taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

101/Harris

101-915/Klein ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 10,697,014,173 .9625 11,113,780,959 10,697,014,173
B. Multi-Family Residences 409,702,940 .9242 443,305,497 409,702,940
C1. Vacant Lots 282,305,635 1.0203 276,688,851 282,305,635
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,034,999 1.0995 4,579,248 5,034,999
D2. Real Prop Farm & Ranch 4,524,889 N/A 4,524,889 4,524,889
E. Real Prop NonQual Acres 110,396,963 N/A 110,396,963 110,396,963
F1. Commercial Real 2,123,923,423 .9962 2,132,025,118 2,123,923,423
F2. Industrial Real 85,572,069 N/A 85,572,069 85,572,069
G. Oil, Gas, Minerals 2,025,378 N/A 2,025,378 2,025,378
J. Utilities 180,992,080 N/A 180,992,080 180,992,080
L1. Commercial Personal 719,074,297 .9604 748,723,758 719,074,297
L2. Industrial Personal 928,638,852 N/A 928,638,852 928,638,852
M. Other Personal 34,533,311 N/A 34,533,311 34,533,311
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 54,144,038 N/A 54,144,038 54,144,038
S. Special Inventory 23,553,113 N/A 23,553,113 23,553,113
Subtotal 15,661,436,160 16,143,484,124 15,661,436,160
Less Total Deductions 1,996,496,527   2,069,989,145 1,996,496,527
Total Taxable Value 13,664,939,633 14,073,494,979 13,664,939,633 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
14,177,364,844 13,664,939,633 14,177,364,844 13,664,939,633 13,802,195,507 13,802,195,507


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
512,425,211 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
14,250,931,351 13,738,506,140 14,250,931,351 13,738,506,140 13,875,762,014 13,875,762,014

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