taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

102/Harrison

102-904/Hallsville ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 685,236,890 .9747 703,023,382 685,236,890
B. Multi-Family Residences 22,885,130 N/A 22,885,130 22,885,130
C1. Vacant Lots 12,621,030 N/A 12,621,030 12,621,030
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,179,160 .9678 8,450,970 8,179,160
D2. Real Prop Farm & Ranch 937,330 N/A 937,330 937,330
E. Real Prop NonQual Acres 393,090,230 .9472 415,002,354 393,090,230
F1. Commercial Real 98,086,080 .9851 99,569,668 98,086,080
F2. Industrial Real 710,348,670 N/A 710,348,670 710,348,670
G. Oil, Gas, Minerals 107,568,340 1.0134 106,145,984 107,568,340
J. Utilities 65,252,140 N/A 65,252,140 65,252,140
L1. Commercial Personal 111,390,450 1.0200 109,206,324 111,390,450
L2. Industrial Personal 523,935,980 N/A 523,935,980 523,935,980
M. Other Personal 19,204,560 N/A 19,204,560 19,204,560
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 3,623,790 N/A 3,623,790 3,623,790
S. Special Inventory 3,845,530 N/A 3,845,530 3,845,530
Subtotal 2,766,205,310 2,804,052,842 2,766,205,310
Less Total Deductions 223,839,222   228,830,929 223,839,222
Total Taxable Value 2,542,366,088 2,575,221,913 2,542,366,088 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
2,586,288,343 2,542,366,088 2,501,340,135 2,457,417,880


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
43,922,255 84,948,208


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
2,586,288,343 2,542,366,088 2,501,340,135 2,457,417,880

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