rate exceeds he No -New -Revenue tax rate, but occasionally decreases in a taxin unit's debt service will cause the NNR tax rate to be higher than the voter -arm royal tax rate. Voter -Approval Tax Rate WorksheetAmount/Rate 28. 2020 M&O tax rate. Enter the 2020 M&O tax rate. $0.12490/$100 29.2020 taxable value, adjusted for actual and potential court -ordered adjustments. Enter the amount in Line 8 of the No -New -Revenue Tax Rate Worksheet. $1,512,876,448 30. Total 2020 M&O levy. Multiply Line 28 by Line 29 and divide by $100. $1,889,582 31. Adjusted 2020 levy for calculating NNR M&O rate. A. M&O taxes refunded for years preceding tax year 2020 Enter the amount of M&O taxes refunded in the preceding year for taxes before that year. Types of refunds include court decisions, Tax Code Section 25.25(b) and (c) corrections and Tax Code Section 31.11 $53,489 payment errors. Do not include refunds for tax year 2020. This line applies only to tax years receding tax year 2020. B. 2020 taxes in TIF Enter the amount of taxes paid into the tax increment fund for a $0 reinvestment zone as agreed by the taxing unit. If the taxing unit has no 2021 captured appraised value in Line 18D, enter 0. C. 2020 transferred function. If discontinuing all of a department, function or activity and transferring it to another taxing unit by written contract, enter the amount spent by the taxing $0 unit discontinuing the function, in the 12 months preceding the month of this calculation. If the taxing unit did not operate this function for this 12-month period, use the amount spent in the last full fiscal year in which the taxing unit operated the function. The taxing unit discontinuing the function will subtract this amount in D below. The taxing unit receiving the function will add this amount in D below. Other taxing units enter 0. D. 2020 M&O levy adjustments. Subtract B from A. For taxing unit with C, subtract if $53,489 discontinuing function and add if receiving function. E. Add Line 30 to 31D. $1,943,071 32. Adjusted 2021 taxable value. Enter the amount in Line 25 of the No -New -Revenue Tax $1,550,568,44 Rate Worksheet. 3.2021 NNR M&O rate (unadjusted). Divide Line 31E by Line 32 and multiply by $0.12531/$100 $100. 34. Rate adjustment for state criminal justice mandate.23 A. 2021 state criminal justice mandate: Enter the amount spent by a county in the $0 previous 12 months providing for the maintenance and operation cost of keeping inmates in county -paid facilities after they have been sentenced. Do not include any state reimbursement received by the county for the same purpose. B. 2020 state criminal justice mandate: Enter the amount spent by a county in the 12 months prior to the previous 12 months providing for the maintenance and operation cost of keeping inmates in county -paid facilities after they have been sentenced. Do not include any $0 state reimbursement received by the county for the same purpose. Enter zero if this is the first time the mandate applies. Subtract B from A and divide by Line 32 and multiply by $100. Enter the rate calculated in C. If not applicable, enter 0. $0.00000/$ l $0.00000/$1 Rate adjustment for indigent health care expenditures 24 2021 indigent health care expenditures: Enter the amount paid by a taxing unit ividing for the maintenance and operation cost of providing indigent health care for the iod beginning on July 1, 2020 and ending on June 30, 2021, less any state assistance eived for the same purpose. 2020 indigent health care expenditures: Enter the amount paid by a taxing unit widing for the maintenance and operation cost of providing indigent health care for the iod beginning on July 1, 2019 and ending on June 30, 2020, less any state assistance eived for the same purpose. Subtract B from A and divide by Line 32 and multiply by $100. Enter the rate calculated in C. If not applicable, enter 0. $0.00000/$1 $0.00000/$1 Rate adjustment for county indigent defense compensation25 2021 indigent defense compensation expenditures: Enter the amount paid by a county provide appointed counsel for indigent individuals for the period beginning on July 1, 20 and ending on June 30, 2021, less any state grants received by the county for the same 2020 indigent defense compensation expenditures: Enter the amount paid by a county provide appointed counsel for indigent individuals for the period beginning on July 1, 19 and ending on June 30, 2020, less any state grants received by the county for the same Subtract B from A and divide by Line 32 and multiply by $100. 