RES 2010-21Example 1
TOWN OF TROPHY CLUB, TEXAS
RESOLUTION NO. 2010-21
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 2010, 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 2010 tax year .
Section 2. That Exhibit "8" specifying the current 2010 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 liB" 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 27th day of September , 2010.
Mayor Connie White
Town of Trophy Club, Texas
ATTEST : APPROVED AS TO FORM:
~bA C£.lrJd..
{SEAL]
Resolution 2010-21 (File 10 522) 1
CERTIFICATION OF 2010 APPRAISAL RECORDS
July 16, 2010
"1, 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 1 am aware of at an appraised value
determined as required by law,"
JOE
DEN
vr6IfJMCjJC~
BEATRICE CHAMBERS
NOTARY PUBLIC
EXPIRES: 02-08-2011
EXHIBIT A
Page 1 of 10
APPRAISAL REVIEW BOARD
DENTON COUNTY. TEXAS
ORDER APPROVING APPRAISAL RECORDS
FOR 2010
On July] 6, the Appraisal Review Bonrd of Denton County, Texas, met to
approve the appraisal records for tax year 2010.
The Board finds that the appraisal records. as corrected by the Chief Appraiser
according to the orders of the Board, should be approved.
The Board finds that the sum of the appraised values. as determined by the Chief
Appraiser, on all properties on which protests have been filed but not determined by this
Board is five percent or less of the LOla I appraised value of all other taxable properties.
The Board therefore APPROVES the appraisal records as corrected.
Signed on July 16,2010
------------===--ZO~~
Wayne Gillum
VICE-CHAIRPERSON APPRAISAL REVIEW BOARD
EXHIBtT A
Page2of10
DENTON County As of Cerlincalion2010 CERTIFIED TOTALS
C28 -TOWN Or-TROPHY CI.UB
Property Coun!: 3,706 ARB Approved Tolal5 7/1712010 1:0424PM
.1. . . ~ ", :. :' ," .' ,!. j'i .I Value
Homesila: 172.427,721
Non Homesile. 68.411,653
Ag Mar1<et: 921.377
Timber Markel o TOlal Land (+) 241,760,751
I~ impr,oyeIT!Dt:l 1,. ;' , Ii I I ' , I t I, 'i , Value I
Homesite: 552.976.050
Non Homesite' 17,031.990 Totlllimprovemenls (+) 57o.00B,040
.Co.unt :" . Value I
Pe",onal Property: 202 15.961.865
Mineral Property: 238 2.635,356
AulDS: a a Total Non Real (+) 18,597,221
Market Value 830,366.012
, , El'el)1pt
Tolal Produclivily Markel' a 921,377
Ag Use: a 2,035 Productivity Loss (-) 0
TImber Use: o 0 Appraised VaiuD 830,366.012
Productivity LObS: o 919.342
Homestead Cap (-) 1.502,599
Assessed Value 828.663.413
~empflon ,: ',",;' ,,;.COUfl;l j , Local . . . , I ~ . '. , ·Stal9' . Total :I
DP 16 0 0 a
DVl 15 0 96.000 96,000
DV2 5 0 42.000 42.000
DV3 6 a 60,000 60.000
DV4 23 a 228,000 22B.000
DV4S 3 a 36,000 36,000
DVHS 4 0 827,332 B27,332
EX 80 0 30,950.303 30.950.303
EX(Proraled) 1 0 127,078 127.078
EX366 34 0 4.335 4.335
OV65 482 16,573,486 a 16.573,486
OV65S 23 B05,oOO a B05,OOO Total Exemptions (.) 49.749,534
Net Taxable 779,113.879
DP
OV65 113.001.247 463
Total
Tal Rate
116.396,022
0,470000
99.451,204 389,999.70 395,890.00 479 Fraeze Taxablo (-) 99.451,204
FreDze Adjusted Taxable 678,662.675
APPROXIMATE LEVY ~ (FREEZE ADJUSTED TAXABLE· (TAX RATE 1100)) + ACTUAL TAX
3.584.414.27 ~ 679.662.675 • (0.470000 1100) + 389.999.70
Tax Increment Finance Value:
Tax Increment Finance Levy:
o
0.00
C28/6529B3 EXHIBIT A
Page30f10
True Aulomallon, Inc
DENTON Counly As of Certlficalion2010 CERTIFIED TOTALS
C28 -TOWN OF TROPHY CLUB
Property Counl' 196 Under ARB Review Tolals 711712010 1:04:24PM
Land : .: ; ,', ..' 1d i" . : ,value
Homeslle: 311,410
Non Homeslle: 13,995,435
Ag Market: 3,843,191
Timber Market o Tolill Land (+) 18,150,036
1 Il'Ifprov.~~~l1t,) : ". ' , J I ' , : 1
Home,,;le: 1,000,192
Non Homes.He: 3,759,534 Tolollmprovements (+) 4,759,726
Non,Real: , Count " Value:1
Personal Property: 8 ~8.376
Mineral Property: o a
Aulas: o a Tolill Non Real (+) 4B,376
Market Vlllue 22,958,138
" I Nor .Exe[Tlp,t , . ~. _i .' .
