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RES 2019-22 Tax Roll TOWN OF TROPHY CLUB, TEXAS RESOLUTION NO. 2019-22 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TROPHY CLUB, TEXAS APPROVING THE TAX ROLL OF THE DENTON CENTRAL APPRAISAL DISTRICT AND TARRANT APPRAISAL DISTRICT; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the Denton Central Appraisal District and Tarrant Appraisal District have each presented a certified tax roll to the Town of Trophy Club, Texas which includes all taxable property within Trophy Club that is located in both Denton and Tarrant Counties; and WHEREAS, the Town Council desires to approve and accept both certified rolls, and a copy of each are attached hereto and incorporated herein as Exhibit "A". NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF TROPHY CLUB, TEXAS: Section 1. That the tax roll of the Denton Central Appraisal District and Tarrant Appraisal District for the Town of Trophy Club, Texas for the tax year 2019, a true and correct copy of each being attached as Exhibit "A" and incorporated herein, is approved and accepted. Such tax roll shall constitute the Town's tax roll for the 2019 tax year. Section 2. That Exhibit "B" specifying the net taxable appraised value, the current FY 2020 tax rate approved by the Town Council, and the total tax actually levied for real property, personal property and minerals, is hereby approved and accepted. A copy of Exhibit "B" is attached hereto and incorporated herein. Section 3. That this Resolution shall become effective from and after its date of passage in accordance with law. PASSED AND APPROVED by the Town Council of the Town of Trophy Club, Texas on this 24th day of September 2019. ` C. Nick Sanders, Mayor Town of Trophy Club, Texas TROP ATTEST: AL] 6')- APPROVED AS TO FORM: ! * : ` 4j9...._d.)03Holl FimTown , - a ' h . a ' 'Dodd Ill, Town Attorney Y rY �� Town of Trophy Club, =glRY 1 ," Town of Trophy Club, Texas EXHIBIT "A" CERTIFIED TAX ROLLS FOR DENTON COUNTY AND TARRANT COUNTY DENTON County 2019 CERTIFIED TOTALS As of Certification C28-TROPHY CLUB TOWN OF Property Count:4,651 ARB Approved Totals 7/18/2019 4:50:56PM Land Value Homesite: 395,471,525 Non Homesite: 111,066,507 Ag Market: 472,835 Timber Market: 0 Total Land (+) 507,010,867 Improvement Value Homesite: 1,515,762,052 Non Homesite: 85,536,160 Total Improvements (+) 1,601,298,212 Non Real Count Value Personal Property: 194 25,119,903 Mineral Property: 0 0 Autos: 0 0 Total Non Real (+) 25,119,903 Market Value = 2,133,428,982 Ag Non Exempt Exempt Total Productivity Market: 472,835 0 Ag Use: 481 0 Productivity Loss (-) 472,354 Timber Use: 0 0 Appraised Value = 2,132,956,628 Productivity Loss: 472,354 0 Homestead Cap (-) 5,845,381 Assessed Value = 2,127,111,247 Total Exemptions Amount (-) 173,637,626 (Breakdown on Next Page) Net Taxable = 1,953,473,621 Freeze Assessed Taxable Actual Tax Ceiling Count DP 5,969,891 5,893,337 21,222.92 21,222.92 15 OV65 350,263,007 310,232,368 1,059,129.45 1,071,517.99 842 Total 356,232,898 316,125,705 1,080,352.37 