1 $0.00000/$1 B by 0.05 and divide by Line 32 and multiply by $100. $0.00000/$1 Enter the lessor of C and D. If not applicable, enter 0. $0.00000/$1 Rate adjustment for county hospital expenditures. 2021 eligible county hospital expenditures: Enter the amount paid by the county or nicipality to maintain and operate an eligible county hospital for the period beginning on y 1, 2020 and ending on June 30, 2021. 2020 eligible county hospital expenditures:Enter the amount paid by the county or oucipality to maintain and operate an eligible county hospital for the period beginning on y 1, 2019 and ending on June 30, 2020. Subtract B from A and divide by Line 32 and multiply by $100. Multiply B by 0.08 and divide by Line 32 and multiply by $100. $0.00000/$1 Enter the lessor of C and D, if applicable. If not applicable, enter 0. $0.00000/$1 $0.00000/$1 . Rate adjustment for defunding municipality. This adjustment only applies to a znicipality that is considered to be a defunding municipality for the current tax year under iapter 109, Local Government Code. Chapter 109, Local Government Code only applies municipalities with a population of more than 250,000 and includes a written termination by the Office of the Governor. See Tax Code 26.0444 for more information. Amount appropriated for public safety in 2020. Enter the amount of money )ropriated for public safety in the budget adopted by the municipality for the preceding ;al year Expenditures for public safety in 2020. Enter the amount of money spent by the uucipality for public safety during the preceding fiscal year. Subtract B from A and divide by Line 32 and multiply by $100. I $0.00000/$ Enter the rate calculated in C. If not applicable, enter 0. $0.00000/$100 39. Adjusted 2021 NNR M&O rate. Add Lines 33, 34D, 35D, 36E, and 37E. Subtract Line 381). $0.12531/$100 40. Adjustment for 2020 sales tax specifically to reduce property values. Cities, counties and hospital districts that collected and spent additional sales tax on M&O expenses in 2020 should complete this line. These entities will deduct the sales tax gain rate for 2021 in Section 3. Other taxing units, enter zero. Enter the amount of additional sales tax collected and spent on M&O expenses in 2020, i �. Counties must exclude any amount that was spent for economic development grants m the amount of sales tax spent. $0.10142/$ Divide Line 40A by Line 32 and multiply by $100. Add Line 40B to Line 39. $0.22673/$ 2021 voter -approval M&O rate. Enter the rate as calculated by the appropriate $0.23466/$ nario below. ecial Taxing Unit. If the taxing unit qualifies as a special taxing unit, multiply Line 40C 1.08. or - 'her Taxing Unit. If the taxing unit does not qualify as a special taxing unit, multiply Line C by 1.035. 11. Disaster Line 41(D41): 2021 voter -approval M&O rate for taxing unit affected by caster declaration. If the taxing unit is located in an area declared a disaster area and at ist one person is granted an exemption under Tax Code Section 11.35 for property located the taxing unit, the governing body may direct the person calculating the voter -approval rate to calculate in the manner provided for a special taxing unit. The taxing unit shall ntinue to calculate the voter -approval tax rate in this manner until the earlier of 1. the first year in which total taxable value on the certified appraisal roll exceeds the + $0.00000/$1 total taxable value of the tax year in which the disaster occurred, or 2. the third tax year after the tax year in which the disaster occurred. the taxing unit qualifies under this scenario, multiply Line 40C by 1.08.27 If the taxing iit does not qualify, do not complete Disaster Line 41 (Line D41). :. Total 2021 debt to be paid with property taxes and additional sales tax revenue. -bt means the interest and principal that will be paid on debts that: ) are paid by property taxes, ) are secured by property taxes, ) are scheduled for payment over a period longer than one year and ) are not classified in the taxing unit's budget as M&O