taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

225/Titus

225-907/Harts Bluff ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 110,488,883 .9932 111,245,351 110,488,883
B. Multi-Family Residences 524,151 N/A 524,151 524,151
C1. Vacant Lots 1,539,164 N/A 1,539,164 1,539,164
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,399,389 .9744 1,436,156 1,399,389
D2. Real Prop Farm & Ranch 1,602,151 N/A 1,602,151 1,602,151
E. Real Prop NonQual Acres 23,757,990 1.0172 23,356,262 23,757,990
F1. Commercial Real 6,507,762 N/A 6,507,762 6,507,762
F2. Industrial Real 145,392 N/A 145,392 145,392
G. Oil, Gas, Minerals 267,200 N/A 267,200 267,200
J. Utilities 12,127,598 .9461 12,818,516 12,127,598
L1. Commercial Personal 795,195 N/A 795,195 795,195
L2. Industrial Personal 1,172,580 N/A 1,172,580 1,172,580
M. Other Personal 1,703,935 N/A 1,703,935 1,703,935
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,120,277 N/A 1,120,277 1,120,277
S. Special Inventory 101,823 N/A 101,823 101,823
Subtotal 163,253,490 164,335,915 163,253,490
Less Total Deductions 28,380,090   28,656,657 28,380,090
Total Taxable Value 134,873,400 135,679,258 134,873,400 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
141,513,260 134,873,400 141,513,260 134,873,400


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,639,860 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
141,513,260 134,873,400 141,513,260 134,873,400

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