Property Tax Levies and Collections IX

City of Belton, Texas

Property Tax Levies and Collections Last Ten Fiscal Years

Fiscal Year 2012 2013 2014 2015

Taxes levied: Fiscal year levy 5,015,237$ 5,242,115$ 5,515,442$ 5,886,071 $ Adjustments in subsequent years (16,771) (23,481) (17,101) (17,164) Total of taxes levied (1) 4,998,466 5,218,634 5,498,341 5,868,907

Taxes collected: Fiscal year collections 4,916,417 5,124,859 5,426,284 5,780,783 Collections in subsequent years (2) 73,164 85,555 61,501 76,945 Total of taxes collected 4,989,581$ 5,210,414$ 5,487,785$ 5,857,728 $

Collection rates: Percentage collected in fiscal year 98.36% 98.20% 98.69% 98.50% Percentage collected of total levy 99.82% 99.84% 99.81% 99.81%

Delinquent taxes: Total outstanding balance 8,885 8,220 10,556 11,179 Percentage of total levy outstanding 0.18% 0.16% 0.19% 0.19%

Notes:

(1) The tax levy reflects the certified and uncertified property values of each fiscal year as of September 30, 2021.

(2) Negative tax collections in subsequent years reflect refunds due to losses in property tax hearings.

Table IX

Fiscal Year 2016 2017 2018 2019 2020 2021

6,242,079 $ 6,586,489$ 7,009,948$ 7,386,463$ 8,341,442$ 9,102,329 $ 40,893 (19,473) (44,357) (19,556) (34,414) (137,014) 6,282,972 6,567,016 6,965,591 7,366,907 8,307,028 8,965,315

6,213,465 6,493,885 6,881,333 7,282,464 8,181,665 8,839,461 55,957 55,808 62,462 54,199 55,604 6,269,422 $ 6,549,693$ 6,943,795$ 7,336,663$ 8,237,269$ 8,839,461 $

98.89% 98.89% 98.79% 98.85% 98.49% 98.60% 99.78% 99.74% 99.69% 99.59% 99.16% 98.60%

13,550 17,323 21,796 30,244 69,759 125,854 0.22% 0.26% 0.31% 0.41% 0.84% 1.40%