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R2006-115 08-07-06 RESOLUTION NO. R2006-115 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS, ACCEPTING THE 2006 CERTIFIED APPRAISAL ROLL AND ASSOCIATED NEW CONSTRUCTION VALUES FOR THE CITY OF PEARLAND. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS: Section 1. That the 2006 Certified Appraisal Roll with associated new construction values, attached hereto as Exhibit" A", is hereby accepted. PASSED, APPROVED and ADOPTED this the ~ day of August A.D., 2006. " )vmJ )~ TOM REID MAYOR ATTEST: APPROVED AS TO FORM: ~f1.M- DARRIN M. COKER CITY ATTORNEY 07/25/2005 11:22 9798497984 BeAD EXHIBIT b :ll j A (, BRAZORIA COUNTY APPRAISAL DISTRICT STATE OF TEXAS COUNTY OF BRAZORIA CERTIFICA TION OF THE 2006 APPRAISAL ROLL FOR City of Pearl and In compliance with Section 26.01 of the State Property Tax Laws; rrsubmission ofroUs to taxing units,n notice is hereby given to-wit: The Brazoria County Appraisal Review Board meeting on July 17, 2006, duly approved the 2006 Appraisal RoUs for your entity for certificati.on as follows: T AXABLE VALUE FOR 2006 APPRAISAL ROLL TOTAL TAXABLE VALUE $ 4,072,623,272 ESTIMA TED TAXABLE VALUE FOR THE 2006 SUPPLEMENTAL ROLL (Properties Sl.ill Under Protest) BeAD APPRAISED VALUE *V ALUE CLAIMED BY OWNER $ 378,667,598 $ 340,800;838 SUMMARY: Taxable Value for 2006 Appraisal Roll $ 4,072,623,272 *Estimated Taxable Value for 2006 Supplemental Roll $ 340,800;o.:;n_ Net Taxable Value $ 4,413,424,1 ~:.. I, Cheryl Evans, Chief Appraiser for the Brazoria County Appraisal District, do hereby certify the correctness of the rolls as approved by the Appraisal Review Board's action. July 25, 2006 "D Me 07/25/2005 11:22 9798497984 BeAD PAGE 03 BRAZORIA COUNTY APPRAISAL DISTRICT STATE OF TeXAS COUNTY OF BRAZORIA CERTIFICATION OF THE 2006 APPRAISAL ROLL FOR City of Pearland REAL PROPERTY $ 3,763,258,972 PERSONAL PROPERTY $ 297,609,280 MLNERALS $ 191,330 MOBILE HOMES $ 11,563,690 TOTAL TAXABLE VALUE $ 4,072,623,272 PENDING ACCOUNTS REAL PROPER IT $ 341,458,078 PERSONAL PROPERTY $ 36,982,750 MINERALS $ 0 MOBILE HOMES $ 226,770 TOTAL TAXABLE VALUE $ 378,667,598 V ALUE CLAIMED BY OWNER REAL PROPERTY $ 307,312,270 PERSONAL PROPERTY $ 33,284,475 MINERALS $ 0 MOBILE HOMES $ 204,093 TOTAL TAXABLE V ALDE $ 340.800,838 07/25/2005 11:22 9798497984 BeAD PAGE 04 BRAZORIA COUNTY APPRAISAL DISTRICT STATE OF TEXAS COUNTY OF BRAZORIA INFORMATION FOR CALCULATION OF 2006 EFFECTIVE TAX RATE City of Pearland Assumption #6 PROPERTY DEANNEXED $ o Assumption #7 LOSS TO NEW EXEMPTIONS Absolute Exemptions - 2005 Mkt Value $ Partial Exemptions - 2006 Exmpt Amnt + $ 14,041,500 73,953,291 Total .Loss to New Exemptions "= $ (Pmtial and Total Exemption) 87,994,791 Assumption #8 LOSS TO NEW AG Previous Year's Market Value $ Total Loss to New Ag == $ Loss of TaxabJe Value Due to New Ag $ 600,2~ 6,000 594,220 594,220 Minus This Year's Kew Ag - $ Assumption #1.1 NEW ANNEXED PROPERTY Net Value $ 248,664,400 Assumption #12 NEW CONSTRUCTION Total New Construction == $ 423,200,548