taxes Property Tax Assistance

2017 ISD Summary Worksheet

225/Titus

225-907/Harts Bluff ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 119,725,051 .9913 120,775,800 119,725,051
B. Multi-Family Residences 514,945 N/A 514,945 514,945
C1. Vacant Lots 1,530,873 N/A 1,530,873 1,530,873
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,833,554 1.0280 1,783,603 1,833,554
D2. Real Prop Farm & Ranch 1,522,861 N/A 1,522,861 1,522,861
E. Real Prop NonQual Acres 27,942,707 .9124 30,625,501 27,942,707
F1. Commercial Real 6,660,506 N/A 6,660,506 6,660,506
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 9,789,186 1.1393 8,592,281 9,789,186
L1. Commercial Personal 841,559 N/A 841,559 841,559
L2. Industrial Personal 1,361,120 N/A 1,361,120 1,361,120
M. Other Personal 2,505,342 N/A 2,505,342 2,505,342
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,140,736 N/A 1,140,736 1,140,736
S. Special Inventory 9,542 N/A 9,542 9,542
Subtotal 175,814,735 178,301,422 175,814,735
Less Total Deductions 30,548,682   30,969,478 30,548,682
Total Taxable Value 145,266,053 147,331,944 145,266,053 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
151,694,519 145,266,053 151,694,519 145,266,053


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,428,466 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
151,694,519 145,266,053 151,694,519 145,266,053

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