taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

003/Angelina

003-904/Huntington ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 180,393,830 .9783 184,395,206 180,393,830
B. Multi-Family Residences 855,060 N/A 855,060 855,060
C1. Vacant Lots 10,486,508 N/A 10,486,508 10,486,508
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,966,508 1.0768 11,113,140 11,966,508
D2. Real Prop Farm & Ranch 1,537,650 N/A 1,537,650 1,537,650
E. Real Prop NonQual Acres 70,925,200 1.0448 67,883,997 70,925,200
F1. Commercial Real 12,094,600 N/A 12,094,600 12,094,600
F2. Industrial Real 34,510 N/A 34,510 34,510
G. Oil, Gas, Minerals 3,311,967 N/A 3,311,967 3,311,967
J. Utilities 14,140,970 N/A 14,140,970 14,140,970
L1. Commercial Personal 8,674,840 N/A 8,674,840 8,674,840
L2. Industrial Personal 757,500 N/A 757,500 757,500
M. Other Personal 7,976,330 N/A 7,976,330 7,976,330
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 307,030 N/A 307,030 307,030
S. Special Inventory 0 N/A 0 0
Subtotal 323,462,503 323,569,308 323,462,503
Less Total Deductions 73,201,730   74,715,860 73,201,730
Total Taxable Value 250,260,773 248,853,448 250,260,773 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
269,640,204 250,260,773 252,465,642 233,086,211 251,241,394 234,066,832


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
19,379,431 17,174,562


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
269,640,204 250,260,773 252,465,642 233,086,211 251,241,394 234,066,832

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