taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

102/Harrison

102-902/Marshall ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 733,824,420 .9950 737,511,980 733,824,420
B. Multi-Family Residences 37,538,400 N/A 37,538,400 37,538,400
C1. Vacant Lots 24,677,110 N/A 24,677,110 24,677,110
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 14,262,770 .9237 15,440,435 14,262,770
D2. Real Prop Farm & Ranch 1,293,260 N/A 1,293,260 1,293,260
E. Real Prop NonQual Acres 422,225,420 .9570 441,196,886 422,225,420
F1. Commercial Real 244,572,780 .9535 256,500,031 244,572,780
F2. Industrial Real 289,482,770 N/A 289,482,770 289,482,770
G. Oil, Gas, Minerals 384,535,070 1.0103 380,614,738 384,535,070
J. Utilities 151,937,530 .9627 157,824,379 151,937,530
L1. Commercial Personal 128,759,970 1.0228 125,889,685 128,759,970
L2. Industrial Personal 569,696,070 N/A 569,696,070 569,696,070
M. Other Personal 18,464,990 N/A 18,464,990 18,464,990
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,083,190 N/A 1,083,190 1,083,190
S. Special Inventory 11,281,210 N/A 11,281,210 11,281,210
Subtotal 3,033,634,960 3,068,495,134 3,033,634,960
Less Total Deductions 460,869,818   462,371,409 460,869,818
Total Taxable Value 2,572,765,142 2,606,123,725 2,572,765,142 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
2,630,574,474 2,572,765,142 2,554,383,312 2,496,573,980


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
57,809,332 76,191,162


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
2,630,574,474 2,572,765,142 2,554,383,312 2,496,573,980

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