taxes Property Tax Assistance

2017 ISD Summary Worksheet

175/Navarro

175-910/Mildred ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 250,456,890 .9954 251,614,316 250,456,890
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 53,065,110 .9918 53,503,842 53,065,110
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,317,462 1.1188 2,965,195 3,317,462
D2. Real Prop Farm & Ranch 855,560 N/A 855,560 855,560
E. Real Prop NonQual Acres 42,284,759 1.0349 40,858,787 42,284,759
F1. Commercial Real 7,295,580 N/A 7,295,580 7,295,580
F2. Industrial Real 9,179,980 N/A 9,179,980 9,179,980
G. Oil, Gas, Minerals 9,034,658 N/A 9,034,658 9,034,658
J. Utilities 18,260,540 N/A 18,260,540 18,260,540
L1. Commercial Personal 5,281,360 N/A 5,281,360 5,281,360
L2. Industrial Personal 58,520,380 N/A 58,520,380 58,520,380
M. Other Personal 2,956,000 N/A 2,956,000 2,956,000
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,299,990 N/A 2,299,990 2,299,990
S. Special Inventory 33,790 N/A 33,790 33,790
Subtotal 462,842,059 462,659,978 462,842,059
Less Total Deductions 53,710,535   54,140,615 53,710,535
Total Taxable Value 409,131,524 408,519,363 409,131,524 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
417,760,015 409,131,524 417,760,015 409,131,524


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,628,491 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
417,760,015 409,131,524 417,760,015 409,131,524

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