1,092,740.91 857 Freeze Taxable (-) 316,125,705 Tax Rate 0.446442 Freeze Adjusted Taxable = 1,637,347,916 APPROXIMATE LEVY=(FREEZE ADJUSTED TAXABLE*(TAX RATE/100))+ACTUAL TAX 8,390,161.15=1,637,347,916*(0.446442/100)+ 1,080,352.37 Tax Increment Finance Value: 0 Tax Increment Finance Levy: 0.00 C28/652983 Page 346 of 2191 True Automation.Inc. DENTON County 2019 CERTIFIED TOTALS As of Certification C28-TROPHY CLUB TOWN OF Property Count:4,651 ARB Approved Totals 7/18/2019 4:52:44PM Exemption Breakdown Exemption Count Local State Total I DP 17 0 0 0 DV1 25 0 190,200 190,200 DV2 13 0 120,000 120,000 DV2S 1 0 7,500 7,500 DV3 24 0 246,000 246,000 DV4 41 0 264,000 264,000 DV4S 4 0 0 0 DVHS 26 0 11,954,915 11,954,915 DVHSS 4 0 1,360,155 1,360,155 EX-XV 72 0 109,170,303 109,170,303 EX366 19 0 5,290 5,290 HS 3,481 19,011,919 0 19,011,919 OV65 880 29,974,194 0 29,974,194 OV65S 40 1,330,000 0 1,330,000 PC 1 3,150 0 3,150 Totals 50,319,263 123,318,363 173,637,626 C28/652983 Page 347 of 2191 True Automation,Inc. DENTON County 2019 CERTIFIED TOTALS As of Certification C28-TROPHY CLUB TOWN OF Property Count: 166 Under ARB Review Totals 7/18/2019 4:50:56PM Land Value Homesite: 9,637,466 Non Homesite: 953,267 Ag Market: 0 Timber Market: 0 Total Land + ( ) 10,590,733 Improvement Value Homesite: 37,210,594 Non Homesite: 4,986,091 Total Improvements (+) 42,196,685 Non Real Count Value Personal Property: 7 610,657 Mineral Property: 0 0 Autos: 0 0 Total Non Real (+) 610,657 Market Value = 53,398,075 Ag Non Exempt Exempt Total Productivity Market: 0 0 Ag Use: 0 0 Productivity Loss (-) 0 Timber Use: 0 0 Appraised Value = 53,398,075 Productivity Loss: 0 0 Homestead Cap (-) 0 Assessed Value = 53,398,075 Total Exemptions Amount (-) 1,265,628 (Breakdown on Next Page) Net Taxable = 52,132,447 Freeze Assessed Taxable Actual Tax Ceiling Count OV65 4,363,688 3,803,688 16,981.25 29,570.71 14 Total 4,363,688 3,803,688 16,981.25 29,570.71 14 Freeze Taxable (-) 3,803,688 Tax Rate 0.446442 Freeze Adjusted Taxable = 48,328,759 APPROXIMATE LEVY=(FREEZE ADJUSTED TAXABLE*(TAX RATE/100))+ACTUAL TAX 232,741.13=48,328,759*(0.446442/100)+ 16,981.25 Tax Increment Finance Value: 0 Tax Increment Finance Levy: 0.00 C28/652983 Page 348 of 2191 True Automation,Inc. DENTON County 2019 CERTIFIED TOTALS As of Certification C28-TROPHY CLUB TOWN OF Property Count: 166 Under ARB Review Totals 7/18/2019 4:52:44PM Exemption Breakdown Exemption Count Local State Total DV2 1 0 7,500 7,500 DV3 2 0 20,000 20,000 EX366 1 0 138 138 HS 135 677,990 0 677,990 OV65 14 490,000 0 490,000 OV65S 2 70,000 0 70,000 Totals 1,237,990 27,638 1,265,628 C28/652983 Page 349 of 2191 True Automation,Inc. DENTON County 2019 CERTIFIED TOTALS As of Certification C28-TROPHY CLUB TOWN OF Property Count:4,817 Grand Totals 7/18/2019 4:50:56PM ILand Value I Homesite: 405,108,991 Non Homesite: 112,019,774 Ag Market: 472,835 Timber Market: 0 Total Land (-0( ) 517,601,600 Improvement Value Homesite: 1,552,972,646 Non Homesite: 90,522,251 Total Improvements (+) 1,643,494,897 Non Real Count Value I Personal