1. PUBLIC HEARING 2016-2017 Budget and Proposed Property Tax Rate
Tuesday, June 25, 2013
Presented: Tuesday, August 23, 2016

2. Budget Adopted June 21, 2016

3. 2017 Estimated Revenue And Other Sources*
*BASED ON PRELIMINARY ASSESSED PROPERTY VALUES OF $1,860,750,078, REDUCED BY 5% BASED ON HISTORICAL TRENDS AT A MAINTENANCE AND OPERATIONS TAX RATE OF $1.17 PER $100 OF VALUATION, AT A 94.5% COLLECTION RATE

4. 2017 Adopted Budget By Class Object

5. 2017 Adopted Budget By Function

6. Top 10 Taxpayers Taxpayer Name El Paso Outlet Outparcels LLC
Tenet Hospitals Limited
Care Fusion 213 LLC
Sumitomo Electric Wiring System Inc
Plexxar Joint Venture
Quarry Cave Partners LTD
BSteel Properties I LTD
El Paso Electric Co
ADP LLC
Eagle Family Foods Inc
Source: EPCAD Report as of 8/03/16

7. Calculated Tax Rate 2016 Certified Property Values - $1,849,733,399
Net Taxable
Maintenance and Operations (M & O)
Projected Revenue for Operating Costs $20,451,577
(Certified Values / $100 X $1.17 X 94.5%*)
Proposed M & O Rate $
Debt Service (I & S)
Debt Service Amount (to be paid from property taxes) $6,292,793
(Certified Values / $100 X $0.36 X 94.5%*)
Debt Service Tax Rate Per $100 Valuation $
Rollback Rate $
*Projected Revenue at 94.5% Collection Rate 7

8. Impact of Tax Rates on Average Homeowner
2015
2016
Value After CAP
Change
Avg. Appraised Value
$152,099
$153,274
Homestead Exemption
( ,000)
Taxable Value
$127,099
$128,274
$1,175
Tax Rate $ $
Rollback Tax Rate
Property Tax Levied*
$ 1,945
$ 1,963
$18
*The Average Homeowner will pay more taxes due to higher property values.

9. Public Comment

10. Motion: To Adopt the 2016-2017 Property Tax Rate
Tax Rate Resolution
Maintenance & Operation Rate- $
Interest & Sinking Rate - $
Total Tax Rate $

11. Questions