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Res 21-26 Approve Tax Rolls, Collection Rates, Designate Officer to calculate Jeff Law, Chief Appraiser Tarrant Appraisal District 2500 Handley Ederville Road - Fort Worth, Texas 76118 - 817.284.0024 1 TOWN OF WESTLAKE 037 Appraisal Roll Information Valuation Summary as of July 21, 2021 2021 Certified Property Information I, Jeff Law, Chief Appraiser for the Tarrant Appraisal District, to the best of my ability do solemnly swear that the attached is that portion of the appraisal roll for the Tarrant Appraisal District which lists property taxable by the above-named entity and constitutes their Certified Appraisal Roll. APPRAISED VALUE (Considers Value Caps) - - - - - - - - - - - - - - - - - - - - - - - - -> $ 2,007,469,655 Number of Accounts: 1,463 Absolute Exemptions $ 27,583,808 Cases before ARB – Appraised Value $ 103,869,541 Incompletes $ 81,040,432 Partial Exemptions $ 168,195,522 In Process $ 0 NET TAXABLE VALUE - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - > $ 1,626,780,352 Appraised Value minus Absolute Exemption amount, minus Cases before ARB amount, minus Incompletes, minus Partial Exemptions, minus the In Process accounts equals the Net Taxable Value. ESTIMATED NET TAXABLE VALUE - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -> $ 1,743,031,997 Including suggested values to be used for pending ARB accounts (see page two), Incompletes (see page three) and In Process accounts (see page four). _________________________________ Jeff Law, Chief Appraiser Jeff Law, Chief Appraiser Tarrant Appraisal District 2500 Handley Ederville Road - Fort Worth, Texas 76118 - 817.284.0024 2 TOWN OF WESTLAKE 037 Appraisal Roll Information Valuation Summary as of July 21, 2021 2021 Appraisal Review Board Information Section 25.01 (c) of the State Property Tax code directs the Chief Appraiser to prepare a list of all properties under protest with the Appraisal Review Board and pending disposition at the time of value roll certification. The values below are from the ARB roll and are not included in the totals by the Chief Appraiser and represented on page 1 of this report. $ 103,869,541 Total appraised value of properties under protest. $ 90,148,320 Net taxable value of properties under protest. $ 63,103,824 Estimated minimum taxable value for the same properties. This value should be added to the net taxable value on page one. Jeff Law, Chief Appraiser Tarrant Appraisal District 2500 Handley Ederville Road - Fort Worth, Texas 76118 - 817.284.0024 3 TOWN OF WESTLAKE 037 Appraisal Roll Information Valuation Summary as of July 21, 2021 2021 Incomplete Property Information Section 26.01(d) of the State Property Tax Code directs the Chief Appraiser to prepare a list of all properties that are not on the appraisal roll and not included on the ARB roll. The values below are from the incomplete property listing and are not included in the totals by the Chief Appraiser and represented on page 1 of this report. The value of incomplete properties are subject to change and are also subject to appeal before the Appraisal Review Board. $ 81,040,432 Total appraised value of incomplete properties $ 75,925,459 Net taxable value of properties under of incomplete properties. $ 53,147,821 Estimated minimum taxable value for the same properties. This value should be added to the net taxable value on page one Jeff Law, Chief Appraiser Tarrant Appraisal District 2500 Handley Ederville Road - Fort Worth, Texas 76118 - 817.284.0024 4 TOWN OF WESTLAKE 037 Appraisal Roll Information Valuation Summary as of July 21, 2021 2021 In Process Property Information The values below are from In Process properties and are not included in the totals by the Chief Appraiser and represented on page 1 of this report. $ 0 Total appraised