expenses Debt also includes contractual payments to other taxing units that have incurred debts on calf of this taxing unit, if those debts meet the four conditions above. Include only ounts that will be paid from property tax revenue. Do not include appraisal district budget $1,244, rments. If the governing body of a taxing unit authorized or agreed to authorize a bond, rrant, certificate of obligation, or other evidence of indebtedness on or after Sept. 1, 2021, ify if it meets the amended definition of debt before including it here.28 :er debt amount. Subtract unencumbered fund amount used to reduce total debt. 1 $1 Subtract certified amount spent from sales tax to reduce debt (enter zero if none) Subtract amount paid from other resources. E. Adjusted debt. Subtract B, C, and D from A. $1,134,763 43. Certified 2020 excess debt collections. Enter the amount certified by the collector.28 $57,445 44. Adjusted 2021 debt. Subtract Line 43 from Line 42E. $1,077,318 45.2021 anticipated collection rate. A. Enter the 2021 anticipated collection rate certified by the collector:29 100.00% B. Enter the 2020 actual collection rate 99.29% C. Enter the 2019 actual collection rate 100.83% D. Enter the 2018 actual collection rate 99.67% E. If the anticipated collection rate in A is lower than actual collection rates in B, C and D, enter the lowest collection rate from B, C and D. If the anticipated rate in A is higher than at 100.00% least one of the rates in the prior three years, enter the rate from A. Note that the rate can be eater than 100% 31 6.2021 debt adjusted for collections. Divide Line 44 by Line 45E $1,077,318 7.2021 total taxable value. Enter the amount on Line 21 of the No -New -Revenue Tax Rate $1,656,141,448 Worksheet. 48.2021 debt tax rate. Divide Line 46 by Line 47 and multiply b $100. $0.06504/$100 9.2021 voter -approval tax rate. Add Lines 41 and 48. $0.29970/$100 49. Disaster Line 49 (D49): 2021 voter -approval tax rate for taxing unit affected by disaster declaration. Complete this line if the taxing unit calculated the voter -approval tax $0.00000/$100 ate in the manner provided for a special taxing unit on Line D41. Add Line D41 and 48. 0. COUNTIES ONLY. Add together the voter -approval tax rates for each type of tax the county levies. The total is the 2021 county voter -approval tax rate. 23Tex. Tax Code Section 26.044 24Tex. Tax Code Section 26.0441 25Tex. Tax Code Section 26.0442 26Tex. Tax Code Section 26.0443 27Tex. Tax Code Section 26.042(a) 28Tex. Tax Code Section 26.012(7) 29Tex. Tax Code Section 26.012(10) and 26.04(b) 30Tex. Tax Code Section 26.04(b) 31Tex. Tax Code Section 26.04(h),(h-1) and (h-2) SECTION 3: NNR Tax Rate and Voter -Approval Tax Rate Adjustments for Additional Sales Tax to Reduce Property Taxes Cities, counties and hospital districts may levy a sales tax specifically to reduce property taxes. Local voters by election most approve imposing or abolishing the additional sales tax. if approved, the taxing unit most reduce its NNR and voter -approval tax rates to offset the expected sales tax revenue. This section should only be completed by a county, city or hospital district that is required to adjust its NNR tax rate and/or voter -approval tax rate because it adopted the additional sales Additional Sales and Use Tax WorksheetAmount/Rate 51. Taxable Sales. For taxing units that adopted the sales tax in November 2020 or May 2021, enter the Comptroller's estimate of taxable sales for the previous four quarters.20 $0 Estimates of taxable sales may be obtained through the Comptroller's Allocation Historical Summary web age. Taxing units that adopted the sales tax before November 2020, enter 0. 52. Estimated sales tax revenue. Counties exclude any amount that is or will be spent for economic development grants from the amount of estimated sales tax revenue.33 Taxing units that adopted the sales tax in November 2020 or in May 2021. Multiply the amount on Line 51 by the sales tax rate (.01, .005 or .0025, as applicable) and multiply the result by .95.34 $1,607,602 -or- Taxing units that adopted the sales tax before November 2020. Enter the sales tax revenue for the previous four quarters. Do not multiply by .95. 53.2021 total taxable value. Enter the amount from Line 21 of the No -New -Revenue Tax 1,656,141,448 $ Rate Worksheet. 