Post on 07-Mar-2020
Travis Central
Appraisal District Comprehensive Annual Financial Report
Year Ended December 31, 2015
Travis County, Texas
Finance Department
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Strategic Goals
1. Develop appraisals that
reflect market value and
ensure fairness and
uniformity
2. Be efficient in business
processes and ensure
that mission critical
tasks are completed in a
timely manner with a
high level of accuracy
3. Collect, create and
maintain accurate data
4. Ensure that the district
maintains a highly
educated, motivated and
skilled workforce
5. Provide customer
service that is
courteous, professional
and accurate
Travis Central
Appraisal District
The activities of the Travis Central Appraisal District are
governed by the legislature, and the administrative rules
adopted by the Comptroller’s Property Tax Assistance
Division.
Our Mission
The mission of the Travis Central Appraisal District is to provide
accurate appraisal of all property in Travis County at one
hundred percent market value, equally and uniformly, in a
professional, ethical, economical and courteous manner, working
to ensure that each taxpayer pays only their fair share of the
property tax burden.
Our Vision
The Travis Central Appraisal District will act in accordance with
the highest principals of professional conduct, ethics,
accountability, efficiency, openness, skill and integrity. We
approach our activities with a deep sense of purpose and
responsibility.
Our Values
Appraise- fairly, efficiently, and effectively, balancing the needs of
both taxpayers and the taxing units by adhering to the Texas
Property Tax Code, USPAP, and generally accepted appraisal
standards.
Educate- taxpayers of their rights, remedies and responsibilities.
Communicate- collaboratively with and encourage communication
among the taxing units, taxpayer public, and the agency.
Service- provide exceptional customer service that is accessible,
responsible and transparent.
Performance- demand integrity, accountability and high standards
from all staff and strive continuously for excellence and efficiency.
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Travis Central Appraisal District Comprehensive Annual Financial Report
Year Ended December 31, 2015
Board of Directors
Mr. Richard Lavine, Chair
Austin ISD
Mr. Ed Keller, Secretary
Austin ISD
Ms. Shelda D. Grant
Travis County
Ms. Eleanor Powell
City of Austin
Ms. Blanca Zamora-Garcia
City of Austin
Mr. Kristoffer S. Lands, Vice Chair
City of Austin/Austin ISD
Mr. Tom Buckle
West Travis County
Mr. Denny Hamill
Travis County
Mr. Rico Reyes
East Travis County
Mr. Bruce Elfant
Travis County Tax Assessor/Collector
Ms. Marya Crigler
Chief Appraiser
Prepared by the TCAD Finance Department
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TABLE OF CONTENTS INTRODUCTORY SECTION:
Transmittal Letter ………………………………………………………………………… Organizational Chart …………………………………………………………………….. Key District Personnel …………………………………………………………………… Certificate of Achievement for Excellence in Financial Reporting …………………..
FINANCIAL SECTION:
Independent Auditor’s Report …………………………………………………………... Management’s Discussion and Analysis ………………………………………………. Government-wide Financial Statements
Statement of Net Position ………………………………………………………….. Statement of Activities ………………………………………………………………
Fund Financial Statements
Governmental Fund Balance Sheet ………………………………………………. Reconciliation of the Governmental Fund Balance Sheet to the Statement of
Net Position ……………………………………………………………………... Governmental Fund Statement of Revenues, Expenditures and Changes in
Fund Balance …………………………………………………………………… Reconciliation of the Statement of Revenue, Expenditures and Changes in
Fund Balance to the Statement of Activities ………………………………… Notes to the Basic Financial Statements ……………………………………………… Required Supplementary Information
General Fund- Budgetary Comparison Schedule ………………………………..
Schedule of Changes in Net Pension Liability and Related Ratios …………….
Schedule of Employer Contributions ……………………………………………….
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Notes to the Required Supplementary Information ……………………………… Statistical Section:
Financial Trends
Net Position by Component Last Ten Fiscal Years ……………………………... Changes in Net Position Last Ten Fiscal Years …………………………………. Fund Balance- Governmental Fund Last Ten Fiscal Years …………………..... Changes in Fund Balance- Governmental Fund Last Ten Fiscal Years ……… Assessments to Taxing Entities Last Ten Fiscal Years ………………………… Assessments Collected from Taxing Entities Last Ten Fiscal Years …………..
Taxing Entity Trends
Property Tax Levies by Taxing Entity Last Ten Fiscal Years …………………... Tax Rates by Taxing Entity Last Ten Fiscal Years ……………………………… Appraised Value by Taxing Entity Last Ten Fiscal Years ……………………….
Demographic & Economic Information
Demographic and Economic Statistics Last Ten Fiscal Years …………………. Principal Employers for 2006 & 2015 ……………………………………………... Principal Property Taxpayers for 2006 & 2015 …………………………………...
Operating Information
Budgeted Full-time Equivalent Appraisal District Employees by Function/Program Last Ten Fiscal Years …………………………………….
Actual Full-time Equivalent Appraisal District Employees by Function/Program
Last Ten Fiscal Years ………………………………….................................. Operating Indicators by Function/Program Last Ten Fiscal Years ……………..
Debt Information
Outstanding Debt by Type Last Ten Fiscal Years ……………………………….
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66
68
70 72
74
82
84
92
100
109
110
112
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Introductory Section
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TRAVIS CENTRAL APPRAISAL DISTRICT
BOARD OFFICERS RICHARD LAVINE CHAIRPERSON KRISTOFFER S. LANDS VICE CHAIRPERSON ED KELLER SECRETARY/TREASURER
MARYA CRIGLER
CHIEF APPRAISER
BOARD MEMBERS TOM BUCKLE
SHELLDA D. GRANT DENNY HAMILL
BRUCE ELFANT ELEANOR POWELL
RICO REYES BLANCA ZAMORA-GARCIA
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May 9, 2016
Travis County Taxpayers, Travis CAD Board of Directors, and Ms. Marya Crigler, Chief Appraiser, Travis Central Appraisal District: I am pleased to present the Comprehensive Annual Financial Report (CAFR) of the Travis Central Appraisal District (the District) for the fiscal year ended December 31, 2015. Responsibility for both the accuracy of the data and the completeness and fairness of presentation, including all disclosures, rests with the District. To the best of my knowledge and belief, the enclosed data is accurate in all material respects and is reported in a manner designed to fairly present the financial position and results of operations of the District. All disclosures necessary to enable the reader to gain an understanding of the District’s financial activities have been included. The District’s financial statements have been audited by Weaver and Tidwell, LLP, a firm of certified public accountants. The independent auditor concluded, based upon the audit, that there was a reasonable basis for rendering an unmodified opinion (“clean”), and that the District’s financial statements for the fiscal year ended December 31, 2015 are fairly presented in conformity with generally accepted accounting principles (GAAP). The independent auditors’ report is presented as the first component of the financial section of this report. Based on financial accountability criteria set forth under generally accepted accounting principles (GAAP) for state and local governments, there are no entities which are potential component units of the District.
THE ANNUAL FINANCIAL REPORT
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There are three main parts to the property tax system in Texas: An appraisal district in each county sets the value of property each year. A chief appraiser is the chief
administrator and operates the appraisal office. A citizen board, called the Appraisal Review Board (ARB), hears any disagreements between a
property owner and the appraisal district about a property’s value. Local taxing units—city, county, school and special districts—decide how much money they will spend
by adopting a budget. Next, the taxing units set tax rates that will raise the revenue necessary to fund their budgets. The adopted budgets and the tax rates set to fund the budgets determine the total amount of taxes that a person will pay.
The property tax year has four stages: appraising taxable property, protesting the appraised values, adopting the tax rates and collecting the taxes. The following represents a summary of the process.
1. A large part of each appraisal district's job is to estimate what your property is worth on January 1. What a property is used for on January 1, market conditions at that time and who owns the property on that date determine whether the property is taxed, its value and who is responsible for paying the tax. The appraisal district also processes applications for tax exemptions, agricultural appraisals and other tax relief.
2. Around May 15, the appraisal review board begins hearing protests from property owners who believe their property values are incorrect or who did not get correct exemptions or agricultural appraisals. When the ARB finishes its work, the appraisal district gives each taxing unit a list of taxable property.
3. In August or September, the elected officials of each taxing unit adopt tax rates for their operations and debt payments. Several taxing units tax each property. Every property is taxed by the county and the local school district. You also may pay taxes to a city and to special districts such as hospital, junior college, water, fire and others.
4. Tax collection starts around October 1 as tax bills go out. Taxpayers have until January 31 of the following year to pay their taxes. On February 1, penalty and interest charges begin accumulating on most unpaid tax bills. Tax collectors may start legal action to collect unpaid taxes on February 1.
The Travis Central Appraisal District was created under the 66th Texas State Legislature in 1979 under the provisions of Senate Bill 621 known as the Property Tax Code. The District is responsible for the appraisal of property subject to ad valorem taxation in Travis County, Texas. The District is governed by a board of nine
HOW DOES THE PROPERTY TAX SYSTEM WORK?
TRAVIS CENTRAL APPRAISAL DISTRICT
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directors serving two year terms, plus a tenth statutorily designated non-voting member who is the County Tax Assessor-Collector. Travis County appoints two board members, Austin ISD appoints two board members, City of Austin appoints two board members, and Austin ISD and City of Austin appoint one board member together. The remaining two board members are appointed by a vote of the eastern and western taxing entities within Travis County.
The District was formed in 1981 and formally began operations in 1982, pursuing its mission to provide accurate appraisal of all property in Travis County at one hundred percent of market value, equally and uniformly, in a professional, ethical, economical and courteous manner, working to ensure that each taxpayer pays only their fair share of the property tax burden. As stipulated under the Texas Property Tax Code, the District serves the citizens and taxpayers of Travis County and the taxing entities which lie within Travis County. Travis County is located in south central Texas astride the Balcones Fault, the boundary between the Edwards Plateau to the west and the Blackland Prairies to the east. Its county seat, Austin, is the capital of Texas. Travis County’s population, as of the 2010 census was 1,033,553 and continues to grow rapidly every year. Since the previous census in 2000, the population of Travis County has grown 26.1%.
January 1 Appraisal districts are required to appraise property at its value on this date. A lien attaches to
each taxable property to ensure property tax payment.
January 1 – April 30 Appraisal districts complete appraisals and process applications for exemptions.
January 31 Taxes due to local taxing units (or county tax assessor, if acting on their behalf).
February 1 Local taxing units begin charging penalty and interest for unpaid tax bills.
April – May Appraisal districts send notices of appraised value.
May 1 Appraisal review boards begin hearing protests from property owners.
July 25 Appraisal districts certify current appraised values to taxing units.
August – September Local taxing units adopt tax rates.
October 1 Local taxing units begin sending tax bills to property owners.
THE PROPERTY TAX CALENDAR
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Each Texas county is served by an appraisal district that determines the value of all of the county’s taxable property. Generally, a local government that collects property taxes, such as a county, city and school district, is a member of the appraisal district. A board of directors appointed by the member governments presides over the appraisal district.
The appraisal district is considered a political subdivision and must follow applicable laws such as Open Meetings and Public Information Acts. Meetings are generally open to the public and information generated by the appraisal district is, in most cases, also available to the public. The appraisal district board of directors hires a chief appraiser, approves contracts and sets policies. The chief appraiser is the chief administrator of the appraisal district. The chief appraiser may employ and compensate professional, clerical and other personnel as provided by the appraisal district budget. The chief appraiser’s primary duty is to discover, list, review and appraise all taxable property in the appraisal district using generally accepted appraisal techniques.
Accounting Basis The District reports its financial activities as a special-purpose government. Special-purpose governments are governmental entities which engage in a single government program. Like most governments, special-purpose governments present two types of financial statements: (1) government-wide financial statements and (2) fund financial statements. The government-wide financial statements report information on all of the activities of the District. Governmental activities generally are financed through charges for services and intergovernmental revenues. The statement of activities reflects the revenues and expenses of the District. The government-wide statements are reported using the economic resources measurement focus and the accrual basis of accounting. The economic resources measurement focus means all assets and liabilities (whether current or non-current) are included on the statement of net position and the operating statements present increases (revenues) and decreases (expenses) in total net position. Under the accrual basis of accounting, revenues are recognized when earned and expenses are recognized at the time the liability is incurred. The fund financial statements provide information about the District’s governmental funds. The emphasis of fund financial statements is directed to specific activities of the District. The District reports the general fund as its only major governmental fund. It is the District’s primary operating fund. This fund is used to account for the acquisition and use of the District’s expendable financial resources and the related liabilities. The measurement focus is based on the determination of changes in financial position rather than upon net income determination. Governmental fund financial statements are reported using the current financial resources measurement focus and are accounted for using the modified accrual basis of accounting. Under the modified
THE ROLE OF THE APPRAISAL DISTRICT
ACCOUNTING BASIS AND CONTROLS
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accrual basis of accounting, revenues are recognized when susceptible to accrual; i.e., when they become both measurable and available and expenditures are recorded when the related fund liability is incurred. Internal Controls To provide a reasonable basis for making its representations, the District’s management team has established a comprehensive internal control framework. This framework is designed to provide reasonable assurance that assets are safeguarded against loss from unauthorized use or disposition, and that accounting transactions are executed in accordance with management’s authorization and properly recorded so that the financial statements can be prepared in conformity with generally accepted accounting principles (GAAP). The objective of the internal control framework is to provide reasonable, rather than absolute, assurance that the financial statements are free of any material misstatements. The concept of reasonable assurance recognizes that: (1) the cost of a control should not exceed the benefits likely to be derived; and (2) the evaluation of costs and benefits requires estimates and judgments by management. The design and operation of internal controls also ensures that all funds are expended in compliance with applicable laws and regulations. All internal control evaluations occur within the above framework. During the fiscal year ended December 31, 2015, the District reviewed its internal controls. I believe that the District’s internal controls adequately safeguard assets and provide reasonable assurance of proper recording of financial transactions.
The Management’s Discussion and Analysis (MD&A) provides financial highlights and interprets the financial reports by analyzing trends and by explaining changes, fluctuations and variances in the financial data. The MD&A is also intended to disclose any known significant events or decisions that affect the financial condition of the District. The MD&A complements, and should be read in conjunction with, this letter of transmittal.
This Comprehensive Annual Financial Report is presented according to the reporting model established by GASB Statement No. 34 and related statements. The report is divided into three sections:
1. Introductory Section- This section includes the letter of transmittal, organizational chart, and list of principal officials.
2. Financial Section- The financial sections includes the Independent Auditor’s Report, Management’s
Discussion and Analysis, the Basic Financial Statements, and Required Supplementary Information.
a. Basic Financial Statements- This section includes government-wide and fund financial statements as well as the notes to the financial statements. The notes are considered essential to the fair presentation and adequate disclosure for this financial report. They include the Summary of Significant Accounting Policies for the District and other necessary
MANAGEMENT’S DISCUSSION & ANALYSIS
FINANCIAL STATEMENT FORMAT
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disclosures of importance relating to the financial position of the District. The notes are treated as an integral part of the financial statements and should be read in conjunction with them.
b. Required Supplementary Information (“RSI”) - This section includes the budgetary schedule for the fiscal year ended December 31, 2015 and the accompanying notes, schedule of changes in net pension liability and related ratios for the last ten fiscal years, and the schedule of employer contributions for the last ten fiscal years.
3. Statistical Section- Although this section contains substantial financial information, these schedules
differ from financial statements in that they present some non-accounting data, cover more than the current fiscal year, and are designed to reflect demographic and economic data, operating information, financial trends, and the fiscal capacity of the District.
The Austin region continues to thrive as it enters its seventh year of positive trends in its real estate and overall economy. The decade ending in 2010 saw a 37% increase in population and, in the summer of 2015, the Austin metro population surpassed 2 million. As of October 2015, the population was 2,020,452 and the Urban Institute predicts it could grow up to 3.2 million by 2030. With a 3% population increase, Austin-Round Rock was the fastest growing metro area in the state and the seventh fastest in the nation. The area added 57,395 new residents- about 157 people per day. The Austin-San Antonio region, especially along the I-35 corridor, is posed to becoming the next Dallas-Fort Worth metroplex in terms of population growth.
Population Growth 2004-2014
Source: US Bureau of the Census, Population Estimates
FACTORS AFFECTING FINANCIAL CONDITION
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According to revised data released by the Texas Workforce Commission in March 2016, the Austin metro added 44,500 jobs in 2015, a 4.7% increase. Central Texas payrolls expanded faster in 2015 than in the prior two years. The Federal Reserve Bank of Dallas put Austin’s seasonally adjusted jobless rate in December 2015 at 3.3% compared to the statewide December average of 4.6% and national average of 5.0%. With several large firms hiring, like Apple, or getting ready for large expansions, like Oracle, Austin’s employment numbers are expected to remain strong and stay insulated from the state’s depressed energy sector.
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Austin has consistently ranked among the top 50 best performing metro areas.
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Across all commercial portfolios, we continue to see declining vacancy rates and increasing rent rates.
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The supply of housing continues to lag behind strong demand, which is being fueled by the region’s job and
population growth. 2015 marks the third consecutive year that housing supply remained in the 2.0 month
range, well below 6 months which is considered a stabilized market. Supply shortage in close-in
neighborhoods is causing a frenzy of bidding wars with five to nine offers common for some listings.
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According to the Austin Board of Realtors, 2015 set all-time highs for Austin-area home sales volume and
prices. The total dollar volume increased 13% to $9.7 billion.
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Property taxes are taxes that are assessed locally, collected locally, and used locally. You pay your property taxes to the local tax collector. The tax collector distributes the funds to schools, cities and other local governments. Local governments spend the funds on schools, roads, hospitals, police departments, fire departments and other programs.
PROPERTY TAXES AT WORK
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City 16.14%
Emergency District 1.17%
County 17.33%
Hospital District 4.90%
Junior College 3.69%
Municipal Utility 1.29%
Road District 0.03%
School District 54.74%
Water Control Improvement
0.70%
In Travis County property taxes support 119 local government agencies including 21 cities, 14 emergency service districts, the county, the hospital district, the junior college, 48 municipal utility districts, 1 road district, 15 school districts, and 17 water control improvement districts. For 2015, the projected tax levy for all taxing units in Travis County is $3,300,883,208.
DISTRIBUTION OF PROPERTY TAXES
Local taxing units pay the District’s expenses according to their
share of the total property tax levy of all the taxing units in the
District. Each taxing unit participating in the District is allocated a
portion of the budget equal to the proportion that the total dollar
amount of property taxes imposed in the District by the unit for the
tax year in which the budget proposal is prepared bears to the sum
of the total dollar amount of property taxes imposed in the District by each participating unit for that year.
APPRAISAL DISTRICT FINANCES
City 16.14% Emergency
District 1.17%
County 17.33%
Hospital District 4.90%
Junior College 3.69%
Municipal Utility 1.29%
Road District 0.03%
School District 54.74%
Water Control Improvement
0.70%
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1. Develop appraisals that reflect market value and ensure fairness and uniformity.
2. Be efficient in business processes and ensure that mission critical tasks are completed in a timely manner with a high level of accuracy.
3. Collect, create and maintain accurate data.
4. Ensure that the district maintains a highly educated, motivated and skilled workforce.
5. Provide customer service that is courteous, professional and accurate.
The Government Finance Officers Association of the United States and Canada (GFOA) awarded a Certificate of Achievement for Excellence in Financial Reporting to the Travis Central Appraisal District for its comprehensive annual financial report (CAFR) for the fiscal year ended December 31, 2014. This was the fourth consecutive year that the District has achieved this prestigious award. In order to be awarded a Certificate of Achievement, a government must publish an easily readable and efficiently organized comprehensive annual financial report. This report must satisfy both generally accepted accounting principles and applicable legal requirements.
A certificate of Achievement is valid for a period of one year only. We believe that our current comprehensive annual financial report continues to meet the Certificate of Achievement Program’s requirements and we are submitting it to the GFOA to determine its eligibility for another certificate.
AWARDS AND ACKNOWLEDGMENTS
DISTRICT GOALS AND OBJECTIVES
35%
19% 16%
5%
5%
5%
4% 4% 4% 3%
Top 10 Contributing Taxing Units AUSTIN ISD
TRAVIS COUNTY
CITY OF AUSTIN
TRAVIS COUNTY HEALTHCARE DISTRICT
EANES ISD
PFLUGERVILLE ISD
LAKE TRAVIS ISD
AUSTIN COMM COLL DIST
LEANDER ISD
ROUND ROCK ISD
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The Government Finance Officers Association of the United States and Canada (GFOA) presented a Distinguished Budget Presentation Award to the Travis Central Appraisal District, Texas for its annual budget for the fiscal year beginning January 1, 2016. This was the fourth consecutive year that the District achieved this prestigious award. In order to receive this award, a governmental unit must publish a budget document that meets program criteria as a policy document, as an operations guide, as a financial plan, and as a communications device. This award is valid for a period of one year only.
The independent auditor’s report is included in the financial section of this Comprehensive Annual Financial Report (CAFR). The firm Weaver and Tidwell, LLP was selected by the District’s Board of Directors to perform the fiscal year 2015 financial audit.
Respectfully submitted,
Leana H. Mann Finance & Facilities Director Travis Central Appraisal District
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TRAVIS CENTRAL APPRAISAL DISTRICT
Organizational Chart December 31, 2015
Sharon Baxter
Sr. Litigation Attorney
Paul Snyder
Deputy Chief of Appraisal
Judi Beckham
Customer Service Director
Marya Crigler
Chief Appraiser
Paula Fugate
Human Resource Director
Scott Griscom
Information Systems
Director
Leana Hengst Mann
Finance and Facilities
Director
Board of DirectorsHenry Johnson
Taxpayer Liaison
Michael Kasper
Director Residential
Adrienne Albers
Appraisal Support
Lonnie Hendry
Director Commercial
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TRAVIS CENTRAL APPRAISAL DISTRICT
Key District Personnel December 31, 2015
Chief Appraiser Marya Crigler Deputy Chief of Appraisal Paul Snyder
Director of Residential Appraisal Michael Kasper Director of Commercial and Personal Property Appraisal Lonnie Hendry
Director of Customer Service Judi Beckham Director of Appraisal Support Adrienne Albers Director of Information Technology (IT) Scott Griscom
Human Resources Director Paula Fugate Finance & Facilities Director Leana Mann
Senior Litigation Attorney Sharon Baxter
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Financial Section
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TRAVIS CENTRAL APPRAISAL DISTRICT
MANAGEMENT’S DISCUSSION AND ANALYSIS YEAR ENDED DECEMBER 31, 2015
(UNAUDITED)
As management of the Travis Central Appraisal District (the District), we offer the readers of the District’s
financial statements this overview and analysis of the financial activities for the fiscal year ended December
31, 2015. This discussion and analysis should be read in conjunction with the accompanying letter of
transmittal, the basic financial statements, and the notes to those financial statements. For more detailed
information on any of the topics contained in this discussion and analysis, please refer to the Notes to the
Basic Financial Statements presented in the latter part of the financial section of this comprehensive annual
financial report.
FINANCIAL HIGHLIGHTS
Governmental Activities- The District’s assets and deferred outflows of resources exceeded its
liabilities and deferred inflows of resources by $10,831,380 at the end of fiscal year 2015. Net
position consisted of investment in capital assets in the amount of $3,890,995 (35.9%) and
unrestricted net position in the amount of $6,940,385 (64.1%). The result of current fiscal year
operations caused total net position to increase by $4,202,842 from the prior fiscal year. Due to
the implementation of GASB 68, the District had a restatement to the beginning net position.
Governmental Fund- As of December 31, 2015, the District’s governmental fund showed an
ending fund balance of $6,141,693, an increase of $2,644,940 from the prior fiscal year. Of the
total ending fund balance, $1,478,066 (24.1%) was available for funding future operational needs
(unassigned fund balance), $1,243,778 (20.2%) was nonspendable, in the form of prepaid items,
and $3,419,849 (55.7%) was committed to future needs in the form of reserves.
Reserves for future purchases in a committed form $ 3,419,849
Prepaid items in a nonspendable form 1,243,778
Unassigned and available for future spending 1,478,066
Fund Balance of the General Fund as of December 31, 2015 $ 6,141,693
Total revenues exceeded total expenditures by $2,642,940, with expenditures for the year totaling
$14,605,918. Of that, $10,735,612 (73.5%) were payroll related expenditures. A total of
$17,248,858 of revenues were realized.
OVERVIEW OF THE FINANCIAL STATEMENTS
This discussion and analysis is intended to serve as an introduction to the District’s basic financial
statements. The basic financial statements are comprised of the following three components: (1)
government-wide financial statements, (2) fund financial statements and (3) notes to the basic financial
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statements. This financial report also contains other supplementary information in addition to the basic
financial statements.
Government-wide Financial Statements: The government-wide financial statements are designed to
provide readers with a broad overview of the District’s finances, in a manner similar to a private-sector
business. These statements provide information, both long-term and short-term, about the District’s overall
financial condition. The government-wide financial statements can be found on page 22-23 of this report.
Statement of Net Position- The statement of net position reports all of the District’s assets and
deferred outflows of resources and liabilities and deferred inflows of resources, both current and
noncurrent, with the difference between the two reported as net position. Net position is one way
to measure the District’s financial health. Over time, increases or decreases in the District’s net
position may serve as an indicator of whether its financial health is improving or deteriorating,
respectively. In the statement of net position, the assets, liabilities and net position are separately
displayed for governmental activities and business-type activities. Activities of the District as a
whole include only governmental activities. The District has no business-type activities or
component units.
Statement of Activities- The statement of activities presents information showing how the
District’s net position changed during the fiscal year. All changes in net position are reported as
soon as the underlying event giving rise to the change occurs, regardless of the timing of related
cash flows. Thus, revenues and expenses are reported in this statement for some items that will
only result in cash flows in future fiscal periods (e.g., uncollected assessments and earned but
unused compensated absences).
Fund Financial Statements: The fund financial statements provide more detailed information about the
District’s most significant funds, not the District as a whole. Like many other local and state governments,
the District utilizes fund accounting. A fund is a grouping of related accounts that is used to maintain
control over resources that have been segregated for specific activities or objectives. The District uses
fund accounting to ensure and demonstrate compliance with finance-related legal requirements.
There are three types of funds that government entities utilize, depending on their specific needs and
requirements: (1) governmental funds, (2) proprietary funds and (3) fiduciary funds. The fund financial
statements can be found on page 26-29 of this report.
Governmental Funds: Governmental funds are used to account for essentially the same functions
reported as governmental activities in the government-wide financial statements. However, unlike
the government-wide financial statements, governmental fund financial statements focus on near-
term inflows and outflows or spendable resources, as well as on balances of spendable resources
available at the end of the fiscal year. Such information may be useful in evaluating a
government’s near-term financing requirements. Because the focus of government funds is
narrower than that of the government-wide financial statements, it is useful to compare the
information presented for governmental funds with similar information presented for governmental
activities in the government-wide financial statements. By doing so, readers may better
understand the long-term impact of the District’s near-term financial decisions. Both the
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governmental funds balance sheet and the government funds statement of revenues, expenditures
and changes in fund balance provide reconciliations to facilitate this comparison. A fund column is
presented for the District’s one major fund, the general fund, which is a governmental fund. The
District had no other governmental funds during fiscal year 2015.
Proprietary Funds: Proprietary funds are used to account for a government’s ongoing
organizational activities that are similar to those often found in the private sector. The District had
no proprietary funds during fiscal year 2015.