value of In Process properties $ 0 Estimated net taxable value of In Process properties. This value should be added to the net taxable value on page one. Tarrant Appraisal District TOWN OF WESTLAKE 037 Totals for Roll Instance July Roll 2021 Value Detail Market Appraised Counts Taxable Real Estate Residential 1,402,350,080 1,370,614,919 1,022 1,189,442,645 Real Estate Commercial 471,924,958 471,924,958 160 444,721,450 Real Estate Industrial 0 0 0 0 Personal Property Commercial 163,387,422 163,387,422 198 157,147,680 Personal Property Industrial 1,361,180 1,361,180 1 1,361,180 Mineral Lease Properties 0 0 0 0 Agricultural Properties 97,330,876 181,176 82 181,176 Total Value 2,136,354,516 2,007,469,655 1,463 1,792,854,131 Pending Detail Market Appraised Counts Taxable Cases Before ARB 105,041,191 103,869,541 64 90,148,320 Incomplete Accounts 82,350,188 81,040,432 82 75,925,459 In Process Accounts 0 0 0 0 Certified Value 1,948,963,137 1,822,559,682 1,317 1,626,780,352 7/17/2021 10:14:44 PM Page 172 of 521 TOWN OF WESTLAKE Exemption Detail Market Exempt Counts Appraised Absolute Public 27,583,808 27,583,808 61 27,583,808 Absolute Charitable 0 0 0 0 Absolute Miscellaneous 0 0 0 0 Absolute Religious & Private Schools 0 0 0 0 Indigent Housing 0 0 0 0 Nominal Value 491 491 1 491 Disabled Vet 10-29%0 0 0 0 Disabled Vet 30-49%741,109 7,500 1 741,109 Disabled Vet 50-69%900,000 10,000 1 900,000 Disabled Vet 70-99%1,650,000 12,000 1 1,650,000 Disabled Vet 100%900,000 710,000 1 900,000 Surviving Spouse Disabled Vet 100%0 0 0 0 Donated Disabled Vet 0 0 0 0 Surviving Spouse Donated Disabled Vet 0 0 0 0 Surviving Spouse KIA Armed Service Member 0 0 0 0 Transfer Base Value for SS Disable Vet 0 0 0 0 Inventory 0 0 0 0 Homestead State Mandated-General 0 0 0 0 Homestead State Mandated-Over 65 0 0 0 0 Homestead State Mandated-Disabled Person 0 0 0 0 Homestead State Mandated-Disabled Person Over 65 0 0 0 0 Homestead Local Option-General 845,368,131 162,947,931 411 815,914,929 Homestead Local Option-Over 65 160,909,459 932,000 94 154,322,680 Homestead Local Option-Disabled Person 2,661,798 10,000 1 1,711,243 Homestead Local Option-Disabled Person Over 65 0 0 0 0 Solar & Wind Powered Devices 0 0 0 0 Pollution control 0 0 0 0 Community Housing Development 0 0 0 0 Abatements 131,812,834 0 2 131,812,834 Historic Sites 0 0 0 0 Foreign Trade Zone 0 0 0 0 Misc Personal Property (Vehicles, etc.)2,254,065 1,967,311 9 2,254,065 Surviving Spouse of First Responder KLD 0 0 0 0 Transfer Base Value SS KIA Armed Service Member 0 0 0 0 Transfer Base Value SS of First Responder KLD 0 0 0 0 Property Damaged by Disaster 9,407,645 1,598,289 5 9,161,463 Total Exemptions 195,779,330 588 7/17/2021 10:14:44 PM Page 173 of 521 TOWN OF WESTLAKE Deferrals Market Deferred Counts Appraised Ag Deferrals 97,125,775 96,950,253 81 175,522 Scenic Deferrals 0 0 0 0 Public Access Airports 0 0 0 0 Other Deferrals 0 0 0 0 Total Deferrals 97,125,775 96,950,253 81 175,522 7/17/2021 10:14:44 PM Page 174 of 521 TOWN OF WESTLAKE New Exemptions Market Exempt Counts Appraised Absolute Public 1,994,384 1,994,384 1 1,994,384 Absolute Charitable 0 0 0 0 Absolute Miscellaneous 0 0 0 0 Absolute Religious & Private Schools 0 0 0 0 Indigent Housing 0 0 0 0 Nominal Value 0 0 0 0 Disabled Vet 10-29%0 0 0 0 Disabled Vet 30-49%741,109 7,500 1 741,109 Disabled Vet 50-69%0 0 0 0 Disabled Vet 70-99%0 0 0 0 Disabled Vet 100%0 0 0 0 Surviving Spouse Disabled Vet 100%0 0 0 0 Donated Disabled Vet 0 0 0 0 Surviving Spouse Donated Disabled Vet 0 0 0 0 Surviving Spouse KIA Armed Service Member 0 0 0 0 Transfer Base Value for SS Disable Vet 0 0 0 0 Inventory 0 0 0 0 Homestead State Mandated-General 0 0 0 0 Homestead State Mandated-Over 65 0 0 0 0 Homestead State Mandated-Disabled Person 0 0 0 0 Homestead State Mandated-Disabled Person