54. Sales tax adjustment rate. Divide Line 52 by Line 53 and multiply by $100. $0.09707/$100 55.2021 NNR tax rate, unadjusted for sales tax.35 Enter the rate from Line 26 or 27, as $0.16746/$100 applicable, on the No -New -Revenue Tax Rate Worksheet. 6.2021 NNR tax rate, adjusted for sales tax. Taxing units that adopted the sales tax in November 2020 or in May 2021. $0.16746/$100 Subtract Line 54 from Line 55. Skip to Line 57 if you adopted the additional sales tax before November 2020. 7.2021 voter -approval tax rate, unadjusted for sales tax.36 Enter the rate from Line 49, Line D49 (disaster), or Line 50 (counties), as applicable, of the Voter Approval Tax Rate $0.29970/$100 Worksheet. 58.2021 voter -approval tax rate, adjusted for sales tax. Subtract Line 54 from Line 57. $0.20263/$100 31Rere"ed for expansion 34Tex. Tax Code Section 26.041(d) 32Tex. Tax Code Section 26.041(d) 35Tex. Tax Code Section 26.04(c) 33Tex. Tax Code Section 26.041(i) 36Tex. Tax Code Section 26.04(c) SECTION 4: Voter -Approval Tax Rate Adjustment for Pollution Control Ming unit may raise its rate for M&O funds used to pay for a facility, device or method for the control of air, water or land pollution. This includes any land, structure, building, installation, excavation, machinery, equipment or device that is used, constructed, acquired or installed wholly or partly to meet or exceed pollution control requirements. The taxing units expenses are those necessary to meet the requirements of a permit issued by the Texas Commission out Environmental Quality (TCEQ). The taxing unit must provide the tax assessor with a copy of the TCEQ letter of determination that states the portion of the cost of the installation for pollution control. This section should only be completed by a laxhr unit that uses M&O funds to nay for a facility, device or method for the control of air, water or landpollution. Voter -Approval Protection for Pollution Control Worksheet mount/Rate 59. Certified expenses from the Texas Commission on Environmental Quality (TCEQ). Enter the amount certified in the determination letter from TCEQ.37 The taxing unit shall $0 provide its tax assessor -collector with a copy of the letter.38 60.2021 total taxable value. Enter the amount from Line 21 of the No -New -Revenue Tax 1,656,141,448 $ Rate Worksheet. 61. Additional rate for pollution control. Divide Line 59 by Line 60 and multiply by $100. $0.00000/$100 62.2021 voter -approval tax rate, adjusted for pollution control. Add Line 61 to one of the following lines (as applicable): Line 49, Line D49 (disaster), Line 50 (counties) or Line $0.20263/$100 58 (taxing units with the additional sales tax). 37Tex. Tax Code Section 26.045(d) 3STex.Tax Code Section 26.045(i) SECTION 5: Voter -Approval Tax Rate Adjustment for Unused Increment Rate The unused increment rate is the rate equal to the difference between the adopted tax rate and voter -approval tax rate before the unused increment rate for the prior three years.39 In a year where a taxing unit adopts a rate by applying any portion of the unused increment rate, the unused increment rate for that year would be zero. The difference between the adopted tax rate and voter -approval tax rate is considered zero in the following scenarios: • a tax year before 2020; and40 • a tax year in which the municipality is a defending municipality, as defined by Tax Code Section 26.0501(a);41 or • after Jan. 1, 202.2, a tax year in which the comptroller determines that the county implemented a budget reduction or reallocation described by Local Government Code Section 120.002(a) without the required voter approval.4Z This section should only be completed by a taxing unit that does not meet the definition of a s ecial taxing unit43 _ Unused Increment Rate Worksheet Amount/Rate 63.2020 unused increment rate. Subtract the 2020 actual tax rate and the 2020 unused increment rate from the 2020 voter -approval tax rate. If the number is less than zero, enter $0.01918 zero. If the year is prior to 2020, enter zero. 64.2019 unused increment rate. Subtract the 2019 actual tax rate and the 2019 unused increment rate from the 2019 voter -approval tax rate. If the number is less than zero, enter $0 zero. If the year is prior to 2020, enter zero 65. 