Property: 201 25,730,560 Mineral Property: 0 0 Autos: 0 0 Total Non Real + ( ) 25,730,560 Market Value = 2,186,827,057 Ag Non Exempt Exempt Total Productivity Market: 472,835 0 Ag Use: 481 0 Productivity Loss (-) 472,354 Timber Use: 0 0 Appraised Value = 2,186,354,703 Productivity Loss: 472,354 0 Homestead Cap (-) 5,845,381 Assessed Value = 2,180,509,322 Total Exemptions Amount (-) 174,903,254 (Breakdown on Next Page) Net Taxable = 2,005,606,068 Freeze Assessed Taxable Actual Tax Ceiling Count DP 5,969,891 5,893,337 21,222.92 21,222.92 15 OV65 354,626,695 314,036,056 1,076,110.70 1,101,088.70 856 Total 360,596,586 319,929,393 1,097,333.62 1,122,311.62 871 Freeze Taxable (-) 319,929,393 Tax Rate 0.446442 Freeze Adjusted Taxable = 1,685,676,675 APPROXIMATE LEVY=(FREEZE ADJUSTED TAXABLE*(TAX RATE/100))+ACTUAL TAX 8,622,902.28=1,685,676,675*(0.446442/100)+ 1,097,333.62 Tax Increment Finance Value: 0 Tax Increment Finance Levy: 0.00 C28/652983 Page 350 of 2191 True Automation,Inc. DENTON County 2019 CERTIFIED TOTALS As of Certification C28 -TROPHY CLUB TOWN OF Property Count:4,817 Grand Totals 7/18/2019 4:52:44PM Exemption Breakdown Exemption Count Local State Total DP 17 0 0 0 DV1 25 0 190,200 190,200 DV2 14 0 127,500 127,500 DV2S 1 0 7,500 7,500 DV3 26 0 266,000 266,000 DV4 41 0 264,000 264,000 DV4S 4 0 0 0 DVHS 26 0 11,954,915 11,954,915 DVHSS 4 0 1,360,155 1,360,155 EX-XV 72 0 109,170,303 109,170,303 EX366 20 0 5,428 5,428 HS 3,616 19,689,909 0 19,689,909 OV65 894 30,464,194 0 30,464,194 OV65S 42 1,400,000 0 1,400,000 PC 1 3,150 0 3,150 Totals 51,557,253 123,346,001 174,903,254 C28/652983 Page 351 of 2191 True Automation,Inc. DENTON County 2019 CERTIFIED TOTALS As of Certification C28-TROPHY CLUB TOWN OF Property Count:4,651 ARB Approved Totals 7/18/2019 4:52:44PM State Category Breakdown State Code Description Count Acres New Value Market Value Taxable Value A SINGLE FAMILY RESIDENCE 4,133 $21,506,251 $1,907,733,907 $1,837,469,643 B MULTIFAMILY RESIDENCE 3 $0 $6,440,653 $6,440,653 Cl VACANT LOTS AND LAND TRACTS 127 $0 $5,087,579 $5,087,579 D1 QUALIFIED AG LAND 2 7.3930 $0 $472,835 $401 D2 NON-QUALIFIED LAND 1 $0 $5,596 $4,180 E FARM OR RANCH IMPROVEMENT 15 33.9840 $0 $337,958 $299,454 F1 COMMERCIAL REAL PROPERTY 40 $5,348,750 $71,965,021 $71,965,021 J2 GAS DISTRIBUTION SYSTEM 1 $0 $1,668,630 $1,668,630 J3 ELECTRIC COMPANY(INCLUDING C 3 $0 $8,184,250 $8,184,250 J4 TELEPHONE COMPANY(INCLUDI 11 $0 $1,636,250 $1,636,250 J7 CABLE TELEVISION COMPANY 4 $0 $589,170 $589,170 J8 OTHER TYPE OF UTILITY 1 $0 $670 $670 L1 COMMERCIAL PERSONAL PROPE 154 $0 $13,032,193 $13,029,043 O RESIDENTIAL INVENTORY 79 $1,406,795 $7,098,677 $7,098,677 X TOTALLY EXEMPT PROPERTY 91 $13,445,966 $109,175,593 $0 Totals 41.3770 $41,707,762 $2,133,428,982 $1,953,473,621 C28/652983 Page 352 of 2191 True Automation,Inc. DENTON County 2019 CERTIFIED TOTALS As of Certification C28-TROPHY CLUB TOWN OF Property Count: 166 Under ARB Review Totals 7/18/2019 4:52.44PM State Category Breakdown State Code Description Count Acres New Value Market Value Taxable Value