RES 2008-25TOWN OF TROPHY CLUB, TEXAS
RESOLUTION NO. 2008-25
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 has
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 such certified roll, a copy
of which is 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 2008, a true and correct copy
of which is attached as Exhibit "A" and incorporated herein, is approved and accepted. Such
tax roll shall constitute the Town's tax roll for the 2008 tax year.
Section 2. That Exhibit "B" specifying the net taxable appraised value, the current
2008 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 22 nd day of September, 2008.
ATTEST: APPROVED AS TO FORM: . ~?cred(17 /}p ~ill~~
Town Attorney
Town of Trophy Club, Texas Town of Trophy Club, Texas
Mayor, Nick Sanders
Town of Trophy Club, Texas
{SEAL]
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APPRAISAL REVIEV,,' BOARD
DENTON COUNTY, TEXAS
ORDER APPROVING APPRAISAL RECORDS
FOR 2008
On July 18, the Appraisal Review Board of Denton County, Texas, met to
approve the appraisal records for tax year 2008.
The Board finds that the appraisal records, as cOJTectedby the Chief Appraiser
according to the orders of the B031'd, should be approved.
The Board finds that the sum of appraised values, as detennined by the Chief
Appraiser, on all propel1ies on which protests have been filed but not deterrnined by this
Board is five percent or less of the total appraised value of all other taxable propenies
The Board therefore _..\PPROVES the appraisal records 3S con'ected
Signed on July 18, 2008
CERTIFICATION OF 2008 APPRAISAL RECORDS
JULY 18, 2008
"I, Joe Rogers, 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."
F APPRAISER
L APPRAISAL DISTRICT
,(jfO-t~~
I,,-HOPE PIEBSf\J j
NOTARYP~ ../
EXPIRES: 09/13/2010
DENTON County 2008 CERTI FI ED TOTALS As of Certification
C28 -TOWN OF TROPHY CLlB
Property Count 3,436 ARB Approved Totals 7i19/2008 6:40:39PM
Land Value
HOm6S\te: 134,704,116
Non Homesrte. 60,542.949
Ag Mar~et: 7,661,950
Timber Market: 0 Total Land 202,909,015
improvement Value I
HomeSite: 494,944,575
Non Homesite' 11.342,819 Totallmprovements 506,287.394
Non Real Count Value I
Personal Property: 205 16.090,510
Mineral Property: 239 7,322.530
Autos' o 0 Total Non Real (+) 23,413.040
lAg Non Exempt
Market Value
Exempt I
732,609.449
Tot31 ProductiVity Market" 7,661,950 0
Ag Use: 31,276 0 Productivity Loss H 7.630,674
Timber Use: o 0 Appraised Value 724.978.775
Productivity Loss: 7,630,674 0
Homestead Cap (-) 2,970,916
Assessed Value 722,007.859
Exemption Count local State lotal I
DP 20 o o 0
DV1 17 o 92.000 92.000
DV2 7 o 52.500 52.500
DV3 3 o 30.000 30,000
DV4 17 o 204,000 204,000
DV4S 3 o 36,000 36.000
EX 86 o 25,688,028 25,688,028
EX(Proraled) 1 o 151.983 151.983
EX366 16 o 4,622 4,622
OV65 409 14,117,866 o 14,117,866
OV65S 22 770,000 o 770.000 Total Exemptions (.) 41,146,999
Net Taxable 680.860,860
Freeze
DP
OV65
Total
Tax Rate
I Transfer
OV65
Total
ASSe""ed
3,840,978
89,300.152
93,141.130
0.430510
Assessed
1,791,035
1,791,035
Taxable
3,828.978
75,691,265
79,520.243
Taxable
1.686,035
1,686,035
Actual Tax
14.762.83
281,589.56
296,352.39
Post %Taxable
891,262
891.262
Ceiling
14,762.83
282,265.22
297,028.05
Adjustment
794,773
794,773
Count I
19
388
407 Freeze Taxable
CounJ
3
3 Transfer Adjustment
(.)
(.)
