taxes Property Tax

School and Appraisal Districts Property Value Study 2012 Report

2012 ISD Summary Worksheet

188/Potter

188-903/Highland Park ISD


Category Local Tax Roll Value 2012 WTD Mean Ratio 2012 PTAD Value Estimate 2012 Value Assigned
A. Single-Family Residences 42,573,143 N/A 42,573,143 42,573,143
B. Multi-Family Residences 38,727 N/A 38,727 38,727
C. Vacant Lots 4,990,034 N/A 4,990,034 4,990,034
D. Rural Real(Taxable) 12,653,067 N/A 12,653,067 12,653,067
F1. Commercial Real 122,554,226 N/A 122,554,226 122,554,226
F2. Industrial Real 150,193,441 N/A 150,193,441 150,193,441
G. Oil, Gas, Minerals 30,667,510 N/A 30,667,510 30,667,510
J. Utilities 247,853,610 N/A 247,853,610 247,853,610
L1. Commercial Personal 163,045,575 N/A 163,045,575 163,045,575
L2. Industrial Personal 539,717,354 N/A 539,717,354 539,717,354
M. Other Personal 2,371,656 N/A 2,371,656 2,371,656
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 54,216 N/A 54,216 54,216
S. Special Inventory 9,797,131 N/A 9,797,131 9,797,131
Subtotal 1,326,509,690 1,326,509,690 1,326,509,690
Less Total Deductions 367,121,305   367,121,305 367,121,305
Total Taxable Value 959,388,385 959,388,385 959,388,385 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 6,839,139 N/A 6,839,139
Prod Value Qualified Acres 5,813,928 N/A 5,813,928
Taxable Value 12,653,067   12,653,067

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
961,702,696 959,388,385 961,702,696 959,388,385 960,849,616 960,849,616


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,314,311 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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
961,702,696 959,388,385 961,702,696 959,388,385 960,849,616 960,849,616

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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 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