taxes Property Tax Assistance

2016 ISD Summary Worksheet

101/Harris

101-915/Klein ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 15,670,920,966 N/A 15,670,920,966 15,670,920,966
B. Multi-Family Residences 904,275,631 N/A 904,275,631 904,275,631
C1. Vacant Lots 426,990,037 N/A 426,990,037 426,990,037
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,804,878 N/A 3,804,878 3,804,878
D2. Real Prop Farm & Ranch 6,703,576 N/A 6,703,576 6,703,576
E. Real Prop NonQual Acres 70,450,842 N/A 70,450,842 70,450,842
F1. Commercial Real 3,019,967,321 N/A 3,019,967,321 3,019,967,321
F2. Industrial Real 96,961,717 N/A 96,961,717 96,961,717
G. Oil, Gas, Minerals 703,214 N/A 703,214 703,214
J. Utilities 197,584,721 N/A 197,584,721 197,584,721
L1. Commercial Personal 798,646,556 N/A 798,646,556 798,646,556
L2. Industrial Personal 938,697,479 N/A 938,697,479 938,697,479
M. Other Personal 35,338,971 N/A 35,338,971 35,338,971
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 97,038,051 N/A 97,038,051 97,038,051
S. Special Inventory 31,393,828 N/A 31,393,828 31,393,828
Subtotal 22,299,477,788 22,299,477,788 22,299,477,788
Less Total Deductions 3,420,684,415   3,420,684,415 3,420,684,415
Total Taxable Value 18,878,793,373 18,878,793,373 18,878,793,373 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
19,419,269,680 18,878,793,373 19,419,269,680 18,878,793,373


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
540,476,307 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
19,488,112,321 18,947,636,014 19,488,112,321 18,947,636,014

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