taxes Property Tax Assistance

2018 ISD Summary Worksheet

125-Jim Wells

125-901/Alice ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 422,154,452 1.0214 413,309,626 422,154,452
B. MULTIFAMILY RESIDENCES 11,430,267 N/A 11,430,267 11,430,267
C1. VACANT LOTS 6,995,285 N/A 6,995,285 6,995,285
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 22,386,505 1.0023 22,334,621 22,386,505
D2. REAL PROP:FARM & RANCH 2,311,313 N/A 2,311,313 2,311,313
E. REAL PROP NONQUAL ACREAGE 174,747,163 0.8958 195,073,859 174,747,163
F1. COMMERCIAL REAL 148,950,223 0.9208 161,761,754 148,950,223
F2. INDUSTRIAL REAL 67,127,665 N/A 67,127,665 67,127,665
G. OIL,GAS,MINERALS 7,304,470 N/A 7,304,470 7,304,470
J. UTILITIES 53,259,445 1.0142 52,513,750 53,259,445
L1. COMMERCIAL PERSONAL 75,736,440 0.9786 77,392,643 75,736,440
L2. INDUSTRIAL PERSONAL 216,657,530 N/A 216,657,530 216,657,530
M. MOBILE HOMES 7,062,909 N/A 7,062,909 7,062,909
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 8,049,030 N/A 8,049,030 8,049,030
Subtotal 1,224,172,697 0 1,249,324,722 1,224,172,697
Less Total Deductions 170,255,576 0 166,875,193 170,255,576
Total Taxable Value 1,053,917,121 0 1,082,449,529 1,053,917,121

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
1,091,209,071 1,053,917,121 1,091,209,071 1,053,917,121


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
37,291,950 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
1,091,209,071 1,053,917,121 1,091,209,071 1,053,917,121

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

125-901-02/Alice ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 422,154,452 1.0214 413,309,626 422,154,452
B. MULTIFAMILY RESIDENCES 11,430,267 N/A 11,430,267 11,430,267
C1. VACANT LOTS 6,995,285 N/A 6,995,285 6,995,285
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 22,386,505 1.0023 22,334,621 22,386,505
D2. REAL PROP:FARM & RANCH 2,311,313 N/A 2,311,313 2,311,313
E. REAL PROP NONQUAL ACREAGE 174,747,163 0.8958 195,073,859 174,747,163
F1. COMMERCIAL REAL 148,950,223 0.9208 161,761,754 148,950,223
F2. INDUSTRIAL REAL 67,127,665 N/A 67,127,665 67,127,665
G. OIL,GAS,MINERALS 7,304,470 N/A 7,304,470 7,304,470
J. UTILITIES 53,259,445 1.0142 52,513,750 53,259,445
L1. COMMERCIAL PERSONAL 75,736,440 0.9786 77,392,643 75,736,440
L2. INDUSTRIAL PERSONAL 216,657,530 N/A 216,657,530 216,657,530
M. MOBILE HOMES 7,062,909 N/A 7,062,909 7,062,909
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 8,049,030 N/A 8,049,030 8,049,030
Subtotal 1,224,172,697 1,249,324,722 1,224,172,697
Less Total Deductions 170,255,576 166,875,193 170,255,576
Total Taxable Value 1,053,917,121 1,082,449,529 1,053,917,121

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
1,091,209,071 1,053,917,121 1,091,209,071 1,053,917,121


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
37,291,950 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
1,091,209,071 1,053,917,121 1,091,209,071 1,053,917,121

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