taxes Property Tax Assistance

2016 ISD Summary Worksheet

177/Nolan

177-905/Highland ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 402,290 N/A 402,290 402,290
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 23,220 N/A 23,220 23,220
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,097,530 .8190 9,886,987 8,097,530
D2. Real Prop Farm & Ranch 2,961,690 N/A 2,961,690 2,961,690
E. Real Prop NonQual Acres 17,144,740 .9348 18,340,543 17,144,740
F1. Commercial Real 360,370 N/A 360,370 360,370
F2. Industrial Real 232,566,880 N/A 232,566,880 232,566,880
G. Oil, Gas, Minerals 21,506,200 1.0547 20,390,822 21,506,200
J. Utilities 13,478,760 .9680 13,924,339 13,478,760
L1. Commercial Personal 2,987,080 N/A 2,987,080 2,987,080
L2. Industrial Personal 164,998,020 N/A 164,998,020 164,998,020
M. Other Personal 456,280 N/A 456,280 456,280
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 464,983,060 467,298,521 464,983,060
Less Total Deductions 216,435,694   216,435,694 216,435,694
Total Taxable Value 248,547,366 250,862,827 248,547,366 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
249,430,926 248,547,366 249,430,926 248,547,366


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
883,560 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
453,483,776 452,600,216 453,483,776 452,600,216

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