taxes Property Tax Assistance

2017 ISD Summary Worksheet

237/Waller

237-902/Hempstead ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 220,657,946 N/A 220,657,946 220,657,946
B. Multi-Family Residences 10,374,002 N/A 10,374,002 10,374,002
C1. Vacant Lots 19,807,957 N/A 19,807,957 19,807,957
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,038,454 N/A 11,038,454 11,038,454
D2. Real Prop Farm & Ranch 17,701,767 N/A 17,701,767 17,701,767
E. Real Prop NonQual Acres 237,126,700 N/A 237,126,700 237,126,700
F1. Commercial Real 78,126,725 N/A 78,126,725 78,126,725
F2. Industrial Real 3,421,290 N/A 3,421,290 3,421,290
G. Oil, Gas, Minerals 692,600 N/A 692,600 692,600
J. Utilities 20,825,780 N/A 20,825,780 20,825,780
L1. Commercial Personal 39,830,300 N/A 39,830,300 39,830,300
L2. Industrial Personal 2,776,340 N/A 2,776,340 2,776,340
M. Other Personal 6,009,824 N/A 6,009,824 6,009,824
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 15,920 N/A 15,920 15,920
Subtotal 668,405,605 668,405,605 668,405,605
Less Total Deductions 92,031,375   92,031,375 92,031,375
Total Taxable Value 576,374,230 576,374,230 576,374,230 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
590,259,623 576,374,230 590,259,623 576,374,230


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
13,885,393 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
590,259,623 576,374,230 590,259,623 576,374,230

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