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