RES 2015-29TOWN OF TROPHY CLUB, TEXAS
RESOLUTION NO. 2015-29
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 2015, 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 2015 tax year.
Section 2. That Exhibit "B" specifying the net taxable appraised value, the
current 2015 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 the 22nd day of September, 2015. 1
ATTEST:
r••v 1 . 1 v
Holly Fimbr�s, Town Secretary
Town of Trophy Club, Texas
r
C. Nick Sanders, Mayor
Town of Trophy Club, Texas
APPROVED AS TO FORM:
rl�) to claito
Patricia A. Adams, Town Attorney
Town of Trophy Club, Texas
RES 2015-29 Page 1 of 3
EXHIBIT "A"
CERTIFIED TAX ROLLS FOR DENTON COUNTY AND TARRANT COUNTY
DENTON County 2015 CERTIFIED TOTALS As of Certification
C28 - TROPHY CLUB TOWN OF
Property Count: 4,722 ARB Approved Totals 7/19/2015 7:56:08AM
Exemption Breakdown
Exemption
Count
Local
State
7MM9
UP
14
0
0
0
DV1
26
0
193,000
193,000
DV2
13
0
124,500
124,500
DV3
15
0
154,000
154,000
DV4
31
0
264,000
264,000
DV4S
3
0
0
0
DVHS
14
0
3,654,859
3,654,859
DVHSS
3
0
784,825
784,825
EX -XU
1
0
419,257
419,257
EX -XV
46
0
33,321,994
33,321,994
EX366
117
0
5,378
5,378
OV65
729
24,972,635
0
24,972,635
OV65S
41
1,365,000
0
1,365,000
Totals
26,337,635
38,921,813
65,259,448
028/652983 Page 347 of 1660 True Automation, Inc.
DENTON County
Property Count: 4,722
2015 CERTIFIED TOTALS
C28 - TROPHY CLUB TOWN OF
ARB Approved Totals
As of Certification
7/19/2015 7:54:52AM
Land
Value
Ag
Homesite:
305,136,476
4,513,797
Non Homesite:
76,683,603
472,835
Ag Market:
472,835
187,432,876
Timber Market:
0 Total Land
(+) 382,292,914
Improvement
Value
Timber Use:
Homesite:
1,118,346,435
Appraised Value =
Non Homesite:
37,870,197 Total Improvements
(+) 1,156,216,632
on eaCount
Value
Personal Property:
216 21,332,694
Taxable
Mineral Property:
98 99,767
Counj
Autos:
0 0 Total Non Real
(+) 21,432,461
Freeze
Assessed
Taxable
Market Value =
1,559,942,007
Ag
Non Exempt
Exempt
4,513,797
18,850.43
Total Productivity Market:
472,835
0
213,325,048
187,432,876
Ag Use:
813
0
Productivity Loss ()
472,022
Timber Use:
0
0
Appraised Value =
1,559,469,985
Productivity Loss:
472,022
0
Transfer
Assessed
Taxable
Homestead Cap ()
16,848,529
Counj
OV65
594,746
Assessed Value =
1,542,621,456
54,587
2
Total
Total Exemptions Amount H
65,259,448
470,159
54,587
2 Transfer Adjustment H 54,587
(Breakdown on Next Page)
Net Taxable =
1,477,362,008
Freeze
Assessed
Taxable
Actual Tax
Ceiling
Count
DP
4,513,797
4,513,797
18,850.43
18,850.43
13
OV65
213,325,048
187,432,876
722,839.84
729,009.87
685
Total
217,838,845
191,946,673
741,690.27
747,860.30
698 Freeze Taxable H 191,946,673
Tax Rate
0.490000
Transfer
Assessed
Taxable
Post %Taxable
Adjustment
Counj
OV65
594,746
524,746
470,159
54,587
2
Total
594,746
524,746
470,159
54,587
2 Transfer Adjustment H 54,587
Freeze Adjusted Taxable = 1,285,360,748
APPROXIMATE LEVY = (FREEZE ADJUSTED TAXABLE ' (TAX RATE / 100)) + ACTUAL TAX
7,039,957.94 = 1,285,360,748 - (0.490000 / 100) + 741,690.27
Tax Increment Finance Value: 0
Tax Increment Finance Levy: 0.00
028/652983 Page 346 of 1660 True Automation, Inc.
