taxes Property Tax Assistance

2018 ISD Summary Worksheet

101/Harris

101-915/Klein ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 16,371,496,817 N/A 16,371,496,817 16,371,496,817
B. Multi-Family Residences 1,114,589,130 N/A 1,114,589,130 1,114,589,130
C1. Vacant Lots 481,407,043 N/A 481,407,043 481,407,043
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,403,060 N/A 3,403,060 3,403,060
D2. Real Prop Farm & Ranch 577,751 N/A 577,751 577,751
E. Real Prop NonQual Acres 40,770,026 N/A 40,770,026 40,770,026
F1. Commercial Real 3,480,783,870 N/A 3,480,783,870 3,480,783,870
F2. Industrial Real 217,776,395 N/A 217,776,395 217,776,395
G. Oil, Gas, Minerals 1,127,389 N/A 1,127,389 1,127,389
J. Utilities 209,224,712 N/A 209,224,712 209,224,712
L1. Commercial Personal 853,628,581 N/A 853,628,581 853,628,581
L2. Industrial Personal 792,503,284 N/A 792,503,284 792,503,284
M. Other Personal 33,431,109 N/A 33,431,109 33,431,109
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 71,735,359 N/A 71,735,359 71,735,359
S. Special Inventory 35,479,860 N/A 35,479,860 35,479,860
Subtotal 23,707,934,386 23,707,934,386 23,707,934,386
Less Total Deductions 2,873,502,236   2,873,502,236 2,873,502,236
Total Taxable Value 20,834,432,150 20,834,432,150 20,834,432,150 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
21,387,213,078 20,834,432,150 21,387,213,078 20,834,432,150


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
552,780,928 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
21,387,213,078 20,834,432,150 21,387,213,078 20,834,432,150

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