taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

039/Clay

039-902/Henrietta ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 156,243,050 .9470 164,987,381 156,243,050
B. Multi-Family Residences 1,353,210 N/A 1,353,210 1,353,210
C1. Vacant Lots 2,477,100 N/A 2,477,100 2,477,100
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 19,251,960 1.1069 17,393,193 19,251,960
D2. Real Prop Farm & Ranch 3,011,550 N/A 3,011,550 3,011,550
E. Real Prop NonQual Acres 39,001,460 .9222 42,291,759 39,001,460
F1. Commercial Real 16,872,260 N/A 16,872,260 16,872,260
F2. Industrial Real 2,129,210 N/A 2,129,210 2,129,210
G. Oil, Gas, Minerals 34,913,380 1.0308 33,870,179 34,913,380
J. Utilities 56,006,030 .9959 56,236,600 56,006,030
L1. Commercial Personal 9,598,400 N/A 9,598,400 9,598,400
L2. Industrial Personal 37,233,930 N/A 37,233,930 37,233,930
M. Other Personal 8,428,930 N/A 8,428,930 8,428,930
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 123,270 N/A 123,270 123,270
S. Special Inventory 3,224,400 N/A 3,224,400 3,224,400
Subtotal 389,868,140 399,231,372 389,868,140
Less Total Deductions 49,358,003   52,266,371 49,358,003
Total Taxable Value 340,510,137 346,965,001 340,510,137 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
355,851,447 340,510,137 355,851,447 340,510,137 342,008,763 342,008,763


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
15,341,310 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
355,851,447 340,510,137 355,851,447 340,510,137 342,008,763 342,008,763

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