79,520.243
794,773
Freeze Adjusted Taxable 600,545,844
APPROXIMATE LEVY = (FREEZE ADJUSTED TAXABLE' (TAX RATE 1100»
2.881.762.30 =600.545.844' (0.430510 11 00) + 296.352.39
+ ACTUAL TAX
Tax Incremenl Finance Value
Tax Increment Finance '-ev:(
o
0.00
C28/652983 Page 129 of 472 True Automation, Inc.
DENTON County As of Certification 2008 CERTIFIEIl TOTALS
U8 -TOWN OF TROPHY CU~B
Property Count' 48 Under ARB Review Tota Is 7119/2008 6.40:39PM
Land value
Homes~te:
Non HomeStle,
Ag Market'
Timber MarKet
1,129,231
6,065.446
0
0 Tot.1 L.nd (+) 7,194,677
improvement Value
Homes!le;
Ncn Homes,te:
4,383.796
15,035,540 Total Improvements (+) 19,419,336
Non Real Count Value
Personal Property: 8 0
Mineral Property' 0 0
Autos' 0 0 Total Non Real (+) 0
A9 Non Exempt
Market Value
Exempt I
26,614,013
Total Productivity f'/'arker" 0 0
Ag Use: 0 0 Productivity Loss (-) 0
Timber Use'
Productivity Loss:
0
0
0
0
Apprai5ed Value 26,614,013
Homestead Cap
Assessed Value
(-) 6,261
26,607,752
Exemption Count Local State Total
EX366 8 0 0 0 Total Exemptions (-) 0
Net Taxable 26,607,752
APPROXIMATE TOTAL lEVY =NET TAXABLE (TAX RATE 1100)
114,549.03 = 26,607,752' (0,430510/100)
Tax Incremenl Finance Value" o
Tax l'1crernenl Finance Le\;y. 0,00
C281652983 Page 130 of 472 Tn.Je Automation, Inc.
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JOHN MARSHAL,LTARRANT APPRAISAL DISTRICT CHIEF APPRAISER
TOWN OF TROPHY CLUB
I, JOHN MARSHALL, CHIEF APPRAISER FOR TARRANT COUNTY, SOLEMNLY
SWEAR THAT THE ATTACHED IS THAT PORTION OF THE APPRAISAL ROLL OF THE
TARRANT APPRAISAL DISTRICT WHICH LISTS PROPERTY TAXABLE BY THE ABOVE
NAMED ENTITY AND CONSTITUTES THEIR APPRAISAL ROLL.
2008 APPRAISAL ROLL INFORMATION
VALUATION SUMMARY
* MARKET VALUE »»»»»»»»»»»»»»»») $78,030,311
-DEFERRED SPECIAL USE VALUE LOSS:
AGRICULTURAL SO
-PARTIAL EXEMPTION VALUE LOSS:
DISABLED VETERAN $17 ,000
OVER-65 $736,750
HOMESTEAD $0
DISABLED PERSON $0
FREEPORT INVENTORY $0
* CERTIFIED NET TAXABLE VALUE »»»»»»»»» $77,276,561
* ESTIMATED TOTAL NET TAXABLE VALUE INCLUDING SUGGESTED
VALUES TO BE USED FOR PENDING ARB ACCOUNTS AND
INCOMPLETE ACCOUNTS »»»»»»»»»»»»» $80,631,080
25 JUL 2008
* MARKET AND NET TAXABLE VALUES FOR PENDING ARB ACCOUNTS OR
INCOMPLETE ACCOUNTS ARE ON PAGES 2 AND 3.
2500 Handley-Ede,ville Road Fort Worth, Texas 7611 e 1817) 284-0024Page 1 of 3
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~----_._--------------------
John Marshall
Chief AppraiserIAt TARRANT APPRAISAL DISTRICT
25 JUL 2008
TOWN OF TROPHY CLUB
2008 A.R.B Roll Information
Section 26.01(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 rolland are not included in the totals certified
by the chief appraiser and represented on page 1 of this report.
