|
TABLE 3
<br />PRINCIPAL TAXPAYERS 2011
<br />% of Total 2011
<br />2011 Net Taxable
<br />Assessed
<br />Name
<br />Type of Property
<br />Assessed Valuation
<br />Valuation
<br />Lamar Power Partners LP
<br />Electric Utility
<br />$ 199,223,960
<br />14.66%
<br />Kimberly Clark Corporation
<br />Disposable Diaper Manufacturing
<br />104,568,245
<br />7.70
<br />Campbell Soup
<br />Food Manufacturing
<br />37,797,291
<br />2.78
<br />Campbell Soup
<br />Warehouse
<br />35,315,400
<br />2.60
<br />Essent PRMC LP
<br />Health Care Services / Hospital
<br />30,955,371
<br />2.28
<br />Paris Generation LP
<br />Utility
<br />23,702,000
<br />1.74
<br />ONCOR Electric Delivery Company
<br />Electric Utility
<br />19,316,640
<br />1.42
<br />Silgan Can Company
<br />Can Manufacturing
<br />15,213,190
<br />1.12
<br />Essent PRMC LP
<br />Health Care Services / Clinic
<br />13,245,390
<br />0.97
<br />Kimberly Clark Corporation
<br />Warehouse
<br />12,100,240
<br />0.89
<br />Total
<br />$ 491.43.727
<br />36.16
<br />Based on a 2011 Freeze Adjusted Net Taxable Assessed Valuation of
<br />$ 1,358,986,473
<br />Source: Lamar Counly Appraisal Di trict
<br />PROPERTY TAX RATES AND COLLECTIONS t.l TABLE 4
<br />Tax
<br />Net Taxable
<br />Tax
<br />Tax
<br />% Collections
<br />Year
<br />Year
<br />Assessed Valuationo)
<br />Rate
<br />Levy
<br />Current
<br />Total
<br />Ended
<br />2002
<br />1,050,874,296
<br />0.69500
<br />7,303,340
<br />95.89%
<br />97.31%
<br />9-30-03
<br />2003
<br />1,074,746,887
<br />0.69500
<br />7,470,691
<br />96.12%
<br />97.40%
<br />9-30-04
<br />2004
<br />1,121,338,793
<br />0.69225
<br />7,762,498
<br />95.62%
<br />97.00%
<br />9-30-05
<br />2005
<br />1,107,979,488
<br />0.69225
<br />7,670,001
<br />95.34%
<br />96.36%
<br />9-30-06
<br />2006
<br />1,339,952,274
<br />0.59225
<br />7,935,867
<br />96.82%
<br />97.53%
<br />9-30-07
<br />2007
<br />1,419,106,196
<br />0.56000
<br />7,952,325
<br />96.78%
<br />96.78%
<br />9-30-08
<br />2008
<br />1,507,138,018
<br />0.52000
<br />7,837,300
<br />96.71%
<br />97.25%
<br />9-30-09
<br />2009
<br />1,405,294,035
<br />0.52000
<br />7,797,457
<br />97.78%
<br />97.78%
<br />9-30-10
<br />2010
<br />1,380,460,473
<br />0.52000
<br />7,590,855
<br />97.65% t0
<br />97.65%
<br />9-30-11
<br />2011
<br />1,358,986,473
<br />0.52000
<br />7,551,650
<br />71.69% td>
<br />71.69%
<br />9-30-12
<br />Note: Although "Total" tax collection percentages in this table include delinquent tax collections, they are allocated to the year they were
<br />originally levied instead of the year in which they were collected
<br />See "AD VALOREM TAX PROCEDURES" and "CITY APPLICATION OF THE PROPERTY TAX CODE" in the OfcialSmtement fora description of
<br />the Issuer's taxation procedures.
<br />rnl Certified Values may change during the tax year due to various supplements and protests, and valuations reported on a different dale may not match
<br />those shown on this table. Net Taxable Assessed Valuations for tax years 1999 through 1007 are as shown in the City's 2008 Comprehensive Annual
<br />Financial Report.
<br />u 2010 Tax Year figures are as ofSeptember 30, 2011 (Audited).
<br />rdl Current 1011 Tax Year figures are as ofFebniary, 1, 2012.
<br />Source: The Lamar County Appraisal District and the City's 2010 Comprehensive Annual Financial Report.
<br />TAX RATE DISTRIBUTION TABLE 5
<br />2011-12 2010-11 2009-10
<br />200849
<br />2007-08 2006-07
<br />2005-06 2004-05 2003-04
<br />General Fund $ 0.41000 $ 0.41713 $0.42439
<br />$0.43113
<br />$0.46526 $0.49294
<br />$0.56650 $0.57977 $0.57289
<br />I & S Fund 0.11000 0.10287 0.09561
<br />0.08887
<br />0.09474 0.09931
<br />0.12575 0.11248 0.12211
<br />Total L0.52000 $0.52000 11=
<br />. 0 000
<br />$Q.= $0 ~2225
<br />+lal
<br />Sources: Texas Municipal Report published by the Municipal Advisory Council of Texas and the Lamar County Appraisal District.
<br />106
<br />
|