taxes Property Tax Assistance

2017 ISD Summary Worksheet

246/Williamson

246-908/Liberty Hill ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 1,552,376,362 N/A 1,552,376,362 1,552,376,362
B. Multi-Family Residences 20,136,582 N/A 20,136,582 20,136,582
C1. Vacant Lots 78,603,078 N/A 78,603,078 78,603,078
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,847,493 N/A 1,847,493 1,847,493
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 210,145,002 N/A 210,145,002 210,145,002
F1. Commercial Real 145,981,835 N/A 145,981,835 145,981,835
F2. Industrial Real 4,433,730 N/A 4,433,730 4,433,730
G. Oil, Gas, Minerals 254,080 N/A 254,080 254,080
J. Utilities 17,235,253 N/A 17,235,253 17,235,253
L1. Commercial Personal 46,191,934 N/A 46,191,934 46,191,934
L2. Industrial Personal 13,029,744 N/A 13,029,744 13,029,744
M. Other Personal 5,240,932 N/A 5,240,932 5,240,932
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 134,030,564 N/A 134,030,564 134,030,564
S. Special Inventory 1,440,684 N/A 1,440,684 1,440,684
Subtotal 2,230,947,273 2,230,947,273 2,230,947,273
Less Total Deductions 258,599,143   258,599,143 258,599,143
Total Taxable Value 1,972,348,130 1,972,348,130 1,972,348,130 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
2,013,097,268 1,972,348,130 2,013,097,268 1,972,348,130


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
40,749,138 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
2,013,097,268 1,972,348,130 2,013,097,268 1,972,348,130

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