DENTON County
Property Count: 50
2015 CERTIFIED TOTALS
C28 - TROPHY CLUB TOWN OF
Under ARB Review Totals
As of Certification
7/19/2015 7:54:52AM
Land
Value
Homesite:
1,085,922
Non Homesite:
3,131,445
Ag Market:
0
Timber Market:
0 Total Land
(+) 4,217,367
Improvement
Value
Homesite:
3,580,876
Non Homesite:
2,888,176 Total Improvements
(+) 6,469,052
Non Real
Count
Value
Personal Property:
7
140,269
Mineral Property:
0
0
Autos:
0
0 Total Non Real
(+) 140,269
Market Value
= 10,826,688
Ag
Non ExemptExempt
Total Productivity Market:
0
0
Ag Use:
0
0 Productivity Loss
H 0
Timber Use:
0
0 Appraised Value
= 10,826,688
Productivity Loss:
0
0
Homestead Cap
H 0
Assessed Value
= 10,826,688
Total Exemptions Amount
() 265
(Breakdown on Next Page)
Net Taxable
= 10,826,423
APPROXIMATE TOTAL LEVY = NET TAXABLE . (TAX RATE / 100)
53,049.47 = 10,826,423' (0.490000 / 100)
Tax Increment Finance Value: 0
Tax Increment Finance Levy: 0.00
028/652983 Page 348 of 1660 True Automation, Inc.
DENTON County 2015 CERTIFIED TOTALS As of Certification
C28 - TROPHY CLUB TOWN OF
Property Count: 50 Under ARB Review Totals 7/19/2015 7:56:08AM
Exemption Breakdown
Exemption Count Local State otal
366 2 0 265 265
Totals 0 265 265
028/652983 Page 349 of 1660 True Automation, Inc.
DENTON County
Property Count: 4,772
2015 CERTIFIED TOTALS
C28 - TROPHY CLUB TOWN OF
Grand Totals
As of Certification
7/19/2015 7:54:52AM
Land
Ceiling
Value
DP
4,513,797
Homesite:
18,850.43
306,222,398
13
OV65
Non Homesite:
187,432,876
79,815,048
729,009.87
685
Ag Market:
217,838,845
472,835
741,690.27
747,860.30
Timber Market:
Tax Rate
0
Total Land
(+) 386,510,281
Improvement
Value
Taxable
Homesite:
Adjustment
1,121,927,311
OV65
594,746
Non Homesite:
470,159
40,758,373
Total Improvements
(+) 1,162,685,684
Non Real
Count
a ue
54,587
2 Transfer Adjustment () 54,587
Personal Property:
223
21,472,963
Mineral Property:
98
99,767
Autos:
0
0
Total Non Real
(+) 21,572,730
Market Value
= 1,570,768,695
Ag
Non Exempt
Exempt
Total Productivity Market:
472,835
0
Ag Use:
813
0
Productivity Loss
H 472,022
Timber Use:
0
0
Appraised Value
= 1,570,296,673
Productivity Loss:
472,022
0
Homestead Cap
() 16,848,529
Assessed Value
= 1,553,448,144
Total Exemptions Amount
H 65,259,713
(Breakdown on Next Page)
Net Taxable = 1,488,188,431
Freeze
Assessed
Taxable
Actual Tax
Ceiling
Count
DP
4,513,797
4,513,797
18,850.43
18,850.43
13
OV65
213,325,048
187,432,876
722,839.84
729,009.87
685
Total
217,838,845
191,946,673
741,690.27
747,860.30
698 Freeze Taxable H 191,946,673
Tax Rate
0.490000
TransferAssessed
Taxable
Post %Taxable
Adjustment
TEunj
OV65
594,746
524,746
470,159
54,587
2
Total
594,746
524,746
470,159
54,587
2 Transfer Adjustment () 54,587
Freeze Adjusted Taxable = 1,296,187,171
APPROXIMATE LEVY = (FREEZE ADJUSTED TAXABLE - (TAX RATE / 100)) + ACTUAL TAX
7,093,007.41 = 1,296,187,171 - (0.490000 / 1 00) + 741,690.27
Tax Increment Finance Value: 0
Tax Increment Finance Levy: 0.00
C28/652983 Page 350 of 1660 True Automation, Inc.
