taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

237/Waller

237-902/Hempstead ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 165,201,772 .9737 169,663,933 165,201,772
B. Multi-Family Residences 9,408,752 N/A 9,408,752 9,408,752
C1. Vacant Lots 19,867,060 N/A 19,867,060 19,867,060
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,322,159 1.2303 9,203,083 11,322,159
D2. Real Prop Farm & Ranch 12,739,981 N/A 12,739,981 12,739,981
E. Real Prop NonQual Acres 170,289,966 .9425 180,679,009 170,289,966
F1. Commercial Real 64,560,174 .9071 71,172,058 64,560,174
F2. Industrial Real 2,857,510 N/A 2,857,510 2,857,510
G. Oil, Gas, Minerals 3,827,140 N/A 3,827,140 3,827,140
J. Utilities 17,598,100 N/A 17,598,100 17,598,100
L1. Commercial Personal 34,705,450 .9947 34,890,369 34,705,450
L2. Industrial Personal 3,332,700 N/A 3,332,700 3,332,700
M. Other Personal 6,255,600 N/A 6,255,600 6,255,600
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 130,210 N/A 130,210 130,210
Subtotal 522,096,574 541,625,505 522,096,574
Less Total Deductions 60,721,255   62,717,218 60,721,255
Total Taxable Value 461,375,319 478,908,287 461,375,319 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
476,241,039 461,375,319 476,241,039 461,375,319 463,559,160 463,559,160


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,865,720 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
476,241,039 461,375,319 476,241,039 461,375,319 463,559,160 463,559,160

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