taxes Property Tax Assistance

2018 ISD Summary Worksheet

113-Houston

113-905/Latexo ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	68,643,360	0.8825	77,782,844	68,643,360
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	2,746,670	N/A	2,746,670	2,746,670
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	8,608,540	0.9882	8,711,189	8,608,540
D2. REAL PROP:FARM & RANCH	4,290,270	N/A	4,290,270	4,290,270
E. REAL PROP NONQUAL ACREAGE	37,572,820	0.7911	47,494,400	37,572,820
F1. COMMERCIAL REAL	3,024,460	N/A	3,024,460	3,024,460
F2. INDUSTRIAL REAL	2,274,550	N/A	2,274,550	2,274,550
G. OIL,GAS,MINERALS	47,420	N/A	47,420	47,420
J. UTILITIES	33,493,070	0.8981	37,293,252	33,493,070
L1. COMMERCIAL PERSONAL	1,729,730	N/A	1,729,730	1,729,730
L2. INDUSTRIAL PERSONAL	10,531,950	N/A	10,531,950	10,531,950
M. MOBILE HOMES	4,126,490	N/A	4,126,490	4,126,490
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	6,270	N/A	6,270	6,270
Subtotal	177,095,600	0	200,059,495	177,095,600
Less Total Deductions	25,230,133	0	28,296,642	25,230,133
Total Taxable Value	151,865,467	0	171,762,853	151,865,467

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
157,763,027	151,865,467	157,763,027	151,865,467

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
5,897,560	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
157,763,027	151,865,467	157,763,027	151,865,467

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 ONE OF THE GRACE PERIOD

113-905-02/Latexo ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	68,643,360	0.8825	77,782,844	68,643,360
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	2,746,670	N/A	2,746,670	2,746,670
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	8,608,540	0.9882	8,711,189	8,608,540
D2. REAL PROP:FARM & RANCH	4,290,270	N/A	4,290,270	4,290,270
E. REAL PROP NONQUAL ACREAGE	37,572,820	0.7911	47,494,400	37,572,820
F1. COMMERCIAL REAL	3,024,460	N/A	3,024,460	3,024,460
F2. INDUSTRIAL REAL	2,274,550	N/A	2,274,550	2,274,550
G. OIL,GAS,MINERALS	47,420	N/A	47,420	47,420
J. UTILITIES	33,493,070	0.8981	37,293,252	33,493,070
L1. COMMERCIAL PERSONAL	1,729,730	N/A	1,729,730	1,729,730
L2. INDUSTRIAL PERSONAL	10,531,950	N/A	10,531,950	10,531,950
M. MOBILE HOMES	4,126,490	N/A	4,126,490	4,126,490
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	6,270	N/A	6,270	6,270
Subtotal	177,095,600		200,059,495	177,095,600
Less Total Deductions	25,230,133		28,296,642	25,230,133
Total Taxable Value	151,865,467		171,762,853	151,865,467

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
157,763,027	151,865,467	157,763,027	151,865,467

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
5,897,560	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
157,763,027	151,865,467	157,763,027	151,865,467

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