Tolal Produclivliy Markel: 3.843,191 a
Ag Use: 18,919 Productivity Loss (-) 3,824,272
Timber Use: o o Appraised Value 19,133,866
Productivlly Loss: 3,824,272 o
Homestead Cap (-) o
Assessed Value 19,133,866
I, Exe,01ptlon,: ','1 :', '':1,. " Count . LOcal .. Slate ,:, , Tota"1
OV65 5 175,000 o 175,000 Total Exempllons (-) 175,000
Net Taxable lB,958,865
Taxable , Ceiling, Count:
OV65 13B,982 103,982 488.72 754,94
Total 138,982 103,982 40B.72 764.94 Freeze Ta.able (-) 103,982
Tax RaiD 0.470000
;raxa,bl.,' , ,. post ,'1O:1ax.blo ~dlu5tmenl,:, ;Coun~
OV65
Total
453,756
453,756
383,756
383,756
297,381
297,381
88,375
86,375
2
2 Tronsfer Adjustment (,) 86,375
Frenze Adjusted TaxDble 10,768,509
APPROXIMATE LEVY = (FREEZE ADJUSTED TAXABLE· (TAX RATE /100»
88,700.71 = 18,75B,509· (0.470000 /100) + 488.72
Tax Increment FInance Value"
Tax InCIem~nl Fll1anCB Levy
+ ACTUAL TAX
o
0.00
C281652983 EXHIBIT A True Aulamaliorl, Inc
Page 4 of 10
DENTON Counly As of Cerlifi calion 2010 CERTIFIED TOTALS
08 -TOWN OF TROPHY CLUB
Properly Coun!: 3,902 Grand Tolals 711712010 1:04:24PM
I L~~'~': \""'ir:, ' 1 ... • :, ' , .. , i ,,' .i. : ,II.J~eil
Homesile: 172,739,131
Non Homesite: 82,407,088
Ag Market: 4,764,568
Timber Market 0 Tolnl Land (+) 259,910,787
:.!mprpvelllefl!·;'·'; :: ·1: ·do" ••1 "! " I " Value: I
Homeslle: 553,976,242
Non Homesite: 20,791,524 Tot.Jllmprovemenls (+) 574,767,766
" . Counl .. ,Value :·1
Personal Property:
Minerai Property:
Aulas:
210
238
a
,'NQP Exempl Ii I ' "
16,010,241
2,635,356
a
I"j 'l': EX~rJ1pt ; 1
TotDI Non Real
Market Value
(+) 18,645,597
853,324,150
Tolal Produclivity Markel'
Ag Use:
Timoer Use:
Productivity Loss:
. Exempllon . ".:.:.. 1i , •.
DP
DVI
DV2
DV3
DV4
DV4S
DVHS
EX
EX(Pnoraled)
EX366
OV85
OV65S
Count
16
15
5
6
23
3
4
80
34
487
23
3,643,19i
18,919
a
3,824,272
.~ ,. .!local.' :.1 '; .... s.ta,to .
a 0
0 96 ,000
0 42 ,000
0 60,000
0 228,000
0 36 ,000
0 827 ,332
0 30 ,950,303
0 127,078
a 4,335
16,748,486 0
B05,000 0
921 ,377
2 .035 Productivity La..
0 Appraised Value
919,342
Homestead Cap
Assessed Value
' Total I
0
96,000
42 ,000
60,000
228,000
36,000
827,332
30,950,303
127,078
4,335
16,748,486
805,000 Total ExemplJons
(-)
(-)
(-)
3,824,272
849,499,878
1,502,599
847,997,279
49,924,534
Not Taxable 798,072,745
DP
aV65
TOlnl
Ta. Rala
OV65
Total
3,394,775
113,140,229
116,535,004
0.470000
453,756
453,756
96,165.411
99,555,186
382,904.76
396,654.94
464
480 Freeze Taxable
:,. Taxable ·;'.Post'/{,Tax8ble.:" MJustmert:.; .GOU"l
383,756 297,381 86,375 2
383.756 297,381 86,375 2 Transrer Adjustment
(0) 99,555,186
86,375
Frceze Adjusted Taxable 698,431,164
APPROXIMATE LEVY =(FREEZE ADJUSTED TAXABLE· (TAX RATE 1100»
3,673,114,88 = 688,431,184 • (0.4700001100) + 390,480.42
+ ACTUAL TAX
Tax Increment Finance Value: o
C281652983 EXHIBIT A
Page 5 of 10
True Autamalion, Inc
. . ! ~ ' :'
25 JUL 2010
~
TARRANT APPRAISAL DISTRICT
TOWN OF TROPHY CLUB
2010 Certified Appraisal Roll Valuation Summary
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 of the Tarrant Appraisal District which lists
property taxable by the above named entity and constitutes their
certified appraisal roll.
