CITY COUNCIL ACTION ITEM

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CITY COUNCIL ACTION ITEM

AGENDA TITLE

_{2014 AD VALOREM TAX LEVY}

THE CITY COUNCIL WILL CONSIDER THE ACCEPTANCE OF THE CERTIFIED

AD VALOREM TAX LEVY AS PRESENTED BY DALIA SANCHEZ, TAX

ASSESSOR‐COLLECTOR

MEETING DATE

12/2/2014

DEPARTMENT

_Finance

SUBMITTED BY

Michel Sorrell, Director of Finance

EXECUTIVE SUMMARY

State statues require the City Tax Assessor‐Collector present the Certified Tax Levy for approval

by the City Council. This approval action authorizes the tax collector to carry out the duties of

collecting the taxes for the year.

PRIOR ACTIONS OR REVIEWS

This is an annual requirement executed each new tax year. The FY 2014‐2015 budget is

predicated on the collection of ad valorem tax.

DETAILS / STAFF ANALYSIS

The attached 2014 Tax Levy information has been reviewed and verified as accurate. These

calculations for the 2014 Tax Rate of $0.60063 were used in developing the Fiscal Year 2014‐

2015 Budget.

ALTERNATIVES CONSIDERED

Not Applicable.

FINANCIAL IMPACT

This action is required to allow the San Patricio County Tax Assessor‐Collector, Dalia Sanchez, to

collect the ad valorem taxes that make up 37.76% of the General Fund revenues and 95.07% of

the General Obligation Bond Debt Service revenues for FY 2014‐2015.

ATTACHMENTS

The 2014 Certified Tax Levy from San Patricio County Tax Assessor Collector, Dalia Sanchez.

RECOMMENDED ACTION

Motion to accept the 2014 Tax Levy totaling $5,580,682.60.

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DALIA SANCHEZ, PCC

Sinton, Texas

78387-0280

Tax Assessor/Collector

P.O.Box280

Telephone 3611364-9373

Fax: 361/364-9473

City

of Portland

2014 Values

Land

Improvements

Minerals

Personal

Less Protest Value

Total Value

Exemptions:

10% Homestead Cap Adjustment

Exempt Property

Ag Loss

Residental Homestead

Over 65 Exemptions

Disabled Persons

Disabled Veterans

Prorated Exempt Property

House Bill 366

Charitable Exemptions

Total Exemptions

Total Value

Less Exemptions

Taxable Value

Tax Levy

Late Rendition Penalties

2014 TAX LEVY

$

268,536,936

792,272,853

15,141,410

39,508,036

(24,555, 166)

1,090,904,069

19,171,348

52,119,662

31,071,110

0 15,151,459

0 9,458,905

0 69,447

0 127,041,931

1,090,904,069

(127,041,931)

963,862,138

5,578,347.56

2,335.04

5,580,682.60

10/07/14

Date

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10/03/2014 02:00 pm

tc502juris_summary.rep vl.8

Request Seq.: 1753185

Jurisdiction:

Total Parcels: Market Value: AG Exclusion Count: Timber Exclusion Count: HS Capped Count: Assessed Value:

Exempt Count/Amt: Hb366 Count/Amt:

State Homestead Count: Local Homestead Count: State Over 65 Count: Local Over 65 Count: Surviving Spouse Count: Disabled Count: Total VET Count:

Partial Exempt Values: Taxable Value: Total Levy Amt:

Late Rendition Penalty Count: Frozen Account Count: Frozen Homesite Value: Frozen Taxable Value: Unfrozen Levy Amt: Frozen Levy Amt: Frozen Levy Loss Amt: Total Non-Exempt Parcel Count:

Tax Collection System - SAN PATRICIO COUNTY

Certified Roll Jurisdiction Summary

Processing For Tax Year: 2014

309 CITY OF PORTLAND

6,910 1,090,904,069 64 0 1,034 1,040,661,611 128 368 3,350 0 0 937 102 2 258 17,578,459 963,862,138 5,580,682.60 150 1,016 155,031,593 136,266,421 818,456.94 607,559.65 210,897.29 6,782 Tax Rate: State Hom: State 065: Disabled: AG Exclusion Amt: Timber Exclusion Amt: HS Capped Amt: 52,119,662 0.6006300 0 0 0 31,071,110 0 19,171,348

69,447 100% Exempt Vet Count/Amt:

