taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

102/Harrison

102-901/Karnack ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 55,383,320 1.0060 55,053,002 55,383,320
B. Multi-Family Residences 296,240 N/A 296,240 296,240
C1. Vacant Lots 3,843,020 N/A 3,843,020 3,843,020
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,455,470 .8782 7,351,147 6,455,470
D2. Real Prop Farm & Ranch 535,970 N/A 535,970 535,970
E. Real Prop NonQual Acres 99,300,070 .9228 107,607,358 99,300,070
F1. Commercial Real 5,107,570 N/A 5,107,570 5,107,570
F2. Industrial Real 1,246,640 N/A 1,246,640 1,246,640
G. Oil, Gas, Minerals 42,619,720 1.0240 41,620,820 42,619,720
J. Utilities 23,138,020 .9163 25,251,577 23,138,020
L1. Commercial Personal 2,849,050 N/A 2,849,050 2,849,050
L2. Industrial Personal 5,615,260 N/A 5,615,260 5,615,260
M. Other Personal 3,787,390 N/A 3,787,390 3,787,390
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 250,177,740 260,165,044 250,177,740
Less Total Deductions 31,942,425   31,747,548 31,942,425
Total Taxable Value 218,235,315 228,417,496 218,235,315 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
223,053,842 218,235,315 216,191,398 211,372,871


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,818,527 6,862,444


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
223,053,842 218,235,315 216,191,398 211,372,871

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