2018 unused increment rate. Subtract the 2018 actual tax rate and the 2018 unused increment rate from the 2018 voter -approval tax rate. If the number is less than zero, enter $0.00000 zero. If the year is prior to 2020, enter zero. 66. 2021 unused increment rate. Add Lines 63, 64 and 65. $0.01918/$100 67.2021 voter -approval tax rate, adjusted for unused increment rate.23 Add Line 66 to one of the following lines (as applicable): Line 49, Line D49(disaster), Line 50 (counties), $0.22181/$100 Line 58 (taxing units with the additional sales tax) or Line 62 (taxing ]nuts with pollution control). 39Tex. Tax Code Section 26.013(a) 4OTex. Tax Code Section 26.013(c) 41Tex. Tax Code Section 26.0501(a) and (c) 42Tex. Tax Code Section Local Gov't Code Section 120.007(d), effective Jan. 1, 2022 43Tex. Tax Code Section 26.063(a)(1) SECTION 6: De Minimis Rate The do minimis rate is the rate equal to the sum of the no -new -revenue maintenance and operations rate, the rate Him will raise $500,000, and the current debt rate for a taxing unit a4 This section should only be completed by a taxing unit that is a municipality of less than 30,000 or a taxing unit that does not meet the definition of a s ecial taxis unit.45 De Minimis Rate Worksheet mount/Rate 68. Adjusted 2021 NNR M&O tax rate. Enter the rate from Line 39 of the Voter Approval Tax Rate Worksheet $0.12531/$100 69.2021 total taxable value. Enter the amount on Line 21 of the No -New -Revenue Tax Rate Worksheet. $1,656,141,448 70. Rate necessary to impose $500,000 in taxes. Divide $500,000 by Line 69 and multiply y $100. $0.03019 71. 2021 debt rate. Enter the rate from Line 48 of the Voter -Approval Tax Rate Worksheet. $0.06504/$100 72. De minimis rate.23 Add Lines 68, 70 and 71. $0.22054/$100 44Tex. Tax Code Section 26.012(8-a) 45Tex. Tax Code Section 26.063(a)(1) SECTION 7: Voter -Approval Tax Rate Adjustment for Emergency Revenue Rate In the tax year after the and of the disaster calculation time period detailed in Tax Code Section 26.042(a), a taxing unit that calculated its voter -approval tax rate in the manner provided for a special taxing unit due to a disaster must calculate its emergency revenue rate and reduce its voter -approval tax rate for that year.46 Similarly, if a taking unit adopted a tax rate that exceeded its voter -approval tax rate, calculated normally, without holding an election to respond to a disaster, as allowed by Tax Code Section 26.042(d), in the prior year, it must also reduce its voter -approval tax rate for the current tax year47. NOTE: This section will not apply to any taxing units in 2021. It is added to implement Senate Bill 1438 (87th Regular Session) and does not apply to a taxing unit that calculated its voter -approval tax rate in the manner provided for a special taxing unit due to a declared disaster in 2020, as provided for in the recently repealed Tax Code Sections 26.04(c-1) and 26.041(c-I). In future tax years, this section will apply to a taxing unit other than a special taxing unit that: • directed the designated officer or employee to calculate the voter -approval tax rate of the taxing unit in the manner provided for a special taxing unit in the prior year; and • the current year is the first tax year in which the total taxable value of property taxable by the taxing unit as shown on the appraisal roll for the taxing unit submitted by the assessor for the taxing unit to the governing body exceeds the total taxable value of property taxable by the taxing unit on January I of the tax year in which the disaster occurred or the disaster occurred four years ago. In future tax years, this section will also apply to a taxing unit in a disaster area that adopted a tax rate greater than its voter -approval tax rate without bolding an election in the prior year. Note: This section does not apply if a taxing unit is continuing to calculate its voter -approval tax rate in the manner provided for a special taxing unit because it is still within the disaster calculation time i2criod detailed in Tax Code Section 26.042(a) because it has not met the conditions in Tax Code Section 26.042 a 1 or (2). Emergency Revenue Rate WorksheetAmount/Rate 73. 