taxes Property Tax Assistance

2018 ISD Summary Worksheet

177/Nolan

177-905/Highland ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 423,670 N/A 423,670 423,670
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 21,050 N/A 21,050 21,050
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,465,850 1.3029 8,799,939 11,465,850
D2. Real Prop Farm & Ranch 3,888,160 N/A 3,888,160 3,888,160
E. Real Prop NonQual Acres 23,640,040 1.0002 23,635,313 23,640,040
F1. Commercial Real 278,540 N/A 278,540 278,540
F2. Industrial Real 106,451,550 N/A 106,451,550 106,451,550
G. Oil, Gas, Minerals 13,852,080 1.0155 13,640,650 13,852,080
J. Utilities 14,826,950 .9051 16,381,560 14,826,950
L1. Commercial Personal 1,824,800 N/A 1,824,800 1,824,800
L2. Industrial Personal 397,422,720 N/A 397,422,720 397,422,720
M. Other Personal 384,170 N/A 384,170 384,170
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 574,479,580 573,152,122 574,479,580
Less Total Deductions 308,245,403   308,245,403 308,245,403
Total Taxable Value 266,234,177 264,906,719 266,234,177 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
267,170,517 266,234,177 267,170,517 266,234,177


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
936,340 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
552,021,297 551,084,957 552,021,297 551,084,957

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