Fiduciary Funds: Fiduciary funds are used to account for resources held for the benefit of parties
outside the government. Fiduciary funds are not reflected in the government-wide financial
statements because the resources of those funds are not available to support a government’s own
programs. The District had no fiduciary funds during fiscal year 2015.
The Figure 1 below summarizes the major features of the District’s financial statements.
Figure 1
Major Features of Government-wide and Fund Financial Statements
Government-wide Statements
Governmental Funds Financial Statements
Scope Entire District government (except fiduciary funds) and any component units.
The activities of the District that are not proprietary or fiduciary in nature.
Required Financial Statements
Statement of Net Position Balance Sheet
Statement of Activities Statement of Revenues, Expenditures and Changes in Fund Balance
Accounting Basis Accrual basis of accounting Modified accrual basis of accounting Measurement Focus Economic resources measurement
focus Current financial resources
measurement focus
Types of asset/liability information
All assets and liabilities, both financial and capital and both short-term and long-term
Only assets expected to be used up and liabilities that come due during the fiscal year or soon thereafter; no capital assets included
Types of inflow/outflow information
All revenues and expenses during the year, regardless of when cash is received or paid
Revenues for which cash is received during or soon after the end of the year; expenditures when goods or services have been received and payment is due during the current fiscal year or sooner.
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Notes to the Basic Financial Statements: The notes provide additional information that is essential to a
full understanding of the data provided in the government-wide and fund financial statements. The notes to
the basic financial statements can be found on page 32-54 of this report.
Supplementary Schedules: The budgetary comparison schedule is presented as part of the Required
Supplementary Information (RSI). The schedule of changes in net pension liability and related ratios for the
last ten fiscal years and the schedule of employer contributions for the last ten fiscal years are also
presented as part of the Required Supplementary Information (RSI). These schedule and the
accompanying notes to the supplementary schedules can be found on page 56-59 of this report.
GOVERNMENT-WIDE FINANCIAL ANALYSIS
Net Position: As stated previously, net position can be a good indication of the financial health of a
governmental entity. At the end of fiscal year 2015, the District’s assets and deferred outflows of
resources, which totaled $17,571,587, exceeded liabilities and deferred inflows of resources, which totaled
$6,740,207, by $10,831,380. This difference is known as net position. The District’s net position increased
by $1,282,392 from fiscal year 2014 to 2015, an increase of 13.4%.
For fiscal year 2015, 35.9% of net position was invested in capital assets ($3,890,995) and 64.1% of net
position was unrestricted ($6,940,385). Unrestricted net position may be used to meet the District’s
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ongoing financial obligations and responsibilities, whereas net position invested in capital assets are not
liquid and are not as easily converted to cash or cash equivalents.
The District’s current and other assets (cash, investments, receivables from jurisdictions, prepaid and other
assets, etc.) represented 74.1% of total assets ($14,998,234). Current and other assets increased from
2014 to 2015 by 35.6% ($2,915,533). This increase is due to the District’s investment account balance at
the end of the year, which is directly related to the District’s receivables from the taxing jurisdictions. Net
pension benefit represented 0.0% ($0) of total assets. During fiscal year 2015, the District implemented
GASB Statement No. 68, Accounting and Financial Reporting for Pensions- an Amendment of GASB
Statement No. 27 and GASB Statement No. 71, Pension Transition for Contributions Made Subsequent to
the Measurement Date- an Amendment of GASB Statement No. 68. This change in accounting standard
changed how the net pension liability or benefit was calculated by aligning the calculation more closely with
Financial Accounting Standards Board (FASB) standards, the accounting standard that are used in the
private sector. Capital assets (lands, building and equipment) represented 25.9% of total assets
($3,890,995). Capital assets increased from 2014 to 2015 by 0.7% ($27,930).
Net investment in capital
assets 35.9%
Unrestricted 64.1%
Net Position of Governmental Activities at December 31, 2015
Current and other assets
74.1%
Capital assets 25.9%
Assets of Governmental Activities at December 31, 2015
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Current and other liabilities (accounts payable, accrued expenses, unearned revenue and the portion of
compensated absences due within one year) represented 83.0% of total liabilities ($6,556,741). Current
and other liabilities increased by 5.5% ($282,093) from 2014 to 2015. Long-term liabilities (employee leave
obligations and net pension liability) represented 17.0% of total liabilities ($1,115,273). Long-term liabilities
increased from 2014 to 2015 by 435.2% ($906,883). This change was directly related to the implementation
of GASB Statement No. 68, Accounting and Financial Reporting for Pensions- an Amendment of GASB
Statement No. 27 and GASB Statement No. 71, Pension Transition for Contributions Made Subsequent to
the Measurement Date- an Amendment of GASB Statement No. 68. Due to this change in accounting
standards, the District increased their net pension liability by $863,382.
For fiscal year 2015, 35.9% of net position was invested in capital assets ($3,890,995) and 64.1% of net
position was unrestricted ($6,940,385). Unrestricted net position may be used to meet the District’s
ongoing financial obligations and responsibilities, whereas net position invested in capital assets are not
liquid and are not as easily converted to cash or cash equivalents.
Current and other liabilities
75.7%
Noncurrent liabilities
24.3%
Liabilities of Governmental Activities at December 31, 2015
Current and other liabilities
Noncurrent Liabilities
Net investment in capital
assets 35.9%
Unrestricted 64.1%
Net Position of Governmental Activities at December 31, 2015
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Change in Net Position: The District’s net position as of December 31, 2015 increased by 13.4%
($1,282,392).
The District’s total revenue increased from 2014 to 2015 by 20.8% ($2,964,683). This increase was directly
related to the increase in the fiscal year 2015 budget associated with the taxing unit challenge that the
District faced during 2015. The District had to increase the budget to cover necessary expenses required
to defend the property values that the District set. Other revenue sources totaled $127,967, a 0.6%
decrease from the 2014 total of $128,761. In 2015, the District collected less in rendition penalty
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payments. When a rendition is not paid timely, the tax assessor-collector of Travis County assesses a
penalty to the business or individual. When that penalty is paid, the District receives 50% of the penalty.
Total expenses for fiscal year 2015 totaled $13,048,016. Total expenses increased from 2014 to 2015 by
8.4% ($1,015,084). This increase was also directly related to the taxing unit challenge that the District
faced during 2015. The District had to incur necessary expenses required to defend the property values
that the District set.
Appraisal Revenue
99.3%
Charges for services
0.2%
Investment earnings
0.0%
Miscellaneous revenue
0.5%
Other 0.7%
Revenues of Governmental Activities- by Source Fiscal Year 2015
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Payroll and related expenses, (such as salary, Medicare and retirement contributions, health, dental, life
and disability insurance, workers compensation and unemployment insurance) contribute to the majority of
the District’s total expenses (70.6%). These expenses totaled $9,205,640 in 2015. The payroll and related
expenses increased 5.5% ($478,286) from 2014 to 2015.
Payroll and related expenses
70.6%
4.7%
0.1%
1.5%
0.5%
7.6%
1.2%
1.4%
8.4%
4.2%
0.0%
Other expenses 29.4%
Expenses of Governmental Activities- by Source Fiscal Year 2015 Payroll and related
expenses
Data processing
Transportation
Operating supplies
Rentals
Legal and professional
Utilties and telephone
Building and equipmentmaintenance
Other services
Depreciation expense
Debt Service- Interest
70.6%
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FINANCIAL ANALYSIS OF THE DISTRICT’S FUNDS
Governmental Funds: As noted earlier, the District uses fund accounting to ensure and demonstrate
compliance with finance-related legal requirements. The focus of the District’s governmental fund is to
provide information on near-term inflows and outflows and balances of spendable resources. Such
information is useful in assessing the District’s financing requirements. Fund balance, which is the
difference between a fund’s assets and liabilities, is divided into the following five categories:
Nospendable- Not in spendable form, or legally or contractually required to remain intact
Restricted- subject to externally enforceable legal restrictions
Committed- Use is constrained by specific limitations that the Board of Directors imposes
upon itself
Assigned- Intended to be used by the government for specific purposes, as established
by internal management
Unassigned- Residual amounts in the general fund that are available for any purpose
(may serve as a useful measure of a government’s net resources available for funding
future operational needs)
The general fund is the chief operating fund of the District. At the end of fiscal year 2015, the District’s
general fund reported an ending fund balance of $6,141,693, an increase of $2,644,940. $1,243,778,
or 20.3% of the total fund balance was nonspendable in the form of prepaid items. $3,419,849, or
55.7% of the total fund balance was committed in the form of reserves for future expenditures.
$1,478,066, or 24.1% was unassigned and available for future operational needs. Total fund balance
increased by $2,644,940 or 75.6% from fiscal year 2014 to 2015.
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General Fund Budgetary Highlights:
Table A-5 below summarizes the change from the original budget to the final budget, as well as the
variance between the final budget and the actual amounts for fiscal year 2015.
The District’s Board of Director’s approved a 2014 end of year budget amendment which moved excess
funds from the 2014 budget to the 2015 budget, as well as to various reserve accounts. This was approved
at the December 9, 2014 board of directors meeting. The total amount of the budget amendment was
$2,267,062, of which $1,017,062 was allocated to payroll and related expenditures to make a lump sum
contribution to the District’s retirement fund. The remaining amount was allocated to the District’s reserve
accounts.
The District’s Board of Director’s approved one line item transfer during fiscal year 2015. This
transfer did not increase the amount due from any of the taxing jurisdictions; it simply redistributed
the budgeted funds. These transfers were needed to adjust the District’s estimation of what actual
costs would be.
At the end of fiscal year 2015, the District requested $500,000 in surplus funds be transferred to
the fiscal year 2016 budget for additional co-development items with True Automation, the District’s
software engineer. The District also requested the following surplus funds be transferred to the
District’s reserve accounts:
Reserve for Litigation $ 1,169,849
Reserve for Building Repair or Replacement $ 500,000
Reserve for Network Infrastructure $ 250,000
Reserve for IT Computer Equipment $ 50,000
Reserve for Technology Enhancements $ 200,000
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Land 20.7%
Building and improvements
46.7%
Furniture and equipment
32.6%
Capital Assets, Net of Accumulated Depreciation at December 31, 2015
CAPITAL ASSETS AND DEBT ADMINISTRATION
Capital Assets: The District’s investment in capital assets for its governmental activities at the end of fiscal
year 2015 totaled $3,890,995 (net of accumulated depreciation). The investment in capital assets includes
land, building and improvements, and furniture and equipment.
Net capital assets increased from the prior fiscal year by $27,930 (0.7%). Table A-6 on the following page
provides a summary of net capital assets by type for the current and prior fiscal years.
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Major Capital Asset Additions during fiscal year 2015:
Server replacement $ 184,825 Cisco switch replacement project 129,986 Dell powervault replacement 47,528 Modular furniture- Commercial appraisal 42,689 Recording equipment for training/BOD meeting room 27,114 Vehicle- Chevrolet traverse 26,714 Door control access system 21,579 HP printers for panel rooms 19,782 Liebert repairs 17,038
Dell computers- Optiplex XE 16GB 15,868 All-in-One computers for panel rooms & training Room 12,424
$ 569,720
Major capital asset disposals during fiscal year 2015 include:
Vehicle trade-in $ 8,547
Obsolete building equipment 12,607
Obsolete computer equipment 680,004
Obsolete furniture & office equipment 7,582
$ 718,740
Additional information pertaining to the District’s capital assets can be found in Note 4 of the accompanying
Notes to the Basic Financial Statements.
Long-Term Liabilities: Total long-term liabilities decreased by $1,276,690 (44.5%). This decrease was
due to the implementation of GASB Statement No. 68, Accounting and Financial Reporting for Pensions-
an Amendment of GASB Statement No. 27 and GASB Statement No. 71, Pension Transition for
Contributions Made Subsequent to the Measurement Date- an Amendment of GASB Statement No. 68.
The District reduced their net pension liability by $1,331,692 during 2015, mainly due to the lump sum
payment made from the end of year surplus funds from fiscal year 2014.
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Additional information on the District’s long-term liabilities can be found in Note 5 of the accompanying
Notes to the Basic Financial Statements.
NEXT YEAR’S BUDGET
The fiscal year 2016 General Fund adopted budget is $17,492,994, which is a $343,195 or 2.0% increase
over the fiscal year 2015 adopted budget.
FY 2015 Adopted
Budget FY 2016 Adopted
Budget $ Change % Change
General Fund $ 17,149,799 $ 17,492,994 $ 343,195 2.00%
The net increase reflects the impact of the following:
353.1% increase in seasonal and temporary expenditures for the increased cost associated with
hiring temporary workers instead of full-time employees of the District. This increase is cost is
offset by the reduction in benefit costs
19.5% increase in legal and professional expenditures to cover the anticipated increased litigation
costs associated with the taxing unit challenge and the necessary increase to more aggressively
defend the District’s values
175.1% increase in aerial photography for the higher quality images and change finder software
necessary to complete the desktop review process
20.59% decrease in appraisal services because the District decreased the number of fee
appraisals to be completed during fiscal year 2016
Compensated Absences
45.7%
Compensated absences
45.7%
Long-term Liabilities at December 31, 2015
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71.5% decrease in professional services for the removal of the expert review of high value
properties that was conducted during the 2015 fiscal year
The revenue budget for fiscal year 2016 is $17,575,994. Since the District uses a balance budget policy,
budgeted assessments to the taxing units must equal budgeted expenditures. Budgeted assessments to
the taxing units and budgeted expenditures both total $17,492,994. The additional $83,000 in the revenue
budget is for miscellaneous income. This is income that the District is allowed to keep from year to year for
charges for services, investment income, and other miscellaneous income items.
The table and graph below show the total budgeted revenues by source for the fiscal year 2016 budget and
the previous five years budget history.
2011 2012 2013 2014 2015 2016
Budgeted Revenues:
Appraisal Assessments $ 12,689,610 $ 12,914,797 $ 13,375,023 $ 14,247,231 $17,149,799 $17,492,994
Less Refund/Credit
of appraisal assessments (789,802) - - - - -
Other Miscellaneous Revenue - - - 86,500 83,000 83,000
Total Budgeted Revenues $ 11,899,808 $ 12,914,797 $ 13,375,023 $ 14,333,731 $17,232,799 $17,575,994
Percentage Increase over
previous year's budget 0.75% 1.77% 3.56% 7.17% 20.23% 2.00%
On a high level view, expenditures are broken down by function. The District uses four categories or
functions of expenditures for budgeting purposes: (1) payroll related expenditures, (2) operating
expenditures, (3) service expenditures and (4) capital equipment and debt expenditures. The chart and
$10,000,000
$11,000,000
$12,000,000
$13,000,000
$14,000,000
$15,000,000
$16,000,000
$17,000,000
$18,000,000
Budgeted Revenues
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graph below outline the budgeted expenditures by functions for fiscal year 2016 and the previous five
year’s budget histories.
2011 2012 2013 2014 2015 2016
Expenditures by Function:
Payroll $ 9,408,750 $ 9,478,244 $ 9,748,017 $10,327,816 $11,450,846 $11,469,048
Operating Supplies 630,790 732,163 718,448 665,354 649,259 953,300
Service 2,308,620 2,570,477 2,726,395 2,870,880 4,443,694 4,576,774
Capital Equipment & Debt 341,450 133,913 182,163 383,181 606,000 493,872
Total Budgeted Expenditures $12,689,610 $12,914,797 $13,375,023 $14,247,231 $17,149,799 $17,492,994
The following table provides a broad overview of the major revenue sources and major expenditure
functions by fiscal year for fiscal year 2016 and the previous five fiscal years budget histories.
2011 2012 2013 2014 2015 2016
Budgeted Revenues:
Appraisal Assessments $ 12,689,610 $ 12,914,797 $ 13,375,023 $ 14,247,231 $ 17,149,799 $ 17,492,994
Less Refund/Credit of appraisal assessments (789,802) - - - - -
Other Miscellaneous Revenue - - - 86,500 83,000 83,000
Total Budgeted Revenues 11,899,808 12,914,797 13,375,023 14,333,731 17,232,799 17,575,994
Expenditures by Function:
Payroll 9,408,750 9,478,244 9,748,017 10,327,816 11,450,846 11,469,048
Operating Supplies 630,790 732,163 718,448 665,354 649,259 953,300
Service 2,308,620 2,570,477 2,726,395 2,870,880 4,443,694 4,576,774
Capital Equipment & Debt 341,450 133,913 182,163 383,181 606,000 493,872
Total Budgeted Expenditures $ 12,689,610 $ 12,914,797 $ 13,375,023 $ 14,247,231 $ 17,149,799 $ 17,492,994
$-
$5,000,000
$10,000,000
$15,000,000
2011 2012 2013 2014 2015 2016
Expenditures by Function
Payroll Replated Expenditures
Operating Supplies Expenditures
Service Expenditures
Capital Equip. & Debt
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REQUESTS FOR INFORMATION
This financial report is designed to provide the citizens of Travis County, the participating taxing units, and
other interested parties with a general overview of the District’s finances and to show the District’s
accountability for the money it receives. If you have any questions about this report, or need additional
financial information, please direct your requests to:
Travis Central Appraisal District
Attn: Finance Department
P.O. Box 149012
Austin, Texas 78714-9012
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GOVERNMENT-WIDE
FINANCIAL STATEMENTS
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TRAVIS CENTRAL APPRAISAL DISTRICT Statement of Net Position
December 31, 2015
Governmental
Activities
December 31,
2015
ASSETS
Current Assets:
Cash and cash equivalents $ 90,940
Short-term investments 9,613,409
Receivables 159,112
Prepaid expenses and other assets 1,243,778
Noncurrent Assets:
Capital Assets (Note 4)
Nondepreciable capital assets 805,117
Depreciable capital assets, net 3,085,878
TOTAL ASSETS 14,998,234
DEFERRED OUTFLOWS OF RESOURCES
Deferred outflows of resources 2,573,353
TOTAL DEFERRED OUTFLOWS OF RESOURCES 2,573,353
LIABILITIES
Current Liabilities:
Accounts payable and accrued expenses 574,340
Deferred revenue 4,391,206
Noncurrent liabilities:
Employees' compensable leave 475,922
due within one year (Note 5)
Employees' compensable leave (Note 5) 251,891
Net pension liability (Note 6) 863,382
TOTAL LIABILITIES 6,556,741
DEFERRED INFLOWS OF RESOURCES
Deferred inflows of resources 183,466
TOTAL DEFERRED INFLOWS OF RESOURCES 183,466
NET POSITION
Investment in capital assets 3,890,995
Unrestricted 6,940,385
TOTAL NET POSITION $ 10,831,380
The Notes to the Basic Financial Statements are an integral part of this statement.
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TRAVIS CENTRAL APPRAISAL DISTRICT Statement of Activities
Year ended December 31, 2015
Governmental
Activities
December 31,
2015
EXPENSES
Appraisal services
Payroll and related expenses $ 9,205,640
Data processing 617,689
Transportation 11,031
Operating supplies 189,457
Rentals 59,672
Legal and professional 988,761
Utilities and telephone 188,981
Building and equipment maintenance 152,316
Other services 1,092,679
Depreciation expense 541,790
TOTAL EXPENSES 13,048,016
REVENUES
Appraisal assessments 17,149,799
Refund of appraisal assessments (26,908)
Net appraisal assessments 17,122,891
Investment earnings 4,993
Charges for services 31,707
Miscellaneous revenue 91,267
TOTAL REVENUE 17,250,858
CHANGE IN NET POSITION 4,202,842
NET POSITION, beginning of year 9,548,988
NET PENSION LIABILITY RESTATEMENT,
beginning of year due to change in accounting principle (2,920,450)
Restated net position, beginning of year 6,628,538
Net position, end of year $ 10,831,380
The Notes to the Basic Financial Statements are an integral part of this statement.
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FUND FINANCIAL
STATEMENTS
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TRAVIS CENTRAL APPRAISAL DISTRICT Governmental Fund Balance Sheet
December 31, 2015
General Fund
December 31,
2015
ASSETS
Cash and cash equivalents $ 90,940
Short-term investments 9,613,409
Receivables 159,112
Prepaid expenditures and other assets 1,243,778
TOTAL ASSETS $ 11,107,239
LIABILITIES
Accounts payable and accrued expenditures $ 574,340
Deferred revenue 4,391,206
TOTAL LIABILITIES 4,965,546
FUND BALANCES
Committed- reserves 3,419,849
Nonspendable- prepaid expenditures 1,243,778
Unassigned 1,478,066
TOTAL FUND BALANCES 6,141,693
TOTAL LIABILITIES
AND FUND BALANCE $ 11,107,239
The Notes to the Basic Financial Statements are an integral part of this statement.
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TRAVIS CENTRAL APPRAISAL DISTRICT Reconciliation of the Governmental Fund Balance Sheet
to the Statement of Net Position
December 31, 2015
December 31,
2015
Total fund balance- governmental fund
$ 6,141,693
Amounts reported for governmental activities in the Statement of Net Position are different because:
Capital assets used in governmental activities are not current financial resources and therefore are not reported in the governmental fund balance sheet. (Note 4)
Capital Assets- Non-depreciable
805,117
Capital Assets- Depreciable, Net
3,085,878
3,890,995
Deferred outflows of resources were reported in the Statement of Net Position. 2,573,353
Deferred inflows of resources were reported in the Statement of Net Position. (183,466)
Long-term liabilities are not due and payable in the current period and accordingly are not reported in the funds. These liabilities, however, are included in the Statement of Net Position. (Note 5)
Employees' compensable leave
(727,813)
Net pension liability
(863,382)
(1,591,195)
Net position of governmental activities $ 10,831,380
The Notes to the Basic Financial Statements are an integral part of this statement.
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TRAVIS CENTRAL APPRAISAL DISTRICT Governmental Fund Statement of Revenues,
Expenditures and Changes in Fund Balance
Year ended December 31, 2015
General Fund
December 31,
2015
REVENUES
Appraisal assessments $ 17,149,799
Refund of appraisal assessments (26,908)
Net appraisal assessments 17,122,891
Investment earnings 4,993
Charges for services 31,707
Miscellaneous revenue 89,267
TOTAL REVENUE 17,248,858
EXPENDITURES
Appraisal services
Payroll and related expenditures 10,735,612
Data processing 617,689
Transportation 11,031
Operating supplies 189,457
Rentals 59,672
Legal and professional 988,761
Utilities and telephone 188,981
Building and equipment maintenance 152,316
Other services 1,092,679
Capital outlay 569,720
TOTAL EXPENDITURES 14,605,918
EXCESS OF REVENUES OVER EXPENDITURES 2,642,940
OTHER FINANCING SOURCES 2,000
NET CHANGE IN FUND BALANCE 2,644,940
FUND BALANCE, beginning of year 3,496,753
FUND BALANCE, end of year $ 6,141,693
The Notes to the Basic Financial Statements are an integral part of this statement.
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TRAVIS CENTRAL APPRAISAL DISTRICT Reconciliation of the Statement of Revenues, Expenditures and Changes in
Fund Balance of the Governmental Fund to the Statement of Activities
Year ended December 31, 2015
December 31,
2015
Net change in fund balance- governmental fund
$ 2,644,940
Amounts reported for governmental activities in the statement of activities are different because:
The governmental fund reports capital outlays as expenditures. However, in the Statement of Activities the cost of those assets is allocated over their estimated useful lives and reported as depreciation expense. The amount by which capital outlay exceeds depreciation in the current period is (Note 4):
569,720
Depreciation expense on capital assets is reported in the statement of activities, but does not require the use of current financial resources. Therefore, depreciation expense is not reported as expenditures in the governmental fund.
(541,790)
Certain pension expenditures are not expended in the government-wide financial statements and are recorded as deferred outflows of resources.
1,584,973
Current year changes in long-term liabilities for employees' compensable leave and net pension liability do not require the use of current financial resources and, therefore, are not reported as expenditures in the governmental fund.
(55,001)
Change in net position of governmental activities
$ 4,202,842
The Notes to the Basic Financial Statements are an integral part of this statement.
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NOTES TO THE BASIC
FINANCIAL STATEMENTS
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TRAVIS CENTRAL APPRAISAL DISTRICT Notes to the Basic Financial Statements
December 31, 2015
Note 1:
Note 2:
Note 3:
Note 4:
Note 5:
Note 6:
Note 7:
Note 8:
Summary of Significant Accounting Policies
Deposits and Investments
Receivables
Capital Assets
Long-term Liabilities
Defined Benefit Pension Plan
Commitments and Contingencies
Risk Management
Page
33
40
41
42
43
44
53
54
33
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TRAVIS CENTRAL APPRAISAL DISTRICT Notes to the Basic Financial Statements
NOTE 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
General
Travis Central Appraisal District (the District) was created by the 66th Texas State Legislature in 1979
under the provisions of Senate Bill 621 known as the Property Tax Code. The District is responsible
for the appraisal of property subject to ad valorem taxation in Travis County, Texas. The District was
formed in 1981 and began operations in 1982.
The District is governed by a board of nine directors serving two year terms, plus a tenth statutorily
designated non-voting member who is the county tax assessor-collector. Travis County appoints two
board members, Austin ISD appoints two board members, City of Austin appoints two board
members, and Austin ISD and City of Austin appoint one board member together. The remaining two
board members are appointed by a vote of the eastern and western taxing entities within Travis
County.
Reporting Entity
For financial reporting purposes, management has considered all potential component units. The
decision to include a potential component unit in the reporting entity was made by applying the
criteria set forth in U.S. Generally Accepted Accounting Principles. The criteria used are as follows:
Financial Accountability- The primary government is deemed to be financially accountable if it
appoints a voting majority of the organization’s governing body and (1) it is able to impose its will
on that organization or (2) there is a potential for the organization to provide specific financial
benefits to, or impose significant financial burdens on, the primary government. Additionally, the
primary government may be financially accountable if an organization is fiscally dependent on
the primary government regardless of whether the organization has a separately elected
governing board, a governing board appointed by a higher level of government or a jointly
appointed board.
There are no entities that are potential component units based upon the criteria above.
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NOTE 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES- CONTINUED
Implementation of New Accounting Standards
In fiscal year 2015, the District adopted GASB Statement No. 68, Accounting and Financial Reporting for
Pensions- an amendment of GASB Statement No. 27 (GASB 68), and GASB Statement No. 71, Pension
Transition for Contributions Made Subsequent to the Measurement Date- an amendment of GASB
Statement No. 68 (GASB 71). GASB 68 replaces the requirements of GASB Statement No. 27,
Accounting for Pensions by State and Local Governmental Employers, as well as the requirements of
GASB Statement No. 50, Pension Disclosures. GASB 68 establishes standards for measuring and
recognizing liabilities, deferred outflows of resources, deferred inflows of resources, and
expense/expenditures for pensions provided to the employees of state and local governments through
pension plans administered through trusts with certain characteristics. GASB 71 amends Statement No.
68 to require that, at transition, a government recognize a beginning deferred outflow of resources for its
pension contributions, if any, make subsequent to the measurement date of the beginning net pension
liability. GASB 68, as amended, continues to require that beginning balances for other deferred outflows
of resources and deferred inflows of resources related to pensions be reported at transition only if it is
practical to determine all such amounts.