Over 65 0 0 0 0 Homestead Local Option-General 39,176,317 7,835,262 17 39,176,317 Homestead Local Option-Over 65 12,505,078 50,000 5 10,464,489 Homestead Local Option-Disabled Person 0 0 0 0 Homestead Local Option-Disabled Person Over 65 0 0 0 0 Solar & Wind Powered Devices 0 0 0 0 Pollution control 0 0 0 0 Community Housing Development 0 0 0 0 Abatements 0 0 0 0 Historic Sites 0 0 0 0 Foreign Trade Zone 0 0 0 0 Misc Personal Property (Vehicles, etc.)431,347 431,347 1 431,347 Surviving Spouse of First Responder KLD 0 0 0 0 Transfer Base Value SS KIA Armed Service Member 0 0 0 0 Transfer Base Value SS of First Responder KLD 0 0 0 0 Property Damaged by Disaster 9,407,645 1,598,289 5 9,161,463 Total New Exemptions 11,916,782 30 7/17/2021 10:14:44 PM Page 175 of 521 TOWN OF WESTLAKE New Construction New Value Counts Taxable All Real Estate 76,401,804 63 73,017,084 New business in new improvement 0 0 0 Total New Construction 277,839,517 76,401,804 63 73,017,084 New Construction in Residential 73,364,085 60 69,979,365 New Construction in Commercial 3,037,719 3 3,037,719 Market Appraised Counts Taxable Annexation 0 0 0 0 Deannexation 0 0 0 0 Tax Ceiling Market Taxable Counts Ceiling Amount Over 65 160,909,459 122,871,828 94 157,040.00 Disable Person 2,661,798 1,358,994 1 1,259.00 Disabled Person Over 65 0 0 0 0.00 Total Ceilings 163,571,257 124,230,822 95 158,299.00 New Over 65 Ceilings 21,303,204 0 10 0.00 New Disabled Person Ceilings 0 0 0 0.00 New Disabled Person Over 65 Ceilings 0 0 0 0 Capped Accounts Market Cap Loss Counts Appraised Cap Total 200,480,106 29,453,202 101 171,026,904 New Cap this Year 64,962,122 8,335,800 30 56,626,322 All Exemptions by Group Market Exempt Counts Appraised Residential 849,319,419 166,550,598 418 819,866,217 Commercial 161,328,320 29,228,732 68 161,328,320 Industrial 0 0 0 0 Mineral Lease 0 0 0 0 Agricultural 97,130,500 0 0 180,247 Exemption Total 195,779,330 486 Market Exempt Counts Appraised Prorated Absolute 0 0 0 0 Multi-Prorated Absolute 0 0 1 1,994,384 Current Taxable Counts Appraised Value Loss - 25.25(d)0 0 0 Average Market Average Appraised Counts Average Taxable Averages for Value Single Family 2,111,456 2,060,163 569 1,769,060 7/17/2021 10:14:44 PM Page 176 of 521 Current Use Code Report - Certified Entity: 037 TOWN OF WESTLAKE Page 1 of 2 7/18/2021 7:40:07 PM G r o Category Roll Status # of Accts Market Value Appraised Value Taxable Value Ag Acreage Ag Deferred New Const. Value A -- "Residential SingleFamily"ARB 38 $85,482,404 $84,510,201 $70,788,980 0.0000 $0 $2,368,250 A -- "Residential SingleFamily"Certified 569 $1,201,418,991 $1,172,232,873 $1,006,595,310 0.0000 $0 $73,364,085 A -- "Residential SingleFamily" Totals:607 $1,286,901,395 $1,256,743,074 $1,077,384,290 0.0000 $0 $75,732,335 C1 -- "Vacant Land Residential"ARB 7 $3,263,153 $3,263,153 $3,263,153 0.0000 $0 $0 C1 -- "Vacant Land Residential"Certified 236 $49,189,792 $49,189,792 $49,150,450 0.0000 $0 $0 C1 -- "Vacant Land Residential"Incomplete 1 $312,542 $312,542 $312,542 0.0000 $0 $0 C1 -- "Vacant Land Residential" Totals:244 $52,765,487 $52,765,487 $52,726,145 0.0000 $0 $0 C1C -- "Vacant Land Commercial"ARB 10 $1,828,501 $1,828,501 $1,828,501 0.0000 $0 $0 C1C -- "Vacant Land Commercial"Certified 63 $15,330,303 $15,330,303 $15,330,303 0.0000 $0 $0 C1C -- "Vacant Land Commercial" Totals:73 $17,158,804 $17,158,804 $17,158,804 0.0000 $0 $0 C2C -- "CommercialLandWithImprovementValue"Certified 3 $1,446,833 $1,446,833 $1,446,833 0.0000 $0 $0 C2C -- "CommercialLandWithImprovementValue" Totals:3 $1,446,833 $1,446,833 $1,446,833 0.0000 $0 $0 D1 -- "Qualified Open Space Land"ARB 1 $200,376 $929 $929 9.2000 $199,447 $0 D1 -- "Qualified Open Space Land"Certified 81 $97,130,500 $180,247 $180,247 1,726.7085 $96,950,253 $0 D1 -- "Qualified Open Space Land" Totals:82 $97,330,876 $181,176 $181,176 1,735.9085 $97,149,700 $0 E -- "Rural Land (No Ag) and Improvements Residential"ARB 1 $520,000 $520,000 $520,000 0.0000 $0 $0 E -- "Rural Land (No Ag) and Improvements Residential"Certified 7 $6,257,281 $5,990,197 $5,439,382 0.0000 $0 $0 E -- "Rural Land (No Ag) and Improvements Residential"Incomplete 1 $5,762,030 $4,452,274 $3,551,819 0.0000 $0 $0 E -- "Rural Land (No Ag) and Improvements Residential" Totals:9 $12,539,311 $10,962,471 $9,511,201 0.0000 $0 $0 F1 -- "Commercial"ARB 2 $6,022,663 $6,022,663 $6,022,663 0.0000 $0 $288,337 F1 -- "Commercial"Certified 27 $420,093,150 $420,093,150 $420,093,150 0.0000 $0 $3,037,719 F1 -- "Commercial" Totals:29 $426,115,813 $426,115,813 $426,115,813 0.0000 $0 $3,326,056 J3C -- "VarX Utility Electric Companies"Certified 3 $1,065,020 $1,065,020 $1,065,020 0.0000 $0 $0 J3C -- "VarX Utility Electric Companies" Totals:3 $1,065,020 $1,065,020 $1,065,020 0.0000 $0 $0 J4C -- "VarX Utility Telephone Companies"ARB 2 $7,100,965 $7,100,965 $7,100,965 0.0000 $0 $0 J4C -- "VarX Utility Telephone Companies"Certified 4 $621,490 $621,490 $621,490 0.0000 $0 $0 This report contains All Excluding Absolutes Process Code: 220 Table Group Name: July Roll Current Use Code Report - Certified Entity: 037 TOWN OF WESTLAKE Page 2 of 2 7/18/2021 7:40:07 PM G r o Category Roll Status # of Accts Market Value Appraised Value Taxable Value Ag Acreage Ag Deferred New Const. Value J4C -- "VarX Utility Telephone Companies"Incomplete 14 $69,725,306 $69,725,306 $69,725,306 0.0000 $0 $0 J4C -- "VarX Utility Telephone Companies" Totals:20 $77,447,761 $77,447,761 $77,447,761 0.0000 $0 $0 J7C -- "VarX Utility Cable Companies"Incomplete 1 $52,431 $52,431 $52,431 0.0000 $0 $0 J7C -- "VarX Utility Cable Companies" Totals:1 $52,431 $52,431 $52,431 0.0000 $0 $0 L1 -- "Personal Property Tangible Commercial"ARB 3 $623,129 $623,129 $623,129 0.0000 $0 $0 L1 -- "Personal Property Tangible Commercial"Certified 40 $70,264,775 $70,264,775 $70,264,284 0.0000 $0 $0 L1 -- "Personal Property Tangible Commercial"Incomplete 14 $1,764,677 $1,764,677 $1,701,326 0.0000 $0 $0 L1 -- "Personal Property Tangible Commercial"InProcess 7 $0 $0 $0 0.0000 $0 $0 L1 -- "Personal Property Tangible Commercial" Totals:64 $72,652,581 $72,652,581 $72,588,739 0.0000 $0 $0 L1C -- "VarX Commercial"Certified 54 $7,379,005 $7,379,005 $5,411,694 0.0000 $0 $0 L1C -- "VarX Commercial"Incomplete 51 $4,733,202 $4,733,202 $582,035 0.0000 $0 $0 L1C -- "VarX Commercial"InProcess 4 $0 $0 $0 0.0000 $0 $0 L1C -- "VarX Commercial" Totals:109 $12,112,207 $12,112,207 $5,993,729 0.0000 $0 $0 L2 -- "Personal Property Tangible Industrial"Certified 1 $1,361,180 $1,361,180 $1,361,180 0.0000 $0 $0 L2 -- "Personal Property Tangible Industrial" Totals:1 $1,361,180 $1,361,180 $1,361,180 0.0000 $0 $0 O -- "Residential Inventory"Certified 157 $49,821,009 $49,821,009 $49,821,009 0.0000 $0 $0 O -- "Residential Inventory" Totals:157 $49,821,009 $49,821,009 $49,821,009 0.0000 $0 $0 ARB Totals:64 $105,041,191 $103,869,541 $90,148,320 9.2000 $199,447 $2,656,587 Certified Totals:1,245 $1,921,379,329 $1,794,975,874 $1,626,780,352 1,726.7085 $96,950,253 $76,401,804 Incomplete Totals:82 $82,350,188 $81,040,432 $75,925,459 0.0000 $0 $0 In Process Totals:11 $0 $0 $0 0.0000 $0 $0 Report Totals:1,402 $2,108,770,708 $1,979,885,847 $1,792,854,131 1,735.9085 $97,149,700 $79,058,391 This report contains All Excluding Absolutes Process Code: 220 Table Group Name: July Roll Entity Exemptions Report 2021 JULY ROLL 037 TOWN OF WESTLAKE Page 1 of 3 7/19/2021 9:11:36 AM Exemption Type Certified Loss Count ARB Loss Count Incomplete Loss Count Total Loss Count Abatements $0 2 $0 0 $0 0 $0 2 Absolute Charitable $0 0 $0 0 $0 0 $0 0 Absolute Miscellaneous $0 0 $0 0 $0 0 $0 0 Absolute Public $27,583,808 61 $0 0 $0 0 $27,583,808 61 Absolute Religious & Private Schools $0 0 $0 0 $0 0 $0 0 Community Housing Development $0 0 $0 0 $0 0 $0 0 Disabled Vet 100%$710,000 1 $0 0 $0 0 $710,000 1 Disabled Vet 10-29%$0 0 $0 0 $0 0 $0 0 Disabled Vet 30-49%$7,500 1 $0 0 $0 0 $7,500 1 Disabled Vet 50-69%$10,000 1 $10,000 1 $0 0 $20,000 2 Disabled Vet 70-99%$12,000 1 $0 0 $0 0 $12,000 1 Donated Disabled Vet $0 0 $0 0 $0 0 $0 0 Foreign Trade Zone $0 0 $0 0 $0 0 $0 0 Historic Sites $0 0 $0 0 $0 0 $0 0 Homestead Local Option-Disabled Person $10,000 1 $0 0 $0 0 $10,000 1 Homestead Local Option-Disabled Person Over 65 $0 0 $0 0 $0 0 $0 0 Homestead Local Option-General $162,947,931 411 $13,643,221 31 $890,455 1 $177,481,607 443 Homestead Local Option-Over 65 $932,000 94 $68,000 7 $10,000 1 $1,010,000 102 Homestead State Mandated-Disabled Person $0 0 $0 0 $0 0 $0 0 Homestead State Mandated-Disabled Person Over 65 $0 0 $0 0 $0 0 $0 0 Homestead State Mandated-General $0 0 $0 0 $0 0 $0 0 Homestead State Mandated-Over 65 $0 0 $0 0 $0 0 $0 0 Indigent Housing $0 0 $0 0 $0 0 $0 0 Inventory $0 0 $0 0 $0 0 $0 0 Misc Personal Property (Vehicles, etc.)$1,967,311 9 $0 0 $4,151,167 17 $6,118,478 26 Nominal Value $491 1 $0 0 $400 1 $891 2 Pollution control $0 0 $0 0 $62,951 1 $62,951 1 Property Damaged by Disaster $1,598,289 5 $0 0 $0 0 $1,598,289 5 Solar & Wind Powered Devices $0 0 $0 0 $0 0 $0 0 Surviving Spouse Disabled Vet 100%$0 0 $0 0 $0 0 $0 0 Surviving Spouse Donated Disabled Vet $0 0 $0 0 $0 0 $0 0 Entity Exemptions Report 2021 JULY ROLL 037 TOWN OF WESTLAKE Page 2 of 3 7/19/2021 9:11:36 AM Exemption Type Certified Loss Count ARB Loss Count Incomplete Loss Count Total Loss Count Surviving Spouse KIA Armed Service Member $0 0 $0 0 $0 0 $0 0 Surviving Spouse of First Responder KLD $0 0 $0 0 $0 0 $0 0 Transfer Base Value for SS Disable Vet $0 0 $0 0 $0 0 $0 0 Transfer Base Value SS KIA Armed Service Member $0 0 $0 0 $0 0 $0 0 Transfer Base Value SS of First Responder KLD $0 0 $0 0 $0 0 $0 0 Subtotals ==>$195,779,330 588 $13,721,221 39 $5,114,973 21 $214,615,524 648 Entity Exemptions Report 2021 JULY ROLL 037 TOWN OF WESTLAKE Page 3 of 3 7/19/2021 9:11:36 AM Total Appraised *$2,007,469,655 Absolute Exempt $27,583,808 Cases Before ARB $103,869,541 Incompletes $81,040,432 Partial Exemptions $168,195,522 Calculated Net Taxable Value $1,626,780,352 Total # of Accounts *1,463 * Only includes totals from Agricultural Properties, Mineral Lease Properties, Personal Property Commercial, Personal Property Industrial, Real Estate Commercial, Real Estate Industrial, and Real Estate Residential. Entity Totals Exemption Type Certified Loss Count ARB Loss Count Incomplete Loss Count Total Loss Count Prorated Absolute (included in above Absolute categories)$0 0 $0 0 $0 0 $0 0 Deferral Type Certified Loss Count ARB Loss Count Incomplete Loss Count Total Loss Count Ag Deferrals $96,950,253 81 $199,447 1 $0 0 $97,149,700 82 Scenic Deferrals $0 0 $0 0 $0 0 $0 0 Subtotals ==>$96,950,253 81 $199,447 1 $0 0 $97,149,700 82 In Process $0 Entities Residential Graph Report 7/18/2021 7:16:38 PMTOWN OF WESTLAKE 2021 Total Parcel Counts:569 Average Market:2,111,456 Average NTV:1,769,060 DENTON County As of Certification2021 CERTIFIED TOTALS C44 - WESTLAKE TOWN OF ARB Approved TotalsProperty Count: 52 1:45:43PM7/24/2021 Land Value Homesite:108,900 Non Homesite:17,324,594 Ag Market:35,614,175 Timber Market:53,047,669Total Land (+)0 Improvement Value Homesite:54,421 Non Homesite:447,276,944 Total Improvements (+)447,331,365 Non Real ValueCount Personal Property:14 23,870,639 Mineral Property:00 Autos:00Total Non Real (+)23,870,639 Market Value =524,249,673 ExemptAg Non Exempt 35,614,175 0 Total Productivity Market: Ag Use:25,025 0 35,589,150 (-)Productivity Loss Timber Use:00 =Appraised Value 488,660,523 Productivity Loss:035,589,150 