taxes Property Tax Assistance

2019 ISD Summary Worksheet

177-Nolan

177-905/Highland ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,076,130 N/A 1,076,130 1,076,130
C1. VACANT LOTS 39,740 N/A 39,740 39,740
D1. QUALIFIED AG LAND 12,222,896 N/A 12,222,896 12,222,896
D2. REAL PROP:FARM & RANCH 3,743,610 N/A 3,743,610 3,743,610
E. REAL PROP NONQUAL ACREAGE 19,571,120 N/A 19,571,120 19,571,120
F1. COMMERCIAL REAL 283,660 N/A 283,660 283,660
F2. INDUSTRIAL REAL 94,671,430 N/A 94,671,430 94,671,430
G. OIL,GAS,MINERALS 12,699,120 N/A 12,699,120 12,699,120
J. UTILITIES 36,453,600 N/A 36,453,600 36,453,600
L1. COMMERCIAL PERSONAL 1,332,580 N/A 1,332,580 1,332,580
L2. INDUSTRIAL PERSONAL 404,964,310 N/A 404,964,310 404,964,310
M. MOBILE HOMES 476,390 N/A 476,390 476,390
Subtotal 587,534,586 0 587,534,586 587,534,586
Less Total Deductions 311,832,898 0 311,832,898 311,832,898
Total Taxable Value 275,701,688 0 275,701,688 275,701,688

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
276,693,868 275,701,688 276,693,868 275,701,688


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
992,180 0


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
565,690,058 564,697,878 565,690,058 564,697,878

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

177-905-02/Highland ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,076,130 N/A 1,076,130 1,076,130
C1. VACANT LOTS 39,740 N/A 39,740 39,740
D1. QUALIFIED AG LAND 12,222,896 N/A 12,222,896 12,222,896
D2. REAL PROP:FARM & RANCH 3,743,610 N/A 3,743,610 3,743,610
E. REAL PROP NONQUAL ACREAGE 19,571,120 N/A 19,571,120 19,571,120
F1. COMMERCIAL REAL 283,660 N/A 283,660 283,660
F2. INDUSTRIAL REAL 94,671,430 N/A 94,671,430 94,671,430
G. OIL,GAS,MINERALS 12,699,120 N/A 12,699,120 12,699,120
J. UTILITIES 36,453,600 N/A 36,453,600 36,453,600
L1. COMMERCIAL PERSONAL 1,332,580 N/A 1,332,580 1,332,580
L2. INDUSTRIAL PERSONAL 404,964,310 N/A 404,964,310 404,964,310
M. MOBILE HOMES 476,390 N/A 476,390 476,390
Subtotal 587,534,586 587,534,586 587,534,586
Less Total Deductions 311,832,898 311,832,898 311,832,898
Total Taxable Value 275,701,688 275,701,688 275,701,688

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
276,693,868 275,701,688 276,693,868 275,701,688


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
992,180 0


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
565,690,058 564,697,878 565,690,058 564,697,878

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