taxes Property Tax Assistance

2016 ISD Summary Worksheet

246/Williamson

246-908/Liberty Hill ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 1,321,952,191 .9896 1,335,844,979 1,321,952,191
B. Multi-Family Residences 7,719,028 N/A 7,719,028 7,719,028
C1. Vacant Lots 73,326,825 N/A 73,326,825 73,326,825
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,261,253 .9951 2,272,312 2,261,253
D2. Real Prop Farm & Ranch 51,625,595 N/A 51,625,595 51,625,595
E. Real Prop NonQual Acres 135,419,216 .9581 141,341,422 135,419,216
F1. Commercial Real 130,606,326 .8846 147,644,501 130,606,326
F2. Industrial Real 4,066,854 N/A 4,066,854 4,066,854
G. Oil, Gas, Minerals 163,172 N/A 163,172 163,172
J. Utilities 16,711,725 N/A 16,711,725 16,711,725
L1. Commercial Personal 47,177,044 N/A 47,177,044 47,177,044
L2. Industrial Personal 12,939,003 N/A 12,939,003 12,939,003
M. Other Personal 4,390,453 N/A 4,390,453 4,390,453
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 103,453,600 N/A 103,453,600 103,453,600
S. Special Inventory 810,575 N/A 810,575 810,575
Subtotal 1,912,622,860 1,949,487,088 1,912,622,860
Less Total Deductions 235,056,782   238,406,385 235,056,782
Total Taxable Value 1,677,566,078 1,711,080,703 1,677,566,078 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
1,714,634,951 1,677,566,078 1,714,634,951 1,677,566,078


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
37,068,873 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
1,714,634,951 1,677,566,078 1,714,634,951 1,677,566,078

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