taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

102/Harrison

102-901/Karnack ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 50,932,190 .8188 62,203,456 50,932,190
B. Multi-Family Residences 297,720 N/A 297,720 297,720
C1. Vacant Lots 7,087,440 N/A 7,087,440 7,087,440
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,897,420 .9664 6,102,758 5,897,420
D2. Real Prop Farm & Ranch 243,990 N/A 243,990 243,990
E. Real Prop NonQual Acres 94,062,390 .9190 102,352,982 94,062,390
F1. Commercial Real 4,460,700 N/A 4,460,700 4,460,700
F2. Industrial Real 107,490 N/A 107,490 107,490
G. Oil, Gas, Minerals 53,083,060 1.0481 50,646,942 53,083,060
J. Utilities 19,115,100 .8914 21,443,908 19,115,100
L1. Commercial Personal 1,847,420 N/A 1,847,420 1,847,420
L2. Industrial Personal 3,516,800 N/A 3,516,800 3,516,800
M. Other Personal 3,572,330 N/A 3,572,330 3,572,330
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 244,224,050 263,883,936 244,224,050
Less Total Deductions 25,937,198   32,362,519 25,937,198
Total Taxable Value 218,286,852 231,521,417 218,286,852 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
224,660,688 218,286,852 218,176,799 211,802,963 219,457,814 212,973,925


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,373,836 6,483,889


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
224,660,688 218,286,852 218,176,799 211,802,963 219,457,814 212,973,925

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