taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 ISD Summary Worksheet

146/Liberty

146-904/Hardin ISD


Category Local Tax Roll Value 2014 WTD Mean Ratio 2014 PTAD Value Estimate 2014 Value Assigned
A. Single-Family Residences 168,555,841 .9551 176,479,783 168,555,841
B. Multi-Family Residences 543,090 N/A 543,090 543,090
C1. Vacant Lots 14,262,390 N/A 14,262,390 14,262,390
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 13,982,110 1.1668 11,982,831 13,982,110
D2. Real Prop Farm & Ranch 2,197,153 N/A 2,197,153 2,197,153
E. Real Prop NonQual Acres 74,074,820 .9350 79,224,406 74,074,820
F1. Commercial Real 12,130,507 N/A 12,130,507 12,130,507
F2. Industrial Real 415,920 N/A 415,920 415,920
G. Oil, Gas, Minerals 12,851,162 N/A 12,851,162 12,851,162
J. Utilities 66,503,860 .9722 68,405,534 66,503,860
L1. Commercial Personal 13,988,590 N/A 13,988,590 13,988,590
L2. Industrial Personal 3,988,310 N/A 3,988,310 3,988,310
M. Other Personal 12,004,870 N/A 12,004,870 12,004,870
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 395,498,623 408,474,546 395,498,623
Less Total Deductions 58,383,065   61,413,036 58,383,065
Total Taxable Value 337,115,558 347,061,510 337,115,558 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
354,050,757 337,115,558 354,050,757 337,115,558 339,189,886 339,189,886


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
16,935,199 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
354,050,757 337,115,558 354,050,757 337,115,558 339,189,886 339,189,886

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