taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 ISD Summary Worksheet

237/Waller

237-902/Hempstead ISD


Category Local Tax Roll Value 2013 WTD Mean Ratio 2013 PTAD Value Estimate 2013 Value Assigned
A. Single-Family Residences 156,705,701 N/A 156,705,701 156,705,701
B. Multi-Family Residences 9,110,236 N/A 9,110,236 9,110,236
C1. Vacant Lots 19,945,246 N/A 19,945,246 19,945,246
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,158,701 N/A 11,158,701 11,158,701
D2. Real Prop Farm & Ranch 11,428,939 N/A 11,428,939 11,428,939
E. Real Prop NonQual Acres 160,136,311 N/A 160,136,311 160,136,311
F1. Commercial Real 61,743,907 N/A 61,743,907 61,743,907
F2. Industrial Real 2,761,510 N/A 2,761,510 2,761,510
G. Oil, Gas, Minerals 5,204,759 N/A 5,204,759 5,204,759
J. Utilities 16,944,210 N/A 16,944,210 16,944,210
L1. Commercial Personal 26,048,550 N/A 26,048,550 26,048,550
L2. Industrial Personal 3,242,870 N/A 3,242,870 3,242,870
M. Other Personal 6,335,810 N/A 6,335,810 6,335,810
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 12,840 N/A 12,840 12,840
Subtotal 490,779,590 490,779,590 490,779,590
Less Total Deductions 50,427,230   50,427,230 50,427,230
Total Taxable Value 440,352,360 440,352,360 440,352,360 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
455,075,939 440,352,360 455,075,939 440,352,360 443,129,606 443,129,606


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,723,579 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
455,075,939 440,352,360 455,075,939 440,352,360 443,129,606 443,129,606

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