DENTON County 2015 CERTIFIED TOTALS As of Certification
C28 - TROPHY CLUB TOWN OF
Property Count: 4,772 Grand Totals 7/19/2015 7:56:08AM
Exemption Breakdown
Exemption
Count
Local
tate
ota
UP
14
0
0
0
DV1
26
0
193,000
193,000
DV2
13
0
124,500
124,500
DV3
15
0
154,000
154,000
DV4
31
0
264,000
264,000
DV4S
3
0
0
0
DVHS
14
0
3,654,859
3,654,859
DVHSS
3
0
784,825
784,825
EX -XU
1
0
419,257
419,257
EX -XV
46
0
33,321,994
33,321,994
EX366
119
0
5,643
5,643
OV65
729
24,972,635
0
24,972,635
OV65S
41
1,365,000
0
1,365,000
Totals 26,337,635 38,922,078 65,259,713
028/652983 Page 351 of 1660 True Automation, Inc.
DENTON County 2015 CERTIFIED TOTALS As of Certification
C28 - TROPHY CLUB TOWN OF
Property Count: 4,722 ARB Approved Totals 7/19/2015 7:56:08AM
State Category Breakdown
State Code
Description
Count
Acres New Value Market
Market Value
A
SINGLE FAMILY RESIDENCE
3,968
$77,151,711
$1,420,886,256
B
MULTIFAMILY RESIDENCE
3
$0
$4,333,254
C1
VACANT LOTS AND LAND TRACTS
228
$0
$9,840,797
D1
QUALIFIED AG LAND
2
7.3930 $0
$472,835
D2
NON-QUALIFIED LAND
2
$0
$24,848
E
FARM OR RANCH IMPROVEMENT
15
76.9092 $0
$6,905,808
F1
COMMERCIAL REAL PROPERTY
17
$2,939,928
$43,372,620
G1
OIL AND GAS
7
$0
$99,767
J2
GAS DISTRIBUTION SYSTEM
1
$0
$1,002,880
J3
ELECTRIC COMPANY (INCLUDING CO-OP
1
$0
$6,547,680
J4
TELEPHONE COMPANY (INCLUDING CO-
12
$0
$1,206,680
J7
CABLE TELEVISION COMPANY
10
$0
$219,330
L1
COMMERCIAL PERSONAL PROPERTY
166
$0
$12,350,746
O
RESIDENTIAL INVENTORY
179
$2,712,387
$18,931,877
X
TOTALLY EXEMPT PROPERTY
164
$0
$33,746,629
Totals 84.3022 $82,804,026 $1,559,942,007
C28/652983 Page 352 of 1660 True Automation, Inc.
DENTON County 2015 CERTIFIED TOTALS As of Certification
C28 - TROPHY CLUB TOWN OF
Property Count: 50 Under ARB Review Totals 7/19/2015 7:56:08AM
State Category Breakdown
State Code
Description
Count
Acres New Value Market
Market VaIEJ
A
SINGLE FAMILY RESIDENCE
15
$0
$4,666,798
C1
VACANT LOTS AND LAND TRACTS
2
$0
$504,420
E
FARM OR RANCH IMPROVEMENT
13
41.2857 $0
$934,543
F1
COMMERCIAL REAL PROPERTY
13
$0
$4,580,658
L1
COMMERCIAL PERSONAL PROPERTY
5
$193,620
$140,004
X
TOTALLY EXEMPT PROPERTY
2
$0
$265
Totals 41.2857 $193,620 $10,826,688
028/652983 Page 353 of 1660 True Automation, Inc.
