taxes Property Tax Assistance

2023 ISD Summary Worksheet

101-Harris/Harris County

101-924/Sheldon ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 2,703,974,942 0.9953 2,716,743,637 2,703,974,942
B - MULTIFAMILY 257,698,536 0.8779 293,539,738 257,698,536
C1 - VACANT LOTS 169,785,935 N/A 169,785,935 169,785,935
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 522,298 1.0359 504,213 522,298
D2 - FARM & RANCH IMP 17,192 N/A 17,192 17,192
E - NON-AG LAND AND IMPROVEMENTS 96,525,960 N/A 96,525,960 96,525,960
F1 - COMMERCIAL REAL 1,153,269,122 0.9362 1,231,861,912 1,153,269,122
F2 - INDUSTRIAL REAL 1,545,036,202 N/A 1,545,036,202 1,545,036,202
G - ALL MINERALS 777,240 N/A 777,240 777,240
J - ALL UTILITIES 149,134,323 N/A 149,134,323 149,134,323
L1 - COMMERCIAL PERSONAL 293,591,523 1.0121 290,081,536 293,591,523
L2 - INDUSTRIAL PERSONAL 2,178,029,118 N/A 2,178,029,118 2,178,029,118
M1 - MOBILE HOMES 30,704,745 N/A 30,704,745 30,704,745
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 12,458,251 N/A 12,458,251 12,458,251
S - SPECIAL INVENTORY 1,432,651 N/A 1,432,651 1,432,651
Subtotal 8,592,958,038 0 8,716,632,653 8,592,958,038
Less Total Deductions 1,547,627,267 0 1,550,161,550 1,547,627,267
Total Taxable Value 7,045,330,771 0 7,166,471,103 7,045,330,771

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

Measure Value Description
T1 7,445,772,606 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 7,045,330,771 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 7,305,640,679 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 6,905,198,844 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 7,560,357,606 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 7,636,747,606 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 7,104,753,356 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 7,824,927,525 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 7,424,485,690 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 7,684,795,598 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 7,284,353,763 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 7,939,512,525 T13 plus the loss to the chapter 313 agreement
T16 8,015,902,525 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 7,483,908,275 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 400,441,835 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 140,131,927 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 114,585,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 76,390,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED

101-924-02/Sheldon ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 2,703,974,942 0.9953 2,716,743,637 2,703,974,942
B - MULTIFAMILY 257,698,536 0.8779 293,539,738 257,698,536
C1 - VACANT LOTS 169,785,935 N/A 169,785,935 169,785,935
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 522,298 1.0359 504,213 522,298
D2 - FARM & RANCH IMP 17,192 N/A 17,192 17,192
E - NON-AG LAND AND IMPROVEMENTS 96,525,960 N/A 96,525,960 96,525,960
F1 - COMMERCIAL REAL 1,153,269,122 0.9362 1,231,861,912 1,153,269,122
F2 - INDUSTRIAL REAL 1,545,036,202 N/A 1,545,036,202 1,545,036,202
G - ALL MINERALS 777,240 N/A 777,240 777,240
J - ALL UTILITIES 149,134,323 N/A 149,134,323 149,134,323
L1 - COMMERCIAL PERSONAL 293,591,523 1.0121 290,081,536 293,591,523
L2 - INDUSTRIAL PERSONAL 2,178,029,118 N/A 2,178,029,118 2,178,029,118
M1 - MOBILE HOMES 30,704,745 N/A 30,704,745 30,704,745
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 12,458,251 N/A 12,458,251 12,458,251
S - SPECIAL INVENTORY 1,432,651 N/A 1,432,651 1,432,651
Subtotal 8,592,958,038 8,716,632,653 8,592,958,038
Less Total Deductions 1,547,627,267 1,550,161,550 1,547,627,267
Total Taxable Value 7,045,330,771 7,166,471,103 7,045,330,771

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

Measure Value Description
T1 7,445,772,606 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 7,045,330,771 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 7,305,640,679 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 6,905,198,844 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 7,560,357,606 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 7,636,747,606 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 7,104,753,356 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 7,824,927,525 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 7,424,485,690 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 7,684,795,598 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 7,284,353,763 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 7,939,512,525 T13 plus the loss to the chapter 313 agreement
T16 8,015,902,525 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 7,483,908,275 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 400,441,835 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 140,131,927 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 114,585,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 76,390,000 Loss to Second Previous Homestead Increase