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RES 2016-23 TOWN OF TROPHY CLUB, TEXAS RESOLUTION NO. 2016-23 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 year 2016, 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 2016 tax year. Section 2. That Exhibit "B" specifying the net taxable appraised value, the current 2016 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 27th day of September 2016. C. Nick Sanders, Mayor Town of Trophy CI b, Texas ATTEST: AP ROVED ` T O' : Holy Fimbi-et, T,aw�}secretary D odd, .' n Attorney Town of Trg dull Qi s Town of Trophy Club, Texas ! y� [SEAL] (C?: C) '4 .?y 1 \:�0, EXHIBIT "A" CERTIFIED TAX ROLLS FOR DENTON COUNTY AND TARRANT COUNTY DENTON County 2016 CERTIFIED TOTALS As of Certification C28-TROPHY CLUB TOWN OF Property Count:4,674 ARB Approved Totals 7/22/2016 5:05:33PM Land Value Homesite: 313,318,758 Non Homesite: 76,453,828 Ag Market: 472,835 Timber Market: 0 Total Land (+) 390,245,421 I Improvement Value Homesite: 1,257,882,526 Non Homesite: 42,332,764 Total Improvements (+) 1,300,215,290 Non Real Count Value Personal Property: 210 22,895,675 Mineral Property: 0 0 Autos: 0 0 Total Non Real (+) 22,895,675 Market Value = 1,713,356,386 Ag Non Exempt Exempt Total Productivity Market: 472,835 0 Ag Use: 777 0 Productivity Loss (-) 472,058 Timber Use: 0 0 Appraised Value = 1,712,884,328 Productivity Loss: 472,058 0 Homestead Cap (-) 17,584,578 Assessed Value = 1,695,299,750 Total Exemptions Amount (-) 68,012,546 (Breakdown on Next Page) Net Taxable = 1,627,287,204 Freeze Assessed Taxable Actual Tax Ceiling Count DP 5,734,221 5,734,221 22,757.79 22,757.79 15 OV65 249,140,981 220,539,161 811,343.97 816,742.17 731 Total 254,875,202 226,273,382 834,101.76 839,499.96 746 Freeze Taxable (-) 226,273,382 Tax Rate 0.484000 Transfer Assessed Taxable Post%Taxable Adjustment Count, OV65 675,000 640,000 640,000 0 1 Total 675,000 640,000 640,000 0 1 Transfer Adjustment (-) 0 Freeze Adjusted Taxable = 1,401,013,822 APPROXIMATE LEVY=(FREEZE ADJUSTED TAXABLE*(TAX RATE/100))+ACTUAL TAX 7,615,008.66=1,401,013,822*(0.484000/100)+834,101.76 Tax Increment Finance Value: 0 Tax Increment Finance Levy: 0.00 C28/652983 Page 347 of 1877 True Automation,Inc. DENTON County 2016 CERTIFIED TOTALS As of Certification C28-TROPHY CLUB TOWN OF Property Count:4,674 ARB Approved Totals 7/22/2016 5:07:32PM Exemption Breakdown Exemption Count Local State Total DP 16 0 0 0 DV1 28 0 210,000 210,000 DV2 14 0 136,500 136,500 DV3 23 0 236,000 236,000 DV4 36 0 288,000 288,000 DV4S 4 0 12,000 12,000 • DVHS 15 0 5,221,849 5,221,849 DVHSS 3 0 858,064 858,064 EX-XU 1 0 419,257 419,257 EX-XV 46 0 33,253,260 33,253,260 EX366 27 0 7,527 7,527 OV65 759 25,996,089 0 25,996,089 OV65S 41 1,365,000 0 1,365,000 PC 1 9,000 0 9,000 Totals 27,370,089 40,642,457 68,012,546 C28/652983 Page 348 of 1877 True Automation,Inc. DENTON County 2016 CERTIFIED