taxes Property Tax Assistance

2023 ISD Summary Worksheet

Karnack ISD (all splits)   Harrison County  

102-Harrison/Harrison County

102-901/Karnack ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 91,362,630 0.8313 109,903,320 91,362,630
B - MULTIFAMILY 1,451,590 N/A 1,451,590 1,451,590
C1 - VACANT LOTS 7,274,330 N/A 7,274,330 7,274,330
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,288,760 1.1078 6,579,536 7,288,760
D2 - FARM & RANCH IMP 773,000 N/A 773,000 773,000
E - NON-AG LAND AND IMPROVEMENTS 171,400,900 0.9614 178,282,609 171,400,900
F1 - COMMERCIAL REAL 9,259,579 N/A 9,259,579 9,259,579
F2 - INDUSTRIAL REAL 214,010 N/A 214,010 214,010
G - ALL MINERALS 44,991,756 1.0100 44,546,293 44,991,756
J - ALL UTILITIES 43,661,300 0.9518 45,872,347 43,661,300
L1 - COMMERCIAL PERSONAL 3,878,030 N/A 3,878,030 3,878,030
L2 - INDUSTRIAL PERSONAL 6,893,880 N/A 6,893,880 6,893,880
M1 - MOBILE HOMES 5,199,240 N/A 5,199,240 5,199,240
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 393,649,005 0 420,127,764 393,649,005
Less Total Deductions 81,670,418 0 95,028,302 81,670,418
Total Taxable Value 311,978,587 0 325,099,462 311,978,587

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

Measure Value Description
T1 330,740,915 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 311,978,587 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 321,032,906 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 302,270,578 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 341,885,915 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 349,315,915 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 321,476,047 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 330,740,915 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 311,978,587 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 321,032,906 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 302,270,578 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 341,885,915 T13 plus the loss to the chapter 313 agreement
T16 349,315,915 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 321,476,047 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 18,762,328 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 9,708,009 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 11,145,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 7,430,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED


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102-901-02/Karnack ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 91,362,630 0.8313 109,903,320 91,362,630
B - MULTIFAMILY 1,451,590 N/A 1,451,590 1,451,590
C1 - VACANT LOTS 7,274,330 N/A 7,274,330 7,274,330
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 7,288,760 1.1078 6,579,536 7,288,760
D2 - FARM & RANCH IMP 773,000 N/A 773,000 773,000
E - NON-AG LAND AND IMPROVEMENTS 171,400,900 0.9614 178,282,609 171,400,900
F1 - COMMERCIAL REAL 9,259,579 N/A 9,259,579 9,259,579
F2 - INDUSTRIAL REAL 214,010 N/A 214,010 214,010
G - ALL MINERALS 44,991,756 1.0100 44,546,293 44,991,756
J - ALL UTILITIES 43,661,300 0.9518 45,872,347 43,661,300
L1 - COMMERCIAL PERSONAL 3,878,030 N/A 3,878,030 3,878,030
L2 - INDUSTRIAL PERSONAL 6,893,880 N/A 6,893,880 6,893,880
M1 - MOBILE HOMES 5,199,240 N/A 5,199,240 5,199,240
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 393,649,005 420,127,764 393,649,005
Less Total Deductions 81,670,418 95,028,302 81,670,418
Total Taxable Value 311,978,587 325,099,462 311,978,587

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

Measure Value Description
T1 330,740,915 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 311,978,587 School district taxable value for M&O purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T3 321,032,906 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 302,270,578 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 341,885,915 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 349,315,915 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 321,476,047 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 330,740,915 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 311,978,587 School district taxable value for i&s purposes after the loss to the increase in the state-mandated homestead exemption and the tax ceiling reduction
T9 321,032,906 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 302,270,578 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 341,885,915 T13 plus the loss to the chapter 313 agreement
T16 349,315,915 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 321,476,047 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 18,762,328 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 9,708,009 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 11,145,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 7,430,000 Loss to Second Previous Homestead Increase

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