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

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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?

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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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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.

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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.

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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.

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REQUIRED SUPPLEMENTARY

INFORMATION

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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

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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.

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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.

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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

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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.

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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.

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Statistical Section (unaudited)

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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

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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

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STATISTICAL SECTION

FINANCIAL TRENDS

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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

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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

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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

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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

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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.

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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