A SINGLE FAMILY RESIDENCE 157 $1,384,910 $46,917,276 $45,651,786 F1 COMMERCIAL REAL PROPERTY 2 $2,710,071 $5,870,142 $5,870,142 L1 COMMERCIAL PERSONAL PROPE 6 $0 $610,519 $610,519 X TOTALLY EXEMPT PROPERTY 1 $0 $138 $0 Totals 0.0000 $4,094,981 $53,398,075 $52,132,447 C28/652983 Page 353 of 2191 True Automation,Inc. DENTON County 2019 CERTIFIED TOTALS As of Certification C28-TROPHY CLUB TOWN OF Property Count:4,817 Grand Totals 7/18/2019 4:52:44PM State Category Breakdown State Code Description Count Acres New Value Market Value Taxable Value A SINGLE FAMILY RESIDENCE 4,290 $22,891,161 $1,954,651,183 $1,883,121,429 B MULTIFAMILY RESIDENCE 3 $0 $6,440,653 $6,440,653 Cl VACANT LOTS AND LAND TRACTS 127 $0 $5,087,579 $5,087,579 D1 QUALIFIED AG LAND 2 7.3930 $0 $472,835 $401 D2 NON-QUALIFIED LAND 1 $0 $5,596 $4,180 E FARM OR RANCH IMPROVEMENT 15 33.9840 $0 $337,958 $299,454 F1 COMMERCIAL REAL PROPERTY 42 $8,058,821 $77,835,163 $77,835,163 J2 GAS DISTRIBUTION SYSTEM 1 $0 $1,668,630 $1,668,630 J3 ELECTRIC COMPANY(INCLUDING C 3 $0 $8,184,250 $8,184,250 J4 TELEPHONE COMPANY(INCLUDI 11 $0 $1,636,250 $1,636,250 J7 CABLE TELEVISION COMPANY 4 $0 $589,170 $589,170 J8 OTHER TYPE OF UTILITY 1 $0 $670 $670 L1 COMMERCIAL PERSONAL PROPE 160 $0 $13,642,712 $13,639,562 O RESIDENTIAL INVENTORY 79 $1,406,795 $7,098,677 $7,098,677 X TOTALLY EXEMPT PROPERTY 92 $13,445,966 $109,175,731 $0 Totals 41.3770 $45,802,743 $2,186,827,057 $2,005,606,068 C28/652983 Page 354 of 2191 True Automation,Inc. DENTON County 2019 CERTIFIED TOTALS As of Certification C28-TROPHY CLUB TOWN OF Property Count:4,651 ARB Approved Totals 7/18/2019 4:52:44PM CAD State Category Breakdown State Code Description Count Acres New Value Market Value Taxable Value A020 BUILDER HOME PLANS-REFERENC 12 $0 $0 $0 Al REAL,RESIDENTIAL,SINGLE-FAMIL 3,623 $13,778,842 $1,602,945,197 $1,543,453,664 A6 REAL,RESIDENTIAL GOLF COURSE 499 $7,727,409 $304,788,710 $294,015,979 B1 REAL,RESIDENTIAL,APARTMENTS 3 $0 $6,440,653 $6,440,653 Cl REAL,VACANT PLATTED RESIDENT! 117 $0 $762,836 $762,836 C2 COMMERCIAL VACANT LOT 10 $0 $4,324,743 $4,324,743 D1 QUALIFIED AG LAND 2 7.3930 $0 $472,835 $401 D2 FARM AND RANCH IMPSS ON QUALI 1 $0 $5,596 $4,180 El LAND AND IMPROVMENTS (NON AG Q 2 $0 $221,220 $182,716 E4 VACANT NON QUALIFIED NON HOME 13 $0 $116,738 $116,738 Fl REAL COMMERCIAL 35 $5,348,750 $59,841,241 $59,841,241 F4 REAL-COMMERCIAL OFFICE CONDO' 5 $0 $12,123,780 $12,123,780 J2 REAL&TANGIBLE PERSONAL,UTIL 1 $0 $1,668,630 $1,668,630 J3 REAL&TANGIBLE PERSONAL,UTIL 3 $0 $8,184,250 $8,184,250 J4 REAL&TANGIBLE PERSONAL,UTIL 11 $0 $1,636,250 $1,636,250 J7 REAL&TANGIBLE PERSONAL,UTIL 4 $0 $589,170 $589,170 J8 REAL&TANGIBLE PERSONAL,UTIL 1 $0 $670 $670 L1 BPP TANGIBLE COMERCIAL PROPER 90 $0 $9,991,735 $9,988,585 L3 BPP TANGIBLE COMMERCIAL LEASE 63 $0 $3,018,858 $3,018,858 L5 AIRCRAFT 1 $0 $21,600 $21,600 OA1 INVENTORY,RESIDENTIAL SINGLE F 8 $1,406,795 $3,076,011 $3,076,011 OC1 INVENTORY,VACANT PLATTED LOTS 74 $0 $4,022,666 $4,022,666 X 91 $13,445,966 $109,175,593 $0 Totals 7.3930 $41,707,762 $2,133,428,982 $1,953,473,621 C28/652983 Page 355 of 2191 True Automation,Inc. DENTON County 2019 CERTIFIED TOTALS As of Certification C28 -TROPHY CLUB TOWN OF Property Count: 166 Under ARB Review Totals 7/18/2019 4:52:44PM CAD State Category Breakdown State Code Description Count Acres New Value Market Value Taxable Value Al REAL,RESIDENTIAL,SINGLE-FAMIL 119 $1,384,910 $32,897,331 $32,059,831 A6 REAL,RESIDENTIAL GOLF COURSE 38 $0 $14,019,945 $13,591,955 Fl REAL COMMERCIAL 2 $2,710,071 $5,870,142 $5,870,142 Ll BPP TANGIBLE COMERCIAL PROPER 4 $0 $590,523 $590,523 L3 BPP TANGIBLE COMMERCIAL LEASE 2 $0 $19,996 $19,996 X 1 $0 $138 $0 Totals 0.0000 $4,094,981 $53,398,075 $52,132,447 C28/652983 Page 356 of 2191 True Automation,Inc. DENTON County 2019 CERTIFIED TOTALS As of Certification C28-TROPHY CLUB TOWN OF Property Count:4,817 Grand Totals 7/18/2019 4:52:44PM CAD State Category Breakdown State Code Description Count Acres New Value Market Value Taxable Value A020 BUILDER HOME PLANS-REFERENC 12 $0 $0 $0 Al REAL, RESIDENTIAL,SINGLE-FAMIL 3,742 $15,163,752 $1,635,842,528 $1,575,513,495 A6 REAL, RESIDENTIAL GOLF COURSE 537 $7,727,409 $318,808,655 $307,607,934 B1 REAL, RESIDENTIAL,APARTMENTS 3 $0 $6,440,653 $6,440,653 Cl REAL,VACANT PLATTED RESIDENTI 117 $0 $762,836 $762,836 C2 COMMERCIAL VACANT LOT 10 $0 $4,324,743 $4,324,743 D1 QUALIFIED AG LAND 2 7.3930 $0 $472,835 $401 D2 FARM AND RANCH IMPSS ON QUALI 1 $0 $5,596 $4,180 El LAND AND IMPROVMENTS (NON AG Q 2 $0 $221,220 $182,716 E4 VACANT NON QUALIFIED NON HOME 13 $0 $116,738 $116,738 Fl REAL COMMERCIAL 37 $8,058,821 $65,711,383 $65,711,383 F4 REAL-COMMERCIAL OFFICE CONDO' 5 $0 $12,123,780 $12,123,780 J2 REAL&TANGIBLE PERSONAL,UTIL 1 $0 $1,668,630 $1,668,630 J3 REAL&TANGIBLE PERSONAL,UTIL 3 $0 $8,184,250 $8,184,250 J4 REAL&TANGIBLE PERSONAL,UTIL 11 $0 $1,636,250 $1,636,250 J7 REAL&TANGIBLE PERSONAL,UTIL 4 $0 $589,170 $589,170 J8 REAL&TANGIBLE PERSONAL,UTIL 1 $0 $670 $670 Ll BPP TANGIBLE COMERCIAL PROPER 94 $0 $10,582,258 $10,579,108 L3 BPP TANGIBLE COMMERCIAL LEASE 65 $0 $3,038,854 $3,038,854 L5 AIRCRAFT 1 $0 $21,600 $21,600 OA1 INVENTORY,RESIDENTIAL SINGLE F 8 $1,406,795 $3,076,011 $3,076,011 OC1 INVENTORY,VACANT PLATTED LOTS 74 $0 $4,022,666 $4,022,666 X 92 $13,445,966 $109,175,731 $0 Totals 7.3930 $45,802,743 $2,186,827,057 $2,005,606,068 C28/652983 Page 357 of 2191 True Automation,Inc. DENTON County 2019 CERTIFIED TOTALS As of Certification C28-TROPHY CLUB TOWN OF Property Count:4,817 Effective Rate Assumption 7/18/2019 4:52:44PM New Value TOTAL NEW VALUE MARKET: $45,802,743 TOTAL NEW VALUE TAXABLE: $32,184,161 New Exemptions Exemption Description Count EX-XV Other Exemptions(including public property,r 7 2018 Market Value $580,000 EX366 HB366 Exempt 6 2018 Market Value $18,945 ABSOLUTE EXEMPTIONS VALUE LOSS $598,945 Exemption Description Count Exemption Amount DP Disability 2 $0 DV2 Disabled Veterans 30%-49% 1 $7,500 DV3 Disabled Veterans 50%-69% 3 $30,000 DV4 Disabled Veterans 70%-100% 4 $24,000 DVHS Disabled Veteran Homestead 3 $1,116,784 HS Homestead 3,616 $19,689,909 OV65 