taxes Property Tax Assistance

2018 ISD Summary Worksheet

035-Castro

140-907/Springlake-Earth ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 506,840 N/A 506,840 506,840
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 3,380 N/A 3,380 3,380
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 10,166,740 1.3194 7,705,454 10,166,740
D2. REAL PROP:FARM & RANCH 2,475,270 1.0015 2,471,563 2,475,270
E. REAL PROP NONQUAL ACREAGE 2,582,260 0.8730 2,957,915 2,582,260
F1. COMMERCIAL REAL 92,510 N/A 92,510 92,510
F2. INDUSTRIAL REAL 7,003,490 N/A 7,003,490 7,003,490
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 2,621,890 N/A 2,621,890 2,621,890
L1. COMMERCIAL PERSONAL 49,820 N/A 49,820 49,820
L2. INDUSTRIAL PERSONAL 228,010 N/A 228,010 228,010
M. MOBILE HOMES 40,570 N/A 40,570 40,570
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 25,770,780 0 23,681,442 25,770,780
Less Total Deductions 525,841 0 525,841 525,841
Total Taxable Value 25,244,939 0 23,155,601 25,244,939

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
25,361,429 25,244,939 25,361,429 25,244,939


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
116,490 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
25,361,429 25,244,939 25,361,429 25,244,939

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 LOCAL VALUE IS GREATER THAN PTAD VALUE

140-Lamb

140-907/Springlake-Earth ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 16,545,360 0.8503 19,458,262 16,545,360
B. MULTIFAMILY RESIDENCES 18,870 N/A 18,870 18,870
C1. VACANT LOTS 219,470 N/A 219,470 219,470
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 18,184,465 1.6240 11,197,378 18,184,465
D2. REAL PROP:FARM & RANCH 1,126,281 N/A 1,126,281 1,126,281
E. REAL PROP NONQUAL ACREAGE 11,826,433 0.9116 12,973,270 11,826,433
F1. COMMERCIAL REAL 2,055,949 N/A 2,055,949 2,055,949
F2. INDUSTRIAL REAL 1,626,620 N/A 1,626,620 1,626,620
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 7,545,480 N/A 7,545,480 7,545,480
L1. COMMERCIAL PERSONAL 1,580,390 N/A 1,580,390 1,580,390
L2. INDUSTRIAL PERSONAL 3,534,622 N/A 3,534,622 3,534,622
M. MOBILE HOMES 95,070 N/A 95,070 95,070
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 64,359,010 0 61,431,662 64,359,010
Less Total Deductions 7,999,274 0 8,900,706 7,999,274
Total Taxable Value 56,359,736 0 52,530,956 56,359,736

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
58,346,812 56,359,736 58,346,812 56,359,736


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,987,076 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
58,346,812 56,359,736 58,346,812 56,359,736

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 LOCAL VALUE IS GREATER THAN PTAD VALUE

140-907-02/Springlake-Earth ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 17,052,200 0.8541 19,965,102 17,052,200
B. MULTIFAMILY RESIDENCES 18,870 N/A 18,870 18,870
C1. VACANT LOTS 222,850 N/A 222,850 222,850
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 28,351,205 1.4998 18,902,832 28,351,205
D2. REAL PROP:FARM & RANCH 3,601,551 1.0010 3,597,844 3,601,551
E. REAL PROP NONQUAL ACREAGE 14,408,693 0.9044 15,931,185 14,408,693
F1. COMMERCIAL REAL 2,148,459 N/A 2,148,459 2,148,459
F2. INDUSTRIAL REAL 8,630,110 N/A 8,630,110 8,630,110
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 10,167,370 N/A 10,167,370 10,167,370
L1. COMMERCIAL PERSONAL 1,630,210 N/A 1,630,210 1,630,210
L2. INDUSTRIAL PERSONAL 3,762,632 N/A 3,762,632 3,762,632
M. MOBILE HOMES 135,640 N/A 135,640 135,640
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 90,129,790 85,113,104 90,129,790
Less Total Deductions 8,525,115 9,426,547 8,525,115
Total Taxable Value 81,604,675 75,686,557 81,604,675

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
83,708,241 81,604,675 83,708,241 81,604,675


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,103,566 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
83,708,241 81,604,675 83,708,241 81,604,675

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