taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

188/Potter

188-903/Highland Park ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 44,986,650 N/A 44,986,650 44,986,650
B. Multi-Family Residences 23,721 N/A 23,721 23,721
C1. Vacant Lots 9,578,616 N/A 9,578,616 9,578,616
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,744,375 N/A 4,744,375 4,744,375
D2. Real Prop Farm & Ranch 65,108 N/A 65,108 65,108
E. Real Prop NonQual Acres 2,744,715 N/A 2,744,715 2,744,715
F1. Commercial Real 97,642,143 N/A 97,642,143 97,642,143
F2. Industrial Real 168,148,236 N/A 168,148,236 168,148,236
G. Oil, Gas, Minerals 21,465,250 N/A 21,465,250 21,465,250
J. Utilities 261,373,389 N/A 261,373,389 261,373,389
L1. Commercial Personal 147,072,359 N/A 147,072,359 147,072,359
L2. Industrial Personal 459,085,251 N/A 459,085,251 459,085,251
M. Other Personal 1,343,884 N/A 1,343,884 1,343,884
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 54,216 N/A 54,216 54,216
S. Special Inventory 14,145,318 N/A 14,145,318 14,145,318
Subtotal 1,232,473,231 1,232,473,231 1,232,473,231
Less Total Deductions 258,201,708   258,201,708 258,201,708
Total Taxable Value 974,271,523 974,271,523 974,271,523 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
976,454,404 974,271,523 976,454,404 974,271,523 974,734,902 974,734,902


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,182,881 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
976,454,404 974,271,523 976,454,404 974,271,523 974,734,902 974,734,902

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