taxes Property Tax Assistance

2019 ISD Summary Worksheet

188-Potter-Randall

188-903/Highland Park ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 43,990,512 0.7602 57,867,024 57,867,024
B. MULTIFAMILY RESIDENCES 4,928,251 N/A 4,928,251 4,928,251
C1. VACANT LOTS 11,240,896 N/A 11,240,896 11,240,896
D1. QUALIFIED AG LAND 5,076,742 0.9618 5,278,311 5,278,311
D2. REAL PROP:FARM & RANCH 68,608 N/A 68,608 68,608
E. REAL PROP NONQUAL ACREAGE 3,830,771 N/A 3,830,771 3,830,771
F1. COMMERCIAL REAL 131,640,553 0.9547 137,886,826 137,886,826
F2. INDUSTRIAL REAL 172,803,715 N/A 172,803,715 172,803,715
G. OIL,GAS,MINERALS 8,291,360 N/A 8,291,360 8,291,360
J. UTILITIES 358,172,682 0.9165 390,804,890 390,804,890
L1. COMMERCIAL PERSONAL 225,830,012 1.0068 224,304,740 224,304,740
L2. INDUSTRIAL PERSONAL 557,869,596 N/A 557,869,596 557,869,596
M. MOBILE HOMES 1,302,584 N/A 1,302,584 1,302,584
O. RESIDENTIAL INVENTORY 26,340 N/A 26,340 26,340
S. SPECIAL INVENTORY 10,552,325 N/A 10,552,325 10,552,325
Subtotal 1,535,624,947 0 1,587,056,237 1,587,056,237
Less Total Deductions 228,187,629 0 230,975,855 230,975,855
Total Taxable Value 1,307,437,318 0 1,356,080,382 1,356,080,382

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
1,357,523,151 1,356,080,382 1,357,523,151 1,356,080,382


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,442,769 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
1,357,523,151 1,356,080,382 1,357,523,151 1,356,080,382

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

188-903-02/Highland Park ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 43,990,512 0.7602 57,867,024 57,867,024
B. MULTIFAMILY RESIDENCES 4,928,251 N/A 4,928,251 4,928,251
C1. VACANT LOTS 11,240,896 N/A 11,240,896 11,240,896
D1. QUALIFIED AG LAND 5,076,742 0.9618 5,278,311 5,278,311
D2. REAL PROP:FARM & RANCH 68,608 N/A 68,608 68,608
E. REAL PROP NONQUAL ACREAGE 3,830,771 N/A 3,830,771 3,830,771
F1. COMMERCIAL REAL 131,640,553 0.9547 137,886,826 137,886,826
F2. INDUSTRIAL REAL 172,803,715 N/A 172,803,715 172,803,715
G. OIL,GAS,MINERALS 8,291,360 N/A 8,291,360 8,291,360
J. UTILITIES 358,172,682 0.9165 390,804,890 390,804,890
L1. COMMERCIAL PERSONAL 225,830,012 1.0068 224,304,740 224,304,740
L2. INDUSTRIAL PERSONAL 557,869,596 N/A 557,869,596 557,869,596
M. MOBILE HOMES 1,302,584 N/A 1,302,584 1,302,584
O. RESIDENTIAL INVENTORY 26,340 N/A 26,340 26,340
S. SPECIAL INVENTORY 10,552,325 N/A 10,552,325 10,552,325
Subtotal 1,535,624,947 1,587,056,237 1,587,056,237
Less Total Deductions 228,187,629 230,975,855 230,975,855
Total Taxable Value 1,307,437,318 1,356,080,382 1,356,080,382

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
1,357,523,151 1,356,080,382 1,357,523,151 1,356,080,382


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,442,769 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
1,357,523,151 1,356,080,382 1,357,523,151 1,356,080,382

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