The provisions of GASB 71 were required to be applied simultaneously with the provisions of GASB 68
and as a result, beginning net position of the government-wide financial statements was adjusted and
restated as follows:
Governmental Activities
Net position- beginning of year, before restatement $ 9,548,988
Prior period adjustments:
Implementation of new accounting standards (2,920,450)
Net position- beginning of year, after restatement $ 6,628,538
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NOTE 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES- CONTINUED
Basis of Presentation
In accordance with required reporting standards, the District reports its financial activities as a
special-purpose government. Special-purpose governments are governmental entities which engage
in a single governmental program.
The government-wide financial statements report information on all the activities of the District.
Governmental activities generally are financed through charges for services and intergovernmental
revenues. The statement of activities reflects the revenues and expenses of the District.
The fund financial statements provide information about the District’s governmental fund. The
emphasis of fund financial statements is directed to specific activities of the District.
The District reports the general fund as a major governmental fund. It is the District’s primary
operating fund. This fund is used to account for the acquisition and use of the District’s expendable
financial resources and the related liabilities. The measurement focus is based on the determination
of changes in financial position rather than upon net income determination.
Measurement Focus/Basis of Accounting
Measurement focus refers to what is being measured; basis of accounting refers to when revenues
and expenditures are recognized in the accounts and reported in the financial statements. Basis of
accounting relates to the timing of the measurement made, regardless of the measurement focus
applied.
The government-wide statements are reported using the economic resources measurement focus
and the accrual basis of accounting. The economic resources measurement focus means all assets
and liabilities (whether current or non-current) are included on the statement of net position and the
operating statements present increases (revenues) and decreases (expenses) in total net position.
Under the accrual basis of accounting, revenues are recognized when earned. Expenses are
recognized at the time the liability is incurred.
Governmental fund financial statements are reported using the current financial resources
measurement focus and are accounted for using the modified accrual basis of accounting. Under
the modified accrual basis of accounting, revenues are recognized when susceptible to accrual;
i.e., when they become both measurable and available. “Measurable” means the amount of the
transaction can be determined and “available” means collectible within the current period or soon
enough thereafter (sixty days) to be used to pay liabilities of the current period. Expenditures are
recorded when the related fund liability is incurred. However, debt service expenditures, as well as
expenditures related to long-term liabilities are recorded only when payment is due.
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NOTE 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES- CONTINUED
Measurement Focus/Basis of Accounting- Continued
Assessments and sales of public information materials are recognized under the susceptible to
accrual concept. Interest income is recorded as earned, since it is measurable and available.
Budgetary Control
The annual budget for the General Fund must be prepared and adopted by the Board of Directors
prior to the expenditure of funds.
Beginning in March, the budget goals and guidelines are established by the Chief Appraiser and the
Board of Directors. Each department is requested to submit budgets based on goals established for
the budget year. The budget includes proposed expenditures and the means of financing them.
Public hearings are held for citizen comments. The Board of Directors approves the final budget
through passage of a resolution and establishes the annual assessment due from taxing jurisdictions.
The District prepares its fund budget on a GAAP basis. The Chief Appraiser is authorized to transfer
amounts between departments within the General Fund; however, revisions that alter total General
Fund expenditures must be approved by the Board of Directors and the taxing jurisdictions. In 2014,
the taxing entities approved a supplemental appropriation of 2014 surplus funds to the 2015 budget
in the amount of $1,017,062. Unexpended appropriations lapse at year-end.
Investments
Investments are stated at fair value. The District is authorized to invest in certificates of deposit at
the District’s depository bank, obligations of the United States of America, no-load money market
mutual funds with an average stated maturity of 90 days or less, investment pools and certain other
investments which meet the conditions of the State of Texas Public Funds Investment Act.
Assessments
If the District accumulates unreserved and undesignated excess funds, the Board of Directors shall
refund the excess to the taxing entities. In addition, state law requires the District to refund any
assessment revenue in excess of expenditures. During the fiscal year ending December 31, 2015,
the District has refunded the taxing jurisdictions $26,908. This refund was done as a credit to the
third quarter payment. The refund covered unspent funds from the end of year budget amendment
from fiscal year 2013.
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NOTE 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES- CONTINUED
Capital Assets
Capital assets, which include land, building and improvements, and furniture and equipment, are
reported in the government-wide financial statements. All capital assets are valued at historical cost
or estimated historical cost if actual historical cost is not available. Donated assets are valued at
their fair market value on the date donated. Repairs and maintenance are recorded as expenses.
Assets capitalized have an original cost of $1,000 or more and over one year of useful life.
Depreciation has been calculated on each class of depreciable property using the straight-line
method. Estimated useful lives are as follows:
Capitalization
Depreciation
Estimated
Policy
Method
Useful Life
Building and improvements
$1,000
Straight-line
5-50 years
Furniture and equipment
$1,000
Straight-line
3-20 years
Compensated Absences
All full-time employees are granted vacation and sick leave benefits in varying amounts. In the event
of termination, an employee is entitled to receive accumulated vacation pay and vested accumulated
sick pay in a lump sum cash payment. Accumulated vacation pay and vested sick pay for all full-
time employees are recorded in the government-wide statement of net position.
Prepaid Items
Prepaid balances are for payments made by the District in the current year to provide services in the
subsequent fiscal year. The District uses the consumption method with regards to the treatment of
prepaid items. When using the consumption method, the District recognizes the prepayment as an
expenditure proportionately over the periods that service is provided.
Pensions
For purposes of measuring the net pension liability, deferred outflows of resources and deferred
inflows of resources related to pensions, and pension expense, information about the fiduciary net
position of the Texas County and District Retirement System (TCDRS) and additions to/deductions
from TCDRS’s fiduciary net position have been determined on the same basis as they are reported
for TCDRS. For this purpose, benefit payments are recognized when due and payable in
accordance with the benefit terms. Investments are reported at fair value.
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NOTE 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES- CONTINUED
Deferred Inflows/Outflows of Resources
Deferred outflows of resources represent a consumption of net position that applies to a future
period(s) and is not recognized as an outflow of resources (expense/expenditure) until then. The
District records pension contributions after the measurement date and the difference in projected and
actual earnings on pension assets as deferred outflows of resources. Deferred inflows of resources
represent an acquisition of net position that applies to a future period(s) and is not recognized as an
inflow of resources (revenue) until that time. The District records the difference between actual and
projected experience as a deferred inflow of resources.
Net Position
Net position represents the difference between the total of assets and deferred outflows of resources
and the total of liabilities and deferred inflows of resources. The net investment in capital assets
component of net position consists of capital assets, net of accumulated depreciation, reduced by the
outstanding balances of any borrowing used for the acquisition, construction or improvement of those
assets, and adding back unspent proceeds. Net position is reported as restricted when there are
limitations imposed on its use either through the enabling legislation adopted by the District or
through external restrictions imposed by creditors, grantors, or laws and/or regulations of other
governments.
Fund Balance Classification
Fund balance for the governmental fund is reported in classifications which are outlined in GASB
Statement No. 54, Fund Balance Reporting and Governmental Fund Type Definitions (GASB 54).
These classifications demonstrate the extent to which the District is bound by specific purposes for
which funds can be spent. The governmental fund classifications are as follows:
Non-spendable- includes amounts that cannot be spent because they are either not in spendable
form, or, for legal or contractual reasons, must be kept intact. This classification includes the
District’s prepaid items.
Restricted- includes fund balance amounts that are constrained for specific purposes which are
imposed by providers, such as creditors, or amounts restricted due to constitutional provisions or
enabling legislation. This classification includes retirement of long-term debt, construction programs,
and other federal and state grants. At December 31, 2015, the District had no restricted fund
balance amounts.
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NOTE 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES- CONTINUED
Fund Balance Classification- Continued
Committed- includes fund balance amounts that are constrained for specific purposes that are
internally imposed by the District through formal action in an open meeting of the highest level of
decision making authority. Committed fund balance is reported pursuant to resolution passed by the
Board of Directors. At December 31, 2015, the District had $3,419,849 in committed fund balance.
Assigned- includes fund balance amounts that are self-imposed by the District to be used for a
particular purpose. Fund balance can be assigned by the Board of Directors or Chief Appraiser
pursuant to the District’s fund balance policy. At December 31, 2015, the District had no assigned
fund balance amounts.
Unassigned- includes residual positive fund balance within the general fund which has not been
classified within the other above mentioned fund balance categories.
When both restricted and unrestricted fund balances are available for use, it is the District’s policy to use
restricted fund balance first, then unrestricted fund balance.
Furthermore, committed fund balances are reduced first followed by assigned amounts and then
unassigned amounts when expenditures are incurred for purposes for which amounts in any of those
fund balance classifications are available.
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NOTE 2. DEPOSITS AND INVESTMENTS
The components of the District’s deposits and investments at December 31, 2015, are as follows:
Cash $ 90,940 High Yield Savings 9,613,409
$ 9,704,349
The District’s funds are required to be deposited and invested under the terms of a depository
contract. The District’s agent bank approves pledged securities as collateral for bank deposits that
exceed amounts covered by the Federal Deposit Insurance Corporation (“FDIC”) insurance
coverage.
At December 31, 2015, the carrying amount of the District’s deposits was $9,704,349 and the bank
balance was $10,699,597.
Custodial credit risk for deposits and investments is the risk that, in the event of the failure of a
depository financial institution, a government will not be able to recover its deposits or will not be able
to recover collateral securities that are in the possession of an outside party.
At December 31, 2015, the District’s cash deposits were entirely covered by the FDIC insurance or
by investments pledged as collateral.
Statutes of the State of Texas and policies mandated by the District’s Board of Directors authorize
the District to invest in instruments issued by federally insured banks with an emphasis on liquidity
over return. During 2015, the District has invested in high yield savings accounts only.
Credit Risk
Credit risk is the risk that an issuer or other counterparty to an investment will not fulfill its obligations.
At December 31, 2015, the District’s funds were placed in a high yield savings account and were fully
secured by either FDIC insurance or investments pledged as collateral. Accordingly the District was
not exposed to significant credit risk.
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NOTE 3. RECEIVABLES
Receivables in the general fund are 76.2% receivables from the taxing jurisdictions and 23.8%
receivables from employees for elected health benefits.
Balance
Percentage of Total Receivables
Receivable from Jurisdictions
$ 121,270
73.2% Receivable from Employees
37,842
23.8%
$ 159,112
100.00%
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NOTE 4. CAPITAL ASSETS
Balance
Balance
December 31,
December 31,
2014
Additions
Retirements
2015
Capital assets not being
depreciated
Land
$ 805,117
$ -
$ -
$ 805,117
Total capital assets not
being depreciated 805,117
-
-
805,117
Building and improvements 3,590,778
90,940
(12,607)
3,669,111
Furniture and equipment 4,173,021
478,780
(706,133)
3,945,668
Total capital assets
being depreciated 7,763,799
569,720
(718,740)
7,614,779
Building and improvements 1,703,912
162,316
(12,607)
1,853,621
Furniture and equipment 3,001,939
379,474
(706,133)
2,675,280
Total accumulated
depreciation 4,705,851
541,790
(718,740)
4,528,901
Total capital assets
being depreciated, net 3,057,948
27,930
-
3,085,878
Governmental activities
capital assets, net
of related debt $ 3,863,065
$ 27,930
$ -
$ 3,890,995
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NOTE 5. LONG-TERM DEBT
The following is a summary of long-term debt transactions of the District for the year ended December 31,
2015:
Balance
Balance
Due
December 31,
December 31,
Within
2014
Increase
Decrease
2015
One Year
Compensated
absences $ 672,812
$ 599,911
$ (544,910)
$ 727,813
$ 475,922
Net pension
2,195,074
-
(1,331,692)
863,382
- liability
Total governmental
activities $ 2,867,886
$ 599,911
$(1,876,602)
$ 1,591,195
$ 475,922
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NOTE 6: DEFINED BENEFIT PENSION PLAN
Plan Description
The District’s defined benefit pension plan, through the Texas County and District Retirement System
(TCDRS), provides pensions for all permanent full-time employees of the District. TCDRS is an
agent multiple-employer defined benefit pension plan (agent pension plan). The Board of Trustees of
TCDRS is responsible for the administration of the statewide agent multiple-employer public
employee retirement system consisting of 677 nontraditional defined benefit pension plans. The
TCDRS Act grants the authority to establish and amend the benefit terms to each participating
District’s governing board within the options available in the TCDRS Act. The plan provisions are
adopted by the governing body of the District, within the options available in the Texas state statutes
governing TCDRS (TCDRS Act). TCDRS in the aggregate issues a comprehensive annual financial
report (CAFR) on a calendar year basis. The CAFR is available upon written request from TCDRS
Board of Trustees at P.O. Box 2034, Austin, Texas 78768-2034 and on their website at
www.tcdrs.org.
Benefits Provided
TCDRS provides retirement, disability, and survivor benefits. TCDRS is a unique, savings-based
plan. Members save for their retirement over the length of their careers. At retirement, benefits
are based on a member’s final savings balance and employer matching. Employers with 10 years
of service are eligible to retire at age 60. Any employee may retire when their years of service and
age equal 75. This is known as the rule of 75. Employees may retire at any age after 30 years of
service. An employee who leaves the District may withdraw his or her contributions, plus any
accumulated interest. At December 31, 2015, the following employees were covered by the benefit
terms:
Inactive employees or beneficiaries currently receiving benefits
56
Inactive employees entitled to but not yet receiving benefits
17
Active employees
107
180
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NOTE 6: DEFINED BENEFIT PENSION PLAN- CONT.
Contributions
The District has elected the annually determined contribution rate (ADCR) plan provisions of the
TCDRS Act. Under the TCDRS Act, the District has the option of selecting the plan benefits to
provide in the future, while at the same time considering the level of the employer contribution rate
required to adequately finance the plan. The plan is funded by monthly contributions from both
employee members and the employer based on the covered payroll of employee members. The
contribution rate of the employer is actuarially determined annually on a calendar year basis using
the entry age actuarial cost method. The actuarially determined required contribution rate for fiscal
year 2015 was 12.65%. However, during 2015, the District elected to continue contributions at the
higher elected rate of 18.0%. The contribution rate payable by the employee is the rate of 7.0% as
adopted by the governing body of the District. The employee contribution rate and the employer
contribution rate may be changed by the governing body of the District within the options available in
the TCDRS Act.
Net Pension Liability
The District’s net pension liability was measured as of December 31, 2014, and the total pension
liability used to calculate the net pension liability was determined by an actuarial valuation as of
that date.
Net Pension Liability/ (Asset)
December 31, 2013
December 31, 2014
Total pension liability
$ 30,953,159
$ 32,899,443
Fiduciary net position
28,758,085
32,036,061
Net pension liability/(asset)
2,195,074
863,382
Fiduciary net position as a % of total pension liability
92.91% 97.38%
Pensionable covered payroll (1)
6,346,255
6,257,940
Net pension liability as a % of covered payroll
34.59% 13.80%
Note: Rounding differences may exist above or in other tables in this report. (1) Payroll is calculated based on contribution as reported to TCDRS.
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NOTE 6: DEFINED BENEFIT PENSION PLAN- CONT.
Net Pension Liability- Continued
Actuarial Assumptions. The total pension liability in the December 31, 2014 actuarial valuation
was determined using the following actuarial assumptions, applied to all periods included in the
measurement:
Real rate of return
5.0% Inflation
3.0%
Long-term investment return 8.0%
Mortality rates for service retirees were based on the RP-2000 Combined Mortality Table with the
projection scale AA, with a one-year set-forward for males and no age adjustment for females.
Mortality rates for disabled retirees were based on the RP-2000 Disable Mortality Table for males
with no age adjustment and RP-2000 Disabled Mortality Table for females with a two-year age set-
forward, both with the projection scale AA.
The actuarial assumptions used in the December 31, 2014 valuation were based on the results of
an actuarial experience study for the period of January 1, 2009 through December 31, 2012,
except where required to be different by GASB 68.
The long-term expected rate of return on pension plan investments was determined by adding
expected inflation to expected long-term real returns, and reflecting expected volatility and
correlation. The capital market assumptions and information shown below are provided by
TCDRS’ investment consultant, Cliffwater LLC. The numbers shown are based on a 30-year time
horizon; the most recent analysis was performed in 2013.
The annual salary increase rates assumed for individual members vary by length of service and by
entry-age group. The annual rates consist of a general wage inflation component of 3.5% (made
up of 3.0 inflation and 0.5 productivity increase assumptions) and a merit, promotion and longevity
component that on average approximates 1.4% per year for a career employee.
The rates do not include the wage inflation rate of 3.5% per year. For example, a member who
entered the system at age 20 and is in the first year of service is assumed to receive an 8.93%
total annual increase in his salary. The 8.93% is a combination of the 5.25% merit increase and
the 3.5% wage inflation. Note that the two components are compounded, so it is a slightly different
result than just adding the two percentages.
The payroll growth assumption is for the aggregate covered payroll of an employer.
Growth in membership
0.0% Payroll growth
2.0%
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NOTE 6: DEFINED BENEFIT PENSION PLAN- CONT.
Net Pension Liability- Continued
New employees are assumed to replace any terminated employees and have similar entry ages.
Members who become disabled are eligible to commence benefit payments regardless of age.
Rates of disability are in a custom table based on TCDRS experience.
The probability of disablement from all other causes is applicable for members who are vested but
not eligible for service retirement. Before a member is vested, only the work related disability
provisions are applicable. Mortality rates for depositing members were based on the RP-2000
Active Employee Mortality Table for males with a two-year set-forward and the RP-2000 Active
Employee Mortality Table for females with a four-year setback, both with the projection scale AA.
For current retirees, beneficiary information is supplied by TCDRS. For purposes of calculating the
Survivor Benefit for current depositing and non-depositing members, male members are assumed
to have a female beneficiary who is three years younger. Female members are assumed to have a
male beneficiary who is three years older.
Deferred members are assumed to retire (100% probability) at the later of: (a) age 60 or (b) the
earliest retirement eligibility. For all eligible members ages 75 and older, retirement is assumed to
occur immediately.
The rate of assumed future termination from active participation in the plan for reasons other than
death, disability or retirement vary by length of service, entry-age group (age at hire) and sex. No
termination after eligibility for retirement is assumed.
Members who terminate may either elect to leave their account with TCDRS or withdraw their
funds. The probability that a member elects a withdrawal varies by length of service and vesting
schedule. For non-depositing members who are not vested, 100% are assumed to elect
withdrawal.
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NOTE 6: DEFINED BENEFIT PENSION PLAN- CONT.
Net Pension Liability- Continued
Discount Rate. The discount rate used to measure the total pension liability was 8.10%. This rate reflects the long-term assumed rate of return on assets for funding purposes of 8.00%, net of all expenses, increased by 0.10% to be gross of administrative expenses. TCDRS used an alternative method to determine the sufficiency of the fiduciary net position in all future years. The method reflects the funding requirements under the employer’s funding policy and the legal requirements under the TCDRS Act. 1. TCDRS has a funding policy where the Unfunded Actuarial Accrued Liability (UAAL) shall
be amortized as a level percent of pay over 20-year closed layered periods.
2. Under the TCDRS Act, the employer is legally required to make the contribution specified
in the funding policy.
3. The District’s assets are projected to exceed its accrued liabilities in 20 years or less.
When this point is reached, the employer is still required to contribute at least the normal
cost.
4. An increased cost due to the adoption of a COLA is required to be funded over a period of
15 years, if applicable.
Based on the assumptions above, the projected fiduciary net position was determined to be
sufficient compared to projected benefit payments of current active and inactive employees.
Therefore, the long-term expected rate of return on investments was applied to all periods of
projected benefit payments to determine the total pension liability.
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NOTE 6: DEFINED BENEFIT PENSION PLAN- CONT.
Net Pension Liability- Continued
Asset Class Benchmark
Target Allocation
(1)
Geometric Real Rate of Return (Expected
minus Inflation) (2)
U.S. Equities Dow Jones U.S. Total Stock Market Index 16.50% 5.35% Private Equity Cambridge Associates Global Private Equity &
Venture Capital Index (3) 12.00 8.35 Global Equities MSCI World (net) Index 1.50 5.65 International Equities- Developed
50% MSCI World Ex USA (net) + 50% MSCI World ex USA 100% Hedged to USD (net) Index
11.00 5.35 International Equities- Emerging
50% MSCI EM Standard (net) Index + 50% MSCI EM 100% Hedged to USD (net) Index 9.00 6.35
Investment Grade Bonds Barclays Capital Aggregate Bond Index 3.00 0.55 High-Yield Bonds Citigroup High-Yield Cash-Pay Capped Index
3.00 3.75 Opportunistic Credit Citigroup High-Yield Cash-Pay Capped Index
5.00 5.54 Direct Lending Citigroup High-Yield Cash-Pay Capped Index
2.00 5.80 Distressed Debt Citigroup High-Yield Cash-Pay Capped Index
3.00 6.75 REIT Equities 67% FTSE NAREIT Equity REITs Index + 33%
FRSE EPRA/NAREIT Global Real Estate Index 2.00 4.0
Commodities Bloomberg Commodities Index 2.00 -0.20 Master Limited Partnerships (MLPs)
Alerian MLP Index 2.00 5.30
Private Real Estate Partnerships
Cambridge Associates Real Estate Index (4) 3.00 7.20
Hedge Funds Hedge Fund Research, Inc. (HFRI) Fund of Funds Composite Index 25.00 5.15
Total 100.0
(1) Target asset allocation adopted at the April 2015 TCDRS Board meeting. (2) Geometric real rates of return in addition to assumed inflation of 1.7%, per Cliffwater’s 2015 capital
market assumptions. (3) Include vintage years 2006-present of Quarter Pooled Horizon IRRs. (4) Include vintage years 2007-present of Quarter Pooled Horizon IRRs.
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NOTE 6: DEFINED BENEFIT PENSION PLAN- CONT.
Changes in the Net Pension Liability
Increase (Decrease)
Total Pension
Liability (a)
Plan Fiduciary Net Position
(b)
Net Pension Liability (a) – (b)
Balances as of December 31, 2013 $ 30,953,159 $ 28,758,085 $ 2,195,074
Changes for the year: Service cost 943,683 - 943,683 Interest on total pension liability (1) 2,494,541 - 2,494,541 Effect of plan changes - - - Effect of economic/demographic gains or losses (229,332) - (229,332) Effect of assumptions changes or inputs - - - Refund of contributions (145,656) (145,656) -
Benefit payments
(1,116,952)
(1,116,952)
-
Administrative expense - (23,479) 23,479 Member contributions - 438,056 (438,056) Net investment income - 1,932,837 (1,932,837) Employer contributions - 2,136,607 (2,136,607) Other changes (2) - 56,563 (56,563)
Net changes 1,946,284 3,277,976 (1,331,692)
Balances as of December 31, 2014 $ 32,899,443 $ 32,036,061 $ 863,382
(1) Reflects the change in the liability due to the time value of money. TCDRS does not charge fees or interest.
(2) Relates to allocation of system-wide items.
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NOTE 6: DEFINED BENEFIT PENSION PLAN- CONT.
Changes in the Net Pension Liability- Continued
Sensitivity of the net pension liability to changes in the discount rate. The following presents
the net pension liability of the District, calculated using the discount rate of 8.10%, as well as what
the net pension liability would be if it were calculated using a discount rate that is 1 percentage
point lower (7.10%) or 1 percentage point higher (9.10%) than the current rate.
1% Decrease (7.10%)
Current Discount
Rate (8.10%)
1% Increase (9.10%)
Total pension liability $36,641,074
$32,899,443
$29,774,497
Fiduciary net position
$32,036,061
$32,036,061
$32,036,061
Net Pension liability/(asset)
$4,605,013
$863,382
($2,261,564)
Pension Plan Fiduciary Net Position. Detailed information about the pension plan’s fiduciary net
position is available in the separately issued TCDRS financial report.
Pension Expense and Deferred Outflows of Resources and Deferred Inflows of Resources
Related to Pensions
For the year ended December 31, 2015, the District recognized pension expense of $609,609. At
December 31, 2015, the District reported deferred outflows of resources and deferred inflows of
resources related to pensions from the following sources:
Deferred Inflows of Resources
Deferred Outflows of Resources
Differences between expected and actual experience
$ 183,466
$ -
Changes of assumptions
-
-
Net difference between projected and actual earnings on pension plan investments
-
378,772
Contributions made subsequent to measurement date
-
2,194,581
Total
$ 183,466
$ 2,573,353
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52
NOTE 6: DEFINED BENEFIT PENSION PLAN- CONT.
Pension Expense and Deferred Outflows of Resources and Deferred Inflows of Resources
Related to Pensions- Continued
The $2,194,581 reported as deferred outflows of resources relates to contributions made
subsequent to the measurement date and will be recognized as a reduction of the net pension
liability in the year ended December 31, 2016. Other amounts reported as deferred outflows or
resources and deferred inflows of resources will be recognized as pension expense as follows:
Year ended December 31:
2015
$ 48,827
2016
48,827
2017
48,827
2018
48,825
2019
-
Thereafter
-
Payable to the Pension Plan
At December 31, 2015, the District reported a payable of $183,589 for the outstanding amount of
contributions to the pension plan required for the year ended December 31, 2015.
Fin
anci
al
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tion
53
NOTE 7. COMMITMENTS AND CONTINGENCIES
The District and Appraisal Review Board are defendants in a number of property owner appeals pursuant
to Chapter 42 of the State Tax Code. Such legal proceedings allege that the appraised valued placed on
taxpayers’ properties are excessive. The potential liability to the District in each of these appeals is for
recovery of attorney’s fees and court costs. The District believes that any ultimate liability on these
appeals will not materially affect its financial position. No provision for any liability that might result from
these appeals has been recorded in the basic financial statements.
The District is also subject to refunding any excess fund balance to the various taxing jurisdictions. The
refunding takes place in the subsequent year and offsets the payments required by the jurisdictions.
Fin
anci
al
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tion
54
NOTE 8. RISK MANAGEMENT
Third party insurance is currently maintained to cover significant claims or losses such as property loss,
business interruption, general liability, workers’ compensation, and employee fidelity bond. At December
31, 2015, the District was participating in an intergovernmental shared-risk self-insurance pool, the Texas
Municipal League Intergovernmental Risk Pool (TMLIRP). TMLIRP carries stop-loss insurance with
private insurers and maintains substantial reserves in order to buffer possible claims and losses.
The District had no significant reductions in insurance coverage for the year ended December 31, 2015.
Settlement amounts have neither exceeded insurance coverage for the year ended December 31, 2015
nor the preceding three years.
Under its agreement with the Texas Municipal League Intergovernmental Risk Pool, buildings, structures,
and contents insurance is maintained on a “replacement cost” basis with specified coverage limits
(utilizing established real and personal property values), a $5,000 deductible, and coverage extensions
for newly acquired property, valuable papers and records, loss of revenue, extra expense and rents and
other identified purposes. The District’s coverage with TMLIRP provides general liability coverage up to
$1,000,000 per occurrence with a $5,000 deductible. The District carries a $100,000 employee fidelity
bond with a $1,000 deductible. In addition to the aforementioned coverage, the District maintains third
party group medical, dental, long-term disability, term life insurance, and long-term care insurance for its
active employees.
The District had three taxing entities whose revenue individually represented 10% or more of the District’s
total revenue, or who accounts receivable balance individually represented 10% or more of the District’s
total accounts received. They are as follows:
Taxing Jurisdiction Percent of Total Revenue Total Revenue
Austin ISD 30.52% $ 5,233,856
Travis County 18.12% $ 3,107,303
City of Austin 14.92% $ 2,558,156
The Texas Property Tax Code, Section 6.06 mandates that the taxing jurisdictions in a county pay a
portion of the appraisal district’s budget based on the total levy of each jurisdiction, the District has no
related significant risk.
