taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

101/Harris

101-925/Huffman ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 747,701,607 .9574 780,970,970 747,701,607
B. Multi-Family Residences 8,693,487 N/A 8,693,487 8,693,487
C1. Vacant Lots 63,330,038 .9593 66,016,927 63,330,038
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,741,588 .8939 1,948,306 1,741,588
D2. Real Prop Farm & Ranch 317,598 N/A 317,598 317,598
E. Real Prop NonQual Acres 23,768,591 N/A 23,768,591 23,768,591
F1. Commercial Real 44,526,282 N/A 44,526,282 44,526,282
F2. Industrial Real 340,000 N/A 340,000 340,000
G. Oil, Gas, Minerals 6,242,960 N/A 6,242,960 6,242,960
J. Utilities 21,276,929 N/A 21,276,929 21,276,929
L1. Commercial Personal 15,319,148 N/A 15,319,148 15,319,148
L2. Industrial Personal 5,415,985 N/A 5,415,985 5,415,985
M. Other Personal 12,710,226 N/A 12,710,226 12,710,226
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 2,889,434 N/A 2,889,434 2,889,434
S. Special Inventory 388,782 N/A 388,782 388,782
Subtotal 954,662,655 990,825,625 954,662,655
Less Total Deductions 152,466,062   159,352,654 152,466,062
Total Taxable Value 802,196,593 831,472,971 802,196,593 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
838,152,048 802,196,593 838,152,048 802,196,593 807,747,086 807,747,086


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
35,955,455 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
838,152,048 802,196,593 838,152,048 802,196,593 807,747,086 807,747,086

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