APPRAISED VALUE (Considers Value Caps) - - - - - - - - - • - - - - - -~ > $ 78,129,230
Absolute Exemption $ 1,515,537
Cases before ARB $ 1,394,134
Incompletes $ 2,183
Deferred, Special Use, and Partial Exemptions $ 1,318,974
See Totals Report for breakdown of each Exemption
NET TAXABLE VALUE ~ - - -~ - • - - - -~ - - - - - - -~ • - -~ • - - -> $ 73,898,402
Appraised value minus Absolute Exemption amount, minus ARB amount,
minus Incompletes, minus Deferred, Special Use and Partial Exemptions
to equal the NTV.
ESTIMATED NET TAXABLE VALUE - - - ---• - - • - - - - - - - - -> $ 74,851,978
Including suggested values to be used for pending A.R.B . accounts
(see page two), and Incomplete accounts (see page three).
EXHIBIT A 2500 Handley-Ederville Road Fort Worth. Texas 7611 B (817) 284-0024 LTR25C.fsl 7·16·2010
Page 6 of 10
.... . . .. .~,
25 JUL 2010
TARRANT APPRAISAL DISTRICT
Jeff Law, Chief Appraiser
TOWN OF TROPHY CLUB
2010 Appraisal Roll Information Valuation Summary
Section 25.01 (c) of the State Property Tax Code directs the chief appraiser to prepare
a list of all properties under rotest with the Appriasal 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.
$ 1,394, 134 Total appraised value of properties under protest.
$ 1,359, 134 Net taxable value of properties under protest.
$ 951 ,393 Estimated minimum taxable value for the same properties.
This value should be added to the net taxable value on
page one.
EXHIBIT A 2500 Handley-EdervilJe Road Fort Worth, Texas 76118 (817) 284-0024 LTR250.fsl 7-16·2010
Page 7 of 10
25 JUL 2010
TARRANT APPRAISAL DISTRICT
Jeff Law, Chief Appraiser
TOWN OF TROPHY CLUB
2010 Incomplete Property Information
Section 26.01 (d) of the Stale 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 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 Baal-d.
$ 2 ,183 Total appraised value of Incomplete properties
$ 2 ,183 Estimated net taxable value of incomplete properties
2500 Handley-Ederville Road Fort Worth, Texas 76118 (817) 284-0024 LTR25EJsI 7-16-2010EXHIBIT A
Page 8 of 10
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
07/22/2010 TARRANT APPRAISAL DISTRICT
7.00.21 TOWN OF TROPHY CLUB 044
TOT200EP TOTALS REPORT ROLL: 25 JUL 2010
2010 CERTIFIED
REPORT ITEM APPRAISED VALUE ACCOUNTS TAXABLE VALUE
1 . REAL ESTATE RESIDENTIAL ( + ) 36,677,957 168 35,323,983
2. REAL ESTATE COMMERCIAL ( + ) 35,304,254 23 33,788,717
3. REAL ESTATE INDUSTRIAL ( + ) 0 a 0
4. PERSONAL PROPERTY COMMERCIAL(+) 6,147,019 1 1 6,147,019
5. PERSONAL PROPERTY INDUSTRIAL( +) 0 0 0
6. MINERAL LEASE PROPERTIES ( + ) 0 0 0
7. AGRICULTURE PROPERTIES ( + ) 0 0 0
8 TOTAL APPRAISED VALUE ( =) 78,129,230 202 75,259,719
9. CASES BEFORE ARB ( -) 1,394,134 5 1,359,134
10. INCOMPLETE ACCOUNTS ( -) 2, 183 1 2, 183
1 1 . CERTIFIED APPRAISED VALUE (= ) 76,732,913 196 73,898,402
EXEMPTION DETAIL EXEMPT AMOUNT ACCOUNTS APPRAISED VALUE
12. ABSOLUTE EXEMPTIONS 1,515,537 3 1,515,537
13. AG DEFERRALS 0 0 0
14. SCENIC DEFERRALS 0 0 0
15. ABATEMENTS 0 0 0
16. PUBLIC ACCESS AIRPORTS 0 0 0
17. INDIGENT HOUSING 0 0 0
18. NOMINAL VALUE ACCOUNTS a 0 0
19. DISABLED VET S 527,974 4 751,254
20. FREEPORT INVENTORY 0 a 0
21. GOODS IN TRANSIT 0 0 0
22. HOMESTEADS -STATE MANDATE 0 0 0
23. OVER 65 -STATE MANDATE 0 0 0
24. DISABLED -STATE MANDATE 0 0 0
25. HOMESTEADS -LOCAL OPTION 0 0 0
26. OVER 65 -LOCAL OPTION 791,000 25 5,488,982
27. DISABLED -LOCAL OPTION 0 2 0
28. SOLAR/WIND 0 0 0
29. POLLUTION CONTROL 0 0 0
30. COMM HSE DEV 0 0 0
31. PRORATED ABSOLUTE 0 0 0
32. HISTORIC SITES 0 0 0
33. FOREIGN TRADE ZONE 0 0 0
34 TOTAL EXEMPT AMOUNT ( -) 2,834,511
35 NET TAXABLE VALUE (= ) 73,898,402 196 76,732,913
NEW EXEMPTIONS THIS YEAR EXEMPT AMOUNT ACCOUNTS AF i-'RAI SED VALUE
( I NCLUDED IN ITEM 12 TO 33)
36. NEW 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 0 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
EXHIBIT A
Page 9 of 10
07/22/2010 TARRANT APPRAISAL DISTRICT
7 . 00.2-1 TOWN OF TROPHY CLUB 044
TOT200EP TOTALS REPORT ROLL: 25 JUL 2010
46.
47.
48.
49.
50.
51 .
52.
53.
54.
55.
56.
57.
58.
59.
60.
61.
62.
63,
64.
65.
66.
67.
68.
69.
70.
71.
72.
73.
74.
75.
76.
NEW
NEW
NEW
NEW
NEW
NEW
NEW
NEW
NEW
NEW
NEW
NEW
NEW
NEW
ALL
NEW
EXEMPTIONS THIS YEAR
HOMESTEADS -STATE MANDATE
OVER 65 -STATE MANDATE
DISABLED -STATE MANDATE
HOMESTEADS -LOCAL OPTION
OVER 65 -LOCAL OPTION
DISABLED -LOCAL OPTION
SOLAR/WIND
POLLUTION CONTROL
COMM HSE DEV
PRORATED ABSOLUTE
HISTORIC SITES
FOREIGN TRADE ZONE
CONSTRUCT ION
REAL ESTATE
BUSINESS IN NEW IMPROVEMENT
TOTAL NEW CONSTRUCTION
NEW CONSTRUCTION
NEW CONSTRUCTION
ANNEXATIONS
DEANNEXATIONS
TAX CEILINGS
OVER 65
DISABLED PERSON
TOTAL CEILINGS
IN RESIDENTIAL
IN COMMERCIAL
(INCLUDED I N ABOVE)
NEW OVER 65 CEILINGS
NEW DISABLED PERSON CEILINGS
CAPPED ACCOUNTS
CAP
NEW
ALL
ALL
ALL
ALL
ALL
ALL
TOTAL
CAP THIS YEAR
EXEMPTIONS BY GROUP
RESIDENTIAL ACCOUNTS
COMMERCIAL ACCOUNTS
INDUSTRIAL ACCOUNTS
MINERAL LEASE ACCOUNTS
AGRICULTURE ACCOUNTS
2010
EXEMPT AMOUNT
0
0
0
0
35,000
0
0
0
0
a
0
0
TAXABLE VALUE
0
0
0
0
0
o
a
TAXABLE VALUE
4 , 433,5B2
405,300
4,838,882
971,400
214,500
CAP VALUE
1 , 765 , 777 o
EXEMPT AMOUNT
1,353,97Ll
1,515,537 o o o
ACCOUNTS
0
0
0
0
1
0
0
0
0
0
0
0
ACCOUNTS
0
0
0
0
0
o o
ACCOUNTS
24
2
26
4
1
ACCOUNTS
9
0
CERTIFIED
APPRAISED VALUE
0
0
0
0
299,400
0
0
0
0
0
0
0
APPRAISED VALUE
0
a
0
0
0
a o
CEILING AMOUNT
17,618.95
1,671.04
19,289.99
4,654.88
974.24
CAP LOSS
336,023
o
APPRAISED VALUE
36,677,957
41,451,273
o o
o
EXHIBIT A
Page 9 of 10
Example 1
EXHIBIT "B"
2010 TAX ROLL FOR THE TOWN OF TROPHY CLlB, TEXAS
Based on the 2010 certified roll dated July 17, 2010 from the Denton Central
Appraisal District, and the certified roll dated July 25 , 2010 from the Tarrant
Appraisal District, the following applies:
The current 2010 tax rate ($0.515/$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 2010, totals $4,367,266 levy .
The combined levy of $4,367,266, upon approval by the Town Council, shall
constitute the 2010 tax roll for the Town of Trophy Club.
***************************************************