taxes Property Tax Assistance

2018 ISD Summary Worksheet

236/Walker

236-902/Huntsville ISD

** This district is in year 2 of the grace period.


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 1,557,706,030 .9573 1,627,186,911 1,557,706,030
B. Multi-Family Residences 415,025,241 .8524 486,890,240 415,025,241
C1. Vacant Lots 146,549,083 N/A 146,549,083 146,549,083
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 38,829,147 1.0566 36,749,092 38,829,147
D2. Real Prop Farm & Ranch 16,000,892 N/A 16,000,892 16,000,892
E. Real Prop NonQual Acres 347,445,670 .7935 437,864,739 347,445,670
F1. Commercial Real 426,051,168 .9554 445,940,096 426,051,168
F2. Industrial Real 19,748,220 N/A 19,748,220 19,748,220
G. Oil, Gas, Minerals 9,047,466 N/A 9,047,466 9,047,466
J. Utilities 121,269,890 N/A 121,269,890 121,269,890
L1. Commercial Personal 135,719,320 N/A 135,719,320 135,719,320
L2. Industrial Personal 63,497,210 N/A 63,497,210 63,497,210
M. Other Personal 42,364,278 N/A 42,364,278 42,364,278
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,809,980 N/A 1,809,980 1,809,980
S. Special Inventory 18,121,660 N/A 18,121,660 18,121,660
Subtotal 3,359,185,255 3,608,759,077 3,359,185,255
Less Total Deductions 472,465,544   500,620,308 472,465,544
Total Taxable Value 2,886,719,711 3,108,138,769 2,886,719,711 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
2,952,829,454 2,886,719,711 2,952,829,454 2,886,719,711


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
66,109,743 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
2,952,829,454 2,886,719,711 2,952,829,454 2,886,719,711

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 invalid, but local value was certified because your school district is in year two of the grace period.