taxes Property Tax Assistance

2018 ISD Summary Worksheet

101/Harris

101-925/Huffman ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 1,079,088,230 N/A 1,079,088,230 1,079,088,230
B. Multi-Family Residences 11,899,996 N/A 11,899,996 11,899,996
C1. Vacant Lots 86,199,023 N/A 86,199,023 86,199,023
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,586,652 N/A 3,586,652 3,586,652
D2. Real Prop Farm & Ranch 266,938 N/A 266,938 266,938
E. Real Prop NonQual Acres 25,540,081 N/A 25,540,081 25,540,081
F1. Commercial Real 72,195,217 N/A 72,195,217 72,195,217
F2. Industrial Real 306,559 N/A 306,559 306,559
G. Oil, Gas, Minerals 1,904,880 N/A 1,904,880 1,904,880
J. Utilities 29,600,623 N/A 29,600,623 29,600,623
L1. Commercial Personal 27,656,660 N/A 27,656,660 27,656,660
L2. Industrial Personal 5,842,094 N/A 5,842,094 5,842,094
M. Other Personal 14,349,097 N/A 14,349,097 14,349,097
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 39,300 N/A 39,300 39,300
S. Special Inventory 609,058 N/A 609,058 609,058
Subtotal 1,359,084,408 1,359,084,408 1,359,084,408
Less Total Deductions 181,321,902   181,321,902 181,321,902
Total Taxable Value 1,177,762,506 1,177,762,506 1,177,762,506 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
1,214,704,943 1,177,762,506 1,214,704,943 1,177,762,506


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
36,942,437 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
1,214,704,943 1,177,762,506 1,214,704,943 1,177,762,506

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