taxes Property Tax Assistance

2017 ISD Summary Worksheet

101/Harris

101-915/Klein ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 16,193,108,804 .9772 16,570,925,915 16,193,108,804
B. Multi-Family Residences 1,027,227,921 .9008 1,140,350,712 1,027,227,921
C1. Vacant Lots 431,213,169 .8910 483,965,397 431,213,169
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,777,902 1.0186 2,727,301 2,777,902
D2. Real Prop Farm & Ranch 83,390,905 N/A 83,390,905 83,390,905
E. Real Prop NonQual Acres 6,834,080 N/A 6,834,080 6,834,080
F1. Commercial Real 3,346,661,523 .8957 3,736,364,322 3,346,661,523
F2. Industrial Real 100,276,027 N/A 100,276,027 100,276,027
G. Oil, Gas, Minerals 765,401 N/A 765,401 765,401
J. Utilities 192,304,512 N/A 192,304,512 192,304,512
L1. Commercial Personal 752,701,408 .9708 775,341,376 752,701,408
L2. Industrial Personal 907,097,439 N/A 907,097,439 907,097,439
M. Other Personal 35,608,462 N/A 35,608,462 35,608,462
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 91,721,462 N/A 91,721,462 91,721,462
S. Special Inventory 32,655,112 N/A 32,655,112 32,655,112
Subtotal 23,204,344,127 24,160,328,423 23,204,344,127
Less Total Deductions 3,026,248,533   3,104,008,566 3,026,248,533
Total Taxable Value 20,178,095,594 21,056,319,857 20,178,095,594 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
20,728,066,753 20,178,095,594 20,728,066,753 20,178,095,594


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
549,971,159 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
20,728,066,753 20,178,095,594 20,728,066,753 20,178,095,594

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