taxes Property Tax Assistance

2018 ISD Summary Worksheet

014-Bell

014-908/Salado ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 649,864,118 0.9321 697,204,289 649,864,118
B. MULTIFAMILY RESIDENCES 8,129,692 N/A 8,129,692 8,129,692
C1. VACANT LOTS 26,677,166 N/A 26,677,166 26,677,166
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 12,454,921 1.3434 9,271,152 12,454,921
D2. REAL PROP:FARM & RANCH 3,376,839 N/A 3,376,839 3,376,839
E. REAL PROP NONQUAL ACREAGE 151,536,920 0.8505 178,173,921 151,536,920
F1. COMMERCIAL REAL 55,421,629 0.8735 63,447,772 55,421,629
F2. INDUSTRIAL REAL 220,258 N/A 220,258 220,258
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 20,901,637 N/A 20,901,637 20,901,637
L1. COMMERCIAL PERSONAL 28,721,073 N/A 28,721,073 28,721,073
L2. INDUSTRIAL PERSONAL 4,117,464 N/A 4,117,464 4,117,464
M. MOBILE HOMES 1,342,718 N/A 1,342,718 1,342,718
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 17,180,167 N/A 17,180,167 17,180,167
S. SPECIAL INVENTORY 1,002,091 N/A 1,002,091 1,002,091
Subtotal 980,946,693 0 1,059,766,239 980,946,693
Less Total Deductions 136,600,551 0 152,944,015 136,600,551
Total Taxable Value 844,346,142 0 906,822,224 844,346,142

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
867,251,768 844,346,142 867,251,768 844,346,142


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
22,905,626 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
867,251,768 844,346,142 867,251,768 844,346,142

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR TWO OF THE GRACE PERIOD

014-908-02/Salado ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 649,864,118 0.9321 697,204,289 649,864,118
B. MULTIFAMILY RESIDENCES 8,129,692 N/A 8,129,692 8,129,692
C1. VACANT LOTS 26,677,166 N/A 26,677,166 26,677,166
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 12,454,921 1.3434 9,271,152 12,454,921
D2. REAL PROP:FARM & RANCH 3,376,839 N/A 3,376,839 3,376,839
E. REAL PROP NONQUAL ACREAGE 151,536,920 0.8505 178,173,921 151,536,920
F1. COMMERCIAL REAL 55,421,629 0.8735 63,447,772 55,421,629
F2. INDUSTRIAL REAL 220,258 N/A 220,258 220,258
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 20,901,637 N/A 20,901,637 20,901,637
L1. COMMERCIAL PERSONAL 28,721,073 N/A 28,721,073 28,721,073
L2. INDUSTRIAL PERSONAL 4,117,464 N/A 4,117,464 4,117,464
M. MOBILE HOMES 1,342,718 N/A 1,342,718 1,342,718
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 17,180,167 N/A 17,180,167 17,180,167
S. SPECIAL INVENTORY 1,002,091 N/A 1,002,091 1,002,091
Subtotal 980,946,693 1,059,766,239 980,946,693
Less Total Deductions 136,600,551 152,944,015 136,600,551
Total Taxable Value 844,346,142 906,822,224 844,346,142

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
867,251,768 844,346,142 867,251,768 844,346,142


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
22,905,626 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
867,251,768 844,346,142 867,251,768 844,346,142

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