Fin
anci
al
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tion
55
REQUIRED SUPPLEMENTARY
INFORMATION
Fin
anci
al
Sec
tion
56
TRAVIS CENTRAL APPRAISAL DISTRICT General Fund Budgetary Comparison Schedule
Year Ended December 31, 2015
Variance With
Budgeted Amounts
Actual
Final Budget
Original
Amended
Amounts
Positive (Negative)
REVENUES
Assessments
$ 17,149,799
$ 17,149,799
$ 17,149,799
$ -
Refunds of appraisal assessments
-
-
(26,908)
(26,908)
Net appraisal assessments
17,149,799
17,149,799
17,122,891
(26,908)
Investment earnings
3,000
3,000
4,993
1,993
Charges for services
20,000
20,000
31,707
11,707
Miscellaneous revenue
60,000
60,000
89,267
29,267
Total revenue
17,232,799
17,232,799
17,248,858
16,059
EXPENDITURES
Current
Appraisal Services
Payroll and related expenses
11,760,766
12,103,383
10,735,612
1,367,771
Data processing
665,174
1,125,174
617,689
507,485
Transportation
19,630
19,980
11,031
8,949
Operating supplies
127,206
178,426
189,457
(11,031)
Rentals
67,650
55,650
59,672
(4,022)
Legal and professional 2,591,440
2,484,940
988,761
1,496,179
Utilities and telephone
194,960
209,960
188,981
20,979
Building and equipment maintenance
182,200
184,200
152,316
31,884
Other services
934,773
1,216,748
1,092,679
124,069
Capital Outlay
606,000
588,400
569,720
18,680
Total expenditures
17,149,799
18,166,861
14,605,918
3,560,943
Excess of revenues over expenditures 83,000
(934,062)
2,642,940
3,577,002
Other financing sources 2,000
2,000
2,000
2,000 Net change in fund balance 85,000 (932,062) 2,644,940 3,579,002
FUND BALANCES,
beginning of year
3,496,753
3,496,753
3,496,753 -
FUND BALANCES,
end of year
$ 3,581,753
$ 2,564,691
$ 6,141,693
$ 3,579,002
Fin
anci
al
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tion
57
TRAVIS CENTRAL APPRAISAL DISTRICT
Schedule of Changes in Net Pension Liability and Related Ratios
Last Ten Fiscal Years*
(Unaudited)
2014
Total Pension Liability
Service cost $ 943,683
Interest on total pension liability 2,494,541
Effect of plan changes -
Effect of assumption changes or inputs -
Effect of economic/demographic (gains) or losses (229,332)
Benefit payments/refunds of contributions (1,262,608)
Net change in total pension liability 1,946,284
Total pension liability, beginning 30,953,159
Total pension liability, ending (a) 32,899,443
Fiduciary Net Position
Employer contributions 2,136,607
Member contributions 438,056
Investment income net of investment expenses 1,932,837
Benefit payments/refunds of contributions (1,262,608)
Administrative expenses (23,479)
Other 56,563
Net change in fiduciary net position 3,277,976
Fiduciary net position, beginning 28,758,085
Fiduciary net position, ending (b) 32,036,061
Net pension liability/(asset), ending= (a) - (b) $ 863,382
Fiduciary net position as a % of total pension liability 97.38%
Pensionable covered payroll $ 6,257,940
Net pension liability as a % of covered payroll 13.80%
*Fiscal year 2015 was the first year of implementation; therefore, only one year is shown.
Fin
anci
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tion
58
TRAVIS CENTRAL APPRAISAL DISTRICT Schedule of Employer Contributions
Last Ten Fiscal Years
(Unaudited)
Year ended
December 31
Actuarially Determined Contribution
Actual Employer Contribution
Contribution Deficiency (Excess)
Pensionable Covered Payroll
(1)
Actual Contribution
as a % of Covered Payroll
2005 Not Available Not Available Not Available Not Available Not Available
2006 $ 318,226 $ 339,571 $ (21,345) $ 4,851,009 7.0%
2007 776,387 776,387 - 5,145,041 15.1%
2008 884,701 884,701 - 5,424,287 16.3%
2009 925,810 925,810 - 5,530,525 16.7%
2010 1,056,620 1,056,620 - 6,334,652 16.7%
2011 999,297 999,297 - 6,304,711 15.8%
2012 972,717 972,717 - 6,269,280 15.5%
2013 1,017,939 2,350,752 (1,332,813) 6,346,255 37.0%
2014 939,943 2,136,607 (1,196,664) 6,257,940 34.1%
2015 857,470 2,194,581 (1,337,112) 6,778,416 32.4%
(1) Payroll is calculated based on contributions as reported to TCDRS.
Fin
anci
al
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tion
59
TRAVIS CENTRAL APPRAISAL DISTRICT Notes to the Required Supplementary Information
Budgetary Data
The Board adopts an appropriated budget on a basis consistent with GAAP for the general fund. At
minimum, the District is required to present the original and final amended budgets for revenues and
expenditures compared to actual revenues and expenditures for the general fund. The District uses
the following procedures in establishing the budget reflected in the basic financial statements:
1. Prior to September 15, the Board of Directors is presented with a proposed budget for the
fiscal year beginning on the following January 1. The budget includes proposed
expenditures and the means of financing them. The budget also serves as a basis for
determining the annual assessments due from the taxing jurisdictions.
2. Public hearings are conducted to obtain citizen’s comments.
3. An annual budget is legally adopted for the General Fund. The budget is adopted on a
basis consistent with accounting principles generally accepted in the United States of
America.
4. The Chief Appraiser is authorized to transfer amounts between departments within the
General Fund; however, revisions that alter total General Fund expenditures must be
approved by the Board of Directors and the taxing jurisdictions. The fund level is the legal
level of budgetary control. Appropriations lapse at year-end.
5. Budgeted amounts presented in the budgetary comparison schedule are as originally
adopted by the Board of Directors on August 19, 2014. No supplementary appropriations
have been enacted.
Schedule of Employer Contributions
Valuation date: Actuarially determined contribution rates are calculated as of December 31, two years prior to the end of the fiscal year in which contributions are reported.
Methods an assumptions used to determine contributions rates:
Actuarial cost method Entry Age Normal
Asset valuation method
Smoothing period 5 years
Recognition method Non-asymptotic
Corridor None
Fin
anci
al
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tion
60
Schedule of Employer Contributions- Cont.
Inflation 3.00%
Salary increases The annual salary increase rates assumed for individual members vary by length of service and by entry-age group. The annual rates consist of a general wage inflation component of 3.5% (made up of 3.0% inflation and 0.5% productivity increase assumptions) and a merit, promotion and longevity component that on average approximates 1.4% per year for a career employee.
Investment rate of return 8.10%
Cost of Living Adjustments Cost-of-living adjustments for Travis CAD are not considered to be substantively automatic under GASB 68. Therefore, no assumption for future cost-of-living adjustments is included in the GASB calculations. No assumption for future cost-of-living adjustments is included in the funding valuation.
Retirement age Members eligible for service retirement are assumed to retire at the rates shown below. Deferred members are assumed to retire at the later of: a) age 60 or b) earliest retirement eligibility.
Age Male Female
Age Male Female
40-44 4.5% 4.5%
62 25.0% 25.0%
45-40 9.0 9
63 16.0 16.0
50 10.0 10
64 16.0 16.0
51 10.0 10
65 30.0 30.0
52 10.5 10.5
66 25.0 25.0
53 10.5 10.5
67 24.0 24.0
54 10.5 10.5
68 22.0 22.0
55 11.0 11
69 22.0 22.0
56 11.0 11
70 22.0 22.0
57 11.0 11
71 22.0 22.0
58 12.0 12
72 22.0 22.0
59 12.0 12
73 22.0 22.0
60 14.0 14
74** 22.0 22.0
61 12.0 12
** For all eligible members ages 75 and older, retirement is assumed to occur immediately.
Fin
anci
al
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tion
61
Schedule of Employer Contributions- Cont.
Turnover
The rate of assumed future termination from active participation in the plan for reasons other than death, disability or retirement vary by length of service, entry-age group (age at hire) and sex. No termination after eligibility for retirement is assumed.
Mortality
Depositing Members The RP-2000 Active Employee Mortality Table for males with a two-year set-forward and the RP-2000 Active Employee Mortality Table for females with a four-year setback, both with the projection scale AA.
Service retirees, beneficiaries and non-depositing members
The RP-2000 Combined Mortality Table with the projection scale AA, with a one-year set-forward for males and no age adjustment for females.
Disabled retirees RP-2000 Disabled Mortality Table for males with no age adjustment and RP-2000 Disabled Mortality Table for females with a two-year set-forward, both with the projection scale AA.
Fin
anci
al
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tion
62
Statistical Section (unaudited)
Sta
tist
ical
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tion
63
TRAVIS CENTRAL APPRAISAL DISTRICT
Introduction to the Statistical Section
(Unaudited)
This section of the Travis Central Appraisal District’s Comprehensive Annual Financial Report (CAFR)
presents detailed information as a context for understanding what the information in the financial
statements, note disclosures, and required supplementary information, says about the District’s overall
financial health.
Travis Central Appraisal District Financial Trends
Table 1 through 6 present multi-year financial data encompassing the District’s net position, General Fund
balances, and revenues and expenditures. In reviewing this, it should be noted that the District is statutorily
prohibited from incurring bonded indebtedness. Table 5 and table 6 depict the annual assessments, or
funds paid, pursuant to the Texas Property Tax Code, by the various taxing entities in Travis County to fund
the District’s annual budget.
Table 1 Net Position by Component Last Ten Fiscal Years
Table 2 Change in Net Position Last Ten Fiscal Years
Table 3 Fund Balance- Governmental Fund Last Ten Fiscal Years
Table 4 Changes in Fund Balance- Governmental Fund Last Ten Fiscal Years
Table 5 Assessments to Taxing Entities Last Ten Fiscal Years
Table 6 Assessments Collected from Taxing Entities Last Ten Fiscal Years
Travis Central Appraisal District Taxing Entity Trends
Tables 7 through 9 provide multi-year financial data regarding property tax levies, property tax rates, and
appraised values for each of the taxing entities the District services.
Table 7 Property Tax Levies by Taxing Entity Last Ten Fiscal Years
Table 8 Tax Rates by Taxing Entity Last Ten Fiscal Years
Table 9 Appraised Value by Taxing Entity Last Ten Fiscal Years
Demographic and Economic Information
Table 10 through 12 identify changes which have occurred, over time, in both the top ten property values
and employers as well as county-wide population, per capita income, and other trends.
Table 10 Demographic and Economic Statistics Last Ten Fiscal Years
Table 11 Principal Employers for 2006 and 2015
Table 12 Principal Property Taxpayers for 2006 and 2015
Sta
tist
ical
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tion
64
Travis Central Appraisal District Operating Information
Table 13 through 15 contain information about the District’s staffing, workload, and capital assets.
Table 13 Budgeted Full-Time Equivalent Appraisal District Employees by Function/Program Last
Ten Fiscal Years
Table 14 Actual Full-Time Equivalent Appraisal District Employees by Function/Program Last Ten
Fiscal Years
Table 15 Operating Indicators by Function/Program Last Ten Fiscal Years
Travis Central Appraisal District Debt Information
Table 16 provides information about the District’s outstanding debt.
Table 16 Outstanding Debt by Type Last Ten Fiscal Years
Sta
tist
ical
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tion
65
STATISTICAL SECTION
FINANCIAL TRENDS
Sta
tist
ical
Sec
tion
66
TRAVIS CENTRAL APPRAISAL DISTRICT
Net Position by Component
Last Ten Fiscal Years
(Accrual Basis of Accounting- Unaudited)
2006
2007
2008
2009
Governmental Activities
Net investment in capital
assets
$3,190,120
$2,646,972
$3,164,662
$3,688,647
Unrestricted
357,061
755,021
889,886
1,611,684
Total Governmental Activities
Net Position
3,547,181
3,401,993
4,054,548
5,300,331
Total Primary Government
Net Position
$3,547,181
$3,401,993
$4,054,548
$5,300,331
SOURCE: Audited Financial Statements 2006-2010
Comprehensive Annual Financial Report (CAFR) 2011-2015
Sta
tist
ical
Sec
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67
TRAVIS CENTRAL APPRAISAL DISTRICT TABLE 1
Net Position by Component
Last Ten Fiscal Years
(Accrual Basis of Accounting- Unaudited)
2010
2011
2012
2013
2014
2015
$3,749,926
$4,423,085
$4,094,873
$5,290,153
$3,863,065
$ 3,890,995
1,895,825
1,640,950
1,431,888
2,005,592
5,685,923
6,940,385
5,645,751
6,064,035
5,526,761
7,295,745
9,548,988
10,831,380
$5,645,751
$6,064,035
$5,526,761
$7,295,745
$9,548,988
$ 10,831,380
Sta
tist
ical
Sec
tion
68
TRAVIS CENTRAL APPRAISAL DISTRICT
Change in Net Position
Last Ten Fiscal Years
(Accrual Basis of Accounting- Unaudited)
2006
2007
2008
2009
Expenses
Governmental Activities
Appraisal services
$ 8,625,489
$ 9,237,366
$ 10,136,925
$ 10,688,920
Interest on long-term debt
20,883
12,687
4,064
-
Total Governmental
Activities Expenses
8,646,372
9,250,053
10,140,989
10,688,920
Total Primary
Government Expenses
8,646,372
9,250,053
10,140,989
10,688,920
Program Revenues
Governmental Activities
Fees, fines, and charges for services
8,412,252
9,008,393
10,744,086
11,932,726
Total Governmental Activities
Program Revenues
8,412,252
9,008,393
10,744,086
11,932,726
Total Primary Government
Program Revenues
8,412,252
9,008,393
10,744,086
11,932,726
Net Revenue (Expense)
(234,120)
(241,660)
603,097
1,243,806
Interest income
95,488
96,472
49,458
1,977
Change in net position
(138,632)
(145,188)
652,555
1,245,783
Net position- beginning of year
3,685,813
3,547,181
3,401,993
4,054,548
Net position restatement
-
-
-
-
Adjusted net position, beginning of year
3,685,813
3,547,181
3,401,993
Net position- end of year
$ 3,547,181
$ 3,401,993
$ 4,054,548
$ 5,300,331
SOURCE: Audited Financial Statements 2006-2010
Comprehensive Annual Financial Report (CAFR) 2011-2015
Sta
tist
ical
Sec
tion
69
TRAVIS CENTRAL APPRAISAL DISTRICT TABLE 2
Change in Net Position
Last Ten Fiscal Years
(Accrual Basis of Accounting- Unaudited)
2010
2011
2012
2013
2014
2015
$ 11,527,480
$ 11,702,337
$ 12,278,520
$ 11,693,736
$ 12,032,932
$ 13,048,016
-
35,233
-
11,116
-
-
11,527,480
11,737,570
12,278,520
11,704,852
12,032,932
13,048,016
11,527,480
11,737,570
12,278,520
11,704,852
12,032,932
13,048,016
11,872,153
12,151,322
11,735,080
13,468,605
14,283,508
17,243,865
11,872,153
12,151,322
11,735,080
13,468,605
14,283,508
17,243,865
11,872,153
12,151,322
11,735,080
13,468,605
14,283,508
17,243,865
344,673
413,752
(543,440)
1,763,753
2,250,577
4,195,849
747
4,532
6,166
5,231
2,667
4,993
345,420
418,284
(537,274)
1,768,984
2,253,243
4,200,842
5,300,331
5,645,751
6,064,035
5,526,761
7,295,745
9,548,988
-
-
-
-
-
(2,920,450)
5,300,331
5,645,751
6,064,035
5,526,761
7,295,745
6,628,538
$ 5,645,751
$ 6,064,035
$ 5,526,761
$ 7,295,745
$ 9,548,988
$ 10,831,380
Sta
tist
ical
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tion
70
TRAVIS CENTRAL APPRAISAL DISTRICT
Fund Balance- Governmental Fund
Last Ten Fiscal Years
(Modified Accrual Basis of Accounting- Unaudited)
2006
2007
2008
2009
General Fund
Reserved
$ 68,657
$ 186,390
$ 120,040
$ 145,062
Unreserved
800,120
601,017
1,197,759
1,971,252
Nonspendable
-
-
-
-
Restricted
-
-
-
-
Committed
-
-
-
-
Assigned
-
-
-
-
Unassigned
-
-
-
-
Total General Fund
$ 868,777
$ 787,407
$ 1,317,799
$ 2,116,314
SOURCE: Audited Financial Statements 2006-2010
Comprehensive Annual Financial Report (CAFR) 2011-2015
NOTE: The District implemented GASB Statement No. 54 during the fiscal year ended December 31, 2011.
This statement eliminated the previous fund balance categories (reserved and unreserved), and
replaced them with the five new categories (nonspendable, restricted, committed, assigned and
unassigned). Fund balance amounts for fiscal year ended December 31, 2011 and thereafter reflect the
new categories; however, all previous fiscal years are presented using the old categories.
Sta
tist
ical
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tion
71
TRAVIS CENTRAL APPRAISAL DISTRICT TABLE 3
Change in Net Position
Last Ten Fiscal Years
(Accrual Basis of Accounting- Unaudited)
2010
2011
2012
2013
2014
2015
$ 82,376
$ -
$ -
$ -
$ -
$ -
2,340,265
-
-
-
-
-
-
101,849
174,147
377,866
311,360
1,243,778
-
-
-
-
-
-
-
-
-
-
1,250,000
3,419,849
-
-
-
-
-
-
-
2,135,141
1,933,761
2,302,068
1,935,393
1,478,066
$ 2,422,641
$ 2,236,990
$ 2,107,908
$ 2,679,934
$ 3,496,753
$ 6,141,693
Sta
tist
ical
Sec
tion
72
TRAVIS CENTRAL APPRAISAL DISTRICT
Change in Fund Balance- Governmental Fund
Last Ten Fiscal Years
(Modified Accrual Basis of Accounting- Unaudited)
2006
2007
2008
2009
Revenues
Assessments
$ 8,325,763
$ 9,829,291
$ 10,674,750
$ 11,856,540
Less: Refunds
-
(902,018)
-
-
8,325,763
8,927,273
10,674,750
11,856,540
Investment earnings
95,488
96,472
49,458
1,977
Charges for services
29,740
23,436
21,325
17,998
Miscellaneous income
56,749
57,684
48,011
58,188
Total Revenue
8,507,740
9,104,865
10,793,544
11,934,703
Expenditures
Appraisal Services
Payroll and related expenses
6,220,542
7,390,215
7,918,880
8,182,739
Data processing
160,035
126,682
137,141
165,309
Transportation
207,456
8,640
10,641
13,872
Operating supplies
-
-
-
-
Rentals
55,987
43,804
47,536
46,032
Legal & professional
525,704
377,307
558,867
568,315
Utilities and telephone
137,470
121,473
133,819
143,229
Building and equipment
maintenance
-
119,560
197,766
286,939
Other services
869,148
646,216
668,060
771,590
Debt Service
Principal
270,540
278,409
263,134
-
Interest
20,883
12,687
4,064
-
Capital outlay
223,296
61,242
323,244
958,163
Total Expenditures
8,691,061
9,186,235
10,263,152
11,136,188
Excess (Deficiency) of Revenues
Over (Under) Expenditures
(183,321)
(81,370)
530,392
798,515
Other Financing Sources (Uses)
-
-
-
-
Net Change in Fund Balance
$ (183,321)
$ (81,370)
$ 530,392
$ 798,515
Ratio of Debt Service Expenditures
to total noncapital expenditures
3.44%
3.19%
2.69%
0.00%
SOURCE: Audited Financial Statements 2005-2010
Comprehensive Annual Financial Report (CAFR) 2011-2014
Sta
tist
ical
Sec
tion
73
TABLE 4
Change in Net Position
cal Years
(Accruaed) 2010
2011
2012
2013
2014
2015
$ 12,591,285
$ 12,689,611
$ 12,914,797
$ 13,375,023
$ 14,246,848
$ 17,149,799
(789,802)
(612,738)
(1,259,667)
-
(89,434)
(26,908)
11,801,483
12,076,873
11,655,130
13,375,023
14,157,414
17,122,891
747
4,532
6,166
5,231
2,667
4,993
19,171
19,474
20,424
23,673
24,444
31,707
51,499
54,975
59,526
69,909
101,650
89,267
11,872,900
12,155,854
11,741,246
13,473,836
14,286,175
17,248,858
9,148,307
9,120,313
9,053,018
10,553,042
10,283,671
10,735,612
187,233
106,912
440,591
354,679
552,623
617,689
12,663
7,296
20,074
11,843
17,566
11,031
-
-
371,123
180,563
90,473
189,457
40,234
34,433
39,291
44,724
57,161
59,672
406,230
684,615
759,231
363,566
895,228
988,761
150,150
138,279
143,741
174,140
178,163
188,981
211,398
117,758
127,552
98,024
159,497
152,316
916,974
916,028
658,387
716,010
857,625
1,092,679
-
743,612
-
23,588
-
-
-
35,233
-
11,116
-
-
1,236,996
437,026
257,319
370,516
377,349
569,720
12,310,185
12,341,505
11,870,327
12,901,811
13,469,356
14,605,918
(437,285)
(185,651)
(129,081)
572,025
816,819
2,642,940
-
-
-
-
-
2,000
$ (437,285)
$ (185,651)
$ (129,081)
$ 572,025
$ 816,819
$ 2,644,940
0.00%
6.54%
0.00%
0.28%
0.00%
0.00%
Sta
tist
ical
Sec
tion
74
TRAVIS CENTRAL APPRAISAL DISTRICT
Assessments to Taxing Entities
Last Ten Fiscal Years
TAXING ENTITY
2006
2007
2008
2009
SCHOOL DISTRICTS AUSTIN COMMUNITY COLLEGE DIST.