DENTON County 2015 CERTIFIED TOTALS As of Certification
C28 - TROPHY CLUB TOWN OF
Property Count: 4,772 Grand Totals 7/19/2015 7:56:08AM
State Category Breakdown
State Code
Description
Count
Acres New Value Market
Market Value
A
SINGLE FAMILY RESIDENCE
3,983
$77,151,711
$1,425,553,054
B
MULTIFAMILY RESIDENCE
3
$0
$4,333,254
Ci
VACANT LOTS AND LAND TRACTS
230
$0
$10,345,217
D1
QUALIFIED AG LAND
2
7.3930 $0
$472,835
D2
NON-QUALIFIED LAND
2
$0
$24,848
E
FARM OR RANCH IMPROVEMENT
28
118.1949 $0
$7,840,351
F1
COMMERCIAL REAL PROPERTY
30
$2,939,928
$47,953,278
G1
OIL AND GAS
7
$0
$99,767
J2
GAS DISTRIBUTION SYSTEM
1
$0
$1,002,880
J3
ELECTRIC COMPANY (INCLUDING CO-OP
1
$0
$6,547,680
J4
TELEPHONE COMPANY (INCLUDING CO-
12
$0
$1,206,680
J7
CABLE TELEVISION COMPANY
10
$0
$219,330
L1
COMMERCIAL PERSONAL PROPERTY
171
$193,620
$12,490,750
O
RESIDENTIAL INVENTORY
179
$2,712,387
$18,931,877
X
TOTALLY EXEMPT PROPERTY
166
$0
$33,746,894
Totals 125.5879 $82,997,646 $1,570,768,695
028/652983 Page 354 of 1660 True Automation, Inc.
DENTON County 2015 CERTIFIED TOTALS
As of Certification
C28 -
TROPHY CLUB TOWN OF
Property Count: 4,722
ARB Approved Totals
7/19/2015 7:56:08AM
CAD State Category Breakdown
State Code
Description
Count Acres
New Value Market
Market Value
A016
BUILDER HOME PLANS - REFERENCE ON
42
$0
$0
Al
REAL, RESIDENTIAL, SINGLE-FAMILY
3,927
$77,151,711
$1,420,886,256
B1
REAL, RESIDENTIAL, APARTMENTS
3
$0
$4,333,254
C1
REAL, VACANT PLATTED RESIDENTIAL L
220
$0
$8,830,990
C2
COMMERCIAL VACANT LOT
8
$0
$1,009,807
D1
QUALIFIED AG LAND
2 7.3930
$0
$472,835
D2
NON AG USE ACREAGE
2 0.2511
$0
$24,848
E1
LAND (NON AG QUALIFIED) AND MISC IM
2
$0
$207,823
E4
VACANT NON QUALIFIED NON HOMESITE
13
$0
$6,697,985
F1
REAL COMMERCIAL
12
$1,555,582
$32,096,766
F4
REAL - COMMERCIAL OFFICE CONDO'S
6
$1,384,346
$11,275,854
G1
OIL AND GAS
7
$0
$99,767
J2
REAL & TANGIBLE PERSONAL, UTILITIES,
1
$0
$1,002,880
J3
REAL & TANGIBLE PERSONAL, UTILITIES,
1
$0
$6,547,680
J4
REAL & TANGIBLE PERSONAL, UTILITIES,
12
$0
$1,206,680
J7
REAL & TANGIBLE PERSONAL, UTILITIES,
10
$0
$219,330
L1
BPP TANGIBLE COMERCIAL PROPERTY
73
$0
$7,880,240
L3
BPP TANGIBLE COMMERCIAL LEASED E
92
$0
$4,448,906
L5
AIRCRAFT
1
$0
$21,600
OA1
INVENTORY, RESIDENTIAL SINGLE FAMI
13
$2,712,387
$3,920,011
OC1
INVENTORY, VACANT PLATTED LOTS/TR
166
$0
$15,011,866
X
164
$0
$33,746,629
Totals 7.6441 $82,804,026 $1,559,942,007
C28/652983 Page 355 of 1660 True Automation, Inc.