TOTALS As of Certification C28-TROPHY CLUB TOWN OF Property Count: 103 Under ARB Review Totals 7/22/2016 5:05:33PM Land Value Homesite: 4,810,314 Non Homesite: 1,084,414 Ag Market: 0 Timber Market: 0 Total Land (-9( ) 5,894,728 Improvement Value Homesite: 18,464,247 Non Homesite: 2,535,960 Total Improvements (+) 21,000,207 I Non Real Count Value I Personal Property: 2 63,080 Mineral Property: 0 0 Autos: 0 0 Total Non Real (+) 63,080 Market Value = 26,958,015 I Ag Non Exempt Exempt I Total Productivity Market: 0 0 Ag Use: 0 0 Productivity Loss (-) 0 Timber Use: 0 0 Appraised Value = 26,958,015 Productivity Loss: 0 0 Homestead Cap (-) 0 Assessed Value = 26,958,015 Total Exemptions Amount (-) 280,005 (Breakdown on Next Page) Net Taxable = 26,678,010 Freeze Assessed Taxable Actual Tax Ceiling Count OV65 1,250,861 1,075,861 5,045.84 8,444.84 5 Total 1,250,861 1,075,861 5,045.84 8,444.84 5 Freeze Taxable (-) 1,075,861 Tax Rate 0.484000 Freeze Adjusted Taxable = 25,602,149 APPROXIMATE LEVY=(FREEZE ADJUSTED TAXABLE*(TAX RATE/100))+ACTUAL TAX 128,960.24=25,602,149*(0.484000/100)+5,045.84 Tax Increment Finance Value: 0 Tax Increment Finance Levy: 0.00 C28/652983 Page 349 of 1877 True Automation,Inc. DENTON County 2016 CERTIFIED TOTALS As of Certification C28-TROPHY CLUB TOWN OF Property Count: 103 Under ARB Review Totals 7/22/2016 5:07:32PM Exemption Breakdown Exemption Count Local State Total EX366 1 0 5 5 OV65 6 210,000 0 210,000 OV65S 2 70,000 0 70,000 Totals 280,000 5 280,005 C28/652983 Page 350 of 1877 True Automation,Inc. DENTON County 2016 CERTIFIED TOTALS As of Certification C28-TROPHY CLUB TOWN OF Property Count:4,777 Grand Totals 7/22/2016 5:05:33PM Land Value Homesite: 318,129,072 Non Homesite: 77,538,242 Ag Market: 472,835 Timber Market: 0 Total Land (+) 396,140,149 Improvement Value Homesite: 1,276,346,773 Non Homesite: 44,868,724 Total Improvements (+) 1,321,215,497 Non Real Count Value Personal Property: 212 22,958,755 Mineral Property: 0 0 Autos: 0 0 Total Non Real (+) 22,958,755 Market Value = 1,740,314,401 Ag Non Exempt Exempt Total Productivity Market: 472,835 0 Ag Use: 777 0 Productivity Loss (-) 472,058 Timber Use: 0 0 Appraised Value = 1,739,842,343 Productivity Loss: 472,058 0 Homestead Cap (-) 17,584,578 Assessed Value = 1,722,257,765 Total Exemptions Amount (-) 68,292,551 (Breakdown on Next Page) Net Taxable = 1,653,965,214 Freeze Assessed Taxable Actual Tax Ceiling Count DP 5,734,221 5,734,221 22,757.79 22,757.79 15 OV65 250,391,842 221,615,022 816,389.81 825,187.01 736 Total 256,126,063 227,349,243 839,147.60 847,944.80 751 Freeze Taxable (-) 227,349,243 Tax Rate 0.484000 Transfer Assessed Taxable Post%Taxable Adjustment Count OV65 675,000 640,000 640,000 0 1 Total 675,000 640,000 640,000 0 1 Transfer Adjustment (-) 0 Freeze Adjusted Taxable = 1,426,615,971 APPROXIMATE LEVY=(FREEZE ADJUSTED TAXABLE*(TAX RATE/100))+ACTUAL TAX 