State Homestead Amt: Local Homestead Amt: State Over 65 Amt: Local Over 65 Amt: Surviving Spouse Amt: Disabled Amt: Total VET Amt:

Late Rendition Penalty Amt:

0 0 0 13,628,959 1,522,500 0 2,427,000 2,335.04 38 Opt Hom: Opt 065: Opt Disabled: 7,031,905 0.0000000 15,000 0

Page 21 of25

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10/03/2014 19:36:0 TC168

1753422 TAX COLLECTION SYSTEM TAX COLLECTOR MONTHLY REPORT FROM 10/01/2014 TO 10/01/2014 FISCAL START: 10/01/2014 END: 09/30/2015 JURISDICTION: 0309 CITY OF PORTLAND

CERT TAXABLE VALUE ADJUSTMENTS ADJ TAX VALUE

CURRENT YEAR 963,862,138 0 963,862,138

*

VALUE MAY NOT BE ABLE TO BE MULTIPLIED BY TAX RATE TO GET LEVY

YEAR TAXES DUE MONTH ADJ ADJUSTMENT YTD LEVY PAID

PAGE: 20 INCLUDES AG ROLLBACK

TAX RATE TAX LEVY PAID ACCTS

0.600630 5,580,682.60 593

PAID YTD BALANCE COLL % YTD

---2014 5,580,682.60 .00 0.00 0.00 0.00 5,580,682.60 2013 58,528.69 .00 0.00 230. 07 230.07 58,298.62 .39 2012 16,431.30 .00 0.00 0.00 0.00 16,431.30 2011 12,879.37 .00 0.00 0.00 0.00 12,879.37 2010 7,905.21 .00 0.00 0.00 0.00 7,905.21 2009 9,172.69 .00 0.00 0.00 0.00 9,172.69 2008 7,147.55 .00 0.00 0.00 0.00 7,147.55 2007 6,796.49 .00 0.00 0.00 0.00 6,796.49 2006 4,900.67 .00 0.00 0.00 0.00 4,900.67 2.005 3,089.49 .00 0.00 0.00 0.00 3,089.49 2004 4,358.31 .00 0.00 0.00 0.00 4,358.31 2003 2,026.94 .00 0.00 0.00 0.00 2,026.94 2002 1,181.97 .00 0.00 0.00 0.00 1,181.97 2001 827.78 .00 0.00 0.00 0.00 827.78 .2000 320.00 .00 0.00 0.00 0.00 320.00 1999 6,954.66 .00 0.00 0.00 0.00 6,954.66 1998 232.15 .00 0.00 0.00 0.00 232.15 1997 233.92 .00 0.00 0.00 0.00 233.92 1996 192.22 .00 0.00 0.00 0.00 192. 22 1995 184.06 .00 0.00 0.00 0.00 184.06 1994 179.93 .00 0.00 0.00 0.00 179.93 1993 959.18 .00 0.00 0.00 0.00 959.18

****

5,725,185.18 .00 0.00 230.07 230.07 5,724,955.11 UN COLL 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

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Job: 420500

TOP FIFTEEN TAXPAYERS IN YOUR DISTRICT

20510503

San Patricio CAD Appraisal Year: 2014 CPO City of Portland

NAME MARKET VALUE TAXABLE VALUE

NORTHSHORE PAVILIONS OWNER LP 14,070,954 14,070,954

WAL-MART REAL ESTATE BUSINESS TR I 1,389,732 11,389,732

PORTLAND TOWNHOMES LP 9,650,000 9,650,000

4 GALILEO APOLLO II TX LP 6,991,791 6,991,791

WAL-MART STORES TEXAS LP 5,511,712 5,511,712

6 ESPLANADE AT NORTH SHORE LLC 4,672,693 4,672,693

ACADEMY SPORTS & OUTDOORS #197 4,343,087 4,343,087

AL WILLEFORD CHEVROLET INC 4,091,746 4,091,746

9 NORTHSHORE CINEMA 8 CO LLC 4,064,995 4,064,995

IO LANDS END LIMITED & LANDS E 3,941,487 3,941,487

II SAFEGUARD INVESTMENTS LTD 3,907,357 3,907,357

12 YERBY SPORTS TX I LLC 3,764,823 3,764,823

13 AEP TEXAS CENTRAL COMPANY 3,748,870 3,748,870

14 NORTHSHORE PROPERTIES 6B LLC 3,822,362 3,457,517

15 BRE/SW CARRIAGE INN LLC A DELA WA 3,436,375 3,436,375