taxes Property Tax Assistance

2016 ISD Summary Worksheet

101/Harris

101-917/Pasadena ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 6,291,285,562 N/A 6,291,285,562 6,291,285,562
B. Multi-Family Residences 1,103,583,975 N/A 1,103,583,975 1,103,583,975
C1. Vacant Lots 255,385,800 N/A 255,385,800 255,385,800
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 98,806 N/A 98,806 98,806
D2. Real Prop Farm & Ranch 428,288 N/A 428,288 428,288
E. Real Prop NonQual Acres 68,836,306 N/A 68,836,306 68,836,306
F1. Commercial Real 3,214,862,230 N/A 3,214,862,230 3,214,862,230
F2. Industrial Real 1,293,896,439 N/A 1,293,896,439 1,293,896,439
G. Oil, Gas, Minerals 1,059,330 N/A 1,059,330 1,059,330
J. Utilities 383,867,255 N/A 383,867,255 383,867,255
L1. Commercial Personal 1,194,229,578 N/A 1,194,229,578 1,194,229,578
L2. Industrial Personal 758,904,417 N/A 758,904,417 758,904,417
M. Other Personal 21,195,712 N/A 21,195,712 21,195,712
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 11,531,672 N/A 11,531,672 11,531,672
S. Special Inventory 141,881,490 N/A 141,881,490 141,881,490
Subtotal 14,741,046,860 14,741,046,860 14,741,046,860
Less Total Deductions 1,921,858,946   1,921,858,946 1,921,858,946
Total Taxable Value 12,819,187,914 12,819,187,914 12,819,187,914 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
13,184,494,377 12,819,187,914 12,964,503,359 12,599,196,896


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
365,306,463 219,991,018


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
13,184,494,377 12,819,187,914 12,964,503,359 12,599,196,896

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