7,743,968.90=1,426,615,971 *(0.484000/100)+839,147.60 Tax Increment Finance Value: 0 Tax Increment Finance Levy: 0.00 C28/652983 Page 351 of 1877 True Automation,Inc. DENTON County 2016 CERTIFIED TOTALS As of Certification C28-TROPHY CLUB TOWN OF Property Count:4,777 Grand Totals 7/22/2016 5:07:32PM Exemption Breakdown Exemption Count Local State Total DP 16 0 0 0 DV1 28 0 210,000 210,000 DV2 14 0 136,500 136,500 DV3 23 0 236,000 236,000 DV4 36 0 288,000 288,000 DV4S 4 0 12,000 12,000 DVHS 15 0 5,221,849 5,221,849 DVHSS 3 0 858,064 858,064 EX-XU 1 0 419,257 419,257 EX-XV 46 0 33,253,260 33,253,260 EX366 28 0 7,532 7,532 OV65 765 26,206,089 0 26,206,089 OV65S 43 1,435,000 0 1,435,000 PC 1 9,000 0 9,000 Totals 27,650,089 40,642,462 68,292,551 C28/652983 Page 352 of 1877 True Automation,Inc. DENTON County 2016 CERTIFIED TOTALS As of Certification C28-TROPHY CLUB TOWN OF Property Count:4,674 ARB Approved Totals 7/22/2016 5:07:32PM State Category Breakdown State Code Description Count Acres New Value Market Market Value A SINGLE FAMILY RESIDENCE 4,038 $51,313,885 $1,567,980,810 B MULTIFAMILY RESIDENCE 3 $0 $4,001,053 C1 VACANT LOTS AND LAND TRACTS 275 $0 $18,958,301 D1 QUALIFIED AG LAND 2 7.3930 $0 $472,835 D2 NON-QUALIFIED LAND 1 $0 $5,160 E FARM OR RANCH IMPROVEMENT 16 50.4072 $0 $2,578,563 F1 COMMERCIAL REAL PROPERTY 31 $1,183,540 $49,097,122 J2 GAS DISTRIBUTION SYSTEM 1 $0 $1,166,980 J3 ELECTRIC COMPANY(INCLUDING CO-OP 2 $0 $6,729,710 J4 TELEPHONE COMPANY(INCLUDING CO- 9 $0 $1,100,870 J7 CABLE TELEVISION COMPANY 10 $0 $265,500 J8 OTHER TYPE OF UTILITY 1 $0 $4,120 L1 COMMERCIAL PERSONAL PROPERTY 160 $5,100 $13,620,968 O RESIDENTIAL INVENTORY 106 $2,073,521 $13,694,350 X TOTALLY EXEMPT PROPERTY 74 $0 $33,680,044 Totals 57.8002 $54,576,046 $1,713,356,386 C28/652983 Page 353 of 1877 True Automation,Inc. DENTON County 2016 CERTIFIED TOTALS As of Certification C28-TROPHY CLUB TOWN OF Property Count: 103 Under ARB Review Totals 7/22/2016 5:07:32PM State Category Breakdown State Code Description Count Acres New Value Market Market Value I A SINGLE FAMILY RESIDENCE 91 $1,120,118 $22,090,676 C1 VACANT LOTS AND LAND TRACTS 1 $0 $0 E FARM OR RANCH IMPROVEMENT 1 0.0110 $0 $719 F1 COMMERCIAL REAL PROPERTY 2 $0 $3,619,655 L1 COMMERCIAL PERSONAL PROPERTY 1 $0 $63,075 0 RESIDENTIAL INVENTORY 6 $724,993 $1,183,885 X TOTALLY EXEMPT PROPERTY 1 $0 $5 Totals 0.0110 $1,845,111 $26,958,015 C28/652983 Page 354 of 1877 True Automation,Inc. DENTON County 2016 CERTIFIED TOTALS As of Certification C28-TROPHY CLUB TOWN OF Property Count:4,777 Grand Totals 7/22/2016 5:07:32PM State Category Breakdown State Code Description Count Acres New Value Market Market Value A SINGLE FAMILY RESIDENCE 4,129 $52,434,003 $1,590,071,486 B MULTIFAMILY RESIDENCE 3 $0 $4,001,053 Cl VACANT LOTS AND LAND TRACTS 276 $0 $18,958,301 D1 QUALIFIED AG LAND 2 7.3930 $0 $472,835 D2 NON-QUALIFIED LAND 1 $0 $5,160 E FARM