DENTON County 2015 CERTIFIED TOTALS
As of Certification
C28 -
TROPHY CLUB TOWN OF
Property Count: 50
Under ARB Review Totals
7/19/2015 7:56:08AM
CAD State Category Breakdown
State Code
Description
Count Acres
New Value Market
Market Value
Al
REAL, RESIDENTIAL, SINGLE -FAMILY
15
$0
$4,666,798
C2
COMMERCIAL VACANT LOT
2
$0
$504,420
E4
VACANT NON QUALIFIED NON HOMESITE
13
$0
$934,543
F1
REAL COMMERCIAL
13
$0
$4,580,658
L1
BPP TANGIBLE COMERCIAL PROPERTY
1
$193,620
$96,810
L3
BPP TANGIBLE COMMERCIAL LEASED E
4
$0
$43,194
X
2
$0
$265
Totals 0.0000
$193,620
$10,826,688
C28/652983 Page 356 of 1660 True Automation, Inc.
DENTON County 2015 CERTIFIED TOTALS
As of Certification
C28 -
TROPHY CLUB TOWN OF
Property Count: 4,772
Grand Totals
7/19/2015 7:56:08AM
CAD State Category Breakdown
State Code
Description
Count Acres
New Value Market
Market Value
A016
BUILDER HOME PLANS - REFERENCE ON
42
$0
$0
Al
REAL, RESIDENTIAL, SINGLE-FAMILY
3,942
$77,151,711
$1,425,553,054
B1
REAL, RESIDENTIAL, APARTMENTS
3
$0
$4,333,254
C1
REAL, VACANT PLATTED RESIDENTIAL L
220
$0
$8,830,990
C2
COMMERCIAL VACANT LOT
10
$0
$1,514,227
D1
QUALIFIED AG LAND
2 7.3930
$0
$472,835
D2
NON AG USE ACREAGE
2 0.2511
$0
$24,848
E1
LAND (NON AG QUALIFIED) AND MISC IM
2
$0
$207,823
E4
VACANT NON QUALIFIED NON HOMESITE
26
$0
$7,632,528
F1
REAL COMMERCIAL
25
$1,555,582
$36,677,424
F4
REAL - COMMERCIAL OFFICE CONDO'S
6
$1,384,346
$11,275,854
G1
OIL AND GAS
7
$0
$99,767
J2
REAL & TANGIBLE PERSONAL, UTILITIES,
1
$0
$1,002,880
J3
REAL & TANGIBLE PERSONAL, UTILITIES,
1
$0
$6,547,680
J4
REAL & TANGIBLE PERSONAL, UTILITIES,
12
$0
$1,206,680
J7
REAL & TANGIBLE PERSONAL, UTILITIES,
10
$0
$219,330
Ll
BPP TANGIBLE COMERCIAL PROPERTY
74
$193,620
$7,977,050
L3
BPP TANGIBLE COMMERCIAL LEASED E
96
$0
$4,492,100
L5
AIRCRAFT
1
$0
$21,600
OA1
INVENTORY, RESIDENTIAL SINGLE FAMI
13
$2,712,387
$3,920,011
OC1
INVENTORY, VACANT PLATTED LOTS/TR
166
$0
$15,011,866
X
166
$0
$33,746,894
Totals 7.6441 $82,997,646 $1,570,768,695
C28/652983 Page 357 of 1660 True Automation, Inc.
DENTON County 2015 CERTIFIED TOTALS As of Certification
C28 - TROPHY CLUB TOWN OF
Property Count: 4,772 Effective Rate Assumption 7/19/2015 7:56:08AM
New Value
TOTAL NEW VALUE MARKET: $82,997,646
TOTAL NEW VALUE TAXABLE: $82,098,254
New Exemptions
Exemption
Description Count
Exemption Description
EX366
HB366 Exempt 9
2014 Market Value
$673
ABSOLUTE EXEMPTIONS VALUE LOSS
TOTAL EXEMPTIONS VALUE LOSS
$673
Exemption
Description
Count
Exemption Amount
DP
Disability
1
$0
DV1
Disabled Veterans 10% - 29%
6
$44,000
DV2
Disabled Veterans 30% - 49%
3
$27,000
DV3
Disabled Veterans 50% - 69%
1
$12,000
DV4
Disabled Veterans 70% - 100%
3
$24,000
DVHS
Disabled Veteran Homestead
4
$877,692
OV65
Over 65
81
$2,779,000
PARTIAL EXEMPTIONS VALUE LOSS
99
$3,763,692
NEW EXEMPTIONS VALUE LOSS
$3,764,365
028/652983 Page 358 of 1660 True Automation, Inc.
