Billion Dollar Giveaway Calculations
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1
Year
Land Value
Improvement Value
Total Value
Total Tax Rate
Annual Tax Owed
Annual Property Value Growth Rate of 2.5%
Total Lost Taxes Over 80 Years
2
Year 1$8,733,321$250,000,000$258,733,321.002.213985%$5,728,316.921.025$1,422,814,894.74
3
Year 2$265,201,654.03$5,871,524.84
4
Year 3$271,831,695.38$6,018,312.96
5
Year 4$278,627,487.76$6,168,770.78
6
Year 5$285,593,174.95$6,322,990.05Taxing Entity
2017 Tax Rates
7
Year 6$292,733,004.33$6,481,064.81Austin ISD1.192000%
8
Year 7$300,051,329.44$6,643,091.43City of Austin0.444800%
9
Year 8$307,552,612.67$6,809,168.71Travis County0.369000%
10
Year 9$315,241,427.99$6,979,397.93Travis County Health0.107385%
11
Year 10$323,122,463.69$7,153,882.88
Austin Community College
0.100800%
12
Year 11$331,200,525.28$7,332,729.95
13
Year 12$339,480,538.41$7,516,048.20
14
Year 13$347,967,551.87$7,703,949.40
15
Year 14$356,666,740.67$7,896,548.14
16
Year 15$365,583,409.19$8,093,961.84
17
Year 16$374,722,994.42$8,296,310.89
18
Year 17$384,091,069.28$8,503,718.66
19
Year 18$393,693,346.01$8,716,311.63
20
Year 19$403,535,679.66$8,934,219.42
21
Year 20$413,624,071.65$9,157,574.90
22
Year 21$423,964,673.44$9,386,514.28
23
Year 22$434,563,790.28$9,621,177.13
24
Year 23$445,427,885.03$9,861,706.56
25
Year 24$456,563,582.16$10,108,249.22
26
Year 25$467,977,671.71$10,360,955.46
27
Year 26$479,677,113.51$10,619,979.34
28
Year 27$491,669,041.34$10,885,478.83
29
Year 28$503,960,767.38$11,157,615.80
30
Year 29$516,559,786.56$11,436,556.19
31
Year 30$529,473,781.23$11,722,470.10
32
Year 31$542,710,625.76$12,015,531.85
33
Year 32$556,278,391.40$12,315,920.14
34
Year 33$570,185,351.19$12,623,818.15
35
Year 34$584,439,984.97$12,939,413.60
36
Year 35$599,050,984.59$13,262,898.94
37
Year 36$614,027,259.21$13,594,471.41
38
Year 37$629,377,940.69$13,934,333.20
39
Year 38$645,112,389.20$14,282,691.53
40
Year 39$661,240,198.93$14,639,758.82
41
Year 40$677,771,203.91$15,005,752.79
42
Year 41$694,715,484.00$15,380,896.61
43
Year 42$712,083,371.10$15,765,419.02
44
Year 43$729,885,455.38$16,159,554.50
45
Year 44$748,132,591.77$16,563,543.36
46
Year 45$766,835,906.56$16,977,631.95
47
Year 46$786,006,804.22$17,402,072.74
48
Year 47$805,656,974.33$17,837,124.56
49
Year 48$825,798,398.69$18,283,052.68
50
Year 49$846,443,358.66$18,740,128.99
51
Year 50$867,604,442.62$19,208,632.22
52
Year 51$889,294,553.69$19,688,848.02
53
Year 52$911,526,917.53$20,181,069.23
54
Year 53$934,315,090.47$20,685,595.96
55
Year 54$957,672,967.73$21,202,735.85
56
Year 55$981,614,791.92$21,732,804.25
57
Year 56$1,006,155,161.72$22,276,124.36
58
Year 57$1,031,309,040.76$22,833,027.47
59
Year 58$1,057,091,766.78$23,403,853.15
60
Year 59$1,083,519,060.95$23,988,949.48
61
Year 60$1,110,607,037.48$24,588,673.22
62
Year 61$1,138,372,213.41$25,203,390.05
63
Year 62$1,166,831,518.75$25,833,474.80
64
Year 63$1,196,002,306.72$26,479,311.67
65
Year 64$1,225,902,364.38$27,141,294.46
66
Year 65$1,256,549,923.49$27,819,826.82
67
Year 66$1,287,963,671.58$28,515,322.49
68
Year 67$1,320,162,763.37$29,228,205.56
69
Year 68$1,353,166,832.46$29,958,910.70
70
Year 69$1,386,996,003.27$30,707,883.46
71
Year 70$1,421,670,903.35$31,475,580.55
72
Year 71$1,457,212,675.93$32,262,470.06
73
Year 72$1,493,642,992.83$33,069,031.81
74
Year 73$1,530,984,067.65$33,895,757.61
75
Year 74$1,569,258,669.34$34,743,151.55
76
Year 75$1,608,490,136.08$35,611,730.34
77
Year 76$1,648,702,389.48$36,502,023.60
78
Year 77$1,689,919,949.21$37,414,574.19
79
Year 78$1,732,167,947.95$38,349,938.54
80
Year 79$1,775,472,146.64$39,308,687.01
81
Year 80$1,819,858,950.31$40,291,404.18
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