taxes Property Tax Assistance

2018 ISD Summary Worksheet

003/Angelina

003-904/Huntington ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 203,858,070 1.0056 202,722,822 203,858,070
B. Multi-Family Residences 1,143,930 N/A 1,143,930 1,143,930
C1. Vacant Lots 10,040,780 N/A 10,040,780 10,040,780
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 16,112,289 1.0680 15,087,057 16,112,289
D2. Real Prop Farm & Ranch 1,691,470 N/A 1,691,470 1,691,470
E. Real Prop NonQual Acres 79,147,631 .9794 80,812,366 79,147,631
F1. Commercial Real 12,085,360 N/A 12,085,360 12,085,360
F2. Industrial Real 31,820 N/A 31,820 31,820
G. Oil, Gas, Minerals 18,159,606 N/A 18,159,606 18,159,606
J. Utilities 15,706,570 N/A 15,706,570 15,706,570
L1. Commercial Personal 8,856,250 N/A 8,856,250 8,856,250
L2. Industrial Personal 1,044,980 N/A 1,044,980 1,044,980
M. Other Personal 8,513,720 N/A 8,513,720 8,513,720
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 221,480 N/A 221,480 221,480
S. Special Inventory 9,780 N/A 9,780 9,780
Subtotal 376,623,736 376,127,991 376,623,736
Less Total Deductions 93,673,803   93,242,537 93,673,803
Total Taxable Value 282,949,933 282,885,454 282,949,933 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
298,941,569 282,949,933 279,954,750 263,963,114


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
15,991,636 18,986,819


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
298,941,569 282,949,933 279,954,750 263,963,114

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