Increased Exemptions
Exemption Description
Count Increased
Exemption Amount
INCREASED EXEMPTIONS VALUE LOSS
TOTAL EXEMPTIONS VALUE LOSS
$3,764,365
New Ag / Timber Exemptions
New Annexations
Count Market Value
Taxable Value
2 $1,434,611
$1,434,611
New Deannexations
Average Homestead Value
Category A and E
Count of HS Residences
Average Market Average HS Exemption
Average axable
3,210
$367,838 $5,249
Category A Only
$362,589
Count of HS Residences
Average Market Average HS Exemption
Average axable
3,209
$367,909 $5,250
$362,659
028/652983 Page 358 of 1660 True Automation, Inc.
DENTON County 2015 CERTIFIED TOTALS As of Certification
C28 - TROPHY CLUB TOWN OF
Lower Value Used
Count of Protested Properties Total Market Value Total Value Used
50 $10,826,688.00 $10,826,423
028/652983 Page 359 of 1660 True Automation, Inc.
Tarrant Appraisal D&bict
July 22, 2015
To: Tarrant County Taxing Entities
From: Jeff Law 91�
Subject: July 2015 Certified Roll
Jeff Law
Executive Director
Chief Appraiser
Please find attached the 2015 July certified appraisal roll. State law requires that I
provide this report of value to each taxing entity on or around July 25th of each calendar year.
The attached report will show the value we are able to certify for the 2015 tax year along
with any accounts that remain under protest and any known accounts that are incomplete or are
in a "need review" status. While we are certifying this year's roll from a new software system,
the District has worked diligently with our software provider, Thomson Reuters, to ensure the
accuracy of the data provided.
The District replaced its 30 year old legacy system with a more modern up to date
software program. As a result, reporting is different and we are striving to make sure the new
reports and data meet the expectations of our intended users. We will continue to review the
processes, data, and roll products to make enhancements and improvements as we go forward.
You may notice the number of protests and values associated with those protests are
much lower than in years past. I am very pleased with the TAD staff who worked hard to
process and handle these protests in the most efficient manner. I am also very pleased with the
work of the Appraisal Review Board. The staff and review board did a great job at resolving as
many protests as possible before certification.
We appreciate everyone's patience during this time of adjustment and look forward to
working with you throughout this year and the years to come.
2500 Handley-Ederville Road • Fort Worth, Texas 76118-6909 • (817) 284-0024 • www.tad.org
�n
Tarrant Appraisal District
Jeff Law, Chief Appraiser
044 TOWN OF TROPHY CLUB
Appraisal Roll Information Valuation Summary as of July 25, 2015
2015 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) ------------------------- - - - - -> 93,903,675
Absolute Exemptions 1,807,646
Cases Before ARB
Incompletes 425,672
Exemptions 1,555,455
(See Totals report for breakdown of each Exemption)
NET TAXABLE VALUE ------------------------------------------> 90,114,902
Appraised Value minus Exemptions amount, minus Cases Before ARB amount, minus Incompletes,
equals the Net Taxable Value.
ESTIMATED NET TAXABLE VALUE ----------------------- ---------> 90,540,574
Including suggested values to be used for pending ARB accounts (see page two) and
Incompletes (see page three).
J ff Law, Chief Appraiser
1 TAD - 2500 Handley Ederville Road - Fort Worth, Texas 76118 - 817.284.0024
1`
Tarrant Appraisal District
Jeff Law, Chief Appraiser
044 TOWN OF TROPHY CLUB
Appraisal Roll Information Valuation Summary as of July 25, 2015
2015 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.
Total appraised value of properties under protest.
Net taxable value of properties under protest.
Estimated minimum taxable value for the same
properties. This value should be added to the net
taxable value on page one.
