taxes Property Tax Assistance

2017 ISD Summary Worksheet

188/Potter

188-903/Highland Park ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 48,896,354 .9966 49,063,169 48,896,354
B. Multi-Family Residences 117,683 N/A 117,683 117,683
C1. Vacant Lots 10,243,599 N/A 10,243,599 10,243,599
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,083,411 1.2154 4,182,557 5,083,411
D2. Real Prop Farm & Ranch 68,108 N/A 68,108 68,108
E. Real Prop NonQual Acres 3,387,154 N/A 3,387,154 3,387,154
F1. Commercial Real 116,196,379 .8721 133,237,449 116,196,379
F2. Industrial Real 165,319,411 N/A 165,319,411 165,319,411
G. Oil, Gas, Minerals 7,174,920 N/A 7,174,920 7,174,920
J. Utilities 301,917,654 .8935 337,904,481 301,917,654
L1. Commercial Personal 225,586,622 .9988 225,857,651 225,586,622
L2. Industrial Personal 483,865,353 N/A 483,865,353 483,865,353
M. Other Personal 1,231,978 N/A 1,231,978 1,231,978
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 35,737 N/A 35,737 35,737
S. Special Inventory 10,255,201 N/A 10,255,201 10,255,201
Subtotal 1,379,379,564 1,431,944,451 1,379,379,564
Less Total Deductions 197,025,584   197,052,345 197,025,584
Total Taxable Value 1,182,353,980 1,234,892,106 1,182,353,980 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
1,183,807,532 1,182,353,980 1,183,807,532 1,182,353,980


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,453,552 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
1,183,807,532 1,182,353,980 1,183,807,532 1,182,353,980

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 invalid, but local value was certified because your school district is in year one of the grace period.