taxes Property Tax Assistance

2016 ISD Summary Worksheet

101/Harris

101-925/Huffman ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 985,029,343 N/A 985,029,343 985,029,343
B. Multi-Family Residences 11,061,625 N/A 11,061,625 11,061,625
C1. Vacant Lots 80,710,430 N/A 80,710,430 80,710,430
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,826,558 N/A 3,826,558 3,826,558
D2. Real Prop Farm & Ranch 11,645,598 N/A 11,645,598 11,645,598
E. Real Prop NonQual Acres 4,804,024 N/A 4,804,024 4,804,024
F1. Commercial Real 60,459,186 N/A 60,459,186 60,459,186
F2. Industrial Real 355,980 N/A 355,980 355,980
G. Oil, Gas, Minerals 2,745,080 N/A 2,745,080 2,745,080
J. Utilities 29,162,010 N/A 29,162,010 29,162,010
L1. Commercial Personal 26,893,022 N/A 26,893,022 26,893,022
L2. Industrial Personal 5,922,075 N/A 5,922,075 5,922,075
M. Other Personal 13,251,314 N/A 13,251,314 13,251,314
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 3,606,190 N/A 3,606,190 3,606,190
S. Special Inventory 283,011 N/A 283,011 283,011
Subtotal 1,239,755,446 1,239,755,446 1,239,755,446
Less Total Deductions 188,669,592   188,669,592 188,669,592
Total Taxable Value 1,051,085,854 1,051,085,854 1,051,085,854 T2

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
1,087,300,435 1,051,085,854 1,087,300,435 1,051,085,854


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
36,214,581 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
1,087,300,435 1,051,085,854 1,087,300,435 1,051,085,854

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