Agenda - City of Dallas

Exhibit A - Davis Garden TIF District
FY 2011 Annual Report
5. Tax increment base and current captured appraised value retained by the zone:
Taxable Base Year Est. Captured
Taxing
Jurisdiction Value 2011* 2007 Value Value 2011**
City of
Dallas $140,804,869 $137,834,597 $2,970,272
Dallas County $140,804,869 $137,834,597 $2,970,272
Dallas Independent School District $0 $0 $0
Dallas County Hospital District $0 $0 $0
Dallas County Community College District $0 $0 $0
*2011 taxable value shown for participating taxing jurisdictions. County values are approximate and
will vary slightly from the City value due to different exemption levels.
**Based on preliminary Taxable Value. The final values will be determined on February 01, 2012.
6. Captured appraised value by the municipality and other taxing units, the total amount of the tax
increment received, and any additional information necessary to demonstrate compliance
with the tax increment financing plan adopted by the governing body of the municipality:
A. Estimated tax increment shared by the municipality and other participating taxing jurisdictions:
Assessment
Amount of
Estimated
2011
Taxing Jurisdiction Per $100*** Increment
City of
Dallas 0.55790 $16,571
Dallas County 0.13371 $3,971
Dallas Independent School District 0.00000 $0
Dallas County Hospital District 0.00000 $0
Dallas County Community College District 0.00000 $0
Total for all
Jurisdictions $0.69161 $20,543
*** Participation rate for Dallas County is 0% for tax year 2008 and 55% for tax years 2009 to 2029.
City of Dallas participates at variable rates as follows:
Tax Year
Rate
2008 0%
2009 - 2010 55%
2011 - 2013 70%
2014 - 2020 85%
2021 - 2023 70%
2024 - 2029 55%
B. The total estimated amount of tax increment to be billed for the 2011 tax year is $20,543. For the 2010 tax
year, increment in the amount of $163,660 was collected.
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