4,479,359 Total appraised value of properties under protest
4,469,359 Net taxable value of properies under protest
3, 128,551 Estimated minimum taxable value for the same properties
2500 Handley-Ederville Road FOr! Worth, Texas 76118 i8H! 284-0024Page 2 of 3
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-'-"-'---1
John Marshal!
Chief Appraiser
TARRANT APPRAISAL DISTRICT
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25 JUL 20D8 I
I
TOWN OF TROPHY CLUB
2008 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 certified 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 apprai~er and represented on page 1 of this report.
225,968 Total appraised value of incomplete properties
225,968 Estimated nettaxable value of incomplete properties
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2500 Handley.Edervilie Road Fo't Worth. Texas 76118 18171 284-0024Page 3 of 3
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07/24/2008 TARRANT APPRAISAL DISTRICT
6.33.59 TOWN OF TROPHY CLUB 04
TOT200EP TOTALS REPORT ROLL: 25 JU 2008
2008 CERTI lED
REPORT ITEM APPRAISED VAl.UE ACCOUNTS TAX48LE VALUE
,
i. REAL EST,ATE RESIDENTIAL 1+) 36,336,269 167 35,572!5i9
2. REAL ESTA.TE COMMERCIAL (' +) 40,546,624 22 39,031,087
3. RE,li.L EST ATE. INDUSTRIAL (+ ) 0 0 0
4. PERSONAl. PROPERTY COMMERCIALI+! 7,368,282 10 7,368,282
5. PERSONAL PROPERTY INDUSTRIAL(+! 0 0 0
6. MINERAL LEASE PROPERTIES (+ ) 0 0 0
7. AGRICULTURE PROPERTIES (+ ) 0 0 0
8 TOTAL AP PRAl SED VALUE (=) 84,25:,175 199 81 .9'7 i ,888
9. CASES BEFORE ARB (_. ) 4,479,359 17 4.469,359
10. INCOMPLETE 1-i, 1ACCOUNTS , 225.968 225,968
11. CERTIFIED APPRAISED VALUE (= ) 79.545,848 181 77,276,561
EXEMPTION DETAIL EXEMPT AMOUNT ACCOUNTS APPRAISED VALUE
12. ABSOLUTE EXEMPTIONS 1.515.537 3 1.515.537 . 013. AG DEFERRALS o o
14. SCENIC DEFERRALS o c o
15. ABATEMENTS o o o
16. PUBLIC ACCESS AIRPORTS o o o
17. INDIGENT HOUSING o o o
18. NOMINAL VALUE ACCOUNTS o o o
19. DISABLED VETS i7,000 2 430,362
20. FREEPORT INVENTORY o o o
21. GOODS IN TRANSIT o o o
22. HOMESTEADS -STATE MANDATE o o o
23. OVER 65 -STATE MANDATE o o o
24. DISABLED -STATE MANDATE o o o
25. HOMESTEADS -LOCAL OPTION o o o
26. OVER 65 -LOCAL OPTION '136.750 22 4,363,461
27. DISABLED -LOCAL OPTION o o
28. SOLAR/virND o o o
29. POLLUTION CONTROL o o o
30. COMM HSE DEV o o o
31. PRORATED ABSOLUTE o o o
32. HISTORIC SITES o o o
33. FOREIGN TRADE ZONE o o o
34 TOTAL EXEMPT AMOUNT ( -} 2,269,287
35 NET TAXABLE VALUE ! =) 77,276,561 i 81 79,545,848
NEW EXEMPTIONS THIS YEAR EXEMPT AMOUNT ACCOUNTS APPR.AI SED VALUE
(INCLUDED IN ITEM 12 TO 33)
36. NEVi ABSOLUTE EXEMPTIONS 0 0 0
37. NEW AG DEFERRALS 0 0 0
38. NEW SCENIC DEFERRALS 0 0 0
39. NEW ABATEMENTS 0 0 0
