taxes Property Tax Assistance

2018 ISD Summary Worksheet

075/Fayette

075-901/Flatonia ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 93,320,343 .9889 94,367,826 93,320,343
B. Multi-Family Residences 485,050 N/A 485,050 485,050
C1. Vacant Lots 4,642,510 N/A 4,642,510 4,642,510
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,480,013 1.3893 6,823,717 9,480,013
D2. Real Prop Farm & Ranch 2,342,000 N/A 2,342,000 2,342,000
E. Real Prop NonQual Acres 191,424,497 .9220 207,618,760 191,424,497
F1. Commercial Real 31,376,154 1.0087 31,105,536 31,376,154
F2. Industrial Real 26,649,850 N/A 26,649,850 26,649,850
G. Oil, Gas, Minerals 76,448,490 1.0048 76,083,290 76,448,490
J. Utilities 37,351,470 .9476 39,416,916 37,351,470
L1. Commercial Personal 7,966,160 N/A 7,966,160 7,966,160
L2. Industrial Personal 8,715,740 N/A 8,715,740 8,715,740
M. Other Personal 3,893,610 N/A 3,893,610 3,893,610
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 494,095,887 510,110,965 494,095,887
Less Total Deductions 58,720,402   59,588,110 58,720,402
Total Taxable Value 435,375,485 450,522,855 435,375,485 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
444,588,087 435,375,485 444,588,087 435,375,485


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,212,602 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
444,588,087 435,375,485 444,588,087 435,375,485

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