257,187
362,185
386,725
421,839
AUSTIN ISD
2,881,020
3,086,939
3,443,227
3,748,951
COUPLAND ISD
188
170
180
186
DEL VALLE ISD
186,417
220,527
231,213
237,280
DRIPPING SPRINGS ISD
784
791
669
676
EANES ISD
476,675
509,760
547,555
586,779
ELGIN ISD
6,821
9,963
12,304
12,936
HAYS CONSOLIDATED ISD
541
611
521
817
HUTTO ISD
282
297
-
-
JOHNSON CITY ISD
403
512
607
555
LAGO VISTA ISD
60,936
65,342
71,545
80,714
LAKE TRAVIS ISD
295,279
348,096
384,184
421,308
LEANDER ISD
286,884
340,218
367,732
412,398
MANOR ISD
139,984
180,108
200,652
220,197
MARBLE FALLS ISD
21,382
25,961
31,272
33,327
PFLUGERVILLE ISD
417,236
483,030
510,087
550,884
ROUND ROCK ISD
329,825
352,652
361,851
387,783
TOTAL SCHOOL DISTRICTS
5,361,844
5,987,162
6,550,323
7,116,631
CITIES CITY OF AUSTIN
995,435
1,337,437
1,441,281
1,654,655
CITY OF AUSTIN/HAYS CO
9
11
-
-
CITY OF AUSTIN/WMSN CO
-
-
-
-
CITY OF BEE CAVE
404
607
797
845
CITY OF CEDAR PARK
964
1,250
1,693
1,798
CITY OF CREEDMOOR
220
363
386
464
CITY OF ELGIN
635
1,383
1,556
1,553
CITY OF JONESTOWN
5,596
8,388
9,933
11,604
CITY OF LAGO VISTA
13,420
17,181
18,695
19,487
CITY OF LAKEWAY
14,872
21,359
20,716
24,184
CITY OF LEANDER
2,037
3,972
4,965
6,088
CITY OF MANOR
2,948
6,472
7,134
7,880
CITY OF MUSTANG RIDGE
449
653
691
812
CITY OF PFLUGERVILLE
38,864
58,945
73,400
82,641
CITY OF ROLLINGWOOD
1,715
2,341
2,450
2,640
CITY OF ROUND ROCK
4,445
5,660
5,197
5,446
CITY OF WEST LAKE HILLS
2,120
2,923
3,125
3,469
VILLAGE OF BRIARCLIFF
625
843
953
1,033
VILLAGE OF POINT VENTURE
204
416
452
786
VILLAGE OF SAN LEANNA
389
502
481
548
VILLAGE OF THE HILLS
523
703
735
768
VILLAGE OF VOLENTE
608
818
899
976
VILLAGE OF WEBBERVILLE
131
191
223
232
TOTAL CITIES
1,086,613
1,472,418
1,595,763
1,827,907
Sta
tist
ical
Sec
tion
75
TRAVIS CENTRAL APPRAISAL DISTRICT
TABLE 5
Change in Net Position (1 OF 4)
Last 2010
2011
2012
2013
2014
2015
430,066
424,202
434,627
442,411
462,549
565,661
3,951,673
3,930,700
3,962,546
4,041,606
4,279,407
5,225,594
195
188
189
188
182
216
236,555
235,486
237,835
241,495
263,268
311,561
764
798
802
782
804
940
596,039
588,084
591,994
606,528
633,685
768,916
13,880
12,961
13,114
12,582
12,840
16,006
585
562
565
579
601
734
-
-
-
-
-
-
615
590
593
577
652
649
82,182
78,228
79,386
84,123
80,035
92,667
431,380
429,518
433,167
475,741
501,785
614,702
431,100
439,069
442,123
459,992
486,629
598,991
210,335
213,755
255,789
255,198
244,206
359,452
36,283
32,150
32,418
31,470
30,597
33,487
563,272
553,466
557,578
582,770
609,532
759,459
382,925
361,071
364,029
374,993
378,110
468,599
7,367,849
7,300,828
7,406,755
7,611,036
7,984,882
9,817,635
1,827,479
1,898,893
1,947,818
2,073,085
2,169,602
2,554,094
-
-
-
-
-
-
-
-
-
-
-
-
835
866
871
984
1,071
1,362
1,366
1,493
1,504
7,881
8,171
9,560
503
557
587
805
861
917
1,561
1,401
1,408
1,544
1,403
1,700
11,703
11,172
11,290
11,526
11,011
12,180
21,925
20,825
21,112
19,766
19,941
23,468
25,648
25,645
25,796
24,561
25,283
30,107
6,808
7,257
7,297
8,907
11,539
16,667
9,573
9,464
9,547
9,977
10,725
13,245
960
967
973
1,029
1,100
1,410
91,270
89,352
89,892
88,434
88,492
103,871
3,247
3,447
3,468
5,232
5,917
6,880
5,180
5,034
5,053
5,438
5,785
7,018
3,588
3,448
3,470
3,581
3,742
4,585
1,044
1,168
1,178
1,157
1,221
2,094
825
813
818
775
855
1,002
579
560
564
550
563
680
680
519
521
458
440
527
1,038
1,013
1,023
990
1,042
1,207
248
247
249
251
247
310
2,016,061
2,084,141
2,134,441
2,266,930
2,369,013
2,792,885
Sta
tist
ical
Sec
tion
76
TRAVIS CENTRAL APPRAISAL DISTRICT
Assessments to Taxing Entities
Last Ten Fiscal Years TAXING ENTITY
2006
2007
2008
2009
COUNTY TRAVIS COUNTY
1,395,464
1,803,293
1,913,141
2,128,200
TOTAL COUNTY
1,395,464
1,803,293
1,913,141
2,128,200
SPECIAL DISTRICTS ANDERSON MILL MUD
-
-
142
51
ANDERSON MILL LIMITED DISTRICT
-
-
-
-
BASTROP-TRAVIS CO ESD NO 1
-
435
515
544
BELLA VISTA MUD
2,415
3,578
3,073
2,598
BELVEDERE MUD
2
388
1,022
1,368
COTTONWOOD CREEK MUD NO 1
975
1,967
2,335
2,643
CYPRESS RANCH WCID NO 1
435
934
1,143
1,557
HURST CREEK MUD
6,822
9,274
8,750
8,936
KELLY LANE WCID NO 1
3
266
948
1,720
KELLY LANE WCID NO 2
-
-
33
35
LAKESIDE MUD NO 3
19
326
853
1,402
LAKESIDE WCID NO 1
2,556
3,938
4,262
4,907
LAKESIDE WCID NO 2A
-
-
15
15
LAKESIDE WCID NO 2B
1,792
2,778
3,270
3,314
LAKESIDE WCID NO 2C
743
1,454
1,920
2,459
LAKESIDE WCID NO 2D
1
337
1,391
1,528
LAKEWAY MUD
7,731
9,581
9,229
10,270
LAZY NINE MUD NO 1B
-
-
-
-
LOST CREEK MUD
2,653
5,180
5,266
5,552
MOORES CROSSING MUD
1,781
2,659
2,973
3,250
NE TRAVIS CO UTILITY DISTRICT
2,657
5,516
5,884
7,026
NORTH AUSTIN MUD NO 1
-
-
1,509
1,542
NORTHTOWN MUD
9,730
13,069
14,058
16,624
NW AUSTIN MUD NO 1
5,123
6,127
5,927
5,985
NW TRAVIS CO RD DIST-3 GLDN TRI
2,450
2,640
2,645
2,931
PILOT KNOB MUD NO. 3
-
-
-
-
PRESIDENTIAL GLEN MUD
-
54
169
118
RANCH @ CYPRESS CREEK MUS NO 1
5,509
7,368
2,198
2,433
RIVER PLACE MUD
6,508
7,578
7,606
8,145
SENNA HILLS MUD
2,755
3,984
4,214
5,504
SHADY HOLLOW MUD
1,276
1,713
1,790
669
SUNFIELD MUD NO 1
-
-
-
-
SUNFIELD MUD NO 2
-
3
3
3
SUNFIELD MUD NO 3
-
1
1
1
TANGLEW00D FOREST LTD DIST
3,432
2,800
2,728
2,871
TRAVIS CO BEE CAVE RD DIST 1
-
-
3,983
5,662
TRAVIS CO ESD NO 1
6,456
8,972
9,918
11,038
TRAVIS CO ESD NO 2
18,708
25,371
27,960
30,850
TRAVIS CO ESD NO 3
6,507
9,136
9,828
10,680
TRAVIS CO ESD NO 4
5,285
7,746
7,859
7,672
TRAVIS CO ESD NO 5
2,830
3,964
4,073
4,483
Sta
tist
ical
Sec
tion
77
TRAVIS CENTRAL APPRAISAL DISTRICT TABLE 5
Change in Net Position (2 OF 4)
2010
2011
2012
2013
2014
2015
2,389,775
2,456,872
2,513,095
2,633,598
2,720,660
3,102,063
2,389,775
2,456,872
2,513,095
2,633,598
2,720,660
3,102,063
53
49
49
-
-
-
-
-
-
50
53
63
558
487
490
460
495
649
2,752
2,653
2,664
2,557
2,597
3,072
1,280
1,342
1,353
1,681
2,057
2,935
2,773
2,517
2,525
2,377
2,476
2,527
1,671
1,886
1,897
2,183
2,874
4,323
9,463
9,734
9,785
8,156
7,833
8,741
2,253
2,493
2,517
2,576
3,090
4,183
98
124
150
71
117
400
1,608
1,836
1,796
2,586
3,147
4,624
5,181
4,993
5,014
5,093
4,910
5,588
10
9
9
9
8
9
3,574
3,434
3,450
3,370
3,537
4,606
2,960
3,048
3,059
3,119
3,556
4,692
1,859
2,362
2,665
2,635
3,440
5,118
10,633
10,370
10,454
10,036
9,828
10,822
-
-
-
39
1,385
4,015
5,597
5,609
5,637
4,237
4,140
3,466
3,480
3,572
3,590
3,482
3,432
4,379
7,233
7,305
7,336
7,216
7,842
9,992
1,587
1,495
1,501
1,431
1,329
1,560
17,340
16,774
16,753
16,553
19,187
21,477
-
-
-
-
-
-
3,105
3,198
3,222
2,934
2,914
-
-
-
-
-
-
150
142
167
170
170
367
691
2,598
2,500
2,513
2,160
1,857
1,927
8,138
7,790
7,821
7,693
7,752
8,828
5,710
5,657
5,697
6,200
6,525
7,820
684
646
649
639
633
757
-
-
-
-
-
0
-
-
-
-
-
-
-
-
-
-
-
-
2,872
2,775
2,791
2,555
2,445
2,874
5,717
6,161
6,187
5,763
5,731
6,392
11,410
10,984
11,108
11,119
10,735
12,351
31,978
30,950
31,181
31,244
32,442
39,828
10,952
10,592
10,660
10,629
10,645
12,163
7,710
7,473
7,525
7,256
7,277
8,704
4,688
4,494
4,528
4,527
4,518
5,721
Sta
tist
ical
Sec
tion
78
TRAVIS CENTRAL APPRAISAL DISTRICT
Assessments to Taxing Entities
Last Ten Fiscal Years TAXING ENTITY
2006
2007
2008
2009
SPECIAL DISTRICTS TRAVIS CO ESD NO 6
24,624
36,377
40,872
45,062
TRAVIS CO ESD NO 7
-
-
-
-
TRAVIS CO ESD NO 8
3,699
5,971
6,593
7,273
TRAVIS CO ESD NO 9
13,976
19,327
20,641
22,996
TRAVIS CO ESD NO 10
3,741
5,434
5,845
6,472
TRAVIS CO ESD NO 11
2,540
3,033
3,596
3,749
TRAVIS CO ESD NO 12
3,182
4,619
4,956
5,362
TRAVIS CO ESD NO 13
133
190
228
236
TRAVIS CO ESD NO 14
2,990
4,506
4,768
5,074
TRAVIS CO MUD NO 2
2,839
4,512
5,505
6,042
TRAVIS CO MUD NO 3
8,195
11,635
12,061
13,127
TRAVIS CO MUD NO 4
1,740
2,311
2,217
2,238
TRAVIS CO MUD NO 5
797
2,072
3,319
3,918
TRAVIS CO MUD NO 6
2,099
3,123
3,301
3,729
TRAVIS CO MUD NO 7
63
78
75
78
TRAVIS CO MUD NO 8
1,105
1,884
2,434
2,523
TRAVIS CO MUD NO 9
122
154
154
160
TRAVIS CO MUD NO 10
1,690
2,199
2,404
3,760
TRAVIS CO MUD NO 11
237
1,179
2,565
3,727
TRAVIS CO MUD NO 12
-
-
-
-
TRAVIS CO MUD NO 13
-
-
-
-
TRAVIS CO MUD NO 14
1,226
2,196
2,656
3,269
TRAVIS CO MUD NO 15
771
1,360
1,965
2,622
TRAVIS CO MUD NO 16
-
-
21
22
TRAVIS CO MUD NO 17
-
-
-
-
TRAVIS CO MUD NO 18
-
-
-
-
TRAVIS CO MUD NO 21
-
-
-
-
TRAVIS CO HEALTHCARE DISTRICT
228,041
297,039
315,668
340,788
WCID 17 COMANCHE TRAILS (DA)
355
-
-
-
WCID 17 FLINTROCK (DA)
1,609
3,095
3,552
4,140
WCID 17 SERENE HILLS (DA)
-
-
-
-
WCID 17 STEINER RANCH (DA)
21,377
36,348
35,939
39,275
WCID NO 10
3,512
4,564
4,528
4,952
WCID NO 17
5,371
8,101
9,076
10,130
WCID NO 18
3,508
4,521
4,515
4,845
WCID NO 19
1,593
2,191
2,019
2,207
WCID NO 20
3,973
5,250
5,200
5,494
WCID POINT VENTURE
2,457
3,122
2,870
3,078
WELLS BRANCH MUD
12,113
16,069
16,461
17,625
WEST TRAVIS CO MUD NO 3
614
895
1,126
1,709
WEST TRAVIS CO MUD NO 5
2,165
2,951
3,029
3,082
WEST TRAVIS CO MUD NO 6
961
2,562
3,433
4,493
WEST TRAVIS CO MUD NO 8
1,424
2,724
3,226
4,098
WILBARGER CREEK MUD NO 1
21
284
404
503
WILBARGER CREEK MUD NO 2
137
161
163
151
Sta
tist
ical
Sec
tion
79
TABLE 5
Change in Net Position (3 OF 4)
2010
2011
2012
2013
2014
2015
46,155
45,765
46,040
47,948
50,410
61,952
-
-
-
-
-
-
7,761
7,637
7,695
7,551
7,662
8,855
23,668
23,242
23,390
23,308
22,983
25,780
6,751
6,745
6,780
6,824
7,027
8,494
3,745
3,720
3,751
3,662
3,861
4,333
5,363
5,185
5,235
5,398
5,769
7,082
252
248
251
254
256
308
5,349
5,258
5,302
3,877
3,879
4,570
6,298
5,722
5,749
5,481
5,713
6,868
13,060
12,208
12,270
13,713
13,756
15,645
2,120
2,025
2,034
2,199
2,443
3,002
3,833
3,624
3,639
3,284
3,530
4,885
3,834
3,681
3,696
3,536
3,683
4,221
83
81
81
80
79
87
2,460
2,313
2,322
2,265
2,378
2,851
164
161
162
156
153
174
3,918
3,890
3,952
3,814
3,480
4,342
4,175
4,737
5,002
5,267
6,331
8,802
38
45
360
335
569
1,356
35
53
360
685
1,096
1,858
3,662
3,428
3,448
3,197
3,268
3,918
2,832
3,015
3,031
3,207
3,882
5,292
24
693
699
2,074
3,083
5,253
-
-
-
-
10
302
-
-
-
-
54
238
-
-
-
-
-
26
369,415
399,721
408,849
416,081
710,288
860,529
-
-
-
-
-
-
4,499
4,901
4,924
5,545
5,423
6,608
1
26
26
26
232
927
40,945
40,793
40,982
41,862
39,651
46,242
3,352
3,474
3,494
3,724
4,106
5,010
11,070
11,498
11,299
12,398
12,438
15,121
5,043
4,949
4,976
5,026
4,966
2,737
2,425
2,357
2,367
2,333
2,317
2,561
5,671
5,494
5,521
5,438
4,148
4,444
3,227
3,185
3,203
3,229
3,179
3,582
17,657
17,176
17,347
17,317
17,775
20,297
2,398
2,505
2,516
2,521
2,657
3,080
2,711
2,752
2,769
2,639
2,721
3,228
5,123
4,743
4,789
5,245
6,120
7,576
4,350
4,376
4,394
4,826
5,317
5,227
614
643
647
676
984
1,212
160
179
180
178
175
200
Sta
tist
ical
Sec
tion
80
TRAVIS CENTRAL APPRAISAL DISTRICT
Assessments to Taxing Entities
Last Ten Fiscal Years TAXING ENTITY
2006
2007
2008
2009
SPECIAL DISTRICTS WILLIAMSON/TRAVIS MUD NO 1
-
-
3,197
3,468
WMSN CO WSID DIST 3
-
-
1,030
1,879
WMSN-TRAVIS CO WCID NO 1D
4,114
6,741
5,728
5,098
WMSN-TRAVIS CO WCID NO 1F
588
1,524
1,931
2,088
WMSN-TRAVIS CO WCID NO 1G
4,983
6,990
6,761
6,874
TOTAL SPECIAL DISTRICTS
481,842
666,427
715,523
783,802
TOTAL ASSESSMENTS
8,325,763
9,929,300
10,774,750
11,856,540
SOURCE: Travis Central Appraisal District- Internal Management Reports
Sta
tist
ical
Sec
tion
81
TABLE 5
Change in Net Position (4 OF 4)
2010
2011
2012
2013
2014
2015
3,169
3,064
3,138
2,954
2,804
2,983
2,025
2,056
2,068
1,994
1,935
2,332
5,455
5,625
5,652
-
-
-
2,333
2,396
2,406
1,957
2,177
2,844
7,146
6,900
6,961
6,569
6,349
7,628
822,034
847,769
860,507
863,458
1,172,292
1,410,308
12,595,720
12,689,610
12,914,797
13,375,023
14,246,848
17,122,891
Sta
tist
ical
Sec
tion
82
TRAVIS CENTRAL APPRAISAL DISTRICT
Assessments Collected from Taxing Entities
Last Ten Fiscal Years
Fiscal Year
Ended Dec. 31
Total Assessments to Taxing Entities
Amount Collected
Surplus Credit/Refund- Reduction of
Liability
Amount Not Collected
Percent of Assessment
2006
8,325,763
8,325,763
-
100.0000%
2007
9,829,300
8,927,273
902,018
9
99.9999%
2008
10,674,750
10,674,750
-
100.0000%
2009
11,856,540
11,856,540
-
100.0000%
2010
12,595,720
11,801,483
789,802
4,435
99.9648%
2011
12,689,610
12,076,873
612,738
(1)
100.0000%
2012
12,914,797
11,655,130
1,259,667
-
100.0000%
2013
13,375,023
13,375,023
-
-
100.0000%
2014
14,246,848
14,157,414
89,434
-
100.0000%
2015
17,149,799
17,122,872
26,927
-
100.0000%
SOURCE: Travis Central Appraisal District- Internal Management Reports
Sta
tist
ical
Sec
tion
83
STATISTICAL SECTION
TAXING ENTITY TRENDS
Sta
tist
ical
Sec
tion
84
TRAVIS CENTRAL APPRAISAL DISTRICT
Property Tax Levies by Taxing Entity
Last Ten Fiscal Years TAXING ENTITY
2006 2007 2008 2009
SCHOOL DISTRICTS AUSTIN COMM COLL DIST
$ 76,222,533,853 $ 86,077,451,588 $ 95,728,069,724 $ 100,814,932,581
AUSTIN ISD
56,308,881,914 63,094,101,286 70,533,145,307 73,467,671,340
COUPLAND ISD
4,145,527 3,971,016 4,173,003 4,081,685
DEL VALLE ISD
3,512,690,816 3,946,975,455 4,227,709,391 4,196,623,729
DRIPPING SPRINGS ISD
12,208,705 17,769,487 16,245,424 16,282,065
EANES ISD
8,403,322,186 9,384,826,237 10,611,029,806 10,702,862,335
ELGIN ISD
148,578,093 187,201,903 222,388,484 228,739,227
HAYS CONSOLIDATED ISD
8,329,911 8,481,262 7,873,315 11,513,965
HUTTO ISD
3,840,895 4,588,474 - -
JOHNSON CITY ISD
7,695,999 10,414,843 11,102,862 9,894,577
LAGO VISTA ISD
1,145,330,631 1,341,820,736 1,542,108,661 1,637,514,251
LAKE TRAVIS ISD
5,583,860,466 6,522,817,346 7,568,687,493 7,863,134,421
LEANDER ISD
4,931,194,729 5,873,521,257 6,177,567,405 6,489,222,286
MANOR ISD
2,335,247,996 2,848,385,566 3,730,969,280 4,217,760,956
MARBLE FALLS ISD
398,909,109 471,867,680 590,531,735 572,212,154
PFLUGERVILLE ISD
7,066,752,458 8,006,507,992 8,520,918,319 8,591,120,667
ROUND ROCK ISD
5,161,615,770 5,781,282,307 6,055,273,153 5,981,779,112
TOTAL SCHOOL DISTRICTS
171,255,139,058 193,581,984,435 215,547,793,362 224,805,345,351
CITIES CITY OF AUSTIN
67,455,087,491 76,232,216,305 84,891,503,376 88,023,044,312
CITY OF AUSTIN/HAYS CO
558,400 558,400 - -
CITY OF AUSTIN/WMSN CO
13,851,325 81,618 - -
CITY OF BEE CAVE
565,121,802 670,903,514 903,217,568 922,713,828
CITY OF CEDAR PARK
90,478,552 96,687,752 79,980,873 82,057,303
CITY OF ELGIN
45,735,631 59,818,683 63,487,744 61,711,902
CITY OF JONESTOWN
255,655,726 334,617,100 409,604,232 464,052,141
CITY OF LAGO VISTA
612,066,016 679,221,299 783,174,347 774,831,435
CITY OF LAKEWAY
1,711,575,025 2,043,555,598 2,401,953,775 2,516,823,252
CITY OF LEANDER
88,895,221 139,958,247 178,194,353 207,025,149
CITY OF MANOR
187,975,085 222,124,712 235,857,149 243,997,208
CITY OF MUSTANG RIDGE
48,555,580 55,133,490 55,049,930 55,355,865
CITY OF PFLUGERVILLE
1,569,132,005 1,950,814,266 2,563,136,569 2,821,125,254
CITY OF ROLLINGWOOD
387,205,038 442,254,165 504,145,439 525,563,438
CITY OF ROUND ROCK
332,014,873 340,634,206 358,967,543 311,607,998
CITY OF SUNSET VALLEY
207,796,702 243,360,641 292,513,000 274,498,633
CITY OF WEST LAKE HILLS
1,074,959,665 1,201,839,646 1,364,222,749 1,425,907,353
REINVESTMENT ZONE # 1 CITY OF PFLUG
- - - -
VILLAGE OF BRIARCLIFF
168,092,532 177,715,003 207,689,145 213,401,994
VILLAGE OF CREEDMOOR
23,625,751 27,516,158 30,113,856 34,613,648
VILLAGE OF GARFIELD
17,300 81,756 73,360 -
VILLAGE OF POINT VENTURE
126,084,032 141,331,235 159,244,352 176,806,676
VILLAGE OF SAN LEANNA
40,457,514 41,769,260 41,146,289 45,410,821
VILLAGE OF THE HILLS
394,335,466 427,919,073 460,486,093 462,736,757
VILLAGE OF VOLENTE
123,523,551 140,561,240 149,971,271 155,617,466
VILLAGE OF WEBBERVILLE
13,220,421 15,372,839 16,462,773 16,202,389
TOTAL CITIES
75,536,020,704 85,686,046,206 96,150,195,786 99,815,104,822
Sta
tist
ical
Sec
tion
85
TABLE 7
Change in Net Position (1 OF 4)
2010 2011 2012 2013 2014 2015
$ 96,171,265,868 $ 100,506,271,488 $ 103,680,974,072 110,393,280,560 125,491,180,556 147,278,044,993
70,816,356,728 72,638,105,135 74,893,278,908 80,542,738,182 92,190,023,086 109,332,303,206
4,042,645 4,002,906 3,972,805 3,942,300 4,500,383 4,545,023
3,903,825,425 4,000,312,874 4,059,791,706 4,406,204,656 4,805,649,174 5,725,766,338
16,766,673 21,563,613 27,168,282 27,670,572 35,336,919 44,732,674
10,020,779,707 10,079,819,989 10,505,304,390 11,193,202,672 12,565,676,882 14,184,933,523
220,032,703 214,530,565 211,914,661 218,732,758 245,798,460 293,241,989
7,927,357 7,835,116 8,113,559 8,532,429 8,883,262 8,907,511
- - - - - -
10,177,628 10,116,336 10,065,635 10,229,569 11,092,211 10,820,890
1,574,812,311 1,556,328,192 1,510,145,167 1,458,203,982 1,543,196,063 1,624,585,632
7,563,912,842 7,757,527,167 8,066,366,182 8,683,977,541 9,674,999,852 11,119,790,185
6,275,766,149 6,402,465,379 6,696,027,070 7,183,075,012 7,992,031,823 8,916,160,108
3,705,912,613 5,708,442,584 5,707,924,582 5,231,093,034 5,859,956,811 6,534,525,319
599,442,152 547,046,712 538,919,451 533,629,296 534,215,603 558,299,695
8,177,619,250 8,267,679,920 8,434,890,246 9,205,906,787 10,312,032,825 11,845,458,318
758,824,729 5,555,697,951 5,673,606,555 5,826,834,795 6,741,953,808 7,656,250,057
209,827,464,780 223,277,745,927 230,028,463,271 244,927,254,145 278,016,527,718 325,138,365,461
83,883,875,709 87,870,247,142 90,464,051,620 96,468,334,174 110,072,172,878 129,900,930,797
- - - - - -
- - - - - -
861,637,683 925,453,690 1,061,863,222 1,177,232,711 1,365,661,420 1,758,103,293
60,889,014 67,293,889 323,838,495 354,497,381 379,470,877 903,963,729
182,707,566 56,866,826 61,767,642 57,547,129 63,250,592 92,099,970
16,283,442 412,446,794 414,802,082 402,835,069 415,088,965 434,676,122
- 738,776,059 702,707,994 694,641,984 755,403,160 815,204,183
2,434,335,810 2,515,956,981 2,678,448,769 2,950,725,972 3,258,455,495 3,651,540,095
201,039,254 213,890,030 264,755,570 351,891,826 462,711,141 614,058,049
234,729,344 235,742,926 231,537,768 289,633,579 366,221,809 446,157,803
54,441,069 53,892,167 53,787,044 53,431,144 52,663,419 55,368,492
2,961,209,674 2,994,976,051 3,065,376,539 3,473,354,010 4,003,338,655 4,496,772,320
462,781,527 467,145,435 492,461,305 532,214,943 631,310,850 751,050,294
278,775,802 298,484,907 348,882,421 380,813,632 396,089,627 388,879,015
272,855,490 285,776,108 290,972,935 - - -
1,300,325,692 1,280,534,130 1,347,447,867 1,440,161,111 1,647,018,985 1,843,695,586
- - - 29,802,401 69,195,917 122,372,070
201,762,794 190,834,924 190,738,715 206,478,736 240,902,387 255,064,938
31,707,271 37,428,294 38,770,279 45,310,459 46,687,692 50,150,278
- - - - - -
170,524,029 174,068,850 166,939,630 160,289,237 162,794,985 173,467,598
45,271,676 45,326,556 44,907,711 46,996,019 52,605,180 56,963,098
429,077,832 407,700,023 401,070,896 440,783,460 480,738,690 509,085,645
58,601,042 156,957,939 163,575,855 165,242,440 175,276,745 191,503,088
155,583,478 16,642,713 18,027,572 18,643,783 20,449,641 20,801,620
94,298,415,198 99,446,442,434 102,826,731,931 109,740,861,200 125,117,509,110 147,531,908,083
Sta
tist
ical
Sec
tion
86
TRAVIS CENTRAL APPRAISAL DISTRICT
Property Tax Levies by Taxing Entity
Last Ten Fiscal Years TAXING ENTITY
2006 2007 2008 2009
COUNTIES TRAVIS COUNTY
94,602,109,466 107,130,923,352 119,823,723,365 123,995,661,148
WILLIAMSON COUNTY
350,641,187 384,748,516 - -
TOTAL COUNTIES
94,952,750,653 107,515,671,868 119,823,723,365 123,995,661,148
SPECIAL DISTRICTS ACC DIST - WMSN CO
3,491,741 4,522,384 - 191,612
ANDERSON MILL LIMITED DISTRICT
- - - 9,405,969
ANDERSON MILL MUD
- - 8,642,308 -
AUSTIN MUD NO 1
315,906,543 275,495,001 377,864,131 259,944,511
AUSTIN MUD NO 2
134,989,815 144,890,825 158,329,932 166,090,386
AUSTIN MUD NO 3
17,821,625 58,021,152 102,911,347 105,076,404
BASTROP-TRAVIS COUNTIES ESD NO 1
- 119,471,974 138,668,443 143,413,922
BELLA VISTA MUD
74,742,119 93,097,017 104,388,950 102,146,627
BELVEDERE MUD
106,114 17,059,886 46,383,042 59,981,521
