taxes Property Tax Assistance

2018 ISD Summary Worksheet

188/Potter

188-903/Highland Park ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 43,483,244 .9843 44,176,820 43,483,244
B. Multi-Family Residences 4,928,251 N/A 4,928,251 4,928,251
C1. Vacant Lots 10,360,560 N/A 10,360,560 10,360,560
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,352,125 1.0366 5,163,171 5,352,125
D2. Real Prop Farm & Ranch 68,108 N/A 68,108 68,108
E. Real Prop NonQual Acres 3,717,015 N/A 3,717,015 3,717,015
F1. Commercial Real 125,487,558 .9155 137,069,971 125,487,558
F2. Industrial Real 170,694,503 N/A 170,694,503 170,694,503
G. Oil, Gas, Minerals 6,327,000 N/A 6,327,000 6,327,000
J. Utilities 340,500,406 .9674 351,974,784 340,500,406
L1. Commercial Personal 224,198,406 1.0002 224,153,575 224,198,406
L2. Industrial Personal 568,333,623 N/A 568,333,623 568,333,623
M. Other Personal 1,281,000 N/A 1,281,000 1,281,000
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 35,737 N/A 35,737 35,737
S. Special Inventory 8,828,678 N/A 8,828,678 8,828,678
Subtotal 1,513,596,214 1,537,112,796 1,513,596,214
Less Total Deductions 232,861,202   233,005,962 232,861,202
Total Taxable Value 1,280,735,012 1,304,106,834 1,280,735,012 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
1,282,225,905 1,280,735,012 1,282,225,905 1,280,735,012


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,490,893 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
1,282,225,905 1,280,735,012 1,282,225,905 1,280,735,012

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