taxes Property Tax Assistance

2019 ISD Summary Worksheet

102-Harrison

102-901/Karnack ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 58,323,090 1.0350 56,350,812 58,323,090
B. MULTIFAMILY RESIDENCES 423,820 N/A 423,820 423,820
C1. VACANT LOTS 3,734,380 N/A 3,734,380 3,734,380
D1. QUALIFIED AG LAND 8,910,392 0.9984 8,924,765 8,910,392
D2. REAL PROP:FARM & RANCH 566,000 N/A 566,000 566,000
E. REAL PROP NONQUAL ACREAGE 110,122,300 0.7431 148,193,110 110,122,300
F1. COMMERCIAL REAL 6,244,430 N/A 6,244,430 6,244,430
F2. INDUSTRIAL REAL 368,350 N/A 368,350 368,350
G. OIL,GAS,MINERALS 24,032,230 0.9916 24,235,811 24,032,230
J. UTILITIES 32,904,850 0.9744 33,769,345 32,904,850
L1. COMMERCIAL PERSONAL 2,073,820 N/A 2,073,820 2,073,820
L2. INDUSTRIAL PERSONAL 2,012,620 N/A 2,012,620 2,012,620
M. MOBILE HOMES 3,354,510 N/A 3,354,510 3,354,510
Subtotal 253,070,792 0 290,251,773 253,070,792
Less Total Deductions 32,548,929 0 31,195,075 32,548,929
Total Taxable Value 220,521,863 0 259,056,698 220,521,863

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M & O Purposes

T1 T2 T3 T4
225,302,891 220,521,863 217,940,761 213,159,733


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,781,028 7,362,130


T1 = School district taxable value for M & O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10,000 homestead exemption and the tax ceiling reduction


T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I & S Purposes

T7 T8 T9 T10
225,302,891 220,521,863 217,940,761 213,159,733

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 homestead exemption and the tax
ceiling reduction


T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

102-901-02/Karnack ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 58,323,090 1.0350 56,350,812 58,323,090
B. MULTIFAMILY RESIDENCES 423,820 N/A 423,820 423,820
C1. VACANT LOTS 3,734,380 N/A 3,734,380 3,734,380
D1. QUALIFIED AG LAND 8,910,392 0.9984 8,924,765 8,910,392
D2. REAL PROP:FARM & RANCH 566,000 N/A 566,000 566,000
E. REAL PROP NONQUAL ACREAGE 110,122,300 0.7431 148,193,110 110,122,300
F1. COMMERCIAL REAL 6,244,430 N/A 6,244,430 6,244,430
F2. INDUSTRIAL REAL 368,350 N/A 368,350 368,350
G. OIL,GAS,MINERALS 24,032,230 0.9916 24,235,811 24,032,230
J. UTILITIES 32,904,850 0.9744 33,769,345 32,904,850
L1. COMMERCIAL PERSONAL 2,073,820 N/A 2,073,820 2,073,820
L2. INDUSTRIAL PERSONAL 2,012,620 N/A 2,012,620 2,012,620
M. MOBILE HOMES 3,354,510 N/A 3,354,510 3,354,510
Subtotal 253,070,792 290,251,773 253,070,792
Less Total Deductions 32,548,929 31,195,075 32,548,929
Total Taxable Value 220,521,863 259,056,698 220,521,863

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M & O Purposes

T1 T2 T3 T4
225,302,891 220,521,863 217,940,761 213,159,733


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
4,781,028 7,362,130


T1 = School district taxable value for M & O purposes before the loss to the additional $10, 000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10, 000 homestead exemption and the tax ceiling reduction


T3 = T1 minus 50 % of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50 % of the loss to the local optional percentage homestead exemption

Value Taxable For I & S Purposes

T7 T8 T9 T10
225,302,891 220,521,863 217,940,761 213,159,733

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption