taxes Property Tax Assistance

2018 ISD Summary Worksheet

177-Nolan

177-905/Highland ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	423,670	N/A	423,670	423,670
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	21,050	N/A	21,050	21,050
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	11,465,850	1.3029	8,799,939	11,465,850
D2. REAL PROP:FARM & RANCH	3,888,160	N/A	3,888,160	3,888,160
E. REAL PROP NONQUAL ACREAGE	23,640,040	1.0002	23,635,313	23,640,040
F1. COMMERCIAL REAL	278,540	N/A	278,540	278,540
F2. INDUSTRIAL REAL	106,451,550	N/A	106,451,550	106,451,550
G. OIL,GAS,MINERALS	13,852,080	1.0155	13,640,650	13,852,080
J. UTILITIES	14,826,950	0.9051	16,381,560	14,826,950
L1. COMMERCIAL PERSONAL	1,824,800	N/A	1,824,800	1,824,800
L2. INDUSTRIAL PERSONAL	397,422,720	N/A	397,422,720	397,422,720
M. MOBILE HOMES	384,170	N/A	384,170	384,170
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	574,479,580	0	573,152,122	574,479,580
Less Total Deductions	308,245,403	0	308,245,403	308,245,403
Total Taxable Value	266,234,177	0	264,906,719	266,234,177

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
267,170,517	266,234,177	267,170,517	266,234,177

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
936,340	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
552,021,297	551,084,957	552,021,297	551,084,957

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

177-905-02/Highland ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	423,670	N/A	423,670	423,670
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	21,050	N/A	21,050	21,050
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	11,465,850	1.3029	8,799,939	11,465,850
D2. REAL PROP:FARM & RANCH	3,888,160	N/A	3,888,160	3,888,160
E. REAL PROP NONQUAL ACREAGE	23,640,040	1.0002	23,635,313	23,640,040
F1. COMMERCIAL REAL	278,540	N/A	278,540	278,540
F2. INDUSTRIAL REAL	106,451,550	N/A	106,451,550	106,451,550
G. OIL,GAS,MINERALS	13,852,080	1.0155	13,640,650	13,852,080
J. UTILITIES	14,826,950	0.9051	16,381,560	14,826,950
L1. COMMERCIAL PERSONAL	1,824,800	N/A	1,824,800	1,824,800
L2. INDUSTRIAL PERSONAL	397,422,720	N/A	397,422,720	397,422,720
M. MOBILE HOMES	384,170	N/A	384,170	384,170
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	574,479,580		573,152,122	574,479,580
Less Total Deductions	308,245,403		308,245,403	308,245,403
Total Taxable Value	266,234,177		264,906,719	266,234,177

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
267,170,517	266,234,177	267,170,517	266,234,177

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
936,340	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
552,021,297	551,084,957	552,021,297	551,084,957

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