taxes Property Tax Assistance

2017 ISD Summary Worksheet

101/Harris

101-925/Huffman ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 1,068,612,576 .9645 1,107,944,610 1,068,612,576
B. Multi-Family Residences 11,573,514 N/A 11,573,514 11,573,514
C1. Vacant Lots 88,274,089 .8271 106,727,226 88,274,089
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,819,308 .9961 3,834,269 3,819,308
D2. Real Prop Farm & Ranch 11,751,437 N/A 11,751,437 11,751,437
E. Real Prop NonQual Acres 5,502,494 N/A 5,502,494 5,502,494
F1. Commercial Real 66,322,301 N/A 66,322,301 66,322,301
F2. Industrial Real 326,587 N/A 326,587 326,587
G. Oil, Gas, Minerals 2,962,620 N/A 2,962,620 2,962,620
J. Utilities 29,114,116 N/A 29,114,116 29,114,116
L1. Commercial Personal 26,411,570 N/A 26,411,570 26,411,570
L2. Industrial Personal 5,684,748 N/A 5,684,748 5,684,748
M. Other Personal 12,576,468 N/A 12,576,468 12,576,468
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 793,046 N/A 793,046 793,046
S. Special Inventory 465,390 N/A 465,390 465,390
Subtotal 1,334,190,264 1,391,990,396 1,334,190,264
Less Total Deductions 201,301,632   210,657,328 201,301,632
Total Taxable Value 1,132,888,632 1,181,333,068 1,132,888,632 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
1,169,953,280 1,132,888,632 1,169,953,280 1,132,888,632


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
37,064,648 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
1,169,953,280 1,132,888,632 1,169,953,280 1,132,888,632

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