City of Hilshire Village Texas Counsel Meeting September 20, 2016 - - PDF document
City of Hilshire Village Texas Counsel Meeting September 20, 2016 1 Tax Rate / Valuation History Title 0.65 220 0.60 0.55 200 0.50 0.45 180 0.40 M$ Valuation Value Axis 0.35 160 0.30 Rollback Effective 0.25 140 0.20 0.15
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Title
Value Axis
0.00 0.05 0.10 0.15 0.20 0.25 0.30 0.35 0.40 0.45 0.50 0.55 0.60 0.65 2 1 2 1 1 2 1 2 2 1 3 2 1 4 2 1 5 2 1 6 2 1 6
Tax Rate / Valuation History
2011 2012 2013 2014 2015 2016
$126,708,632 $134,367,843 $143,838,069 $167,967,491 $190,963,196 $214,302,867
M$ Valuation 100 120 140 160 180 200 220 2 1 2 1 1 2 1 2 2 1 3 2 1 4 2 1 5 2 1 6
Effective Rollback 2
Effective Median Roll Back 2014 2015 2016 Base 0.449828 0.415397 0.384876 0.400123 0.415369 Debt 0.083613 0.072683 0.066933 0.066933 0.066933 Tax Rate 0.533441 0.488080 0.451809 0.467056 0.482302 Property Value 2014 Tax $ 2015 Tax $ 2016 Tax $ $500,000 $2,667 $2,440 $2,259 $2,335 $2,412 Diff vs 2015
$1,000,000 $5,334 $4,881 $4,518 $4,671 $4,823 Diff vs 2015
$1,500,000 $8,002 $7,321 $6,777 $7,006 $7,235 Diff vs 2015
3 Assume assessed value increases by 10% 2015 2016 Effective Median Roll Back Tax Rate 0.488080 0.451809 0.467056 0.482302 2015 Assessed Value 2015 Tax $ 2016 Tax $ $500,000 $2,440 $2,485 $2,569 $2,653 Diff vs 2015 $45 $128 $212 $1,000,000 $4,881 $4,970 $5,138 $5,305 Diff vs 2015 $89 $257 $425 $1,500,000 $7,321 $7,455 $7,706 $7,958 Diff vs 2015 $134 $385 $637
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Capital Improvement
2016 Utility Fund
Amegy Bank Checking $ 454,444 Receivables $ 42,063 Total $ 496,507 Operating Reserve $ 200,000 Balance $ 296,507
2016 General Fund
Amegy Savings $ 973,299 Amegy Checking $ 17,049 Total $ 990,348 Operating Reserve $ 900,000 Balance $ 90,348
2017 General Fund Contribution
Effective Median Rollback Rate(- debt component)
0.384876 0.4001225 0.415369
Valuation $214,303 K Property Tax Income $825 K $857 K $890 K Franchise & Sales Tax $109 K Other Income Sources $182 K Income Total $1,116 K $1,148 K $1,181 K General Expenses Est. $1,073 K Net Contribution $43 K $76 K $109 K
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Utility Income Analysis over Time
Title
1.8 2.8 3.8 4.8 5.8
2009 2010 2011 2012 2013 2014 2015 Houston Rate Hilshire Rate
Value Axis
$0 K $50 K $100 K
2009 2010 2011 2012 2013 2014 2015
Net Contribution to Utility Fund
$300 K $400 K $500 K
Revenue Expense 6