40. NEW PUBLIC ACCESS AIRPORTS 0 v" 0
41. NEW INDIGENT HOUSING 0 0 0
42. NEW NOMINAL VALUE ACCOUNTS 0 0 0
43. NEW DISABLED VETS 0 0 0
44. NEW FREEPORT INVENTORY 0 0 0
45. NEW GOODS IN TRANSIT 0 0 0
PAGE
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07/24/2008 TARRANT APPRAISAL DISTRICT
5.33.59 TOWN OF TROPHY CLUB 044
TOT200EP TOTALS REPORT ROLL. 25 JUL 2008
2008 CERTIFIED
NEW EXEMPTIONS THIS YE.AR EXEMPT AMOUNT ACCOUNTS iiPPRAISED VALUE
46. NEW HOMESTEADS -STATE MANDATE 0 0 (}
47. NEW OVER 65 -STATE MANDATE 0 0 a
48. NEvi DISABLED -SI p.TE MANDATE 0 0 G
49. NEW HOMESTEADS -LOCAL OPTION 0 0 o
-50. NEW OVER 65 LOCAL OPT ION 0 0 o
51-NEW DISABLED -LOCAL OPTION 0 0 a
52, NEW SOLAR/WIND 0 0 o
53. NEW POLLUTIor~ CONTROL 0 0 a
54. NEW COMM HSE DEV 0 0 a
t;;::..: ..... NEW PRORATED ABSOLUTE 0 0 a
56. NEW HISTORIC SITES a 0 a
57. NEW FOREIGN TRADE ZONE a 0 a
NEW CONSTRUCTION TAXABLE VALUE ACCOUNTS APPRAISED VALUE
58. ALL REAL ESTATE 2,123,122 2 2,123,122
59. NEW BUSINESS IN NEW IMPROVEMENT 225,968 1 225,968
60. TOTAL NEW CONSTRUCTION 2,349,090 3 2,349,090
61. NEW CONSTRUCTION IN RESIDENTIAL 15.000 1 15,000
62. NEW CONSTRUCTION IN COMMERCIAL 2,334,090 2 2,334,090
63. ANNEXA TIONS a o o
64. DEANNEXATIONS o o o
TAX CEI LI NGS TAXABLE VALUE ACCOUNTS CEILING .AMOUNT
65. OVER 65 3,626,711 22 14, 045.11
66. DISABLED PERSON 178,540 1 696.80
67. TOTAL CEI LINGS 3,805,251 23 14,74 i .91
(INCLUDED IN ABOVE)
68. NEW OVER 65 CEI LINGS 3,626,711 22 , 14,045.11
I69. NEW DISABLED PERSON CEI LINGS 178,540 696.80
CAPPED ACCOUNTS CAP VALUE ACCOUNTS CAP LOSS
70. CAP TOTAL 16,588,336 77 3,113,464
7i. NEW CAP THIS YEAR 15,241,257 68 2,523,943
ALL EXEMPTIONS BY GROUP EXEMPT AMOUNT iiPPRAISED VALUE
72. ALL RESIDENT IAL ACCOUNTS 763.750 36,336,269
'7~ l.j, ALL COMMERCIAL ACCOUNTS 1.515;537 47,914,906
74. ALL INDUSTRIAL ACCOUNTS 0 0
75. ALL MINERAL LEASE ACCOUNTS 0 0
76. ALL AGRICULTURE ACCOUNTS 0 0
PAGE 2
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EXHIBIT "B"
2008 TAX ROLL FOR THE TOWN OF TROPHY CLUB, TEXAS
Based on the 2008 certified roll dated July 18, 2008 from the Denton Central
Appraisal District, and the certified roll dated July 25, 2008 from the Tarrant
Appraisal District, the following applies:
Denton Tarrant
Net Taxable (Before Freeze) $707,468,612 $77,276,561
The combined net taxable appraised value (before freeze), which was ARB
approved, was listed as $784,745,173. The current 2008 tax rate
($. 1$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 2008, totals $ levy.
The combined appraisal roll of $ levy upon approval by the Town
Council, shall constitute the 2008 tax roll for the Town of Trophy Club.
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