taxes Property Tax Assistance

2016 ISD Summary Worksheet

188/Potter

188-903/Highland Park ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 46,335,200 N/A 46,335,200 46,335,200
B. Multi-Family Residences 117,683 N/A 117,683 117,683
C1. Vacant Lots 10,261,776 N/A 10,261,776 10,261,776
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,021,757 N/A 5,021,757 5,021,757
D2. Real Prop Farm & Ranch 68,108 N/A 68,108 68,108
E. Real Prop NonQual Acres 2,866,594 N/A 2,866,594 2,866,594
F1. Commercial Real 105,177,897 N/A 105,177,897 105,177,897
F2. Industrial Real 145,130,009 N/A 145,130,009 145,130,009
G. Oil, Gas, Minerals 7,033,460 N/A 7,033,460 7,033,460
J. Utilities 296,844,442 N/A 296,844,442 296,844,442
L1. Commercial Personal 213,103,222 N/A 213,103,222 213,103,222
L2. Industrial Personal 488,666,944 N/A 488,666,944 488,666,944
M. Other Personal 1,411,631 N/A 1,411,631 1,411,631
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 47,969 N/A 47,969 47,969
S. Special Inventory 12,880,935 N/A 12,880,935 12,880,935
Subtotal 1,334,967,627 1,334,967,627 1,334,967,627
Less Total Deductions 238,052,179   238,052,179 238,052,179
Total Taxable Value 1,096,915,448 1,096,915,448 1,096,915,448 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
1,098,378,301 1,096,915,448 1,098,378,301 1,096,915,448


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,462,853 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
1,098,378,301 1,096,915,448 1,098,378,301 1,096,915,448

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