taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

246/Williamson

246-908/Liberty Hill ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 1,114,993,466 N/A 1,114,993,466 1,114,993,466
B. Multi-Family Residences 5,888,218 N/A 5,888,218 5,888,218
C1. Vacant Lots 73,869,068 N/A 73,869,068 73,869,068
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,371,468 N/A 2,371,468 2,371,468
D2. Real Prop Farm & Ranch 36,971,527 N/A 36,971,527 36,971,527
E. Real Prop NonQual Acres 120,261,990 N/A 120,261,990 120,261,990
F1. Commercial Real 113,745,244 N/A 113,745,244 113,745,244
F2. Industrial Real 3,669,268 N/A 3,669,268 3,669,268
G. Oil, Gas, Minerals 145,667 N/A 145,667 145,667
J. Utilities 20,250,458 N/A 20,250,458 20,250,458
L1. Commercial Personal 41,645,795 N/A 41,645,795 41,645,795
L2. Industrial Personal 9,896,404 N/A 9,896,404 9,896,404
M. Other Personal 4,497,274 N/A 4,497,274 4,497,274
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 76,348,759 N/A 76,348,759 76,348,759
S. Special Inventory 680,504 N/A 680,504 680,504
Subtotal 1,625,235,110 1,625,235,110 1,625,235,110
Less Total Deductions 203,024,546   203,024,546 203,024,546
Total Taxable Value 1,422,210,564 1,422,210,564 1,422,210,564 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
1,456,197,421 1,422,210,564 1,456,197,421 1,422,210,564


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
33,986,857 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
1,456,197,421 1,422,210,564 1,456,197,421 1,422,210,564

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