2020 adopted tax rate. Enter the rate in Line 4 of the No -New -Revenue Tax Rate Worksheet. N/A 74. Adjusted 2020 voter -approval tax rate. Use the taxing unit's Tax Rate Calculation Worksheets from the prior year(s) to complete this line. If a disaster occurred in 2020 and the taxing unit calculated its 2020 voter -approval tax rate using a multiplier of 1.08 on Disaster Line 41 (D41) of the 2020 worksheet due to a disaster, enter the 2020 voter -approval tax rate as calculated using a multiplier of 1.035 from Line 49. -or- If a disaster occurred prior to 2020 for which the taxing unit continued to calculate its voter - approval tax rate using a multiplier of 1.08 on Disaster Line 41 (D41) in 2020, complete the separate Adjusted Voter -Approval Tax Rate for Taxing Units in Disaster Area Calculation N/ Worksheet to recalculate the voter -approval tax rate the taxing unit would have calculated in 2020 if it had generated revenue based on an adopted tax rate using a multiplier of 1.035 in the year(s) following the disaster.48 Enter the final adjusted 2020 voter -approval tax rate from the worksheet. or - f the taxing unit adopted a tax rate above the 2020 voter -approval tax rate without calculating a disaster tax rate or holding an election due to a disaster, no recalculation is necessary. Enter the voter -approval tax rate from the prior year's Worksheet. 75. Increase in 2020 tax rate due to disaster. Subtract Line 74 from Line 73. N/ 76. Adjusted 2020 taxable value. Enter the amount in Line 14 of the No -New -Revenue Tax N/A Rate Worksheet. 77. Emergency revenue. Multiply Line 75 by Line 76 and divide by $100. N/ 78. Adjusted 2021 taxable value. Enter the amount in Line 25 of the No -New -Revenue Tax Rate Worksheet. N/A 79. Emergency revenue rate. Divide Line 77 by Line 78 and multiply by $100. 49 N/ 80. 2021 voter -approval tax rate, adjusted for emergency revenue. Subtract Line 79 from one of the following lines (as applicable): Line 49, Line D49(disaster), Line 50 (counties), Line 58 (taxing units with the additional sales tax), Line 62 (taxing units with pollution N/ control) or Line 67 (taxing units with the unused increment rate). 46Tex. Tax Code Section 26.042(b) 47Tex. Tax Code Section 26.042(i) 48Tex. Tax Code Section 26.042(c) 49Tex. Tax Code Section 26.042(b) 50Tex. Tax Code Section 26.04(c-2) and (d-2) (SECTION 8: Total Tax Rate Indicate the applicable total tax rates as calculated above. No -New -Revenue tax rate As applicable, enter the 2021 NNR tax rate from: Line 26, Line 27 (counties), or Line 56 (adjusted for sales tax). Indicate the line number used: 26 Voter -Approval tax rate As applicable, enter the 2021 voter -approval tax rate from: Line 49, Line 50 (counties), Line 58 (adjusted for sales tax), Line 62 (adjusted for pollution control), Line 67 (adjusted for unused increment), or Line 80 (adjusted for emergency revenue). Indicate the line number used: 67 De minimis rate If applicable, enter the de minimis rate from Line 72. 'SECTION 9: Taxing Unit Representative Name and Sienature $0.16746/$100 $0.22181/$100 $0.22054/$100 Enter the name of the person preparing the tax rate as authorized by the governing body of the taxing unit By signing below, you certify that you are I designated officer or employee of the taxing unit and have accurately calculated the tax rates using valuesthat are the same as the values shown in the taxing units certified appraisal roll or certified estimate of taxable value, in accordance with requirements in Tax Code.50 print here Ginger R. Awtry, Director of Finance Printed Name of Taxing Unit Representative sign here ' 02 Taxing Unit Representative Date Certification of Additional Sales and Use Tax to Pay Debt Services THE STATE OF TEXAS, County of Tarrant and Denton Chief Financial Officer or Auditor: Ginger R. Awtry For the taxing unit: Town of Westlake, TX Hereby certifies that the amount of additional sales and use tax revenue collected to pay debt service has been deducted from the total amount described by Tax Code Section 26.05(e-1), 26.04(e)(3)(C) and 26.05(a)(1). This certification is submitted to the governing body of the Town of Westlake, Texas on 8/23/21 Signature of Financial Officer or Auditor Form developed by: Texas Comptroller of Public Accounts, Property Tax Assistance Division For additional copies, visit: comptroller.texas.gov/taxes/property-tax