taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

188/Potter

188-903/Highland Park ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 46,192,344 .9575 48,242,657 46,192,344
B. Multi-Family Residences 117,683 N/A 117,683 117,683
C1. Vacant Lots 9,072,051 N/A 9,072,051 9,072,051
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,797,021 1.1030 4,349,091 4,797,021
D2. Real Prop Farm & Ranch 65,108 N/A 65,108 65,108
E. Real Prop NonQual Acres 2,656,603 N/A 2,656,603 2,656,603
F1. Commercial Real 102,375,131 .9265 110,496,634 102,375,131
F2. Industrial Real 164,413,479 N/A 164,413,479 164,413,479
G. Oil, Gas, Minerals 14,832,230 N/A 14,832,230 14,832,230
J. Utilities 264,373,842 .9160 288,617,731 264,373,842
L1. Commercial Personal 190,691,592 1.0104 188,728,812 190,691,592
L2. Industrial Personal 499,148,777 N/A 499,148,777 499,148,777
M. Other Personal 1,410,618 N/A 1,410,618 1,410,618
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 54,216 N/A 54,216 54,216
S. Special Inventory 13,405,963 N/A 13,405,963 13,405,963
Subtotal 1,313,606,658 1,345,611,653 1,313,606,658
Less Total Deductions 301,703,825   302,006,220 301,703,825
Total Taxable Value 1,011,902,833 1,043,605,433 1,011,902,833 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
1,013,383,944 1,011,902,833 1,013,383,944 1,011,902,833


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,481,111 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
1,013,383,944 1,011,902,833 1,013,383,944 1,011,902,833

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