taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

102/Harrison

102-905/Harleton ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 12,772,710 1.0140 12,596,361 12,772,710
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 3,397,820 N/A 3,397,820 3,397,820
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,069,520 .9192 5,515,429 5,069,520
D2. Real Prop Farm & Ranch 337,290 N/A 337,290 337,290
E. Real Prop NonQual Acres 124,154,490 .9658 128,550,932 124,154,490
F1. Commercial Real 3,363,850 N/A 3,363,850 3,363,850
F2. Industrial Real 70,330 N/A 70,330 70,330
G. Oil, Gas, Minerals 14,572,000 .9997 14,576,373 14,572,000
J. Utilities 14,832,350 .7154 20,732,947 14,832,350
L1. Commercial Personal 1,741,470 N/A 1,741,470 1,741,470
L2. Industrial Personal 2,238,390 N/A 2,238,390 2,238,390
M. Other Personal 4,843,490 N/A 4,843,490 4,843,490
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 65,290 N/A 65,290 65,290
S. Special Inventory 0 N/A 0 0
Subtotal 187,459,000 198,029,972 187,459,000
Less Total Deductions 32,001,581   31,611,184 32,001,581
Total Taxable Value 155,457,419 166,418,788 155,457,419 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
160,935,782 155,457,419 151,727,887 146,249,524


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,478,363 9,207,895


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
160,935,782 155,457,419 151,727,887 146,249,524

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