RES 2024-12 Appraisal Roll TOWN OF TROPHY CLUB, TEXAS
RESOLUTION NO. 2024-12
A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TROPHY
CLUB, TEXAS, ACCEPTING THE 2024 APPRAISAL ROLL; AND
PROVIDING AN EFFECTIVE DATE.
WHEREAS, the Denton Central Appraisal District (DCAD) and the Tarrant Appraisal
District (TAD) prepare the certified appraisal rolls and rolls under protest of the taxable
property in the Town of Trophy Club, Texas (Town); and
WHEREAS, the Town uses the certified appraisal rolls and rolls under protest
received from the DCAD and TAD to calculate the tax rate and voter-approval tax rate
applicable to taxable property in the Town; and
WHEREAS, the certification of the 2024 Appraisal Rolls by the DACD and TAD Chief
Appraisers are attached hereto as Exhibit "A" and "B"; and
WHEREAS, upon review of the Certified Appraisal Rolls of DCAD and TAD and all
matters attendant and related thereto, the Town Council finds that the Certified Appraisal
Rolls of DCAD and TAD should be approved and adopted.
NOW THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN
OF TROPHY CLUB, TEXAS:
SECTION 1. The facts and recitals set forth in the preamble of this resolution are
hereby found to be true and correct.
SECTION 2. That the Town Council of Trophy Club, Texas, hereby approves the
2024 appraisal roll of the Town based on the certified appraisal rolls and rolls under protest
as approved by the Appraisal Review Boards of the DACD and the TAD.
SECTION 3. That this resolution shall become effective from and after its date of
passage.
PASSED AND APPROV 12th DAY „ e 1ST 024.
OP I-%
AM 11.41
O \�� o - - ny, /:yor
ATTEST: AV
Tammy Dixon, Town Se
OVED TO AS FO M:
Town Attorney
Exhibit "A"
lb
4 �i 9f` Denton Central Appraisal District t (940) 349-3800
•D 0 3911 Morse Street
�/ ' gat. Denton, TX 76208 L_ www.dentoncad.com
9jSA L co-.S
RE: Certification of the 2024 Appraisal Roll for Denton Central Appraisal District
July 22, 2024
"I, Don Spencer, Chief Appraiser for the Denton Central Appraisal District, solemnly
swear that I have made, or caused to be made, a diligent inquiry to ascertain all property
in the district subject to appraisal by me, and that I have included in the records all
property that I am aware of at an appraised value determined as required by law. Furthermore,
in accordance with Section 26.01(a) of the Texas Property Tax Code, "I am submitting the
appraisal roll to the taxing units served by Denton Central Appraisal District."
r ` itiP14
DON SPENCER, F APPRAISER
DENTON CENTRAL APPRAISAL DISTRICT
'4A.lt/_.,rRL &
7 ._ -1
MI'r BAP ISTE
NOTARY PUBLIC
EXPIRES: 11-30-2024
�.,,'Y'p""", MISTY F. BAPTISTE
.!: .e.%NotaryPublic,State of Texas
�'., ;{q Comm.Expires 11-30-2024
�"1;���,? Notary ID 132802467
DENTON County 2024 CERTIFIED TOTALS As of Certification
C28-TROPHY CLUB TOWN OF
Property Count:4,883 Grand Totals 7/20/2024 9:10:54AM
Land Value
Homesite: 790,963,608
Non Homesite: 124,686,215
Ag Market 1,705,113
Timber Market: 0 Total Land (+) 917,354,936
Improvement Value
Homesite: 2,412,291,643
Non Homesite: 202,012,024 Total Improvements (+) 2,614,303,667
Non Real Count Value
Personal Property: 250 32,074,104
Mineral Property: 0 0
Autos: 0 0 Total Non Real (+) 32,074,104
Market Value = 3,563,732,707
Ag Non Exempt Exempt
Total Productivity Market: 1,705,113 0
Ag Use: 357 0 Productivity Loss (-) 1,704,756
Timber Use: 0 0 Appraised Value = 3,562,027,951
Productivity Loss: 1,704,756 0
Homestead Cap (-) 250,474,365
23.231 Cap (-) 3,756,918
Assessed Value = 3,307,796,668
Total Exemptions Amount (-) 230,181,814
(Breakdown on Next Page)
Net Taxable = 3,077,614,854
Freeze Assessed Taxable Actual Tax Ceiling Count
DP 9,824,539 9,709,565 30,110.77 30,110.77 17
OV65 621,611,756 569,043,446 1,594,523.69 1,608,298.80 1,003
Total 631,436,295 578,753,011 1,624,634.46 1,638,409.57 1,020 Freeze Taxable (-) 578,753,011
Tax Rate 0.4154690
Transfer Assessed Taxable Post%Taxable Adjustment Couni
OV65 1,437,000 1,352,630 1,005,007 347,623 2
Total 1,437,000 1,352,630 1,005,007 347,623 2 Transfer Adjustment (-) 347,623
Freeze Adjusted Taxable = 2,498,514,220
APPROXIMATE LEVY=(FREEZE ADJUSTED TAXABLE*(TAX RATE/100))+ACTUAL TAX
12,005,186.50=2,498,514,220*(0.4154690/100)+1,624,634.46
Certified Estimate of Market Value: 3,562,770,744
Certified Estimate of Taxable Value: 3,076,711,199
Tax Increment Finance Value: 0
Tax Increment Finance Levy: 0.00
C28/652983 Page 353 of 2843
Tarrant Appraisal District
Joe Don Bobbitt, Chief Appraiser
TOWN OF TROPHY CLUB 044
Appraisal Roll Information Valuation Summary as of July 25, 2024
2024 Certified Property Information
I,Joe Don Bobbitt,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) >$ 183,930,545
Number of Accounts: 244
Absolute Exemptions $ 16,758,066
Cases before ARB—Appraised Value $ 434,193
Incompletes $ 180,425
Partial Exemptions $ 4,123,389
In Process $ 6,829
NET TAXABLE VALUE > $ 162,427,643
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 > $ 162,768,432
Including suggested values to be used for pending ARB accounts (see page two), Incompletes (see page
three) and In Process accounts (see page four).
/AD. 64/1-
Joe Don Bobbitt, Chief Appraiser
Tarrant Appraisal District
2500 Handley Ederville Road - Fort Worth, Texas 76118 - 817.284.0024
1