Over 65 73 $2,537,500 PARTIAL EXEMPTIONS VALUE LOSS 3,702 $23,405,693 NEW EXEMPTIONS VALUE LOSS $24,004,638 Increased Exemptions Exemption Description Count Increased Exemption_Amount INCREASED EXEMPTIONS VALUE LOSS TOTAL EXEMPTIONS VALUE LOSS $24,004,638 New Ag/Timber Exemptions New Annexations New Deannexations Average Homestead Value Category A and E Count of HS Residences Average Market Average HS Exemption Average Taxable 3,616 $463,599 $7,062 $456,537 Category A Only Count of HS Residences Average Market Average HS Exemption Average Taxable I 3,615 $463,685 $7,062 $456,623 C28/652983 Page 358 of 2191 True Automation,Inc. DENTON County 2019 CERTIFIED TOTALS As of Certification C28-TROPHY CLUB TOWN OF Lower Value Used Count of Protested Properties Total Market Value Total Value Used 166 $53,398,075.00 $51,683,372 C28/652983 Page 359 of 2191 True Automation,Inc. Tarrant Appraisal Distract Jeff Law, Chief Appraiser TOWN OF TROPHY CLUB 044 Appraisal Roll Information Valuation Summary as of July 22, 2019 2019 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) > $ 161,683,215 Number of Accounts: 236 Absolute Exemptions $ 12,522,669 Cases before ARB—Appraised Value $ 338,681 Incompletes $ 8,000,277 Partial Exemptions $ 3,097,171 In Process $ NET TAXABLE VALUE > $ 137,724,417 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 > $ 143,495,567 Including suggested values to be used for pending ARB accounts (see page two), Incompletes (see page three) and In Process accounts (see page four). Jefftaw,iief Appraiser Tarrant Appraisal District 2500 Handley Ederville Road - Fort Worth, Texas 76118 - 817.284.0024 1 TAD Tarrant Appraisal District Jeff Law, Chief Appraiser TOWN OF TROPHY CLUB 044 Appraisal Roll Information Valuation Summary as of July 22, 2019 2019 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. $ 338,681 Total appraised value of properties under protest. $ 338,681 Net taxable value of properties under protest. $ 237,077 Estimated minimum taxable value for the same properties. This value should be added to the net taxable value on page one. Tarrant Appraisal District 2500 Handley Ederville Road - Fort Worth,Texas 76118 - 817.284.0024 2 TA Tarrant Appraisal District Jeff Law, Chief Appraiser TOWN OF TROPHY CLUB 044 Appraisal Roll Information Valuation Summary as of July 22, 2019 2019 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. $ 8,000,277 Total appraised value of incomplete properties $ 7,905,819 Net taxable value of properties under of incomplete properties. $ 5,534,073 Estimated minimum taxable value for the same properties. This value should be added to the net taxable value on page one Tarrant Appraisal District 2500 Handley Ederville Road - Fort Worth,Texas 76118 - 817.284.0024 3 Tarrant Appraisal District Jeff Law, Chief Appraiser TOWN OF TROPHY CLUB 044 Appraisal Roll Information Valuation Summary as of July 22, 2019 2019 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. Total appraised value of In Process properties Estimated net taxable value of In Process properties. This