taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

101/Harris

101-907/Cypress-Fairbanks ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 22,344,312,480 .9621 23,224,521,858 22,344,312,480
B. Multi-Family Residences 2,094,351,145 .9545 2,194,186,637 2,094,351,145
C1. Vacant Lots 738,578,172 1.0101 731,193,121 738,578,172
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,602,621 1.1081 5,056,122 5,602,621
D2. Real Prop Farm & Ranch 23,179,640 N/A 23,179,640 23,179,640
E. Real Prop NonQual Acres 202,391,343 1.0825 186,966,599 202,391,343
F1. Commercial Real 8,397,946,504 1.0212 8,223,606,056 8,397,946,504
F2. Industrial Real 867,945,343 N/A 867,945,343 867,945,343
G. Oil, Gas, Minerals 7,670,860 N/A 7,670,860 7,670,860
J. Utilities 457,009,094 1.0705 426,911,811 457,009,094
L1. Commercial Personal 3,438,504,837 .9665 3,557,687,364 3,438,504,837
L2. Industrial Personal 5,955,934,122 N/A 5,955,934,122 5,955,934,122
M. Other Personal 21,770,521 N/A 21,770,521 21,770,521
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 121,259,631 N/A 121,259,631 121,259,631
S. Special Inventory 111,487,570 N/A 111,487,570 111,487,570
Subtotal 44,787,943,883 45,659,377,255 44,787,943,883
Less Total Deductions 5,903,719,003   6,027,826,707 5,903,719,003
Total Taxable Value 38,884,224,880 39,631,550,548 38,884,224,880 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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
39,995,806,550 38,884,224,880 38,195,250,653 37,083,668,983 39,040,699,639 37,240,143,742


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,111,581,670 1,800,555,897


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
39,995,806,550 38,884,224,880 38,195,250,653 37,083,668,983 39,040,699,639 37,240,143,742

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