taxes Property Tax Assistance

2016 ISD Summary Worksheet

225/Titus

225-907/Harts Bluff ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 115,441,654 N/A 115,441,654 115,441,654
B. Multi-Family Residences 514,945 N/A 514,945 514,945
C1. Vacant Lots 1,513,484 N/A 1,513,484 1,513,484
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,550,807 N/A 1,550,807 1,550,807
D2. Real Prop Farm & Ranch 1,522,745 N/A 1,522,745 1,522,745
E. Real Prop NonQual Acres 26,484,236 N/A 26,484,236 26,484,236
F1. Commercial Real 6,485,952 N/A 6,485,952 6,485,952
F2. Industrial Real 169,553 N/A 169,553 169,553
G. Oil, Gas, Minerals 267,200 N/A 267,200 267,200
J. Utilities 11,694,166 N/A 11,694,166 11,694,166
L1. Commercial Personal 950,211 N/A 950,211 950,211
L2. Industrial Personal 1,286,180 N/A 1,286,180 1,286,180
M. Other Personal 2,364,664 N/A 2,364,664 2,364,664
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,052,002 N/A 1,052,002 1,052,002
S. Special Inventory 6,879 N/A 6,879 6,879
Subtotal 171,304,678 171,304,678 171,304,678
Less Total Deductions 29,595,438   29,595,438 29,595,438
Total Taxable Value 141,709,240 141,709,240 141,709,240 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
148,358,194 141,709,240 148,358,194 141,709,240


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,648,954 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
148,358,194 141,709,240 148,358,194 141,709,240

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