taxes Property Tax Assistance

2021 ISD Summary Worksheet

102-Harrison /Harrison County

102-901/Karnack ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	62,044,350	0.9365	66,251,308	62,044,350
B - MULTIFAMILY	424,720	N/A	424,720	424,720
C1 - VACANT LOTS	3,567,180	N/A	3,567,180	3,567,180
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	8,141,570	1.0591	7,687,210	8,141,570
D2 - FARM & RANCH IMP	410,200	N/A	410,200	410,200
E - NON-AG LAND AND IMPROVEMENTS	122,608,880	0.9224	132,923,764	122,608,880
F1 - COMMERCIAL REAL	6,544,850	N/A	6,544,850	6,544,850
F2 - INDUSTRIAL REAL	166,510	N/A	166,510	166,510
G - ALL MINERALS	7,993,400	0.9705	8,236,373	7,993,400
J - ALL UTILITIES	35,239,200	0.8539	41,268,533	35,239,200
L1 - COMMERCIAL PERSONAL	2,088,660	N/A	2,088,660	2,088,660
L2 - INDUSTRIAL PERSONAL	1,561,590	N/A	1,561,590	1,561,590
M1 - MOBILE HOMES	3,722,400	N/A	3,722,400	3,722,400
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	254,513,510	0	274,853,298	254,513,510
Less Total Deductions	33,983,104	0	36,964,948	33,983,104
Total Taxable Value	220,530,406	0	237,888,350	220,530,406

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
225,166,458	220,530,406	217,612,154	212,976,102

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
4,636,052	7,554,304

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
225,166,458	220,530,406	217,612,154	212,976,102

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	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	62,044,350	0.9365	66,251,308	62,044,350
B - MULTIFAMILY	424,720	N/A	424,720	424,720
C1 - VACANT LOTS	3,567,180	N/A	3,567,180	3,567,180
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	8,141,570	1.0591	7,687,210	8,141,570
D2 - FARM & RANCH IMP	410,200	N/A	410,200	410,200
E - NON-AG LAND AND IMPROVEMENTS	122,608,880	0.9224	132,923,764	122,608,880
F1 - COMMERCIAL REAL	6,544,850	N/A	6,544,850	6,544,850
F2 - INDUSTRIAL REAL	166,510	N/A	166,510	166,510
G - ALL MINERALS	7,993,400	0.9705	8,236,373	7,993,400
J - ALL UTILITIES	35,239,200	0.8539	41,268,533	35,239,200
L1 - COMMERCIAL PERSONAL	2,088,660	N/A	2,088,660	2,088,660
L2 - INDUSTRIAL PERSONAL	1,561,590	N/A	1,561,590	1,561,590
M1 - MOBILE HOMES	3,722,400	N/A	3,722,400	3,722,400
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	254,513,510		274,853,298	254,513,510
Less Total Deductions	33,983,104		36,964,948	33,983,104
Total Taxable Value	220,530,406		237,888,350	220,530,406

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
225,166,458	220,530,406	217,612,154	212,976,102

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
4,636,052	7,554,304

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
225,166,458	220,530,406	217,612,154	212,976,102

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