COTTONWD CREEK MUD NO 1
26,099,942 44,746,191 54,620,766 59,440,219
CYPRESS RANCH WCID NO 1
14,715,046 23,912,805 29,136,547 34,241,595
DOWNTOWN PUB IMP DIST
3,235,239,648 3,605,988,883 3,958,563,648 4,167,067,572
E SIXTH ST PUB IMP DIST
174,240,584 192,819,200 200,163,622 212,279,797
ELGIN TIRZ #1
- - - -
HURST CREEK MUD
425,577,999 465,438,119 503,889,883 509,246,499
KELLY LANE WCID NO 1
297,142 5,540,091 20,435,550 35,516,757
KELLY LANE WCID NO 2
273,698 568,143 717,790 714,533
LAGO VISTA MUD
6,725 - - -
LAKESIDE MUD NO 3
448,101 7,213,074 19,482,050 30,636,774
LAKESIDE WCID NO 1
71,856,990 91,799,456 102,499,428 113,411,102
LAKESIDE WCID NO 2
55,647 - - -
LAKESIDE WCID NO 2A
170,080 234,761 313,801 308,562
LAKESIDE WCID NO 2B
52,465,177 56,930,406 69,093,086 67,145,474
LAKESIDE WCID NO 2C
22,632,459 32,182,810 44,394,852 51,577,218
LAKESIDE WCID NO 2D
32,493 6,992,213 30,265,762 31,969,702
LAKEWAY MUD
840,594,795 918,040,853 1,018,268,618 1,043,771,477
LAZY NINE MUD
102,906 464,499 - -
LAZY NINE MUD NO 1A
- - 32,457 32,268
LAZY NINE MUD NO 1B
- - 293,018 772,677
LAZY NINE MUD NO 1C
- - 8,493 8,561
LAZY NINE MUD NO 1D
- - 13,212 12,635
LAZY NINE MUD NO 1E
- - 41,233 41,097
LOST CREEK MUD
576,531,144 606,523,175 673,774,346 647,247,297
MOORES CROSSING MUD
60,805,458 71,152,971 81,880,348 87,156,688
NE TCRD DIST NO 4 (WELLS PT)
94,565,333 100,379,708 98,018,812 93,789,819
NE TRAVIS CO ROAD DIST NO 2
1,078,730,565 962,486,330 880,602,874 757,168,468
NE TRAVIS CO UTILITY DIST
68,558,579 122,904,193 134,763,764 155,105,952
NORTH AUSTIN MUD NO 1
- - 76,180,062 79,572,961
NORTH TRAVIS CO MUD NO 5
- - - -
NORTHTOWN MUD
321,380,925 372,033,134 419,470,520 510,138,735
NW AUSTIN MUD NO 1
439,251,937 457,686,405 508,009,617 494,038,372
NW AUSTIN MUD NO 2
4,697,043,829 - - -
NW TR CO RD DIST 3 GLDN TRI
453,968,314 476,764,371 497,248,477 466,063,027
PILOT KNOB MUD NO 3
- - - -
PRESIDENTIAL GLEN MUD
2,699,100 2,118,600 6,871,445 4,616,506
Sta
tist
ical
Sec
tion
87
TABLE 7
Change in Net Position (2 OF 4)
2010 2011 2012 2013 2014 2015
118,418,917,319 122,782,233,073 126,354,983,405 134,540,112,926 152,528,518,994 177,859,746,653
- - - - - -
118,418,917,319 122,782,233,073 126,354,983,405 134,540,112,926 152,528,518,994 177,859,746,653
- - 93,278 - - -
9,274,862 8,860,065 9,045,437 9,088,168 10,690,770 10,958,074
- - - - - -
232,974,301 308,694,550 222,169,693 - - -
165,389,692 160,855,224 168,123,331 - - -
131,396,314 125,671,514 117,460,804 - - -
136,086,769 130,339,652 126,416,948 136,649,389 155,092,254 196,373,966
101,100,197 100,867,600 98,278,999 101,553,199 112,212,017 -
52,521,819 56,924,335 75,654,789 92,454,569 116,540,048 158,161,621
55,203,994 50,175,224 42,197,555 44,991,637 49,712,571 84,531,306
34,613,721 40,274,226 47,121,740 63,566,923 85,893,934 115,192,920
4,301,926,604 5,253,303,792 5,690,306,359 - - -
213,413,048 221,871,283 237,682,080 - - -
- - - 4,093,604 4,403,036 4,372,972
474,659,351 453,899,532 448,015,786 488,243,582 528,914,798 559,574,761
44,017,096 50,150,907 52,844,983 63,978,693 78,592,626 109,965,395
1,912,085 2,734,647 1,831,633 2,415,700 7,426,022 24,560,299
- - - - - -
33,099,882 38,375,075 56,451,721 69,470,144 94,635,992 122,767,359
106,785,954 106,122,085 112,007,976 113,686,943 125,229,757 138,976,633
- - - - - -
184,083 181,848 181,276 162,298 223,463 1,485,937
68,168,110 67,487,556 67,026,532 71,496,900 85,193,138 102,936,112
58,292,401 61,572,194 63,567,919 84,247,952 95,229,322 118,862,165
36,659,302 53,422,472 53,751,637 71,174,589 96,465,434 130,852,411
971,117,181 976,728,028 952,412,157 993,306,678 1,068,908,293 1,133,430,452
- - - - - -
29,700 30,049 155,129 - - -
460,458 461,000 516,913 27,228,287 70,833,609 143,024,234
7,740 7,589 44,220 - - -
11,423 11,678 70,784 - - -
37,157 38,449 38,245 - - -
609,524,368 630,167,140 658,709,979 713,050,260 773,724,968 916,576,186
72,668,705 77,478,253 68,920,023 70,597,006 89,030,655 117,584,310
89,845,982 91,754,147 94,417,638 - - -
673,389,158 699,315,236 721,845,732 - - -
150,360,888 157,081,649 157,430,262 172,966,638 208,875,229 235,431,378
77,200,201 74,981,518 74,688,253 75,799,786 81,641,005 91,537,333
- - - - - -
453,754,804 498,798,628 488,245,980 550,853,089 579,484,432 687,610,756
- 124,962 - - - -
- 33,853 39,066 - - -
397,554,870 394,508,453 435,720,089 - - -
- - - - 2,788,764 6,853,888
5,233,514 6,332,765 6,519,877 14,602,120 24,802,905 40,391,937
Sta
tist
ical
Sec
tion
88
TRAVIS CENTRAL APPRAISAL DISTRICT
Property Tax Levies by Taxing Entity
Last Ten Fiscal Years TAXING ENTITY
2006 2007 2008 2009
SPECIAL DISTRICTS REINVESTMENT ZONE # 1 CITY OF PFLUG
- - - -
RIVER PLACE MUD
442,765,865 477,393,950 493,192,575 538,131,089
RMMA REUSE & REDEVELOPMENT
64,343,082 101,973,194 164,530,108 317,670,349
RNCH @ CYPRSS CRK MUD 1
213,374,198 236,023,383 75,122,146 76,728,662
SENNA HILLS MUD
113,885,573 141,906,873 159,934,601 187,040,235
SHADY HOLLOW MUD
212,841,800 233,936,133 259,916,901 267,152,252
SOUTHEAST TRAVIS COUNTY MUD NO 1
- - - -
SOUTHEAST TRAVIS COUNTY MUD NO 2
- - - -
SUNFIELD MUD NO 1
- 5,904 6,001 5,984
SUNFIELD MUD NO 2
- 74,865 76,008 75,805
SUNFIELD MUD NO 3
- 11,340 11,902 11,876
SW TRAVIS CO RD DIST NO 1
695,721,408 867,070,944 1,045,637,212 1,151,351,491
TANGLEWD FOREST LTD DIST
238,585,951 262,195,984 277,811,644 279,343,978
TR CO RFP DIST NO 3
18,472 - - -
TRAVIS CENTRAL APP DIST
- - - -
TRAVIS CO BCCP
2,694,986,376 3,463,652,379 4,048,438,138 4,412,058,807
TRAVIS CO BEE CAVE ROAD DIST NO 1
- 54,011,050 173,138,516 158,856,234
TRAVIS CO ESD NO 1
1,681,434,242 1,930,813,723 2,209,850,809 2,326,798,780
TRAVIS CO ESD NO 10
963,795,330 1,136,995,221 1,267,044,378 1,312,381,599
TRAVIS CO ESD NO 11
739,181,797 728,095,863 792,203,019 795,980,014
TRAVIS CO ESD NO 12
819,046,622 957,738,130 1,063,615,208 1,112,269,006
TRAVIS CO ESD NO 13
33,379,764 38,797,412 49,084,254 48,912,575
TRAVIS CO ESD NO 14
803,260,709 980,438,697 1,059,724,433 1,100,279,707
TRAVIS CO ESD NO 2
- 5,219,343,375 5,913,725,021 6,366,662,333
TRAVIS CO ESD NO 3
1,713,215,412 1,905,576,950 2,108,322,318 2,183,487,427
TRAVIS CO ESD NO 4
1,483,872,491 1,611,095,550 1,727,152,041 1,578,496,034
TRAVIS CO ESD NO 5
719,804,618 819,646,174 878,878,696 916,005,050
TRAVIS CO ESD NO 6
6,396,606,049 7,617,605,418 8,810,472,653 9,256,241,042
TRAVIS CO ESD NO 7
- - - -
TRAVIS CO ESD NO 8
1,079,098,281 1,289,929,657 1,465,233,647 1,521,737,524
TRAVIS CO ESD NO 9
4,637,324,498 5,136,340,688 5,767,507,778 5,684,513,791
TRAVIS CO MUD NO 10
54,955,152 60,616,842 68,464,789 100,370,196
TRAVIS CO MUD NO 11
7,902,722 30,545,722 68,169,711 95,346,535
TRAVIS CO MUD NO 12
6,743,451 6,523,144 9,004,183 8,998,842
TRAVIS CO MUD NO 13
8,329,405 8,080,148 9,821,601 9,839,457
TRAVIS CO MUD NO 14
34,555,526 56,498,958 69,703,458 76,748,247
TRAVIS CO MUD NO 15
76,162,768 108,848,832 137,686,034 155,892,991
TRAVIS CO MUD NO 16
- - 470,973 468,243
TRAVIS CO MUD NO 17
- - - -
TRAVIS CO MUD NO 18
- - - -
TRAVIS CO MUD NO 2
73,675,734 99,762,317 128,627,708 136,059,489
TRAVIS CO MUD NO 21
- - - -
TRAVIS CO MUD NO 3
385,530,609 448,760,257 504,045,841 527,767,352
TRAVIS CO MUD NO 4
61,805,249 66,033,186 67,434,211 60,093,043
TRAVIS CO MUD NO 5
21,495,136 45,313,687 75,449,748 90,717,659
TRAVIS CO MUD NO 6
100,062,233 131,222,846 155,915,620 157,318,405
TRAVIS CO MUD NO 7
1,697,576 1,696,941 1,692,179 1,690,455
TRAVIS CO MUD NO 8
34,682,861 52,153,356 69,322,387 68,652,509
TRAVIS CO MUD NO 9
3,487,078 3,680,470 3,581,021 3,570,108
TRAVIS CO RFP DIST NO 6
- - - -
TRAVIS COUNTY HEALTHCARE DISTRICT
94,685,699,543 107,127,454,644 119,816,481,779 123,976,721,646
Sta
tist
ical
Sec
tion
89
TABLE 7
Change in Net Position (3 OF 4)
2010 2011 2012 2013 2014 2015
- 7,603,811 9,172,964 29,802,401 69,195,917 -
498,963,974 492,503,884 490,572,867 502,385,407 570,863,580 615,042,998
386,249,627 433,603,957 517,726,887 596,642,390 835,353,051 -
68,529,045 68,208,111 66,401,666 71,596,372 81,480,772 87,208,511
3,449,695 203,015,457 217,767,733 233,736,278 262,704,335 280,255,127
254,992,612 248,278,130 248,625,606 249,737,177 282,282,410 307,214,946
- - - 25,735 25,529 24,196
- - - 82,783 82,293 79,500
5,884 5,938 5,756 6,067 5,890 234,604
74,584 75,244 73,009 70,518 74,799 -
11,719 11,803 11,514 11,193 10,470 -
1,098,672,534 1,118,673,533 1,072,778,884 - - -
272,931,007 272,665,423 255,481,025 272,219,270 308,535,875 339,653,151
- - - - - -
- - - 136,144,681,355 154,173,699,873 -
5,637,855,752 5,730,628,564 6,112,496,173 - - -
118,624,066 122,207,598 158,578,877 180,015,203 197,683,903 351,274,807
2,259,443,667 2,248,109,848 2,278,753,262 2,233,404,472 2,326,808,996 2,460,977,412
1,274,196,179 1,310,462,566 1,337,684,104 1,407,667,407 1,576,943,934 1,716,014,517
418,114,196 776,454,857 783,149,387 819,963,969 903,410,889 992,330,108
1,043,547,150 1,045,481,878 1,095,194,218 1,227,916,123 1,363,500,981 1,614,719,800
48,529,134 49,525,135 51,234,702 52,537,909 56,827,612 60,641,259
1,094,974,877 1,116,584,429 857,120,382 873,563,278 939,139,942 550,547,245
6,159,348,195 6,195,034,654 6,323,367,816 6,923,015,112 7,914,165,484 9,141,662,737
2,088,714,408 2,095,539,086 2,138,030,861 2,226,297,161 2,468,355,024 2,888,717,016
1,482,428,586 1,478,440,934 1,448,332,299 1,486,353,532 1,634,727,185 1,851,386,664
897,589,909 890,591,710 901,481,765 946,168,356 1,100,214,321 1,125,264,176
750,622,154 9,117,902,956 9,634,947,986 10,333,823,268 11,550,754,724 13,163,383,834
- 963,875 2,243,492 - - -
1,521,478,393 1,549,511,884 1,534,571,515 1,581,639,870 1,682,994,325 1,828,247,333
5,311,275,071 5,305,035,836 5,460,871,795 5,752,544,762 6,459,425,689 7,229,722,413
100,118,910 107,998,867 104,619,730 99,591,708 104,423,699 108,814,718
100,466,756 122,995,240 132,205,826 160,218,886 203,897,133 250,789,599
6,938,919 6,813,122 8,350,648 14,402,840 30,910,519 81,142,895
6,419,636 6,824,124 17,077,079 27,655,576 42,266,631 65,046,903
72,137,320 66,659,558 57,640,997 68,516,576 82,062,250 96,045,246
158,949,835 175,116,503 188,063,347 232,878,169 291,201,382 363,040,080
463,297 14,010,726 43,236,971 64,700,684 100,540,648 139,860,162
- - - 212,010 6,252,268 20,309,611
- - - 1,400,324 5,586,938 36,021,263
121,367,756 114,150,531 109,668,665 116,004,074 127,383,048 155,525,197
- - - 2,005,837 1,643,197 33,902,372
488,301,721 498,517,907 516,553,732 541,504,612 575,202,809 679,045,610
53,632,479 52,820,202 58,052,418 65,439,269 72,570,678 115,778,271
83,116,335 81,028,206 81,042,058 86,167,785 120,874,515 147,408,548
149,257,829 148,387,245 142,993,702 156,761,603 166,668,967 175,439,252
1,689,767 1,687,265 1,692,361 1,694,479 1,696,567 4,989,216
62,942,457 61,005,748 61,392,931 65,119,003 75,268,330 81,830,939
5,545,668,880 3,500,989 3,423,108 3,418,902 3,512,444 3,948,203
8,928,459,471 160,880 182,325 - - -
118,418,783,291 122,776,723,219 126,351,449,347 134,536,864,014 152,525,329,214 177,857,197,402
Sta
tist
ical
Sec
tion
90
TRAVIS CENTRAL APPRAISAL DISTRICT
Property Tax Levies by Taxing Entity
Last Ten Fiscal Years
TAXING ENTITY
2006 2007 2008 2009
SPECIAL DISTRICTS TRAVIS-CREEDMOOR MUD
- - 284,762 5,797,462
WALLER CREEK TIF
- - 391,771,817 498,525,964
WCID 17 COMANCHE TRAILS (DA)
93,055,275 116,157,692 128,275,434 131,410,753
WCID 17 FLINTROCK (DA)
94,262,227 139,854,116 183,076,075 204,413,777
WCID 17 SERENE HILLS (DA)
- - - -
WCID 17 SOUTHVIEW (DA)
13,371,551 13,869,610 18,761,805 20,345,928
WCID 17 STEINER RANCH (DA)
922,454,420 1,238,937,147 1,396,625,761 1,555,569,104
WCID NO 10
2,027,957,013 2,273,105,662 2,571,572,694 2,715,252,826
WCID NO 14
457,813,051 5,489,884 4,733,950 4,268,478
WCID NO 17
2,484,978,785 3,177,619,403 3,655,562,675 3,914,784,598
WCID NO 18
360,384,734 429,480,260 469,705,700 479,475,132
WCID NO 19
180,788,989 203,096,077 184,288,376 198,803,195
WCID NO 20
286,816,703 307,119,059 339,977,959 343,687,311
WCID NO 21
374,829 504,817 571,570 1,763,261
WCID POINT VENTURE
121,521,355 136,761,771 154,895,605 172,415,362
WELLS BRANCH MUD
691,196,903 755,012,689 870,827,447 896,972,489
WEST CYPRESS HILLS WCID NO 1
42,702 69,633 74,791 73,237
WEST TRAVIS CO MUD NO 3
174,501,587 182,441,419 200,705,282 196,679,858
WEST TRAVIS CO MUD NO 5
171,459,603 194,142,212 208,659,900 203,368,261
WEST TRAVIS CO MUD NO 6
69,668,413 114,205,255 157,047,544 195,523,513
WEST TRAVIS CO MUD NO 7
3,341,172 3,635,536 3,624,723 5,481,808
WEST TRAVIS CO MUD NO 8
64,585,149 89,854,729 109,844,066 100,352,762
WILBARGER CRK MUD NO 1
624,627 5,924,378 8,693,422 10,639,550
WILBARGER CRK MUD NO 2
2,463,468 3,359,268 3,494,556 3,114,268
WILLIAMSON/TRAVIS MUD NO 1
- - 91,983,769 99,015,790
WMSN CO WSID DIST 3
9,379,131 18,183,231 27,348,680 46,452,469
WMSN-TR CO WCID NO 1A
- - - -
WMSN-TR CO WCID NO 1C
- - - -
WMSN-TR CO WCID NO 1D
135,405,691 186,263,381 220,663,559 241,183,903
WMSN-TR CO WCID NO 1F
15,284,404 31,775,798 45,094,066 46,720,206
WMSN-TR CO WCID NO 1G
178,652,140 232,080,971 240,399,361 239,939,107
TOTAL SPECIAL DISTRICTS
143,069,114,076 162,654,286,835 183,051,308,833 190,093,820,489
TOTAL APPRAISED VALUE
$ 484,813,024,491 $ 549,437,989,344 $ 614,573,021,346 $ 638,709,931,810
SOURCE: Travis Central Appraisal District- Internal Management Reports
Sta
tist
ical
Sec
tion
91
TABLE 7
Change in Net Position (4 OF 4)
2010 2011 2012 2013 2014 2015
5,539,404 11,358,946 12,137,207 - - -
484,233,353 724,479,480 764,168,295 816,258,785 948,143,932 -
139,167,436 146,263,874 157,924,993 - - -
197,679,337 208,824,545 215,746,840 229,280,153 256,695,419 283,528,965
450,965 1,783,759 3,476,330 9,702,523 27,414,355 64,054,601
21,049,802 21,032,354 20,972,504 - - -
1,556,282,554 1,609,167,202 1,761,437,224 1,840,515,522 2,041,349,920 2,217,542,124
2,465,426,614 2,440,326,288 2,564,738,289 2,802,717,356 3,214,079,840 3,614,229,758
3,986,440 601,316 3,751,814 - - -
3,899,941,289 4,063,617,569 4,512,308,248 4,820,970,829 5,306,994,881 5,799,691,974
463,557,434 467,328,007 462,227,229 474,794,178 552,994,939 599,923,890
173,155,146 173,523,687 174,191,526 175,434,373 174,706,098 226,028,965
333,038,372 332,612,811 340,611,109 343,266,386 347,557,937 404,201,704
1,748,420 1,598,404 1,598,024 - - -
166,167,418 169,694,241 162,556,364 156,760,953 159,727,719 170,411,271
845,782,358 838,346,850 846,248,085 906,600,341 1,000,467,739 1,141,532,278
71,995 72,554 72,057 - - -
182,335,632 180,442,683 184,031,240 197,260,525 206,500,303 223,052,779
180,562,556 192,038,490 200,837,187 206,957,098 223,199,702 235,360,728
209,023,181 201,794,402 226,748,234 267,056,130 306,150,968 411,166,898
4,288,093 2,648,525 3,739,589 - - -
90,276,958 93,627,591 104,490,191 115,131,086 126,320,413 141,359,632
11,924,440 12,930,586 13,856,359 20,586,475 23,558,988 40,913,303
3,114,268 3,589,986 3,600,663 3,589,887 3,710,059 6,335,781
89,139,997 90,971,517 87,782,686 90,356,543 99,825,556 105,991,360
47,018,182 48,538,746 47,629,736 46,785,616 51,569,232 58,814,583
- - 48,025 - - -
- - - - - -
243,101,506 258,677,686 - - - -
49,219,821 51,982,801 43,205,775 48,664,155 62,199,558 -
230,719,198 241,816,374 229,620,076 231,482,481 255,339,606 -
188,846,214,980 189,604,849,885 195,374,082,512 328,230,313,268 371,231,611,246 248,016,890,840
$ 611,391,012,277 $ 635,111,271,319 $ 654,584,261,119 $ 817,438,541,539 $ 926,894,167,068 $ 898,546,911,037
Sta
tist
ical
Sec
tion
92
TRAVIS CENTRAL APPRAISAL DISTRICT
Tax Rates by Taxing Entity
Last Ten Fiscal Years TAXING ENTITY
2006
2007 2008 2009
SCHOOL DISTRICT AUSTIN COMM COLL DIST
0.0965
0.0958 0.0954 0.0946
AUSTIN ISD
1.4930
1.1630 1.2020 1.2020
COUPLAND ISD
1.3700
1.0401 1.0401 1.0401
DEL VALLE ISD
1.7277
1.4800 1.4800 1.4800
DRIPPING SPRINGS ISD
1.6801
1.4153 1.4900 1.4900
EANES ISD
1.5625
1.2025 1.2025 1.2025
ELGIN ISD
1.6500
1.4400 1.4800 1.4500
HAYS CONSOLIDATED ISD
1.7780
1.4613 1.4613 1.4613
HUTTO ISD
1.7050
1.4100 - -
JOHNSON CITY ISD
1.4325
1.1780 1.1915 1.1860
LAGO VISTA ISD
1.5650
1.2000 1.1800 1.1800
LAKE TRAVIS ISD
1.6186
1.3585 1.3159 1.3159
LEANDER ISD
1.6438
1.3334 1.3792 1.4223
MANOR ISD
1.7680
1.5150 1.5350 1.5150
MARBLE FALLS ISD
1.4716
1.2350 1.2550 1.2850
PFLUGERVILLE ISD
1.6800
1.4700 1.4600 1.4600
ROUND ROCK ISD
1.6406
1.3238 1.3324 1.3800
CITIES
CITY OF AUSTIN
0.4126
0.4034 0.4012 0.4209
CITY OF AUSTIN/HAYS CO
0.4126
0.4034 - -
CITY OF AUSTIN/WMSN CO
-
- - -
CITY OF BEE CAVE
0.0200
0.0200 0.0200 0.0200
CITY OF CEDAR PARK
0.5181
0.5081 0.4890 0.4890
CITY OF ELGIN
0.7148
0.7300 0.7588 0.7588
CITY OF JONESTOWN
0.5625
0.5425 0.5425 0.5350
CITY OF LAGO VISTA
0.5969
0.5800 0.5700 0.5700
CITY OF LAKEWAY
0.2200
0.2139 0.1827 0.1929
CITY OF LEANDER
0.5983
0.6076 0.6026 0.6004
CITY OF MANOR
0.3981
0.6135 0.6582 0.6734
CITY OF MUSTANG RIDGE
0.2423
0.2493 0.2707 0.3065
CITY OF PFLUGERVILLE
0.6240
0.6190 0.6140 0.6090
CITY OF ROLLINGWOOD
0.1200
0.1159 0.1142 0.1116
CITY OF ROUND ROCK
0.3711
0.3652 0.3652 0.3966
CITY OF WEST LAKE HILLS
0.0534
0.0534 0.0534 0.0534
VILLAGE OF BRIARCLIFF
0.0962
0.0962 0.0962 0.0962
VILLAGE OF CREEDMOOR
0.2799
0.2799 0.2799 0.2799
VILLAGE OF POINT VENTURE
0.0400
0.0600 0.0600 0.0900
VILLAGE OF SAN LEANNA
0.2498
0.2498 0.2498 0.2498
VILLAGE OF THE HILLS
0.0400
0.0400 0.0400 0.0400
VILLAGE OF VOLENTE
0.1256
0.1230 0.1286 0.1286
VILLAGE OF WEBBERVILLE
0.2750
0.2750 0.3025 0.3025
COUNTY
TRAVIS COUNTY
0.4499
0.4216 0.4122 0.4215
Sta
tist
ical
Sec
tion
93
TABLE 8
Change in Net Position (1 OF 4)
2010
2011
2012
2013
2014 2015
0.0951
0.0948
0.0951
0.0949 0.0942 0.1005
1.2270
1.2420
1.2420
1.2420
1.2220
1.2020
1.0401
1.0401
1.0401
1.0401
1.0401
1.0401
1.5300
1.5300
1.5300
1.4700
1.4700
1.5300
1.4900
1.6200
1.4900
1.4900
1.5200
1.5200
1.2025
1.2125
1.2125
1.2125
1.2125
1.2125
1.5400
1.5400
1.5400
1.5400
1.5400
1.5400
1.4613
1.4613
1.4613
1.4613
1.5377
1.5377
-
-
-
-
-
-
1.1936
1.1930
1.1923
1.1600
1.1482
1.1458
1.1800
1.1800
1.3200
1.3200
1.3200
1.3200
1.3159
1.3159
1.4075
1.4075
1.4075
1.4075
1.4548
1.4998
1.5119
1.5119
1.5119
1.5119
1.5150
1.5150
1.5150
1.5150
1.5150
1.5150
1.2900
1.2900
1.2800
1.2800
1.2800
1.2800
1.4600
1.4800
1.5400
1.5400
1.5400
1.5400
1.3800
1.3350
1.3800
1.3674
1.3375
1.3325
0.4571
0.4811
0.5029
0.5027 0.4809 0.4589
-
-
-
-
-
-
-
-
-
-
-
-
0.0200
0.0200
0.0200
0.0200
0.0200
0.0200
0.4935
0.4935
0.4935
0.4925
0.4850
0.4795
0.7776
0.7539
0.7539
0.7539
0.7501
0.6569
0.5600
0.5600
0.5750
0.5750
0.5656
0.5656
0.6200
0.6300
0.6300
0.6500
0.6500
0.6500
0.1996
0.1996
0.1815
0.1748
0.1700
0.1700
0.6504
0.6704
0.6704
0.6679
0.6529
0.6329
0.8026
0.8212
0.8945
0.8095
0.7118
0.7118
0.3371
0.3578
0.3825
0.4188
0.4998
0.4950
0.6040
0.5990
0.5940
0.5736
0.5336
0.5405
0.1348
0.1446
0.2136
0.2264
0.2066
0.2021
0.4173
0.4173
0.4204
0.4195
0.4147
0.4147
0.0534
0.0534
0.0534
0.0534
0.0534
0.0572
0.0962
0.1175
0.1175
0.1175
0.1605
0.1605
0.3109
0.3109
0.4190
0.3873
0.3873
0.3800
0.0900
0.0900
0.0900
0.1050
0.1095
0.1095
0.2498
0.2498
0.2498
0.2498
0.2498
0.2498
0.0360
0.0298
0.0270
0.0248
0.0249
0.0600
0.1286
0.1286
0.1215
0.1300
0.1300
0.1000
0.3025
0.3025
0.2819
0.2774
0.2774
0.3051
0.4658
0.4855
0.5001
0.4946 0.4563 0.4169
Sta
tist
ical
Sec
tion
94
TRAVIS CENTRAL APPRAISAL DISTRICT
Tax Rates by Taxing Entity
Last Ten Fiscal Years TAXING ENTITY
2006
2007 2008 2009
SPECIAL DISTRICTS
ANDERSON MILL MUD
-
- 0.4000 0.1300
BASTROP-TRAVIS CO ESD NO 1
-
0.1000 0.1000 0.0972
BELLA VISTA MUD
0.7979
0.7681 0.6056 0.5000
BELVEDERE MUD
0.4500
0.4500 0.4500 0.4500
COTTONWD CREEK MUD NO 1
0.8968
0.8968 0.8968 0.8968
