APPENDIX 6:
Water District Tax Rate Rollback Worksheet
Maintenance and Operations (M&O) Rate:
| 1. | 2008 average appraised value of residence homestead. $______________ | |
|---|---|---|
| 2. |
2008 general exemptions available for the average homestead (excluding senior citizen's or disabled person's exemptions). - $______________ |
|
| 3. | 2008 average taxable value of residence homestead (Line 1 minus Line 2). $______________ | |
| 4. | 2008 adopted M&O tax rate (per $100 of value). $_________/$100 | |
| 5. |
2008 M&O tax on average residence homestead (multiply Line 3 by Line 4, divide by $100). $______________ |
|
| 6. | Percentage increase to the M&O taxes. x 8 % | |
| 7. |
Highest M&O tax on average residence homestead with increase (multiply Line 5 by 1.08). |
$ |
| 8. | 2009 average appraised value of residence homestead. $______________ | |
| 9. |
2009 general exemptions available for the average homestead (excluding senior citizen's or disabled person's exemptions). - $______________ |
|
| 10. |
2009 average taxable value of residence homestead (Line 8 minus Line 9). $______________ |
|
| 11. |
Highest 2009 M&O Tax Rate
(Line 7 divided by Line 10, multiply by $100). |
$ /$100 |
| 12. | 2009 Debt Tax Rate. | $ /$100 |
| 13. | 2009 Contract Tax Rate. | $ /$100 |
| 14. | 2009 Rollback Tax Rate (add Lines 11, 12 and 13). | $ /$100 |
This is the highest rate that the water district may adopt without triggering the rollback provisions in Water Code Section 49.236.
The Comptroller's office provides this sample worksheet as a service to water districts.