Calculating Taxes

Tax Formula

Appraised Value – Exemptions = Taxable Value
Taxable Value x  Tax rate = Tax Due

HomesteadExemption Calculation
Appraised Value 145,000.00
CCISD Optional Homestead Exemption
(5% or $5000, whichever is greater)
-7,250.00
State Homestead Exemption
($25,000 regardless of value)
-25,000.00
Taxable Value 112,750.00
Tax rate (2019) $1.31 x 0.0131
Tax Due $ 1,477.03

HomesteadExemption with Over 65 or Disability Exemption
Appraised Value +145,000.00
CCISD Optional Homestead Exemption
(5% or $5000, whichever is greater)
- 7,250.00
State Homestead Exemption
 
($25,000 regardless of value)
-25,000.00
Over65/DisabilityExemption
($28,330 regardless of value)
-28,330.00
Taxable Value 84,420.00
Tax rate (2019) $1.31 x 0.0131
Tax Due $ 1,105.90
©2018 CLEAR CREEK INDEPENDENT SCHOOL DISTRICT | Powered by: SchoolMessenger | Privacy Policy | Site Map | Login