TAD - 2500 Handley Ederville Road - Fort Worth, Texas 76118 - 817.284.0024
Tarrant Appraisal District
Jeff Law, Chief Appraiser
044 TOWN OF TROPHY CLUB
Appraisal Roll Information Valuation Summary as of July 25, 2015
2015 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
provided 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,
425,672
Total appraised value of incomplete properties
425,672
Estimated net taxable value of incomplete properties.
This value should be added to the net
taxable value on page one.
TAD - 2500 Handley Ederville Road - Fort Worth, Texas 76118 - 817.284.0024
Tarrant Appraisal District
(irw TOWN OF TROPHY CLUB 044
7brr"Aws "°°"i` Totals for Roll Instance July Roll - 061
2015
Value Detail
Market
Appraised
Counts
Taxable
Real Estate Residential
40,313,388
40,189,933
168
38,634,478
Real Estate Commercial
46,692,447
46,692,447
26
45,176,910
Real Estate Industrial
0
0
0
0
Personal Property Commercial
7,021,295
7,021,295
24
6,729,186
Personal Property Industrial
0
0
0
0
Mineral Lease Properties
0
0
0
0
Agricultural Properties
0
0
0
0
Total Value
94,027,130
93,903,675
218
90,540,574
Pending Detail
Market
Appraised
Counts
Taxable
Cases Before ARB
0
0
0
0
Incomplete Accounts
425,672
425,672
19
425,672
Certified Value 93,601,458 93,478,003 199 90,114,902
7/24/2015 2:04:54 PM Page 10 of 25
Exemption Detail
Market
Exempt
Counts
Appraised
Absolute Public
87,777
87,777
2
87,777
Absolute Charitable
292,109
292,109
1
292,109
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
0
0
0
0
Disabled Vet 10-29%
209,200
5,000
1
209,200
Disabled Vet 30-49%
0
0
0
0
Disabled Vet 50-69%
0
0
0
0
Disabled Vet 70-99%
647,900
26,520
3
647,900
Disabled Vet 100%
647,900
561,250
3
647,900
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
6,733,100
962,685
32
6,716,684
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
3,363,101
43
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
7/24/2015 2:04:54 PM Page 11 of 25
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%
0
0
0
0
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
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
0
0
New Construction
Market
New Value
Counts
Taxable
All Real Estate
580,473
295,822
2
580,473
New business in new improvement
0
0
0
0
Total New Construction
580,473
295,822
2
580,473
New Construction in Residential
580,473
295,822
2
580,473
New Construction in Commercial
0
0
0
0
Market
Appraised
Counts
Taxable
Annexation
0
0
0
0
Deannexation
0
0
0
0
7/24/2015 2:04:54 PM Page 12 of 25
Tax Ceiling
Over 65
Disable Person
Market
6,487,100
209,200
Taxable
5,533,129
204,200
Counts
31
1
Ceiling Amount
23,245.00
696.00
Total Ceilings
6,696,300
5,737,329
32
23,941.00
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
849,500
123,455
4
726,045
New Cap this Year
0
0
0
0
All Exemptions by Group
Market
Exempt
Counts
Appraised
Residential
7,309,200
1,555,455
34
7,292,784
Commercial
1,807,646
1,807,646
4
1,807,646
Industrial
0
0
0
0
Mineral Lease
0
0
0
0
Agricultural
0
0
0
0
ExemptionTotal
9,116,846
3,363,101
38
9,100,430
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
253,150
252,373
159
242,592
7/24/2015 2:04:54 PM Page 13 of 25
EXHIBIT "B"
2015 TAX ROLL FOR THE TOWN OF TROPHY CLUB, TEXAS
Based on the 2015 certified roll dated July 24, 2015 from the Denton Central Appraisal
District, and the certified roll dated July 24, 2015 from the Tarrant Appraisal District, the
following applies:
The current 2015 tax rate ($0.484/$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 2015, totals $7,477,394 levy.
The combined appraisal roll of $7,477,394 levy, upon approval by the Town Council,
shall constitute the 2015 tax roll for the Town of Trophy Club.
*************************************