OR RANCH IMPROVEMENT 17 50.4182 $0 $2,579,282 F1 COMMERCIAL REAL PROPERTY 33 $1,183,540 $52,716,777 J2 GAS DISTRIBUTION SYSTEM 1 $0 $1,166,980 J3 ELECTRIC COMPANY(INCLUDING CO-OP 2 $0 $6,729,710 J4 TELEPHONE COMPANY(INCLUDING CO- 9 $0 $1,100,870 J7 CABLE TELEVISION COMPANY 10 $0 $265,500 J8 OTHER TYPE OF UTILITY 1 $0 $4,120 L1 COMMERCIAL PERSONAL PROPERTY 161 $5,100 $13,684,043 O RESIDENTIAL INVENTORY 112 $2,798,514 $14,878,235 X TOTALLY EXEMPT PROPERTY 75 $0 $33,680,049 Totals 57.8112 $56,421,157 $1,740,314,401 C28/652983 Page 355 of 1877 True Automation,Inc. DENTON County 2016 CERTIFIED TOTALS As of Certification C28-TROPHY CLUB TOWN OF Property Count:4,674 ARB Approved Totals 7/22/2016 5:07:32PM CAD State Category Breakdown State Code Description Count Acres New Value Market Market Value A017 BUILDER HOME PLANS-REFERENCE ON 54 $0 $0 Al REAL,RESIDENTIAL,SINGLE-FAMILY 3,988 $51,313,885 $1,567,980,810 B1 REAL,RESIDENTIAL,APARTMENTS 3 $0 $4,001,053 Cl REAL,VACANT PLATTED RESIDENTIAL L 263 $0 $15,122,499 C2 COMMERCIAL VACANT LOT 12 $0 $3,835,802 D1 QUALIFIED AG LAND 2 7.3930 $0 $472,835 D2 FARM AND RANCH IMPSS ON QUALIFIED 0 1 $0 $5,160 El LAND AND IMPROVMENTS (NON AG QUA 2 $0 $208,777 E4 VACANT NON QUALIFIED NON HOMESITE 14 $0 $2,369,786 F010 COMMERCIAL BUILDER PLANS-REFER 1 $0 $0 Fl REAL COMMERCIAL 25 $568,124 $38,998,698 F4 REAL-COMMERCIAL OFFICE CONDO'S 6 $615,416 $10,098,424 J2 REAL&TANGIBLE PERSONAL,UTILITIES, 1 $0 $1,166,980 J3 REAL&TANGIBLE PERSONAL,UTILITIES, 2 $0 $6,729,710 J4 REAL&TANGIBLE PERSONAL,UTILITIES, 9 $0 $1,100,870 J7 REAL&TANGIBLE PERSONAL,UTILITIES, 10 $0 $265,500 J8 REAL&TANGIBLE PERSONAL,UTILITIES, 1 $0 $4,120 Ll BPP TANGIBLE COMERCIAL PROPERTY 78 $5,100 $9,174,369 L3 BPP TANGIBLE COMMERCIAL LEASED E 81 $0 $4,424,999 L5 AIRCRAFT 1 $0 $21,600 OA1 INVENTORY,RESIDENTIAL SINGLE FAMI 12 $2,073,521 $5,627,099 OC1 INVENTORY,VACANT PLATTED LOTS/TR 94 $0 $8,067,251 X 74 $0 $33,680,044 Totals 7.3930 $54,576,046 $1,713,356,386 C28/652983 Page 356 of 1877 True Automation,Inc. DENTON County 2016 CERTIFIED TOTALS As of Certification C28-TROPHY CLUB TOWN OF Property Count: 103 Under ARB Review Totals 7/22/2016 5:07:32PM CAD State Category Breakdown State Code Description Count Acres New Value Market Market Value Al REAL,RESIDENTIAL,SINGLE-FAMILY 91 $1,120,118 $22,090,676 Cl REAL,VACANT PLATTED RESIDENTIAL L 1 $0 $0 E4 VACANT NON QUALIFIED NON HOMESITE 1 $0 $719 Fl REAL COMMERCIAL 2 $0 $3,619,655 Ll BPP TANGIBLE COMERCIAL PROPERTY 1 $0 $63,075 OA1 INVENTORY,RESIDENTIAL SINGLE FAMI 6 $724,993 $1,183,885 X 1 $0 $5 Totals 0.0000 $1,845,111 $26,958,015 C28/652983 Page 357 of 1877 True Automation,Inc. DENTON County 2016 CERTIFIED TOTALS As of Certification C28-TROPHY CLUB TOWN OF Property Count:4,777 Grand Totals 7/22/2016 5:07:32PM CAD State Category Breakdown State Code Description Count Acres New Value Market Market Value A017 BUILDER HOME PLANS-REFERENCE ON 54 $0 $0 Al REAL,RESIDENTIAL,SINGLE-FAMILY 4,079 $52,434,003 $1,590,071,486 B1 REAL,RESIDENTIAL,APARTMENTS 3 $0 $4,001,053 Cl REAL,VACANT PLATTED RESIDENTIAL L 264 $0 $15,122,499 C2 COMMERCIAL VACANT LOT 12 $0 $3,835,802 D1 QUALIFIED AG LAND 2 7.3930 $0 $472,835 D2 FARM AND RANCH IMPSS ON QUALIFIED 0 1 $0 $5,160 El LAND AND IMPROVMENTS (NON AG QUA 2 $0 $208,777 E4 VACANT NON QUALIFIED NON HOMESITE 15 $0 $2,370,505 F010 COMMERCIAL BUILDER PLANS-REFER 1 $0 $0 Fl REAL COMMERCIAL 27 $568,124 $42,618,353 F4 REAL-COMMERCIAL OFFICE CONDO'S 6 $615,416 $10,098,424 J2 REAL&TANGIBLE PERSONAL,UTILITIES, 1 $0 $1,166,980 J3 REAL&TANGIBLE PERSONAL,UTILITIES, 2 $0 $6,729,710 J4 REAL&TANGIBLE PERSONAL,UTILITIES, 9 $0 $1,100,870 J7 REAL&TANGIBLE PERSONAL,UTILITIES, 10 $0 $265,500 J8 REAL&TANGIBLE PERSONAL,UTILITIES, 1 $0 $4,120 L1 BPP TANGIBLE COMERCIAL PROPERTY 79 $5,100 $9,237,444 L3 BPP TANGIBLE COMMERCIAL LEASED E 81 $0 $4,424,999 L5 AIRCRAFT 1 $0 $21,600 OA1 INVENTORY,RESIDENTIAL SINGLE FAMI 18 $2,798,514 $6,810,984 OC1 INVENTORY,VACANT PLATTED LOTS/TR 94 $0 $8,067,251 X 75 $0 $33,680,049 Totals 7.3930 $56,421,157 $1,740,314,401 C28/652983 Page 358 of 1877 True Automation,Inc. DENTON County 2016 CERTIFIED TOTALS As of Certification C28-TROPHY CLUB TOWN OF Property Count:4,777 Effective Rate Assumption 7/22/2016 5:07:32PM New Value TOTAL NEW VALUE MARKET: $56,421,157 TOTAL NEW VALUE TAXABLE: $56,048,388 New Exemptions IExemption Description Count EX366 HB366 Exempt 7 2015 Market Value $16,000 ABSOLUTE EXEMPTIONS VALUE LOSS $16,000 Exemption Description Count Exemption Amount I DP Disability 1 $0 DV1 Disabled Veterans 10%-29% 3 $22,000 DV2 Disabled Veterans 30%-49% 1 $7,500 DV3 Disabled Veterans 50%-69% 6 $60,000 DV4 Disabled Veterans 70%-100% 4 $24,000 DV4S Disabled Veterans Surviving Spouse 70%-100 1 $12,000 OV65 Over 65 67 $2,310,000 PARTIAL EXEMPTIONS VALUE LOSS 83 $2,435,500 NEW EXEMPTIONS VALUE LOSS $2,451,500 Increased Exemptions Exemption Description Count Increased Exemption_Amount INCREASED EXEMPTIONS VALUE LOSS TOTAL EXEMPTIONS VALUE LOSS $2,451,500 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 3,351 $395,778 $5,248 $390,530 Category A Only ICount of HS Residences Average Market Average HS Exemption Average Taxable 3,350 $395,854 $5,249 $390,605 C28/652983 Page 359 of 1877 True Automation,Inc. DENTON County 2016 CERTIFIED TOTALS As of Certification C28 -TROPHY CLUB TOWN OF Lower Value Used Count of Protested Properties Total Market Value Total Value Used 103 $26,958,015.00 $25,720,789 C28/652983 Page 360 of 1877 True Automation,Inc. Mirdr- Tarrant Appraisal District Jeff Law, Chief Appraiser TOWN OF TROPHY CLUB 044 Appraisal Roll Information Valuation Summary as of July 25, 2016 2016 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) > $ 124,212,120 Number of Accounts: 224 Absolute Exemptions $ 3,200,563 Cases before