taxes Property Tax Assistance

2017 ISD Summary Worksheet

236/Walker

236-902/Huntsville 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 1,430,801,023 .9663 1,480,700,634 1,430,801,023
B. Multi-Family Residences 291,402,159 .6634 439,255,591 291,402,159
C1. Vacant Lots 119,341,948 N/A 119,341,948 119,341,948
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 38,563,123 .9888 38,998,795 38,563,123
D2. Real Prop Farm & Ranch 13,744,370 N/A 13,744,370 13,744,370
E. Real Prop NonQual Acres 367,111,058 .9189 399,511,435 367,111,058
F1. Commercial Real 397,338,157 .9581 414,714,703 397,338,157
F2. Industrial Real 20,004,940 N/A 20,004,940 20,004,940
G. Oil, Gas, Minerals 11,409,879 N/A 11,409,879 11,409,879
J. Utilities 120,617,960 N/A 120,617,960 120,617,960
L1. Commercial Personal 140,693,660 N/A 140,693,660 140,693,660
L2. Industrial Personal 68,102,550 N/A 68,102,550 68,102,550
M. Other Personal 40,075,391 N/A 40,075,391 40,075,391
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,229,430 N/A 2,229,430 2,229,430
S. Special Inventory 15,354,080 N/A 15,354,080 15,354,080
Subtotal 3,076,789,728 3,324,755,366 3,076,789,728
Less Total Deductions 456,283,444   476,410,760 456,283,444
Total Taxable Value 2,620,506,284 2,848,344,606 2,620,506,284 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
2,686,181,320 2,620,506,284 2,686,181,320 2,620,506,284


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
65,675,036 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
2,686,181,320 2,620,506,284 2,686,181,320 2,620,506,284

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.