value should be added to the net taxable value on page one. Tarrant Appraisal District 2500 Handley Ederville Road - Fort Worth, Texas 76118 - 817.284.0024 4 VU5Tarrant Appraisal District TOWN OF TROPHY CLUB 044 Totals for Roll Instance 000 -JULY ROLL 2019 Value Detail Market Appraised Counts Taxable Real Estate Residential 59,611,443 57,593,933 168 54,613,632 Real Estate Commercial 94,242,621 94,242,621 27 82,137,383 Real Estate Industrial 0 0 0 0 Personal Property Commercial 9,846,661 9,846,661 41 9,217,902 Personal Property Industrial 0 0 0 0 Mineral Lease Properties 0 0 0 0 Agricultural Properties 0 0 0 0 Total Value 163,700,725 161,683,215 236 145,968,917 Pending Detail Market Appraised Counts Taxable Cases Before ARB 338,681 338,681 2 338,681 Incomplete Accounts 8,000,277 8,000,277 15 7,905,819 In Process Accounts 0 0 0 0 Certified Value 155,361,767 153,344,257 219 137,724,417 7/21/2019 1:24:50 AM Page 166 of 401 Exemption Detail Market Exempt Counts Appraised Absolute Public 9,508,705 9,508,705 8 9,508,705 Absolute Charitable 417,431 417,431 2 417,431 Absolute Miscellaneous 0 0 0 0 Absolute Religious&Private Schools 2,596,533 2,596,533 1 2,596,533 Indigent Housing 0 0 0 0 Nominal Value 20 20 1 20 Disabled Vet 10-29% 323,754 5,000 1 306,290 Disabled Vet 30-49% 0 0 0 0 Disabled Vet 50-69% 522,909 10,000 1 472,805 Disabled Vet 70-99% 1,305,591 48,000 4 1,251,076 Disabled Vet 100% 951,270 791,596 3 911,844 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 Local Option-General 51,295,316 669,411 137 49,277,806 Homestead Local Option-Over 65 14,503,979 1,456,294 44 13,559,888 Homestead Local Option-Disabled Person 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.) 116,850 116,850 2 116,850 Surviving Spouse of First Responder KLD 0 0 0 0 Transfer Base Value SS KIA Armed Service 0 0 0 0 Member Transfer Base Value SS of First Responder 0 0 0 0 KLD Total Exemptions 15,619,840 204 Deferrals Market Deferred Counts Appraised Ag Deferrals 0 0 0 0 Scenic Deferrals 0 0 0 0 Public Access Airports 0 0 0 0 Other Deferrals 0 0 0 0 Total Deferrals 0 0 0 0 7/21/2019 1:24:50 AM Page 167 of 401 New Exemptions Market Exempt Counts Appraised Absolute Public 0 0 0 0 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% 0 0 0 0 Disabled Vet 50-69% 0 0 0 0 Disabled Vet 70-99% 354,321 12,000 1 339,232 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 Local Option-General 995,634 15,000 3 995,634 Homestead Local Option-Over 65 0 0 0 0 Homestead Local Option-Disabled Person 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.) 0 0 0 0 Surviving Spouse of First Responder KLD 0 0 0 0 Transfer Base Value SS KIA Armed Service 0 0 0 0 Member Transfer Base Value SS of First Responder 0 0 0 0 KLD Total New Exemptions 27,000 4 New Construction Market New Value Counts Taxable All Real Estate 2,946,305 2,240,633 1 2,946,305 New business in new improvement 0 0 0 0 Total New Construction 2,946,305 2,240,633 1 2,946,305 New Construction in Residential 0 0 0 0 New Construction in Commercial 2,946,305 2,240,633 1 2,946,305 Market Appraised