0(-)Homestead Cap =Assessed Value 488,660,523 (-)Total Exemptions Amount (Breakdown on Next Page) 451,352,740 =Net Taxable 37,307,783 APPROXIMATE TOTAL LEVY = NET TAXABLE * (TAX RATE / 100) 62,632.31 = 37,307,783 * (0.167880 / 100) 524,249,673Certified Estimate of Market Value: 37,307,783Certified Estimate of Taxable Value: Tax Increment Finance Value:0 Tax Increment Finance Levy:0.00 Page 523 of 2428C44/652999 DENTON County As of Certification2021 CERTIFIED TOTALS C44 - WESTLAKE TOWN OF Exemption Breakdown StateLocalExemption Count Total 7/24/2021 1:45:43PMProperty Count: 52 ARB Approved Totals AB 5 448,676,741 0 448,676,741 EX-XV 16 0 2,675,923 2,675,923 EX366 1 0 76 76 Totals 448,676,741 2,675,999 451,352,740 Page 524 of 2428C44/652999 DENTON County As of Certification2021 CERTIFIED TOTALS C44 - WESTLAKE TOWN OF Under ARB Review TotalsProperty Count: 3 1:45:43PM7/24/2021 Land Value Homesite:0 Non Homesite:0 Ag Market:347,531 Timber Market:347,531Total Land (+)0 Improvement Value Homesite:0 Non Homesite:0 Total Improvements (+)0 Non Real ValueCount Personal Property:1 15,911 Mineral Property:00 Autos:00Total Non Real (+)15,911 Market Value =363,442 ExemptAg Non Exempt 347,531 0 Total Productivity Market: Ag Use:334 0 347,197 (-)Productivity Loss Timber Use:00 =Appraised Value 16,245 Productivity Loss:0347,197 0(-)Homestead Cap =Assessed Value 16,245 (-)Total Exemptions Amount (Breakdown on Next Page) 0 =Net Taxable 16,245 APPROXIMATE TOTAL LEVY = NET TAXABLE * (TAX RATE / 100) 27.27 = 16,245 * (0.167880 / 100) 128,576Certified Estimate of Market Value: 16,245Certified Estimate of Taxable Value: Tax Increment Finance Value:0 Tax Increment Finance Levy:0.00 Page 525 of 2428C44/652999 DENTON County As of Certification2021 CERTIFIED TOTALS C44 - WESTLAKE TOWN OF Exemption Breakdown StateLocalExemption Count Total 7/24/2021 1:45:43PM Totals Page 526 of 2428C44/652999 DENTON County As of Certification2021 CERTIFIED TOTALS C44 - WESTLAKE TOWN OF Grand TotalsProperty Count: 55 1:45:43PM7/24/2021 Land Value Homesite:108,900 Non Homesite:17,324,594 Ag Market:35,961,706 Timber Market:53,395,200Total Land (+)0 Improvement Value Homesite:54,421 Non Homesite:447,276,944 Total Improvements (+)447,331,365 Non Real ValueCount Personal Property:15 23,886,550 Mineral Property:00 Autos:00Total Non Real (+)23,886,550 Market Value =524,613,115 ExemptAg Non Exempt 35,961,706 0 Total Productivity Market: Ag Use:25,359 0 35,936,347 (-)Productivity Loss Timber Use:00 =Appraised Value 488,676,768 Productivity Loss:035,936,347 0(-)Homestead Cap =Assessed Value 488,676,768 (-)Total Exemptions Amount (Breakdown on Next Page) 451,352,740 =Net Taxable 37,324,028 APPROXIMATE TOTAL LEVY = NET TAXABLE * (TAX RATE / 100) 62,659.58 = 37,324,028 * (0.167880 / 100) 524,378,249Certified Estimate of Market Value: 37,324,028Certified Estimate of Taxable Value: Tax Increment Finance Value:0 Tax Increment Finance Levy:0.00 Page 527 of 2428C44/652999 DENTON County As of Certification2021 CERTIFIED TOTALS C44 - WESTLAKE TOWN OF Exemption Breakdown StateLocalExemption Count Total 7/24/2021 1:45:43PMProperty Count: 55 Grand Totals AB 5 448,676,741 0 448,676,741 EX-XV 16 0 2,675,923 2,675,923 EX366 1 0 76 76 Totals 448,676,741 2,675,999 451,352,740 Page 528 of 2428C44/652999 DENTON County As of Certification2021 CERTIFIED TOTALS C44 - WESTLAKE TOWN OF ARB Approved TotalsProperty Count: 52 7/24/2021 1:45:43PM State Category Breakdown State Code Description Count Market ValueAcres New Value Taxable Value C1 VACANT LOTS AND LAND TRACTS 1 $0 $117,743 $58,8711.8020 D1 QUALIFIED AG LAND 20 $0 $35,614,175 $23,704327.9608 D2 NON-QUALIFIED LAND 2 $0 $23,097 $23,097 E FARM OR RANCH IMPROVEMENT 3 $0 $2,316,767 $1,313,43818.2370 F1 COMMERCIAL REAL PROPERTY 3 $348,099,690 $459,631,329 $31,878,53352.8600 