Page 66 - Approved Annual Budget FY 2019-2020_Flat
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CITY OF McALLEN, TEXAS
                                                     Ad Valorem Tax
                                     Legal Debt Limit vs Current Debt Service Requirements

















                                          LEGAL DEBT LIMIT



           Taxable Assessed Values plus Properties Under Protest of Non-Freeze Properties for FY 2019-2020  $       10,303,236,362

           Maximum Ad Valorem Tax Rate per $100                                                         2.50


           Total Maximum Ad Valorem Tax Levy                                               $            257,580,909





                                              YEAR LEVY

           Certified Taxable Value                                                         $       10,303,236,362


           Taxable Assessed Values of Freezed Property  for FY 2019-2020                                (838,060,616)

           Taxable Assessed Values for FY 2019-2020                                                   9,465,175,746


           Properties Under Protest for FY 2019-2020                                               65,443,210

           Taxable Assessed Values (Including Properties Under Protest) for FY 2019-2020              9,530,618,956

           FY 2019-20 Ad Valorem Tax Rate per $100                                                    0.4957



           Ad Valorem Tax Levy                                                                    47,243,278
           Ad Valorem Tax Levy on Freezed Properties                                                4,154,266

           Total FY 2019-2020 Ad Valorem Tax Levy                                          $              51,397,545
















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