taxes Property Tax Assistance

2017 ISD Summary Worksheet

102/Harrison

102-901/Karnack ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 57,003,490 1.0088 56,506,235 57,003,490
B. Multi-Family Residences 428,030 N/A 428,030 428,030
C1. Vacant Lots 3,885,850 N/A 3,885,850 3,885,850
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,475,460 1.0101 8,390,567 8,475,460
D2. Real Prop Farm & Ranch 533,360 N/A 533,360 533,360
E. Real Prop NonQual Acres 106,486,770 1.0866 97,999,972 106,486,770
F1. Commercial Real 5,869,600 N/A 5,869,600 5,869,600
F2. Industrial Real 363,910 N/A 363,910 363,910
G. Oil, Gas, Minerals 15,823,200 .9906 15,973,349 15,823,200
J. Utilities 29,168,420 .9631 30,285,972 29,168,420
L1. Commercial Personal 1,450,120 N/A 1,450,120 1,450,120
L2. Industrial Personal 4,580,530 N/A 4,580,530 4,580,530
M. Other Personal 3,299,880 N/A 3,299,880 3,299,880
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 237,368,620 229,567,375 237,368,620
Less Total Deductions 32,162,831   31,844,107 32,162,831
Total Taxable Value 205,205,789 197,723,268 205,205,789 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
209,990,738 205,205,789 202,798,332 198,013,383


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,784,949 7,192,406


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
209,990,738 205,205,789 202,798,332 198,013,383

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