CYPRESS RANCH WCID NO 1
0.7200
0.7800 0.8150 0.9000
HURST CREEK MUD
0.4821
0.4821 0.4320 0.4200
KELLY LANE WCID NO 1
0.9500
0.9500 0.9500 0.9500
KELLY LANE WCID NO 2
-
- 0.9500 0.9500
LAKESIDE MUD NO 3
0.9000
0.9000 0.9000 0.9000
LAKESIDE WCID NO 1
0.8700
0.8500 0.8500 0.8500
LAKESIDE WCID NO 2A
-
- 0.9700 0.9700
LAKESIDE WCID NO 2B
0.8700
0.9700 0.9700 0.9700
LAKESIDE WCID NO 2C
0.8200
0.9000 0.9000 0.9400
LAKESIDE WCID NO 2D
0.8700
0.9700 0.9700 0.9700
LAKEWAY MUD
0.2305
0.2122 0.1922 0.1967
LAZY NINE MUD NO 1B LOST CREEK MUD
0.1164
0.1716 0.1647 0.1711
MOORES CROSSING MUD
0.7300
0.7595 0.7595 0.7595
NE TRAVIS CO UTILITY DISTRICT
0.9300
0.8993 0.8993 0.8993
NORTH AUSTIN MUD NO 1
-
- 0.4050 0.3801
NORTHTOWN MUD
0.7500
0.7500 0.7500 0.7500
NW AUSTIN MUD NO 1
0.2900
0.2750 0.2525 0.2427
NW TR CO RD DIST 3 GLDN TRI
0.1300
0.1100 0.1100 0.1250
PILOT KNOB MUD NO 3
-
- - -
PRESIDENTIAL GLEN MUD
0.5019
0.5019 0.5019 0.5019
RIVER PLACE MUD
0.4000
0.3500 0.3500 0.3350
RNCH @ CYPRSS CRK MUD 1
0.6400
0.6282 0.6102 0.6304
SENNA HILLS MUD
0.6075
0.5600 0.5400 0.5774
SHADY HOLLOW MUD
0.1500
0.1491 0.1469 0.0500
SUNFIELD MUD NO 1
-
0.9000 0.9000 0.9000
SUNFIELD MUD NO 2
-
0.9000 0.9000 0.9000
SUNFIELD MUD NO 3
-
0.9000 0.9000 0.9000
TANGLEWD FOREST LTD DIST
0.3675
0.2200 0.2100 0.2100
TRAVIS CO BEE CAVE RD DIST 1
-
- 0.4700 0.6984
TRAVIS CO ESD NO 1
0.1000
0.1000 0.1000 0.1000
TRAVIS CO ESD NO 10
0.1000
0.1000 0.1000 0.1000
TRAVIS CO ESD NO 11
0.0900
0.0900 0.1000 0.1000
TRAVIS CO ESD NO 12
0.1000
0.1000 0.1000 0.1000
TRAVIS CO ESD NO 13
0.1000
0.1000 0.1000 0.1000
TRAVIS CO ESD NO 14
0.1000
0.1000 0.1000 0.1000
TRAVIS CO ESD NO 2
0.1000
0.1000 0.1000 0.0997
TRAVIS CO ESD NO 3
0.1000
0.1000 0.1000 0.1000
Sta
tist
ical
Sec
tion
95
TABLE 8
Change in Net Position (2 OF 4)
2010
2011
2012
2013
2014 2015
0.1300
0.1300
0.1300
0.1367 0.1300 0.1260
0.1000
0.0952
0.0954
0.0944
0.0996
0.0933
0.5042
0.5042
0.5042
0.5042
0.4990
0.0000
0.4500
0.4500
0.4500
0.4500
0.4500
0.4250
0.9500
0.9700
1.1000
1.0900
0.9500
0.9170
0.9000
0.9000
0.9000
0.9000
0.9000
0.9000
0.4490
0.4990
0.4270
0.3950
0.3710
0.3632
0.9500
0.9500
0.9500
0.9500
0.9500
0.9500
0.9500
0.9500
0.9500
0.9500
0.9500
0.9500
0.9000
0.9000
0.9000
0.9000
0.8775
0.8470
0.9000
0.9000
0.8800
0.8500
0.8000
0.8000
0.9700
0.9700
0.9700
0.9700
0.9700
0.9700
0.9700
0.9700
0.9700
0.9700
0.9700
0.9700
0.9700
0.9700
0.9700
0.9700
0.9700
0.9700
0.9700
0.9700
0.9700
0.9700
0.9700
0.9700
0.2052
0.2052
0.2052
0.1963
0.1836
0.1536
-
-
-
1.0100
1.0100
1.0100
0.1711
0.1711
0.1250
0.1150
0.0800
0.0760
0.9100
0.9100
0.9900
0.9900
0.9580
0.9324
0.8993
0.8993
0.8993
0.8993
0.8760
0.8610
0.3819
0.3819
0.3719
0.3450
0.3399
0.3170
0.7500
0.7500
0.7500
0.7500
0.7360
0.7220
0.1450
0.1550
-
-
-
-
0.5019
0.5019
0.1300
-
-
-
-
-
-
-
0.9500
0.9500
0.3350
0.3350
0.5019
0.5019
0.5019
0.5019
0.7065
0.7065
0.3350
0.3350
0.3129
0.2313
0.5774
0.5326
0.6333
0.5128
0.4330
0.3650
0.0500
0.0500
0.5490
0.5490
0.5411
0.5411
0.9000
0.9000
0.0500
0.0500
0.0493
0.0489
0.2030
0.2030
0.9000
0.9000
0.9000
0.9000
0.8900
0.9600
-
-
-
-
0.1000
0.1000
-
-
-
-
0.1000
0.1000
0.2030
0.1930
0.1830
0.1788
0.1000
0.0997
0.7000
0.6285
0.5706
0.3215
0.1000
0.1000
0.1000
0.1000
0.1000
0.1000
0.1000
0.1000
0.1000
0.1000
0.1000
0.1000
0.1000
0.1000
0.0978
0.1000
0.0981
0.1000
0.1000
0.1000
0.1000
0.1000
0.1000
0.1000
0.1000
0.1000
0.1000
0.1000
0.1000
0.1000
0.1000
0.1000
0.1000
0.1000
0.1000
0.1000
0.1000
0.1000
0.1000
0.1000
0.0982
0.0958
0.1000
0.1000
0.0989
0.0964
0.0908
0.0900
Sta
tist
ical
Sec
tion
96
TRAVIS CENTRAL APPRAISAL DISTRICT
Tax Rates by Taxing Entity
Last Ten Fiscal Years
TAXING ENTITY
2006 2007 2008 2009
SPECIAL DISTRICTS
TRAVIS CO ESD NO 4
0.0905 0.1000 0.0986 0.1000
TRAVIS CO ESD NO 5
0.1000 0.1000 0.1000 0.1000
TRAVIS CO ESD NO 6
0.1000 0.1000 0.1000 0.1000
TRAVIS CO ESD NO 7
- - -
TRAVIS CO ESD NO 8
0.0900 0.1000 0.1000 0.1000
TRAVIS CO ESD NO 9
0.0800 0.0800 0.0800 0.0850
TRAVIS CO MUD NO 10
0.7914 0.7500 0.7470 0.7470
TRAVIS CO MUD NO 11
0.7725 0.7725 0.7725 0.7725
TRAVIS CO MUD NO 12
- - - -
TRAVIS CO MUD NO 13
- - - -
TRAVIS CO MUD NO 14
0.8800 0.7909 0.7909 0.8500
TRAVIS CO MUD NO 15
0.2500 0.2500 0.2925 0.3325
TRAVIS CO MUD NO 16
- - 0.9000 0.9000
TRAVIS CO MUD NO 17
- - - -
TRAVIS CO MUD NO 18
- - - -
TRAVIS CO MUD NO 2
0.9000 0.9000 0.8800 0.8800
TRAVIS CO MUD NO 21
- - - -
TRAVIS CO MUD NO 3
0.5425 0.5232 0.4950 0.4950
TRAVIS CO MUD NO 4
0.6927 0.6927 0.6715 0.7296
TRAVIS CO MUD NO 5
0.9089 0.9089 0.9089 0.8571
TRAVIS CO MUD NO 6
0.5182 0.4831 0.4531 0.4665
TRAVIS CO MUD NO 7
0.9089 0.9089 0.9089 0.9089
TRAVIS CO MUD NO 8
0.7796 0.7213 0.7213 0.7213
TRAVIS CO MUD NO 9
0.8920 0.8756 0.8756 0.8756
TRAVIS CO HEALTHCARE DISTRICT
0.0734 0.0693 0.0679 0.0674
WCID 17 COMANCHE TRAILS (DA)
0.1036 - - -
WCID 17 FLINTROCK (DA)
0.4205 0.4382 0.3982 0.4000
WCID 17 SERENE HILLS (DA)
- - - -
WCID 17 STEINER RANCH (DA)
0.5915 0.6150 0.5494 0.5249
WCID NO 10
0.0463 0.0436 0.0402 0.0390
WCID NO 17
0.0599 0.0575 0.0575 0.0575
WCID NO 18
0.2521 0.2295 0.2136 0.2081
WCID NO 19
0.2250 0.2250 0.2250 0.2250
WCID NO 20
0.3537 0.3500 0.3250 0.3200
WCID POINT VENTURE
0.4982 0.4652 0.3913 0.3613
WELLS BRANCH MUD
0.4800 0.4800 0.4700 0.4700
WEST TRAVIS CO MUD NO 3
0.0900 0.1000 0.1200 0.1750
WEST TRAVIS CO MUD NO 5
0.3200 0.3050 0.3000 0.3000
WEST TRAVIS CO MUD NO 6
0.4500 0.4500 0.4500 0.4500
WEST TRAVIS CO MUD NO 8
0.5500 0.6000 0.6000 0.8000
WILBARGER CREEK MUD NO 1
0.9500 0.9500 0.9500 0.9500
WILBARGER CREEK MUD NO 2
0.9500 0.9500 0.9500 0.9500
WILLIAMSON/TRAVIS MUD NO 1
- - 0.7225 0.7140
Sta
tist
ical
Sec
tion
97
TABLE 8
Change in Net Position (3 OF 4)
2010
2011
2012
2013
2014 2015
0.1000
0.1000
0.1000
0.0999
0.1000
0.0914
0.0850
0.0858
0.1000
0.0978
0.1000
0.0918
0.7470
0.7470
0.1000
0.1000
0.1000
0.1000
-
-
-
-
-
0.0000
0.7725
0.7725
0.1000
0.0998
0.0998
0.0998
0.1000
0.1000
0.0845
0.0808
0.0751
0.0742
0.1000
0.1000
0.7270
0.7270
0.7800
0.7800
0.9500
0.9903
0.7725
0.7725
0.7725
0.7375
-
-
0.7725
0.7725
0.7725
0.7725
-
-
0.7725
0.7725
0.7725
0.7725
0.3325
0.3325
1.0792
0.9900
0.9400
0.9050
0.9500
0.9500
0.3325
0.3325
0.3325
0.3325
0.9700
0.9700
0.9500
0.9500
0.9500
0.9500
-
-
-
0.9500
0.9500
0.9500
-
-
-
0.7500
0.7500
0.7500
0.5000
0.4800
0.9800
0.9800
0.9745
0.9585
-
-
-
0.3125
0.3125
0.3125
0.7296
0.7296
0.5200
0.5000
0.4841
0.4825
0.8571
0.8571
0.7296
0.7296
0.7296
0.7296
0.4750
0.4750
0.8120
0.8120
0.7693
0.7428
0.9089
0.9089
0.4750
0.4710
0.4600
0.4600
0.7213
0.7213
0.9089
0.9089
0.9089
0.9089
0.8756
0.8756
0.7213
0.7213
0.7213
0.7145
0.0719
0.0789
0.8756
0.8756
0.8756
0.8595
0.4223
0.4500
0.0789
0.1290
0.1264
0.1178
-
-
-
-
-
-
0.6500
0.6500
0.4988
0.4656
0.4526
0.4505
-
-
0.6500
0.6500
0.6500
0.6500
0.5248
0.5200
0.4926
0.4498
0.4285
0.3751
0.0260
0.0279
0.0288
0.0297
0.0295
0.0294
0.0600
0.0600
0.0600
0.0575
0.0575
0.0585
0.2081
0.2081
0.2156
0.2113
0.0950
0.0952
0.2600
0.2600
0.2600
0.2600
0.2600
0.2400
0.3200
0.3200
0.3125
0.2400
0.2300
0.2072
0.3613
0.3613
0.3851
0.3991
0.3991
0.6253
0.4700
0.4700
0.4700
0.4600
0.4300
0.3900
0.2500
0.2720
0.2720
0.2720
0.2720
0.2820
0.2800
0.2800
0.2600
0.2600
0.2600
0.2600
0.4500
0.4500
0.4500
0.4500
0.4500
0.4500
0.8894
0.8894
0.8894
0.8400
0.7300
0.6110
0.9500
0.9500
0.9500
0.9484
0.9250
0.9080
0.9500
0.9500
0.9500
0.9500
0.9500
0.9500
0.6640
0.6620
0.6570
0.6150
0.5400
0.5100
Sta
tist
ical
Sec
tion
98
TRAVIS CENTRAL APPRAISAL DISTRICT
Tax Rates by Taxing Entity
Last Ten Fiscal Years TAXING ENTITY
2006
2007 2008 2009
SPECIAL DISTRICTS
WMSN CO WSID DIST 3
-
- 0.7730 0.7999
WMSN-TR CO WCID NO 1D
0.7800
0.7426 0.5412 0.4210
WMSN-TR CO WCID NO 1F
0.9500
0.9500 0.9000 0.9000
WMSN-TR CO WCID NO 1G
0.6816
0.6074 0.5761 0.5620
SOURCE: Travis Central Appraisal District- Internal Management Reports
Sta
tist
ical
Sec
tion
99
TABLE 8
Change in Net Position (4 OF 4)
2010
2011
2012
2013
2014 2015
0.8150
0.8150
0.8150
0.8150
0.8082
0.7306
0.4210
0.4210
-
-
-
-
0.9000
0.9000
0.9000
0.9000
0.9000
-
0.5758
0.5565
0.5562
0.5401
0.5368
-
Sta
tist
ical
Sec
tion
100
TRAVIS CENTRAL APPRAISAL DISTRICT
Appraised Value by Taxing Entity
Last Ten Fiscal Years TAXING ENTITY
2006 2007 2008 2009
SCHOOL DISTRICTS AUSTIN COMM COLL DIST
$ 76,222,533,853 $ 86,077,451,588 $ 95,728,069,724 $ 100,814,932,581
AUSTIN ISD
56,308,881,914 63,094,101,286 70,533,145,307 73,467,671,340
COUPLAND ISD
4,145,527 3,971,016 4,173,003 4,081,685
DEL VALLE ISD
3,512,690,816 3,946,975,455 4,227,709,391 4,196,623,729
DRIPPING SPRINGS ISD
12,208,705 17,769,487 16,245,424 16,282,065
EANES ISD
8,403,322,186 9,384,826,237 10,611,029,806 10,702,862,335
ELGIN ISD
148,578,093 187,201,903 222,388,484 228,739,227
HAYS CONSOLIDATED ISD
8,329,911 8,481,262 7,873,315 11,513,965
HUTTO ISD
3,840,895 4,588,474 - -
JOHNSON CITY ISD
7,695,999 10,414,843 11,102,862 9,894,577
LAGO VISTA ISD
1,145,330,631 1,341,820,736 1,542,108,661 1,637,514,251
LAKE TRAVIS ISD
5,583,860,466 6,522,817,346 7,568,687,493 7,863,134,421
LEANDER ISD
4,931,194,729 5,873,521,257 6,177,567,405 6,489,222,286
MANOR ISD
2,335,247,996 2,848,385,566 3,730,969,280 4,217,760,956
MARBLE FALLS ISD
398,909,109 471,867,680 590,531,735 572,212,154
PFLUGERVILLE ISD
7,066,752,458 8,006,507,992 8,520,918,319 8,591,120,667
ROUND ROCK ISD
5,161,615,770 5,781,282,307 6,055,273,153 5,981,779,112
TOTAL SCHOOL DISTRICTS
171,255,139,058 193,581,984,435 215,547,793,362 224,805,345,351
CITIES CITY OF AUSTIN
67,455,087,491 76,232,216,305 84,891,503,376 88,023,044,312
CITY OF AUSTIN/HAYS CO
558,400 558,400 - -
CITY OF AUSTIN/WMSN CO
13,851,325 81,618 - -
CITY OF BEE CAVE
565,121,802 670,903,514 903,217,568 922,713,828
CITY OF CEDAR PARK
90,478,552 96,687,752 79,980,873 82,057,303
CITY OF ELGIN
45,735,631 59,818,683 63,487,744 61,711,902
CITY OF JONESTOWN
255,655,726 334,617,100 409,604,232 464,052,141
CITY OF LAGO VISTA
612,066,016 679,221,299 783,174,347 774,831,435
CITY OF LAKEWAY
1,711,575,025 2,043,555,598 2,401,953,775 2,516,823,252
CITY OF LEANDER
88,895,221 139,958,247 178,194,353 207,025,149
CITY OF MANOR
187,975,085 222,124,712 235,857,149 243,997,208
CITY OF MUSTANG RIDGE
48,555,580 55,133,490 55,049,930 55,355,865
CITY OF PFLUGERVILLE
1,569,132,005 1,950,814,266 2,563,136,569 2,821,125,254
CITY OF ROLLINGWOOD
387,205,038 442,254,165 504,145,439 525,563,438
CITY OF ROUND ROCK
332,014,873 340,634,206 358,967,543 311,607,998
CITY OF SUNSET VALLEY
207,796,702 243,360,641 292,513,000 274,498,633
CITY OF WEST LAKE HILLS
1,074,959,665 1,201,839,646 1,364,222,749 1,425,907,353
REINVESTMENT ZONE # 1 CITY OF PFLUG
- - - -
VILLAGE OF BRIARCLIFF
168,092,532 177,715,003 207,689,145 213,401,994
VILLAGE OF CREEDMOOR
23,625,751 27,516,158 30,113,856 34,613,648
VILLAGE OF GARFIELD
17,300 81,756 73,360 -
VILLAGE OF POINT VENTURE
126,084,032 141,331,235 159,244,352 176,806,676
VILLAGE OF SAN LEANNA
40,457,514 41,769,260 41,146,289 45,410,821
VILLAGE OF THE HILLS
394,335,466 427,919,073 460,486,093 462,736,757
VILLAGE OF VOLENTE
123,523,551 140,561,240 149,971,271 155,617,466
VILLAGE OF WEBBERVILLE
13,220,421 15,372,839 16,462,773 16,202,389
TOTAL CITIES
75,536,020,704 85,686,046,206 96,150,195,786 99,815,104,822
Sta
tist
ical
Sec
tion
101
TABLE 9
Change in Net Position (1 OF 4)
2010 2011 2012 2013 2014 2015
$ 96,171,265,868 $ 100,506,271,488 $ 103,680,974,072 110,393,280,560 125,491,180,556 147,278,044,993
70,816,356,728 72,638,105,135 74,893,278,908 80,542,738,182 92,190,023,086 109,332,303,206
4,042,645 4,002,906 3,972,805 3,942,300 4,500,383 4,545,023
3,903,825,425 4,000,312,874 4,059,791,706 4,406,204,656 4,805,649,174 5,725,766,338
16,766,673 21,563,613 27,168,282 27,670,572 35,336,919 44,732,674
10,020,779,707 10,079,819,989 10,505,304,390 11,193,202,672 12,565,676,882 14,184,933,523
220,032,703 214,530,565 211,914,661 218,732,758 245,798,460 293,241,989
7,927,357 7,835,116 8,113,559 8,532,429 8,883,262 8,907,511
- - - - - -
10,177,628 10,116,336 10,065,635 10,229,569 11,092,211 10,820,890
1,574,812,311 1,556,328,192 1,510,145,167 1,458,203,982 1,543,196,063 1,624,585,632
7,563,912,842 7,757,527,167 8,066,366,182 8,683,977,541 9,674,999,852 11,119,790,185
6,275,766,149 6,402,465,379 6,696,027,070 7,183,075,012 7,992,031,823 8,916,160,108
3,705,912,613 5,708,442,584 5,707,924,582 5,231,093,034 5,859,956,811 6,534,525,319
599,442,152 547,046,712 538,919,451 533,629,296 534,215,603 558,299,695
8,177,619,250 8,267,679,920 8,434,890,246 9,205,906,787 10,312,032,825 11,845,458,318
758,824,729 5,555,697,951 5,673,606,555 5,826,834,795 6,741,953,808 7,656,250,057
209,827,464,780 223,277,745,927 230,028,463,271 244,927,254,145 278,016,527,718 325,138,365,461
83,883,875,709 87,870,247,142 90,464,051,620 96,468,334,174 110,072,172,878 129,900,930,797
- - - - - -
- - - - - -
861,637,683 925,453,690 1,061,863,222 1,177,232,711 1,365,661,420 1,758,103,293
60,889,014 67,293,889 323,838,495 354,497,381 379,470,877 903,963,729
182,707,566 56,866,826 61,767,642 57,547,129 63,250,592 92,099,970
16,283,442 412,446,794 414,802,082 402,835,069 415,088,965 434,676,122
- 738,776,059 702,707,994 694,641,984 755,403,160 815,204,183
2,434,335,810 2,515,956,981 2,678,448,769 2,950,725,972 3,258,455,495 3,651,540,095
201,039,254 213,890,030 264,755,570 351,891,826 462,711,141 614,058,049
234,729,344 235,742,926 231,537,768 289,633,579 366,221,809 446,157,803
54,441,069 53,892,167 53,787,044 53,431,144 52,663,419 55,368,492
2,961,209,674 2,994,976,051 3,065,376,539 3,473,354,010 4,003,338,655 4,496,772,320
462,781,527 467,145,435 492,461,305 532,214,943 631,310,850 751,050,294
278,775,802 298,484,907 348,882,421 380,813,632 396,089,627 388,879,015
272,855,490 285,776,108 290,972,935 - - -
1,300,325,692 1,280,534,130 1,347,447,867 1,440,161,111 1,647,018,985 1,843,695,586
- - - 29,802,401 69,195,917 122,372,070
201,762,794 190,834,924 190,738,715 206,478,736 240,902,387 255,064,938
31,707,271 37,428,294 38,770,279 45,310,459 46,687,692 50,150,278
- - - - - -
170,524,029 174,068,850 166,939,630 160,289,237 162,794,985 173,467,598
45,271,676 45,326,556 44,907,711 46,996,019 52,605,180 56,963,098
429,077,832 407,700,023 401,070,896 440,783,460 480,738,690 509,085,645
58,601,042 156,957,939 163,575,855 165,242,440 175,276,745 191,503,088
155,583,478 16,642,713 18,027,572 18,643,783 20,449,641 20,801,620
94,298,415,198 99,446,442,434 102,826,731,931 109,740,861,200 125,117,509,110 147,531,908,083
Sta
tist
ical
Sec
tion
102
TRAVIS CENTRAL APPRAISAL DISTRICT
Appraised Value by Taxing Entity
Last Ten Fiscal Years TAXING ENTITY
2006 2007 2008 2009
COUNTIES TRAVIS COUNTY
94,602,109,466 107,130,923,352 119,823,723,365 123,995,661,148
WILLIAMSON COUNTY
350,641,187 384,748,516 - -
TOTAL COUNTIES
94,952,750,653 107,515,671,868 119,823,723,365 123,995,661,148
SPECIAL DISTRICTS ACC DIST - WMSN CO
3,491,741 4,522,384 - 191,612
ANDERSON MILL LIMITED DISTRICT
- - - 9,405,969
ANDERSON MILL MUD
- - 8,642,308 -
AUSTIN MUD NO 1
315,906,543 275,495,001 377,864,131 259,944,511
AUSTIN MUD NO 2
134,989,815 144,890,825 158,329,932 166,090,386
AUSTIN MUD NO 3
17,821,625 58,021,152 102,911,347 105,076,404
BASTROP-TRAVIS COUNTIES ESD NO 1
- 119,471,974 138,668,443 143,413,922
BELLA VISTA MUD
74,742,119 93,097,017 104,388,950 102,146,627
BELVEDERE MUD
106,114 17,059,886 46,383,042 59,981,521
COTTONWD CREEK MUD NO 1
26,099,942 44,746,191 54,620,766 59,440,219
CYPRESS RANCH WCID NO 1
14,715,046 23,912,805 29,136,547 34,241,595
DOWNTOWN PUB IMP DIST
3,235,239,648 3,605,988,883 3,958,563,648 4,167,067,572
E SIXTH ST PUB IMP DIST
174,240,584 192,819,200 200,163,622 212,279,797
ELGIN TIRZ #1
- - - -
HURST CREEK MUD
425,577,999 465,438,119 503,889,883 509,246,499
KELLY LANE WCID NO 1
297,142 5,540,091 20,435,550 35,516,757
KELLY LANE WCID NO 2
273,698 568,143 717,790 714,533
LAGO VISTA MUD
6,725 - - -
LAKESIDE MUD NO 3
448,101 7,213,074 19,482,050 30,636,774
LAKESIDE WCID NO 1
71,856,990 91,799,456 102,499,428 113,411,102
LAKESIDE WCID NO 2
55,647 - - -
LAKESIDE WCID NO 2A
170,080 234,761 313,801 308,562
LAKESIDE WCID NO 2B
52,465,177 56,930,406 69,093,086 67,145,474
LAKESIDE WCID NO 2C
22,632,459 32,182,810 44,394,852 51,577,218
LAKESIDE WCID NO 2D
32,493 6,992,213 30,265,762 31,969,702
LAKEWAY MUD
840,594,795 918,040,853 1,018,268,618 1,043,771,477
LAZY NINE MUD
102,906 464,499 - -
LAZY NINE MUD NO 1A
- - 32,457 32,268
LAZY NINE MUD NO 1B
- - 293,018 772,677
LAZY NINE MUD NO 1C
- - 8,493 8,561
LAZY NINE MUD NO 1D
- - 13,212 12,635
LAZY NINE MUD NO 1E
- - 41,233 41,097
LOST CREEK MUD
576,531,144 606,523,175 673,774,346 647,247,297
MOORES CROSSING MUD
60,805,458 71,152,971 81,880,348 87,156,688
NE TCRD DIST NO 4 (WELLS PT)
94,565,333 100,379,708 98,018,812 93,789,819
NE TRAVIS CO ROAD DIST NO 2
1,078,730,565 962,486,330 880,602,874 757,168,468
NE TRAVIS CO UTILITY DIST
68,558,579 122,904,193 134,763,764 155,105,952
NORTH AUSTIN MUD NO 1
- - 76,180,062 79,572,961
NORTH TRAVIS CO MUD NO 5
- - - -
NORTHTOWN MUD
321,380,925 372,033,134 419,470,520 510,138,735
NW AUSTIN MUD NO 1
439,251,937 457,686,405 508,009,617 494,038,372
NW AUSTIN MUD NO 2
4,697,043,829 - - -
Sta
tist
ical
Sec
tion
103
TABLE 9
Change in Net Position (2 OF 4)
2010 2011 2012 2013 2014 2015
118,418,917,319 122,782,233,073 126,354,983,405 134,540,112,926 152,528,518,994 177,859,746,653
- - - - - -
118,418,917,319 122,782,233,073 126,354,983,405 134,540,112,926 152,528,518,994 177,859,746,653
- - 93,278 - - -
9,274,862 8,860,065 9,045,437 9,088,168 10,690,770 10,958,074
- - - - - -
232,974,301 308,694,550 222,169,693 - - -
165,389,692 160,855,224 168,123,331 - - -
131,396,314 125,671,514 117,460,804 - - -
136,086,769 130,339,652 126,416,948 136,649,389 155,092,254 196,373,966
101,100,197 100,867,600 98,278,999 101,553,199 112,212,017 -
52,521,819 56,924,335 75,654,789 92,454,569 116,540,048 158,161,621
55,203,994 50,175,224 42,197,555 44,991,637 49,712,571 84,531,306
34,613,721 40,274,226 47,121,740 63,566,923 85,893,934 115,192,920
4,301,926,604 5,253,303,792 5,690,306,359 - - -
213,413,048 221,871,283 237,682,080 - - -
- - - 4,093,604 4,403,036 4,372,972
474,659,351 453,899,532 448,015,786 488,243,582 528,914,798 559,574,761
44,017,096 50,150,907 52,844,983 63,978,693 78,592,626 109,965,395
1,912,085 2,734,647 1,831,633 2,415,700 7,426,022 24,560,299
- - - - - -
33,099,882 38,375,075 56,451,721 69,470,144 94,635,992 122,767,359
106,785,954 106,122,085 112,007,976 113,686,943 125,229,757 138,976,633
- - - - - -
184,083 181,848 181,276 162,298 223,463 1,485,937
68,168,110 67,487,556 67,026,532 71,496,900 85,193,138 102,936,112
58,292,401 61,572,194 63,567,919 84,247,952 95,229,322 118,862,165
36,659,302 53,422,472 53,751,637 71,174,589 96,465,434 130,852,411
971,117,181 976,728,028 952,412,157 993,306,678 1,068,908,293 1,133,430,452
- - - - - -
29,700 30,049 155,129 - - -
460,458 461,000 516,913 27,228,287 70,833,609 143,024,234
7,740 7,589 44,220 - - -
11,423 11,678 70,784 - - -
37,157 38,449 38,245 - - -
609,524,368 630,167,140 658,709,979 713,050,260 773,724,968 916,576,186
72,668,705 77,478,253 68,920,023 70,597,006 89,030,655 117,584,310
89,845,982 91,754,147 94,417,638 - - -
673,389,158 699,315,236 721,845,732 - - -
150,360,888 157,081,649 157,430,262 172,966,638 208,875,229 235,431,378
77,200,201 74,981,518 74,688,253 75,799,786 81,641,005 91,537,333
- - - - - -
453,754,804 498,798,628 488,245,980 550,853,089 579,484,432 687,610,756
- 124,962 - - - -
- 33,853 39,066 - - -
Sta
tist
ical
Sec
tion
104
TRAVIS CENTRAL APPRAISAL DISTRICT
