taxes Property Tax Assistance

2018 ISD Summary Worksheet

246/Williamson

246-908/Liberty Hill ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 1,924,379,391 .9759 1,971,902,235 1,924,379,391
B. Multi-Family Residences 21,535,861 N/A 21,535,861 21,535,861
C1. Vacant Lots 82,058,825 N/A 82,058,825 82,058,825
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,782,418 1.0689 1,667,513 1,782,418
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 235,407,953 .9642 244,148,468 235,407,953
F1. Commercial Real 164,059,268 .9756 168,162,431 164,059,268
F2. Industrial Real 4,506,645 N/A 4,506,645 4,506,645
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 24,902,720 N/A 24,902,720 24,902,720
L1. Commercial Personal 50,121,548 N/A 50,121,548 50,121,548
L2. Industrial Personal 33,036,905 N/A 33,036,905 33,036,905
M. Other Personal 5,128,729 N/A 5,128,729 5,128,729
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 196,168,835 N/A 196,168,835 196,168,835
S. Special Inventory 1,171,713 N/A 1,171,713 1,171,713
Subtotal 2,744,260,811 2,804,512,428 2,744,260,811
Less Total Deductions 317,432,551   329,604,427 317,432,551
Total Taxable Value 2,426,828,260 2,474,908,001 2,426,828,260 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
2,473,342,593 2,426,828,260 2,473,342,593 2,426,828,260


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
46,514,333 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
2,473,342,593 2,426,828,260 2,473,342,593 2,426,828,260

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