J3 ELECTRIC COMPANY (INCLUDING C 2 $0 $1,002,980 $1,002,980 J4 TELEPHONE COMPANY (INCLUDI 4 $0 $573,220 $573,220 J7 CABLE TELEVISION COMPANY 4 $0 $198,720 $198,720 L1 COMMERCIAL PERSONAL PROPE 3 $21,655,584 $22,095,643 $2,235,220 X TOTALLY EXEMPT PROPERTY 17 $0 $2,675,999 $0150.8894 Totals 551.7492 $369,755,274 $524,249,673 $37,307,783 Page 529 of 2428C44/652999 DENTON County As of Certification2021 CERTIFIED TOTALS C44 - WESTLAKE TOWN OF Under ARB Review TotalsProperty Count: 3 7/24/2021 1:45:43PM State Category Breakdown State Code Description Count Market ValueAcres New Value Taxable Value D1 QUALIFIED AG LAND 2 $0 $347,531 $3345.3884 L1 COMMERCIAL PERSONAL PROPE 1 $0 $15,911 $15,911 Totals 5.3884 $0 $363,442 $16,245 Page 530 of 2428C44/652999 DENTON County As of Certification2021 CERTIFIED TOTALS C44 - WESTLAKE TOWN OF Grand TotalsProperty Count: 55 7/24/2021 1:45:43PM State Category Breakdown State Code Description Count Market ValueAcres New Value Taxable Value C1 VACANT LOTS AND LAND TRACTS 1 $0 $117,743 $58,8711.8020 D1 QUALIFIED AG LAND 22 $0 $35,961,706 $24,038333.3492 D2 NON-QUALIFIED LAND 2 $0 $23,097 $23,097 E FARM OR RANCH IMPROVEMENT 3 $0 $2,316,767 $1,313,43818.2370 F1 COMMERCIAL REAL PROPERTY 3 $348,099,690 $459,631,329 $31,878,53352.8600 J3 ELECTRIC COMPANY (INCLUDING C 2 $0 $1,002,980 $1,002,980 J4 TELEPHONE COMPANY (INCLUDI 4 $0 $573,220 $573,220 J7 CABLE TELEVISION COMPANY 4 $0 $198,720 $198,720 L1 COMMERCIAL PERSONAL PROPE 4 $21,655,584 $22,111,554 $2,251,131 X TOTALLY EXEMPT PROPERTY 17 $0 $2,675,999 $0150.8894 Totals 557.1376 $369,755,274 $524,613,115 $37,324,028 Page 531 of 2428C44/652999 DENTON County As of Certification2021 CERTIFIED TOTALS C44 - WESTLAKE TOWN OF ARB Approved Totals 1:45:43PM7/24/2021Property Count: 52 CAD State Category Breakdown State Code Description Count Acres New Value Market Value Taxable Value C2 COMMERCIAL VACANT LOT 1 $0 $117,743 $58,8711.8020 D1 QUALIFIED AG LAND 20 $0 $35,614,175 $23,704327.9608 D2 FARM AND RANCH IMPSS ON QUALI 2 $0 $23,097 $23,097 E1 LAND AND IMPROVMENTS (NON AG Q 2 $0 $310,110 $310,1108.0000 E4 VACANT NON QUALIFIED NON HOME 1 $0 $2,006,657 $1,003,32810.2370 F1 REAL COMMERCIAL 3 $348,099,690 $459,631,329 $31,878,53352.8600 J3 REAL & TANGIBLE PERSONAL, UTIL 2 $0 $1,002,980 $1,002,980 J4 REAL & TANGIBLE PERSONAL, UTIL 4 $0 $573,220 $573,220 J7 REAL & TANGIBLE PERSONAL, UTIL 4 $0 $198,720 $198,720 L1 BPP TANGIBLE COMERCIAL PROPER 1 $21,655,584 $22,068,137 $2,207,714 L3 BPP TANGIBLE COMMERCIAL LEASE 2 $0 $27,506 $27,506 X17$0 $2,675,999 $0150.8894 Totals 551.7492 $369,755,274 $524,249,673 $37,307,783 Page 532 of 2428C44/652999 DENTON County As of Certification2021 CERTIFIED TOTALS C44 - WESTLAKE TOWN OF Under ARB Review Totals 1:45:43PM7/24/2021Property Count: 3 CAD State Category Breakdown State Code Description Count Acres New Value Market Value Taxable Value D1 QUALIFIED AG LAND 2 $0 $347,531 $3345.3884 L3 BPP TANGIBLE COMMERCIAL LEASE 1 $0 $15,911 $15,911 Totals 5.3884 $0 $363,442 $16,245 Page 533 of 2428C44/652999 DENTON County As of Certification2021 CERTIFIED TOTALS C44 - WESTLAKE TOWN OF Grand Totals 1:45:43PM7/24/2021Property Count: 55 CAD State Category Breakdown State Code Description Count Acres New Value Market Value Taxable Value C2 COMMERCIAL VACANT LOT 1 $0 $117,743 $58,8711.8020 D1 QUALIFIED AG LAND 22 $0 $35,961,706 $24,038333.3492 D2 FARM AND RANCH IMPSS ON QUALI 2 $0 $23,097 $23,097 E1 LAND AND IMPROVMENTS (NON AG Q 2 $0 $310,110 $310,1108.0000 E4 VACANT NON QUALIFIED NON HOME 1 $0 $2,006,657 $1,003,32810.2370 F1 REAL COMMERCIAL 3 $348,099,690 $459,631,329 $31,878,53352.8600 J3 REAL & TANGIBLE PERSONAL, UTIL 2 $0 $1,002,980 $1,002,980 J4 REAL & TANGIBLE PERSONAL, UTIL 4 $0 $573,220 $573,220 J7 REAL & TANGIBLE PERSONAL, UTIL 4 $0 $198,720 $198,720 L1 BPP TANGIBLE