Counts Taxable Annexation 0 0 0 0 Deannexation 0 0 0 0 7/21/2019 1:24:50 AM Page 168 of 401 Tax Ceiling Market Taxable Counts Ceiling Amount Over 65 14,503,979 11,554,325 44 37,835.00 Disable Person 323,754 296,290 1 696.00 Total Ceilings 14,827,733 11,850,615 45 38,531.00 New Over 65 Ceilings 0 0 0 0.00 New Disabled Person Ceilings 0 0 0 0.00 Capped Accounts Market Cap Loss Counts Appraised Cap Total 30,985,775 2,017,510 78 28,968,265 New Cap this Year 16,506,395 562,947 34 15,943,448 All Exemptions by Group Market Exempt Counts Appraised Residential 51,295,316 2,980,301 137 49,277,806 Commercial 12,639,539 12,639,539 14 12,639,539 Industrial 0 0 0 0 Mineral Lease 0 0 0 0 Agricultural 0 0 0 0 Exemption Total 15,619,840 151 Market Exempt Counts Appraised Prorated Absolute 0 0 0 0 Multi-Prorated Absolute 0 0 0 0 Current Taxable Counts Appraised Value Loss-25.25(d) 0 0 0 Average Market Average Appraised Counts Average Taxable Averages for Value Single Family 374,467 361,698 158 342,845 7/21/2019 1:24:50 AM Page 169 of 401 M Z 0 a 0 i1, O N co co .-1 co M .--1 O .-1 1- O O O O n [I- O O O O O M )-1 O O O O O O O CO 71- CL N _ 7 '1 i 0 O V N • ..--1 N O .-i O Lll M -O VD o O o O O 0 0 0 .--1 d- O O O 0 O tb O O O O O O O O N Vr rn V} o 1 V+ 01 o -ER o o V+ -EA- -. 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Entities Residential Graph Report 7/21/2019 Tar2nr Appraisal District 2019 TOWN OF TROPHY CLUB 11:22:17 AM Total Parcel Counts: 158 Average 374,467 Average 342,845 Markat• NTV' Total Count 600,000 - Over 3 590,000 - 599,999- 1 570,000 - 579,999-M 2 550,000 - 559,999 1 540,000 - 549,999M 2 520,000 - 529,999-, 1 510,000 - 519,999-M 2 500,000 - 509,999-1M 3 490,000 -499,999 4 480,000 -489,999-MEM 7 470,000 -479,999 4 460,000 -469,9991M 3 450,000 -459,9991MM 5 440,000 -449,999-M 2 430,000 -439,999-1M 3 420,000 -429,999. 1 410,000 -419,999. 1 °' 400,000 -409,999 7 390,000 - 399,999-' 2 To 380,000 - 389,999 6 370,000 - 379,999 8 0 360,000 - 369,999 5 a 350,000 - 359,999 15 340,000 - 349,999 10 330,000 - 339,999 15 320,000 - 329,999 310,000 - 319,999 10 300,000 - 309,999 4 290,000 - 299,999-1MM 4 280,000 -289,999 3 270,000 -279,999 3 250,000 - 259,999. 1 220,000 - 229,999A 1 210,000 - 219,999M 2 190,000 - 199,999 An 2 110,000 - 119,999 11 1 80,000 - 89,999-1 1 70,000 - 79,999 1 30,000 - 39,999-1 1 I I I I 0 5 10 15 20 Parcel Counts - Single Family Residence Only EXHIBIT "B" 2019 TAX ROLL FOR THE TOWN OF TROPHY CLUB, TEXAS Based on the 2019 certified roll dated July 18, 2019 from the Denton Central Appraisal District, and the certified roll dated July 22, 2019 from the Tarrant Appraisal District, the following applies: The current 2019 tax rate of $0.446442/$100 assessed value approved by the Town Council, which has been imposed on each property included on the certified appraisal roll for the Town for 2019, totals $9,254,328 levy. The combined appraisal roll of $9,254,328 levy, upon approval by the Town Council, shall constitute the 2019 tax roll for the Town of Trophy Club. *************************************