taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

237/Waller

237-902/Hempstead ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 179,698,157 N/A 179,698,157 179,698,157
B. Multi-Family Residences 9,812,182 N/A 9,812,182 9,812,182
C1. Vacant Lots 18,542,130 N/A 18,542,130 18,542,130
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,345,542 N/A 11,345,542 11,345,542
D2. Real Prop Farm & Ranch 13,137,071 N/A 13,137,071 13,137,071
E. Real Prop NonQual Acres 180,458,127 N/A 180,458,127 180,458,127
F1. Commercial Real 70,494,030 N/A 70,494,030 70,494,030
F2. Industrial Real 3,425,100 N/A 3,425,100 3,425,100
G. Oil, Gas, Minerals 2,069,491 N/A 2,069,491 2,069,491
J. Utilities 18,380,230 N/A 18,380,230 18,380,230
L1. Commercial Personal 34,765,370 N/A 34,765,370 34,765,370
L2. Industrial Personal 3,229,300 N/A 3,229,300 3,229,300
M. Other Personal 6,066,220 N/A 6,066,220 6,066,220
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 69,400 N/A 69,400 69,400
Subtotal 551,492,350 551,492,350 551,492,350
Less Total Deductions 75,570,098   75,570,098 75,570,098
Total Taxable Value 475,922,252 475,922,252 475,922,252 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 T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
489,040,241 475,922,252 489,040,241 475,922,252


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
13,117,989 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

Value Taxable For I&S Purposes

T7 T8 T9 T10
489,040,241 475,922,252 489,040,241 475,922,252

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

The PVS found your local value to be valid, and local value was certified