taxes Property Tax Assistance

2017 ISD Summary Worksheet

177/Nolan

177-905/Highland ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 402,870 N/A 402,870 402,870
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 21,450 N/A 21,450 21,450
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,136,610 N/A 9,136,610 9,136,610
D2. Real Prop Farm & Ranch 2,969,290 N/A 2,969,290 2,969,290
E. Real Prop NonQual Acres 17,308,360 N/A 17,308,360 17,308,360
F1. Commercial Real 786,640 N/A 786,640 786,640
F2. Industrial Real 385,257,860 N/A 385,257,860 385,257,860
G. Oil, Gas, Minerals 15,496,180 N/A 15,496,180 15,496,180
J. Utilities 14,557,180 N/A 14,557,180 14,557,180
L1. Commercial Personal 2,615,120 N/A 2,615,120 2,615,120
L2. Industrial Personal 83,556,910 N/A 83,556,910 83,556,910
M. Other Personal 444,030 N/A 444,030 444,030
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 532,552,500 532,552,500 532,552,500
Less Total Deductions 270,874,268   270,874,268 270,874,268
Total Taxable Value 261,678,232 261,678,232 261,678,232 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
262,578,222 261,678,232 262,578,222 261,678,232


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
899,990 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
512,412,032 511,512,042 512,412,032 511,512,042

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