ARB—Appraised Value $ 34,792,656 Incompletes $ 256,300 Partial Exemptions $ 1,808,360 In Process $ NET TAXABLE VALUE > $ 84,154,241 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 > $ 108,740,900 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 aw,,yief Appraiser Tarrant Appraisal District 2500 Handley Ederville Road - Fort Worth, Texas 76118 - 817.284.0024 1 Tarrant Appraisal District Jeff Law, Chief Appraiser TOWN OF TROPHY CLUB 044 Appraisal Roll Information Valuation Summary as of July 25, 2016 2016 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 certified by the Chief Appraiser and represented on page 1 of this report. $ 34,792,656 Total appraised value of properties under protest. $ 34,757,656 Net taxable value of properties under protest. $ 24,330,359 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 Tarrant Appraisal District Jeff Law, Chief Appraiser TOWN OF TROPHY CLUB 044 Appraisal Roll Information Valuation Summary as of July 25, 2016 2016 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 certified 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. $ 256,300 Total appraised value of incomplete properties $ 256,300 Estimated net taxable value of incomplete 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 25, 2016 2016 In Process Property Information The values below are from In Process properties and are not included in the totals certified 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 Tarrant Appraisal District ���M;� TOWN OF TROPHY CLUB 044 Totals for Roll Instance July Certification -7-22 2016 Value Detail Market Appraised Counts Taxable Real Estate Residential 49,846,798 45,771,358 168 43,928,018 Real Estate Commercial 71,176,096 71,176,096 29 68,392,964 Real Estate Industrial 0 0 0 0 Personal Property Commercial 7,264,666 7,264,666 27 6,847,215 Personal Property Industrial 0 0 0 0 Mineral Lease Properties 0 0 0 0 Agricultural Properties 0 0 0 0 Total Value 128,287,560 124,212,120 224 119,168,197 Pending Detail Market Appraised Counts Taxable Cases Before ARB 34,999,316 34,792,656 12 34,757,656 Incomplete Accounts 256,300 256,300 17 256,300 In Process Accounts 0 0 0 0 Certified Value 93,031,944 89,163,164 195 84,154,241 7/22/2016 3:09:15 PM Page 166 of 353 Exemption Detail Market Exempt Counts Appraised Absolute Public 1,355,372 1,355,372 4 1,355,372 Absolute Charitable 417,431 417,431 2 417,431 Absolute Miscellaneous 0 0 0 0 Absolute Religious& Private Schools 1,427,760 1,427,760 1 1,427,760 Indigent Housing 0 0 0 0 Nominal Value 20 20 1 20 Disabled Vet 10-29% 254,557 5,000 1 230,120 Disabled Vet 30-49% 0 0 0 0 Disabled Vet 50-69% 432,706 10,000 1 375,870 Disabled Vet 70-99% 804,898 36,000 3 712,690 Disabled Vet 100% 804,898 615,190 3 712,690 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 0 0 0 0 Homestead Local Option-Over 65 9,929,194 1,142,150 36 8,737,502 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 