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HOUSTON INDEPENDENT SCHOOL DISTRICT

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IMPACT OF TAX RATE INCREASE AND OPTIONAL HOMESTEAD EXEMPTION REDUCTION

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CURRENT TAX RATE & CURRENT 20% OPTIONAL HOMESTEAD EXEMPTION20% HOMESTEAD EXEMPTION WITH A FOUR CENT TAX INCREASE15% OPTIONAL HOMESTEAD EXEMPTION (Reduction of 5% from current percentage)4 CENT TAX INCREASE & 15% OPTIONAL HOMESTEAD EXEMPTION (reduction of 5% from current percentage7.33 CENT TAX INCREASE & 20% OPTIONAL HOMESTEAD EXEMPTION 7.33 CENT TAX INCREASE & 15% OPTIONAL HOMESTEAD EXEMPTION (reduction of 5% from current percentage

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AVERAGE APPRAISED VALUE$195,680$195,680$195,680$195,680$195,680$195,680

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STATE HOMESTEAD EXEMPTION($15,000)($15,000)($15,000)($15,000)($15,000)($15,000)

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OPTIONAL HOMESTEAD EXEMPTION($39,136)($39,136)($29,352)($29,352)($39,136)($29,352)

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TAXABLE VALUE$141,544$141,544$151,328$151,328$141,544$151,328

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TAX RATE$1.1567$1.1967$1.1567$1.1967$1.2300$1.2300

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TOTAL PROPERTY TAX LEVY$1,637.24$1,693.86$1,750.41$1,810.94$1,740.99$1,861.33

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NET TAX INCREASE$56.62$113.17$173.70$103.75$224.09