taxes Property Tax Assistance

2016 ISD Summary Worksheet

146/Liberty

146-904/Hardin ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 201,111,542 .9847 204,236,358 201,111,542
B. Multi-Family Residences 565,890 N/A 565,890 565,890
C1. Vacant Lots 16,042,260 N/A 16,042,260 16,042,260
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 15,266,680 1.1214 13,613,771 15,266,680
D2. Real Prop Farm & Ranch 2,392,304 N/A 2,392,304 2,392,304
E. Real Prop NonQual Acres 84,937,413 .9287 91,458,397 84,937,413
F1. Commercial Real 15,996,707 N/A 15,996,707 15,996,707
F2. Industrial Real 463,310 N/A 463,310 463,310
G. Oil, Gas, Minerals 1,665,916 N/A 1,665,916 1,665,916
J. Utilities 92,529,960 .9786 94,553,403 92,529,960
L1. Commercial Personal 15,943,560 N/A 15,943,560 15,943,560
L2. Industrial Personal 3,957,760 N/A 3,957,760 3,957,760
M. Other Personal 14,391,150 N/A 14,391,150 14,391,150
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 465,264,452 475,280,786 465,264,452
Less Total Deductions 80,349,025   81,566,250 80,349,025
Total Taxable Value 384,915,427 393,714,536 384,915,427 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
399,265,660 384,915,427 399,265,660 384,915,427


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,350,233 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
399,265,660 384,915,427 399,265,660 384,915,427

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