Current LISD Tax Rate Structure

2010/11
I LlSO M&O. Recapture Recapture Wealth
Current Tax Rate Structure Tax Effort Amt. Level Level Notes

..M~Q.I~~.R?~~...
,
2.9.Q9!gQ9.f? .A.cj9mf?~ ... .............. ... ........ , ....... ............
...~.1·.4~.~ " ' ••••••••••••••.• <, • ~ ••• ~ • , ••.• " , " • '•••••.••••

h"ax rate compression to 2/3 of the adopted

J.~9~9.r.
Q.qmp~~~.s.iql) ................ ,... ...9~;·~?%
... .................. ................... ......... , . ~Qq~~~qQ9 .1131<. ~~t~.......•.....•.........
'~:.,c61t)Oc Iwealth is equalized at 88% percentile of
0 I

Iwealth in State on tax effort at the

!~X Rf!t.~..................
Q.qJ.1:lP~~~~.f?~. ... ~.q..~~~... ~............... . ... ~~r(~I?q9.... .J~yy'~1..
qqrpP!~~~!lP.
~~t~•.....•...•...•..........

"Golden Pennies" of tax effort matched by

he State to Austin ISO yield of $59.97 per
... .... .... ........ , ..................... ... .~P;.q4.... ....... q ......
"Golden
, '
Pennies"
, ·~9.R~~~pt\Jr~.. ..gWP .. p'~~~y.f9r.1.q/~ .1••.••.••••.••••••.••.•.•••
"Golden Pennies" of tax effort matched by
, he State to Austin ISO yield of $59.97 per
':<;3.'![~~n
.~.E1r:'1ni.~~:'
........................ .. ...f;WP..
" .. ~P:.Q~.... ....... Q...... ·N,9.R~~.~p~\Jr~ Iq~I]I)Y.f9r.1M.1 •..•.......•..............

"Coooer Pennies" $0.014 $319500 Eoualized at Si319500

Est. lTaxation beyond the rollback M&O rate
"Rollback M&O Rate" $1.04 Recapture reauires an election
"Golden Pennies" of lax effort matched by
the State to Austin ISD yield of $59.97 per
".<;3.q~<;I~n.
~.~~ni.~~:'
........................ • t.' , .•.•.•••• . ...~Wq ..
. ... .. . . .~.... ·N,9.R~9.~P.t\J.r~ .1.QIJ.1......•.......••..........
h:~~ry~Y,f9r
$768,937/
$15,360,019
"Coooer Pennies" $0.13 U. ."\0ID $319500 EWL3 Eouallzed at $319 500

Maximum Allowable M&O Tax Rate $1.17

 CurrentLISD Tax Rate Structure vs. Maximum Tax Rate

Maximum Tax Rate $1.17

Rollback Tax Rate $1.04

Additional Copper Pennies Available via Voter Approval $0.13

Est. Levy from $0.01 M&O Rate Subject to Recapture:

Est. 2010 PV [assumes flat - 2010 CPTD not yet available] $12,660,093,239
Tax Rate Subject to Recapture 0.01
Levy/Penny at 98% collection rate $1,240,689.14

lEst of 11/12 Recapture per Penny @4.77% est. recapture rate $59,1491

lEst. Yield per Penny ..net Recapture $1,181,5401

lMaximum Allowable Yield Estimate for all 13¢ .. net recapture $15,360,018.881
 Estimated Effect of M&O Tax Rate Increase Scenarios On Avg LISD Home:
Assumes Property Values Remain Flat

Published Effect of 1¢ Effectof6¢ : Effect of 13¢

As Adopted at $1.4548 2010/2011 201112012 201112012 201112012
Avg Market/Assessed Value of
Residences
......... , ........................................................ $235235
..................... ~..... .••••••••••••••
$235231;
,1•••. I.-:J ........ $.? ~~,,'?~.~ $235235
• •••••••••••••• J ••••••

Ava Taxable Value of Residences $219.325 $219§325 $219 325

J $219.32S
fy1.~Q..R~~~ ... ... .......
................................................ $:t.:9.1999 ........ $1..9~9.9.9........ $.1...1.9.9.9.Q ........ $.1:.17Q.9P
I&S Rate Iunchanoed for this studvl $0.41480 $0.41480 $0.41480 $0.41480
Total Tax Rate $1.45480 $1.46480 $1.51480 $1.58480
Arm..!?I. T~x~~..9.1}. A.Y~r~g~.R.~.~!q~r~~
........ •••.•.••••••••••
$3 1 190.74
•••...•••. .......$~}.~1.?·.~! ....... $.~,}??"';i4.......$.$).47~:.~.~
Annual
, •• , •••••••••••••••••••••
Increase 4 in Taxes
•• ,' •••••• .,. •••••••••••••• , •• "·'1" ••••• .. ..........................
, • • 'f
$21.93 ..........$.1.9.~:.~7
•• ~ •••••••••••••••••
..........$1.5..~:.~~
T?~~~
fy1.9.l}.t.~Jy.)~9.~~?~~.!~ ........................ •••• ~ 4 • , ••• , ••••• , •• , •••• , • .............. $.1:.?~............ ,,$~:.1.4............
$.1??~
% Chanae 0.69% 3.41% 4.62%