taxes Property Tax Assistance

2017 ISD Summary Worksheet

101/Harris

101-917/Pasadena ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 7,002,427,665 .9698 7,220,486,353 7,002,427,665
B. Multi-Family Residences 1,165,983,770 .9431 1,236,331,004 1,165,983,770
C1. Vacant Lots 259,355,519 .9425 275,178,269 259,355,519
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 94,128 .9409 100,044 94,128
D2. Real Prop Farm & Ranch 72,574,571 N/A 72,574,571 72,574,571
E. Real Prop NonQual Acres 350,000 N/A 350,000 350,000
F1. Commercial Real 3,353,279,549 .9537 3,516,073,764 3,353,279,549
F2. Industrial Real 1,363,283,582 N/A 1,363,283,582 1,363,283,582
G. Oil, Gas, Minerals 1,544,190 N/A 1,544,190 1,544,190
J. Utilities 402,073,889 1.0274 391,350,875 402,073,889
L1. Commercial Personal 1,213,617,073 .9352 1,297,708,590 1,213,617,073
L2. Industrial Personal 761,749,052 N/A 761,749,052 761,749,052
M. Other Personal 22,116,106 N/A 22,116,106 22,116,106
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 4,892,134 N/A 4,892,134 4,892,134
S. Special Inventory 138,377,024 N/A 138,377,024 138,377,024
Subtotal 15,761,718,252 16,302,115,558 15,761,718,252
Less Total Deductions 2,151,278,856   2,203,938,303 2,151,278,856
Total Taxable Value 13,610,439,396 14,098,177,255 13,610,439,396 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
13,976,270,099 13,610,439,396 13,735,651,481 13,369,820,778


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
365,830,703 240,618,618


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
13,976,270,099 13,610,439,396 13,735,651,481 13,369,820,778

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