Appraised Value by Taxing Entity
Last Ten Fiscal Years TAXING ENTITY
2006 2007 2008 2009
SPECIAL DISTRICTS NW TR CO RD DIST 3 GLDN TRI
453,968,314 476,764,371 497,248,477 466,063,027
PILOT KNOB MUD NO 3 PRESIDENTIAL GLEN MUD
2,699,100 2,118,600 6,871,445 4,616,506
REINVESTMENT ZONE # 1 CITY OF PFLUG
- - - -
RIVER PLACE MUD
442,765,865 477,393,950 493,192,575 538,131,089
RMMA REUSE & REDEVELOPMENT
64,343,082 101,973,194 164,530,108 317,670,349
RNCH @ CYPRSS CRK MUD 1
213,374,198 236,023,383 75,122,146 76,728,662
SENNA HILLS MUD
113,885,573 141,906,873 159,934,601 187,040,235
SHADY HOLLOW MUD
212,841,800 233,936,133 259,916,901 267,152,252
SOUTHEAST TRAVIS COUNTY MUD NO 1
- - - -
SOUTHEAST TRAVIS COUNTY MUD NO 2
- - - -
SUNFIELD MUD NO 1
- 5,904 6,001 5,984
SUNFIELD MUD NO 2
- 74,865 76,008 75,805
SUNFIELD MUD NO 3
- 11,340 11,902 11,876
SW TRAVIS CO RD DIST NO 1
695,721,408 867,070,944 1,045,637,212 1,151,351,491
TANGLEWD FOREST LTD DIST
238,585,951 262,195,984 277,811,644 279,343,978
TR CO RFP DIST NO 3
18,472 - - -
TRAVIS CENTRAL APP DIST
- - - -
TRAVIS CO BCCP
2,694,986,376 3,463,652,379 4,048,438,138 4,412,058,807
TRAVIS CO BEE CAVE ROAD DIST NO 1
- 54,011,050 173,138,516 158,856,234
TRAVIS CO ESD NO 1
1,681,434,242 1,930,813,723 2,209,850,809 2,326,798,780
TRAVIS CO ESD NO 10
963,795,330 1,136,995,221 1,267,044,378 1,312,381,599
TRAVIS CO ESD NO 11
739,181,797 728,095,863 792,203,019 795,980,014
TRAVIS CO ESD NO 12
819,046,622 957,738,130 1,063,615,208 1,112,269,006
TRAVIS CO ESD NO 13
33,379,764 38,797,412 49,084,254 48,912,575
TRAVIS CO ESD NO 14
803,260,709 980,438,697 1,059,724,433 1,100,279,707
TRAVIS CO ESD NO 2
- 5,219,343,375 5,913,725,021 6,366,662,333
TRAVIS CO ESD NO 3
1,713,215,412 1,905,576,950 2,108,322,318 2,183,487,427
TRAVIS CO ESD NO 4
1,483,872,491 1,611,095,550 1,727,152,041 1,578,496,034
TRAVIS CO ESD NO 5
719,804,618 819,646,174 878,878,696 916,005,050
TRAVIS CO ESD NO 6
6,396,606,049 7,617,605,418 8,810,472,653 9,256,241,042
TRAVIS CO ESD NO 7
- - - -
TRAVIS CO ESD NO 8
1,079,098,281 1,289,929,657 1,465,233,647 1,521,737,524
TRAVIS CO ESD NO 9
4,637,324,498 5,136,340,688 5,767,507,778 5,684,513,791
TRAVIS CO MUD NO 10
54,955,152 60,616,842 68,464,789 100,370,196
TRAVIS CO MUD NO 11
7,902,722 30,545,722 68,169,711 95,346,535
TRAVIS CO MUD NO 12
6,743,451 6,523,144 9,004,183 8,998,842
TRAVIS CO MUD NO 13
8,329,405 8,080,148 9,821,601 9,839,457
TRAVIS CO MUD NO 14
34,555,526 56,498,958 69,703,458 76,748,247
TRAVIS CO MUD NO 15
76,162,768 108,848,832 137,686,034 155,892,991
TRAVIS CO MUD NO 16
- - 470,973 468,243
TRAVIS CO MUD NO 17
- - - -
TRAVIS CO MUD NO 18
- - - -
TRAVIS CO MUD NO 2
73,675,734 99,762,317 128,627,708 136,059,489
TRAVIS CO MUD NO 21
- - - -
TRAVIS CO MUD NO 3
385,530,609 448,760,257 504,045,841 527,767,352
TRAVIS CO MUD NO 4
61,805,249 66,033,186 67,434,211 60,093,043
TRAVIS CO MUD NO 5
21,495,136 45,313,687 75,449,748 90,717,659
TRAVIS CO MUD NO 6
100,062,233 131,222,846 155,915,620 157,318,405
TRAVIS CO MUD NO 7
1,697,576 1,696,941 1,692,179 1,690,455
TRAVIS CO MUD NO 8
34,682,861 52,153,356 69,322,387 68,652,509
Sta
tist
ical
Sec
tion
105
TABLE 9
Change in Net Position (3 OF 4)
2010 2011 2012 2013 2014 2015
397,554,870 394,508,453 435,720,089 - - -
- 2,788,764 6,853,888
5,233,514 6,332,765 6,519,877 14,602,120 24,802,905 40,391,937
- 7,603,811 9,172,964 29,802,401 69,195,917 -
498,963,974 492,503,884 490,572,867 502,385,407 570,863,580 615,042,998
386,249,627 433,603,957 517,726,887 596,642,390 835,353,051 -
68,529,045 68,208,111 66,401,666 71,596,372 81,480,772 87,208,511
3,449,695 203,015,457 217,767,733 233,736,278 262,704,335 280,255,127
254,992,612 248,278,130 248,625,606 249,737,177 282,282,410 307,214,946
- - - 25,735 25,529 24,196
- - - 82,783 82,293 79,500
5,884 5,938 5,756 6,067 5,890 234,604
74,584 75,244 73,009 70,518 74,799 -
11,719 11,803 11,514 11,193 10,470 -
1,098,672,534 1,118,673,533 1,072,778,884 - - -
272,931,007 272,665,423 255,481,025 272,219,270 308,535,875 339,653,151
- - - - - -
- - - 136,144,681,355 154,173,699,873 -
5,637,855,752 5,730,628,564 6,112,496,173 - - -
118,624,066 122,207,598 158,578,877 180,015,203 197,683,903 351,274,807
2,259,443,667 2,248,109,848 2,278,753,262 2,233,404,472 2,326,808,996 2,460,977,412
1,274,196,179 1,310,462,566 1,337,684,104 1,407,667,407 1,576,943,934 1,716,014,517
418,114,196 776,454,857 783,149,387 819,963,969 903,410,889 992,330,108
1,043,547,150 1,045,481,878 1,095,194,218 1,227,916,123 1,363,500,981 1,614,719,800
48,529,134 49,525,135 51,234,702 52,537,909 56,827,612 60,641,259
1,094,974,877 1,116,584,429 857,120,382 873,563,278 939,139,942 550,547,245
6,159,348,195 6,195,034,654 6,323,367,816 6,923,015,112 7,914,165,484 9,141,662,737
2,088,714,408 2,095,539,086 2,138,030,861 2,226,297,161 2,468,355,024 2,888,717,016
1,482,428,586 1,478,440,934 1,448,332,299 1,486,353,532 1,634,727,185 1,851,386,664
897,589,909 890,591,710 901,481,765 946,168,356 1,100,214,321 1,125,264,176
750,622,154 9,117,902,956 9,634,947,986 10,333,823,268 11,550,754,724 13,163,383,834
- 963,875 2,243,492 - - -
1,521,478,393 1,549,511,884 1,534,571,515 1,581,639,870 1,682,994,325 1,828,247,333
5,311,275,071 5,305,035,836 5,460,871,795 5,752,544,762 6,459,425,689 7,229,722,413
100,118,910 107,998,867 104,619,730 99,591,708 104,423,699 108,814,718
100,466,756 122,995,240 132,205,826 160,218,886 203,897,133 250,789,599
6,938,919 6,813,122 8,350,648 14,402,840 30,910,519 81,142,895
6,419,636 6,824,124 17,077,079 27,655,576 42,266,631 65,046,903
72,137,320 66,659,558 57,640,997 68,516,576 82,062,250 96,045,246
158,949,835 175,116,503 188,063,347 232,878,169 291,201,382 363,040,080
463,297 14,010,726 43,236,971 64,700,684 100,540,648 139,860,162
- - - 212,010 6,252,268 20,309,611
- - - 1,400,324 5,586,938 36,021,263
121,367,756 114,150,531 109,668,665 116,004,074 127,383,048 155,525,197
- - - 2,005,837 1,643,197 33,902,372
488,301,721 498,517,907 516,553,732 541,504,612 575,202,809 679,045,610
53,632,479 52,820,202 58,052,418 65,439,269 72,570,678 115,778,271
83,116,335 81,028,206 81,042,058 86,167,785 120,874,515 147,408,548
149,257,829 148,387,245 142,993,702 156,761,603 166,668,967 175,439,252
1,689,767 1,687,265 1,692,361 1,694,479 1,696,567 4,989,216
62,942,457 61,005,748 61,392,931 65,119,003 75,268,330 81,830,939
Sta
tist
ical
Sec
tion
106
TRAVIS CENTRAL APPRAISAL DISTRICT
Appraised Value by Taxing Entity
Last Ten Fiscal Years TAXING ENTITY
2006 2007 2008 2009
SPECIAL DISTRICTS TRAVIS CO MUD NO 9
3,487,078 3,680,470 3,581,021 3,570,108
TRAVIS CO RFP DIST NO 6
- - - -
TRAVIS COUNTY HEALTHCARE DISTRICT
94,685,699,543 107,127,454,644 119,816,481,779 123,976,721,646
TRAVIS-CREEDMOOR MUD
- - 284,762 5,797,462
WALLER CREEK TIF
- - 391,771,817 498,525,964
WCID 17 COMANCHE TRAILS (DA)
93,055,275 116,157,692 128,275,434 131,410,753
WCID 17 FLINTROCK (DA)
94,262,227 139,854,116 183,076,075 204,413,777
WCID 17 SERENE HILLS (DA)
- - - -
WCID 17 SOUTHVIEW (DA)
13,371,551 13,869,610 18,761,805 20,345,928
WCID 17 STEINER RANCH (DA)
922,454,420 1,238,937,147 1,396,625,761 1,555,569,104
WCID NO 10
2,027,957,013 2,273,105,662 2,571,572,694 2,715,252,826
WCID NO 14
457,813,051 5,489,884 4,733,950 4,268,478
WCID NO 17
2,484,978,785 3,177,619,403 3,655,562,675 3,914,784,598
WCID NO 18
360,384,734 429,480,260 469,705,700 479,475,132
WCID NO 19
180,788,989 203,096,077 184,288,376 198,803,195
WCID NO 20
286,816,703 307,119,059 339,977,959 343,687,311
WCID NO 21
374,829 504,817 571,570 1,763,261
WCID POINT VENTURE
121,521,355 136,761,771 154,895,605 172,415,362
WELLS BRANCH MUD
691,196,903 755,012,689 870,827,447 896,972,489
WEST CYPRESS HILLS WCID NO 1
42,702 69,633 74,791 73,237
WEST TRAVIS CO MUD NO 3
174,501,587 182,441,419 200,705,282 196,679,858
WEST TRAVIS CO MUD NO 5
171,459,603 194,142,212 208,659,900 203,368,261
WEST TRAVIS CO MUD NO 6
69,668,413 114,205,255 157,047,544 195,523,513
WEST TRAVIS CO MUD NO 7
3,341,172 3,635,536 3,624,723 5,481,808
WEST TRAVIS CO MUD NO 8
64,585,149 89,854,729 109,844,066 100,352,762
WILBARGER CRK MUD NO 1
624,627 5,924,378 8,693,422 10,639,550
WILBARGER CRK MUD NO 2
2,463,468 3,359,268 3,494,556 3,114,268
WILLIAMSON/TRAVIS MUD NO 1
- - 91,983,769 99,015,790
WMSN CO WSID DIST 3
9,379,131 18,183,231 27,348,680 46,452,469
WMSN-TR CO WCID NO 1A
- - - -
WMSN-TR CO WCID NO 1C
- - - -
WMSN-TR CO WCID NO 1D
135,405,691 186,263,381 220,663,559 241,183,903
WMSN-TR CO WCID NO 1F
15,284,404 31,775,798 45,094,066 46,720,206
WMSN-TR CO WCID NO 1G
178,652,140 232,080,971 240,399,361 239,939,107
TOTAL SPECIAL DISTRICTS
143,069,114,076 162,654,286,835 183,051,308,833 190,093,820,489
TOTAL APPRAISED VALUE
$ 484,813,024,491 $ 549,437,989,344 $ 614,573,021,346 $ 638,709,931,810
SOURCE: Travis Central Appraisal District- Internal Management Reports
Sta
tist
ical
Sec
tion
107
TABLE 9
Change in Net Position (4 OF 4)
2010 2011 2012 2013 2014 2015
5,545,668,880 3,500,989 3,423,108 3,418,902 3,512,444 3,948,203
8,928,459,471 160,880 182,325 - - -
118,418,783,291 122,776,723,219 126,351,449,347 134,536,864,014 152,525,329,214 177,857,197,402
5,539,404 11,358,946 12,137,207 - - -
484,233,353 724,479,480 764,168,295 816,258,785 948,143,932 -
139,167,436 146,263,874 157,924,993 - - 197,679,337 208,824,545 215,746,840 229,280,153 256,695,419 283,528,965
450,965 1,783,759 3,476,330 9,702,523 27,414,355 64,054,601
21,049,802 21,032,354 20,972,504 - - -
1,556,282,554 1,609,167,202 1,761,437,224 1,840,515,522 2,041,349,920 2,217,542,124
2,465,426,614 2,440,326,288 2,564,738,289 2,802,717,356 3,214,079,840 3,614,229,758
3,986,440 601,316 3,751,814 - - -
3,899,941,289 4,063,617,569 4,512,308,248 4,820,970,829 5,306,994,881 5,799,691,974
463,557,434 467,328,007 462,227,229 474,794,178 552,994,939 599,923,890
173,155,146 173,523,687 174,191,526 175,434,373 174,706,098 226,028,965
333,038,372 332,612,811 340,611,109 343,266,386 347,557,937 404,201,704
1,748,420 1,598,404 1,598,024 - - -
166,167,418 169,694,241 162,556,364 156,760,953 159,727,719 170,411,271
845,782,358 838,346,850 846,248,085 906,600,341 1,000,467,739 1,141,532,278
71,995 72,554 72,057 - - -
182,335,632 180,442,683 184,031,240 197,260,525 206,500,303 223,052,779
180,562,556 192,038,490 200,837,187 206,957,098 223,199,702 235,360,728
209,023,181 201,794,402 226,748,234 267,056,130 306,150,968 411,166,898
4,288,093 2,648,525 3,739,589 - - -
90,276,958 93,627,591 104,490,191 115,131,086 126,320,413 141,359,632
11,924,440 12,930,586 13,856,359 20,586,475 23,558,988 40,913,303
3,114,268 3,589,986 3,600,663 3,589,887 3,710,059 6,335,781
89,139,997 90,971,517 87,782,686 90,356,543 99,825,556 105,991,360
47,018,182 48,538,746 47,629,736 46,785,616 51,569,232 58,814,583
- - 48,025 - - -
- - - - - -
243,101,506 258,677,686 - - - -
49,219,821 51,982,801 43,205,775 48,664,155 62,199,558 -
230,719,198 241,816,374 229,620,076 231,482,481 255,339,606 -
188,846,214,980 189,604,849,885 195,374,082,512 328,230,313,268 371,231,611,246 248,016,890,840
$ 611,391,012,277 $ 635,111,271,319 $ 654,584,261,119 $ 817,438,541,539 $ 926,894,167,068 $ 898,546,911,037
Sta
tist
ical
Sec
tion
108
STATISTICAL SECTION
DEMOGRAPHIC & ECONOMIC
INFORMATION
Sta
tist
ical
Sec
tion
109
TRAVIS CENTRAL APPRAISAL DISTRICT
Demographic and Economic Statistics
Last Ten Fiscal Years
Fiscal Year
Travis County
Population (1)
Travis County Personal
Income (In Thousands)
(2)
Travis County Per
Capita Personal Income
Single Family Home
Sales in the Austin Area
(3)
Average Home
Price in the
Austin Area
(3)
Travis County Un- employment
Rate (4)
2006
920,544
38,816,257
42,167
29,806
226,614
3.9%
2007
948,160
40,467,372
42,680
29,263
243,112
3.7%
2008
978,976
44,894,416
45,859
23,973
245,068
4.5%
2009
1,008,345
43,115,804
42,759
19,511
237,314
7.2%
2010
1,024,266
45,752,271
44,668
20,837
244,131
6.6%
2011
1,049,873
50,576,367
48,174
20,644
252,575
6.6%
2012
1,076,119
57,362,564
53,305
24,295
262,436
5.2%
2013
1,108,403
58,670,035
52,932
29,841
483,523
5.0%
2014
1,141,655
62,329,270
54,596
30,429
300,934
4.0%
2015
1,173,051
INA
INA
32,055
321,616
3.2%
SOURCES: (1) City Of Austin demographer
(2) Bureau of Economic Analysis, Department of Commerce
(3) Texas A&M University, Real Estate Research Center
(4) Texas Workforce Commission
NOTES: INA= Information Not Available
Prior years may have been updated by the source
Sta
tist
ical
Sec
tion
110
TRAVIS CENTRAL APPRAISAL DISTRICT
Principal Employers
For 2006 and 2015
2015
Employer (1)
Product or Service
Employees
Rank
Percentage of Total County
Employment (a)
State of Texas (2)
Government
58,263
1
8.49%
The University of Texas/Austin
(3)
Education, Research
25,893
2
3.78%
HEB Grocery Co. (4)
Retail
18,729
3
2.73%
Dell, Inc.
Electronics
13,000
4
1.90%
Austin Independent School District (6)
Education
12,395
5
1.81%
Federal Government (2)
Government
11,218
6
1.63%
Seton Family of Hospitals
Health Services
10,945
7
1.60%
City of Austin (5)
Government
8,858
8
1.29%
St. David's Healthcare
Health Services
8,369
9
1.22%
IBM Corporation
Electronics
6,000
10
0.87%
Freescale Semiconductor
Electronics
-
-
173,670
25.32%
SOURCES: (1) Unless noted, data is from the Austin Business Journal
(2) Texas Workforce Commission
(3) The University of Texas/Austin
(4) HEB
(5) City of Austin
(6) Austin Independent School District
NOTES: (a) Based on total Travis County employment, including nonresidents, of 685,803, Texas Workforce
Commission
(b) Based on total Travis County employment of 508,569, Texas Workforce Commission
Sta
tist
ical
Sec
tion
111
TABLE 11
Change in Net Position (1 OF 1)
2006
Employees
Rank
Percentage of Total County
Employment (b)
45,651
1
8.98%
20,249
2
3.98%
6,200
9
1.22%
16,000
3
3.15%
10,408
6
2.05%
10,800
5
2.12%
7,500
7
1.47%
13,032
4
2.56%
-
-
-
6,200
10
1.22%
6,600
8
1.30%
142,640
28.05%
Sta
tist
ical
Sec
tion
112
TRAVIS CENTRAL APPRAISAL DISTRICT
Principal Property Taxpayers
For 2006 and 2015
2015
Taxpayer
Type of Business
Taxable Value
Rank
Percentage of Total County Taxable Value
(1)
Samsung Austin Semiconductor
Electronics
$2,477,907,165
1
1.81%
Columbia/St. David's Healthcare System LP
Health Care
517,113,089
2
0.38%
PKY- San Jacinto Center LLC
Property Management
307,829,941
3
0.22%
Apple, Inc.
Electronics
264,264,140
4
0.19%
HEB Grocery Co.
Retail
257,045,142
5
0.19%
IMT Capital II Riata LP
Real Estate Investments 256,260,021
6
0.19%
IBM, Corp.
Electronics
253,816,041
7
0.19%
CSHV- 401 Congress LLC
Property Management
251,256,450
8
0.18%
Finley Company
Real Estate Investments 242,301,917
9
0.18%
Freescale Semiconductor, Inc.
Electronics
237,472,439
10
0.17%
Dell, Inc.
Electronics
208,476,560
0.15%
Southwestern Bell Telephone Co.
Communications
Brandywine Acquisition Partners LP
Real Estate Investments
Spansion LLC
Electronics
Freescale
Electronics
Applied Materials
Electronics
Cousins Properties Texas LP
Property Management
5,273,742,905
3.85%
SOURCES: Travis Central Appraisal District Certified Totals Reports
(1) Based on Net Taxable Value of $136,878,332,713 from the Travis Central Appraisal District’s 2015
certified property values as of April 6, 2016
(2) Based on Net Taxable Value of $74,419,223,013 from the Travis Central Appraisal District’s 2006
certified property values as of April 6, 2016
Sta
tist
ical
Sec
tion
113
TABLE 12
Change in Net Position (1 OF 1) 2006
Taxable Assessed
Value
Rank
Percentage of Total
County Net Taxable Value
(2)
142,319,463
10
0.19%
253,663,298
4
0.34%
281,928,789
3
0.38%
365,345,686
1
0.49%
301,446,570
2
0.41%
180,022,999
5
0.24%
172,450,299
6
0.23%
155,602,782
7
0.21%
154,090,298
8
0.21%
147,389,000
9
0.20%
2,154,259,184
2.89%
Sta
tist
ical
Sec
tion
114
Sta
tist
ical
Sec
tion
115
STATISTICAL SECTION
OPERATING INFORMATION
Sta
tist
ical
Sec
tion
116
TRAVIS CENTRAL APPRAISAL DISTRICT
Budgeted Full-time Equivalent Employees
By Function/Program
Last Ten Fiscal Years
Function/Program
2006
2007
2008
2009
Appraisal
61
64
65
69
Information Systems
36
37
37
38
Administration/General Operations
10
11
11
12
Total
107
112
113
119
SOURCE: Travis Central Appraisal District 2006 through 2015 Adopted Budgets
NOTES: A full-time employee is equivalent to approximately 2,080 hours per year
Sta
tist
ical
Sec
tion
117
TABLE 13
Change in Net Position (1 OF 1)
2010
2011
2012
2013
2014
2015
78
78
79
80
81
89
37
36
35
33
32
29
13
15
16
15
14.5
14
128
129
130
128
127.5
132
Sta
tist
ical
Sec
tion
118
TRAVIS CENTRAL APPRAISAL DISTRICT
Actual Full-time Equivalent Employees
By Function/Program
Last Ten Fiscal Years
Function/Program
2006
2007
2008
2009
Appraisal
65
60
65
74
Information Systems
34
32
34
32
Administration/General Operations
11
11
12
13
Total
110
103
111
119
SOURCE: Travis Central Appraisal District 2005 through 2015 payroll reports
NOTES: A full-time employee is equivalent to approximately 2,080 hours per year
This schedule excludes any vacant positions
Sta
tist
ical
Sec
tion
119
TABLE 14
Change in Net Position (1 OF 1)
2010
2011
2012
2013
2014
2015
76
76
76
76
70
88
31
31
26
25
25
27
13
16
15
12
12
12
120
123
117
113
107
127
Sta
tist
ical
Sec
tion
120
TRAVIS CENTRAL APPRAISAL DISTRICT
Operating Indicators by Function/Program
Last Ten Fiscal Years
Function/Program
2006
2007
2008
2009
Appraisal
Real property accounts
330,912
338,965
347,663
353,141
Business personal property accounts
36,912
37,204
38,580
39,038
Total property count
367,824
376,169
386,243
392,179
Support Services
Exemptions granted
Homestead
181,970
187,526
194,181
198,647
Disabled veteran
9,438
5,600
5,629
6,625
Over age 65
32,750
33,855
35,571
37,167
Disability
3,831
3,995
4,078
4,299
Freeport inventory
289
317
299
295
Charitable/non-profit
10,480
10,441
10,916
11,039
Solar/wind power
-
1
1
2
Abatements
-
6
7
15
Historical site
441
455
477
507
Pollution control
52
72
66
68
Information Systems
The work performed in this function/program area entails software development and maintenance, network and computer operations maintenance, data entry, document imaging, and geographic information systems. By and large, it does not readily lend itself to quantifiable measurement.
Administration/General Objectives
Accounts payable checks issued
1,291
1,026
1,040
1,093
Number of New Hires
27
9
24
24
Number of Promotions
INA
INA
14
7
SOURCE: Travis Central Appraisal District adopted budgets and various in-house reports
INA= Information Not Available
Sta
tist
ical
Sec
tion
121
TABLE 15
Change in Net Position (1 OF 1)
2010
2011
2012
2013
2014
2015
353,680
355,501
357,660
360,750
365,563
370,513
39,085
40,132
41,503
42,475
42,216
43,061
392,765
395,633
399,163
403,225
407,779
413,574
200,929
201,598
202,948
202,600
205,281
205,776
6,715
6,610
6,794
6,909
7,182
7,136
39,707
41,403
44,225
46,200
48,899
50,682
3,510
3,492
3,619
3,730
3,872
3,916
350
360
384
344
386
343
11,078
11,381
11,842
12,270
12,879
12,474
3
24
217
1,017
1,666
1,875
15
15
15
14
18
18
558
570
483
506
548
543
71
72
68
72
77
75
964
1,072
1,159
1,048
1,149
1,238
17
22
10
18
20
22
8
15
4
2
9
11
Sta
tist
ical
Sec
tion
122
STATISTICAL SECTION
DEBT INFORMATION
Sta
tist
ical
Sec
tion
123
TRAVIS CENTRAL APPRAISAL DISTRICT
Outstanding Debt by Type
Last Ten Fiscal Years
Fiscal Year
Governmental Activities-
Capital Lease
Total Primary Government
2006
541,543
541,543
2007
263,134
263,134
2008
-
-
2009
-
-
2010
743,612
743,612
2011
-
-
2012
-
-
2013
-
-
2014
-
-
2015
-
-
SOURCE: Audited Financial Statements 2006-2010
Comprehensive Annual Financial Report (CAFR) 2011-2015