taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

246/Williamson

246-908/Liberty Hill ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 945,097,828 .9608 983,657,190 945,097,828
B. Multi-Family Residences 2,257,181 N/A 2,257,181 2,257,181
C1. Vacant Lots 70,042,293 .9628 72,748,539 70,042,293
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,426,458 1.0624 2,283,854 2,426,458
D2. Real Prop Farm & Ranch 40,425,196 N/A 40,425,196 40,425,196
E. Real Prop NonQual Acres 108,570,449 .9755 111,297,231 108,570,449
F1. Commercial Real 99,092,203 1.0022 98,874,679 99,092,203
F2. Industrial Real 3,839,152 N/A 3,839,152 3,839,152
G. Oil, Gas, Minerals 145,667 N/A 145,667 145,667
J. Utilities 18,038,193 N/A 18,038,193 18,038,193
L1. Commercial Personal 34,162,426 N/A 34,162,426 34,162,426
L2. Industrial Personal 6,835,273 N/A 6,835,273 6,835,273
M. Other Personal 4,769,135 N/A 4,769,135 4,769,135
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 34,870,093 N/A 34,870,093 34,870,093
S. Special Inventory 393,387 N/A 393,387 393,387
Subtotal 1,370,964,934 1,414,597,196 1,370,964,934
Less Total Deductions 145,795,091   155,338,993 145,795,091
Total Taxable Value 1,225,169,843 1,259,258,203 1,225,169,843 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
1,257,845,085 1,225,169,843 1,257,845,085 1,225,169,843 1,225,169,843 1,225,169,843


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
32,675,242 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
1,257,845,085 1,225,169,843 1,257,845,085 1,225,169,843 1,225,169,843 1,225,169,843

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