Scribd Logo
Upload

Welcome to Scribd!

  • Appraisal Increases Top 15 Counties 6-10-2015

    Uploaded by

    MarkWigginsTX
    15 views1 page
    This document estimates the value of an additional $10,000 homestead exemption in the 15 most populous counties in Texas based on the statewide average home value of $151,435. It shows that the additional exemption would save homeowners an average of $133 in property taxes, ranging from $115 to $154 saved. The tax rate would need to be increased by an average of 10.1 cents to offset the loss in tax revenue from the additional exemption.

    Original Description:

    Appraisal Increases Top 15 Counties 6-10-2015

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document estimates the value of an additional $10,000 homestead exemption in the 15 most populous counties in Texas based on the statewide average home value of $151,435. It shows that the additional exemption would save homeowners an average of $133 in property taxes, ranging from $115 to $154 saved. The tax rate would need to be increased by an average of 10.1 cents to offset the loss in tax revenue from the additional exemption.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    15 views1 page

    Appraisal Increases Top 15 Counties 6-10-2015

    Uploaded by

    MarkWigginsTX
    This document estimates the value of an additional $10,000 homestead exemption in the 15 most populous counties in Texas based on the statewide average home value of $151,435. It shows that the additional exemption would save homeowners an average of $133 in property taxes, ranging from $115 to $154 saved. The tax rate would need to be increased by an average of 10.1 cents to offset the loss in tax revenue from the additional exemption.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 1

    ESTIMATEDVALUEDOFADDITIONAL$10,000HOMESTEADEXEMPTIONINMOSTPOPULOUSCOUNTIESFORSTATEWIDEAVERAGEHOMEVALUEOF$151,435**

    Top15Most
    Populous
    Countiesin
    Texas

    Harris
    Dallas
    Tarrant
    Bexar
    Travis
    Collin
    ElPaso
    Hidalgo
    Denton
    FortBend
    Montgomery
    Williamson
    Cameron
    Nueces
    Brazoria

    SchoolDistrict

    HoustonISD
    DallasISD
    FortWorthISD
    SanAntonioISD
    AustinISD
    PlanoISD
    ElPasoISD
    HidalgoISD
    DentonISD
    FortBendISD
    MontgomeryISD
    RoundRockISD
    BrownsvilleISD
    CorpusChristiISD
    AngletonISD

    Percentage
    increasefrom
    2014taxon
    2014to2015
    2014
    average
    inMarket
    2014Tax statewide homevalue
    Value*of
    Rate
    average with$15,000
    SingleFamily
    homevalue homestead
    Homes
    exemption
    withinthe
    County

    1.1967 $151,435
    1.282085 $151,435
    1.322 $151,435

    1.3826 $151,435
    1.222 $151,435
    1.448 $151,435
    1.235 $151,435
    1.53 $151,435
    1.54 $151,435
    1.34 $151,435
    1.34 $151,435
    1.3375 $151,435
    1.145666 $151,435
    1.23735 $151,435
    1.4552 $151,435

    $1,633
    $1,749
    $1,804
    $1,886
    $1,667
    $1,976
    $1,685
    $2,087
    $2,101
    $1,828
    $1,828
    $1,825
    $1,563
    $1,688
    $1,985

    9.50%
    7.86%
    2.45%
    11.63%
    15.00%
    10.70%
    0.19%
    9.30%
    12.70%
    7.86%
    6.00%
    8.04%
    0.29%
    10.00%
    9.50%

    2015taxwith
    Taxincrease
    2015appraisal
    2015taxwith
    $15,000
    2015Tax
    from2014to
    basedon2014
    $25,000
    Levy
    2015ifwedo
    statewideaverage homestead
    homestead
    Taxsavings
    exemption
    Increase
    nothing
    homevalueand
    exemption
    attributable
    (appraisals
    (appraisals
    (Savings)
    (appraisals
    percentage
    toSJR1in
    increaseinmarket
    increase;
    increase;
    over2014
    increase;tax
    2015
    valueofsingle assumetaxrate rateremains assumetaxrate
    TaxLevy
    familyhomesin
    remainsthe
    remainsthe
    afterSJR1
    thesameas
    thecounty
    sameas2014)
    sameas2014)
    2014)

    $165,821
    $163,338
    $155,145
    $169,047
    $174,150
    $167,639
    $151,723
    $165,518
    $170,667
    $163,338
    $160,521
    $163,610
    $151,874
    $166,579
    $165,821

    $1,805
    $1,902
    $1,853
    $2,130
    $1,945
    $2,210
    $1,689
    $2,303
    $2,397
    $1,988
    $1,950
    $1,988
    $1,568
    $1,876
    $2,195

    *Marketvaluemeanstheappraisedfairmarketvalue,beforetheapplicationofexemptionsorappraisalcaps.
    **$151,435isthestatewideaveragehomevaluefor2014.Thesamenumberof2015isnotyetavailable.

    $172
    $153
    $49
    $244
    $278
    $235
    $4
    $215
    $296
    $159
    $122
    $163
    $5
    $187
    $209

    $1,685
    $1,774
    $1,721
    $1,992
    $1,823
    $2,065
    $1,565
    $2,150
    $2,243
    $1,854
    $1,816
    $1,854
    $1,454
    $1,752
    $2,049
    High:
    Average:
    Low:

    $120
    $128
    $132
    $138
    $122
    $145
    $124
    $153
    $154
    $134
    $134
    $134
    $115
    $124
    $146
    $154
    $133
    $115

    $52
    $24
    ($83)
    $105
    $155
    $90
    ($120)
    $62
    $142
    $25
    ($12)
    $29
    ($110)
    $64
    $64

    Changeintax
    Changeintaxrate ratenecessary
    necessarytohold tohold2015tax
    2015taxlevy
    levyconstant
    constantwith2014 with2014tax
    taxlevyafterSJR1 levyifSJR1does
    notpass

    3.7
    1.8
    6.4
    7.3
    10.4
    6.3
    9.5
    4.4
    9.8
    1.8
    0.9
    2.1
    8.6
    4.5
    4.5

    cents
    cents
    cents
    cents
    cents
    cents
    cents
    cents
    cents
    cents
    cents
    cents
    cents
    cents
    cents

    11.4
    10.1
    3.2
    16.1
    18.3
    15.5
    0.2
    14.2
    19.6
    10.5
    8.0
    10.8
    0.3
    12.4
    13.8

    cents
    cents
    cents
    cents
    cents
    cents
    cents
    cents
    cents
    cents
    cents
    cents
    cents
    cents
    cents

    You might also like