taxes Property Tax Assistance

2016 ISD Summary Worksheet

003/Angelina

003-904/Huntington ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 187,091,822 .9843 190,076,015 187,091,822
B. Multi-Family Residences 1,210,730 N/A 1,210,730 1,210,730
C1. Vacant Lots 9,765,709 N/A 9,765,709 9,765,709
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 15,224,496 1.0794 14,104,954 15,224,496
D2. Real Prop Farm & Ranch 1,910,580 N/A 1,910,580 1,910,580
E. Real Prop NonQual Acres 75,923,822 .9592 79,153,276 75,923,822
F1. Commercial Real 11,802,500 N/A 11,802,500 11,802,500
F2. Industrial Real 31,820 N/A 31,820 31,820
G. Oil, Gas, Minerals 5,451,845 N/A 5,451,845 5,451,845
J. Utilities 14,462,140 N/A 14,462,140 14,462,140
L1. Commercial Personal 8,559,520 N/A 8,559,520 8,559,520
L2. Industrial Personal 962,460 N/A 962,460 962,460
M. Other Personal 8,362,470 N/A 8,362,470 8,362,470
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 234,020 N/A 234,020 234,020
S. Special Inventory 0 N/A 0 0
Subtotal 340,993,934 346,088,039 340,993,934
Less Total Deductions 88,360,344   89,492,066 88,360,344
Total Taxable Value 252,633,590 256,595,973 252,633,590 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
268,813,521 252,633,590 251,493,437 235,313,506


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
16,179,931 17,320,084


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
268,813,521 252,633,590 251,493,437 235,313,506

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