Total Exemptions 5,008,923 52 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 7/22/2016 3:09:15 PM Page 167 of 353 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% 254,557 5,000 1 230,120 Disabled Vet 30-49% 0 0 0 0 Disabled Vet 50-69% 0 0 0 0 Disabled Vet 70-99% 459,586 12,000 1 403,590 Disabled Vet 100% 459,586 391,590 1 403,590 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 0 0 0 0 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 Total New Exemptions 408,590 3 New Construction Market New Value Counts Taxable All Real Estate 8,332,352 7,053,408 3 8,332,352 New business in new improvement 0 0 0 0 Total New Construction 8,332,352 7,053,408 3 8,332,352 New Construction in Residential 266,931 52,524 1 266,931 New Construction in Commercial 8,065,421 7,000,884 2 8,065,421 Market Appraised Counts Taxable Annexation 0 0 0 0 Deannexation 0 0 0 0 7/22/2016 3:09:15 PM Page 168 of 353 Tax Ceiling Market Taxable Counts Ceiling Amount Over 65 9,929,194 7,347,752 36 27,536.00 Disable Person 254,557 225,120 1 696.00 Total Ceilings 10,183,751 7,572,872 37 28,232.00 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 36,255,357 3,868,780 119 32,386,577 New Cap this Year 35,269,235 3,681,307 115 31,587,928 All Exemptions by Group Market Exempt Counts Appraised Residential 11,076,043 1,808,340 39 9,747,082 Commercial 3,200,583 3,200,583 8 3,200,583 Industrial 0 0 0 0 Mineral Lease 0 0 0 0 Agricultural 0 0 0 0 Exemption Total 5,008,923 47 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 310,808 285,370 152 273,506 7/22/2016 3:09:15 PM Page 169 of 353 N z O• Q l0 O � '� O N O [r .-IO M .-I O .--I M O CD O O O N O O O O O O .--I O O O O O O Lo 01 • O M ri 7 t00 .-1 U 0 N 1.11 O .-� O N O O 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O N tp 07 �t -c a) IN O N = U U N ON Is, N CO .--4 o w O. 1 J j- M .-i d c6 Id. v C -b9 +A- ,_ Mid -b9- U) O (I _ 'O -a J (0O. 6 C (p O _cu w m nz = O u Ce EJ t' 3 a) as 4- 1— v U N fl. �. -0 E O (nC xu Z � W >` O o +° ow no 0 4J to Wc D '^ c -5 .m W v N o a ai'.,, a) a ' a U Q E c ~ ra E o o Ti ] o a .s L a) w a) a d E -0 d (a cn is x 0 t._. ul X + 17J 0 * a-.+ CO C (a c O w z:._..-. d O I— D (n ra (�Na X z Q -s „(1) 10 c Q �- ate.+ m Q 11.1 U 11) (��6 *k �.(` cu ami ra O CL) ?p d _ In ru o o a u -, ro O lit Q N r Q U H H U r EXHIBIT "B" 2016 TAX ROLL FOR THE TOWN OF TROPHY CLUB, TEXAS Based on the 2016 certified roll dated July 22, 2016 from the Denton Central Appraisal District, and the certified roll dated July 25, 2016 from the Tarrant Appraisal District, the following applies: The current 2016 tax rate ($0.473/$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 2016, totals $8,078,392 levy. The combined appraisal roll of $8,078,392 levy, upon approval by the Town Council, shall constitute the 2016 tax roll for the Town of Trophy Club. *************************************