COMERCIAL PROPER 1 $21,655,584 $22,068,137 $2,207,714 L3 BPP TANGIBLE COMMERCIAL LEASE 3 $0 $43,417 $43,417 X17$0 $2,675,999 $0150.8894 Totals 557.1376 $369,755,274 $524,613,115 $37,324,028 Page 534 of 2428C44/652999 DENTON County As of Certification2021 CERTIFIED TOTALS C44 - WESTLAKE TOWN OF Property Count: 55 7/24/2021 1:45:43PM Effective Rate Assumption New Value TOTAL NEW VALUE MARKET:$369,755,274 TOTAL NEW VALUE TAXABLE:$30,647,043 New Exemptions Exemption Description Count ABSOLUTE EXEMPTIONS VALUE LOSS Exemption Description Count Exemption Amount PARTIAL EXEMPTIONS VALUE LOSS NEW EXEMPTIONS VALUE LOSS $0 Increased Exemptions Increased Exemption AmountCountDescriptionExemption INCREASED EXEMPTIONS VALUE LOSS TOTAL EXEMPTIONS VALUE LOSS $0 New Ag / Timber Exemptions New Annexations New Deannexations Average Homestead Value Count of HS Residences Average TaxableAverage HS ExemptionAverage Market Lower Value Used Count of Protested Properties Total Market Value Total Value Used 3 $363,442.00 $16,245 Page 535 of 2428C44/652999 TARRANT COUNTY TAX OFFICE Wendy Burgess 100 E Weatherford St, Room 105 Tax Assessor-Collector Fort Worth, Texas 76196-0301 817-884-1100 Taxoffice@tarrantcounty.com July 29, 2021 Ms Ginger Awtry Town of Westlake 3 Village Circle Westlake TX 76262 Re: Certified Estimate of Anticipated Collection Rate for Tax Year 2021 Dear Ms Awtry: Texas Tax Code Sec. 26.04(b)requires your Tax Collector to certify your entity’s anticipated collection rate for the current year. New law now requires the collector to look at the preceding three years to determine that rate. (Sec. 26.04(h-1)) To find the estimated collection rate, the collector must first estimate the taxing unit's total debt collections from July 1 of the current year through June 30 of the next year. This estimate equals the total tax dollars that will be collected for current debt taxes, delinquent taxes, special appraisal rollback taxes (e.g. agriculture, etc.), penalties and interest. The anticipated collection rate of a taxing unit is a rate certified by the collector and can be no lower than the lowest actual collection rate of the taxing unit for any of the preceding three years and may even exceed 100%. The collector compares this amount to what the taxing unit plans to levy for paying debt service in the current fiscal year. Dividing the estimated collections by the required debt payments gives the estimated collection rate. For example, the collector projects the taxing unit will take in $950,000 in debt revenues before July 1 of next year. The taxing unit's budget calls for it to levy $1 million in debt service taxes for the current year. The anticipated collection rate is $950,000 divided by $1 million, or 95 percent. Using an anticipated collection rate of less than 100 percent in the calculations creates a higher debt levy than necessary to service the debt. Delinquent taxes from prior years may generate more than a 100 percent rate If the actual collection rate for 2020 exceeded the anticipated rate for that year, the collector must also certify the amount of debt taxes collected in excess of the anticipated rate. When calculating the debt rate for 2021, the rate must be adjusted to compensate for any excess debt collections in 2020. Your taxing unit’s actual collection rates for the preceding three years are: 2020 __99.29 2019 __100.83___ 2018 __99.67__ Based on the data above, the estimated anticipated collection rate for your entity for tax year 2021 is 100% Your excess debt collection for the 2020 tax year is $57,445. If I may be of further assistance to you, please call me at (817) 884-1123 or email arice@tarrantcounty.com. Sincerely, Amelia Rice, PCC Director, Property Tax Office of Wendy Burgess, PCC, CTOP, PCAC, CSTA Tarrant County Tax Assessor-Collector