taxes Property Tax Assistance

2018 ISD Summary Worksheet

161-McLennan

161-906/La Vega ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 307,813,860 0.9672 318,252,543 307,813,860
B. MULTIFAMILY RESIDENCES 17,691,014 N/A 17,691,014 17,691,014
C1. VACANT LOTS 19,390,854 N/A 19,390,854 19,390,854
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 1,505,149 1.0459 1,439,097 1,505,149
D2. REAL PROP:FARM & RANCH 789,210 N/A 789,210 789,210
E. REAL PROP NONQUAL ACREAGE 25,276,392 N/A 25,276,392 25,276,392
F1. COMMERCIAL REAL 275,085,120 0.9914 277,471,374 275,085,120
F2. INDUSTRIAL REAL 124,655,586 N/A 124,655,586 124,655,586
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 36,583,070 N/A 36,583,070 36,583,070
L1. COMMERCIAL PERSONAL 237,342,330 1.0217 232,301,390 237,342,330
L2. INDUSTRIAL PERSONAL 15,901,580 N/A 15,901,580 15,901,580
M. MOBILE HOMES 4,380,720 N/A 4,380,720 4,380,720
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 894,420 N/A 894,420 894,420
S. SPECIAL INVENTORY 676,850 N/A 676,850 676,850
Subtotal 1,067,986,155 0 1,075,704,100 1,067,986,155
Less Total Deductions 164,856,533 0 168,323,741 164,856,533
Total Taxable Value 903,129,622 0 907,380,359 903,129,622

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
923,728,191 903,129,622 923,728,191 903,129,622


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,598,569 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
923,728,191 903,129,622 923,728,191 903,129,622

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

161-906-02/La Vega ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 307,813,860 0.9672 318,252,543 307,813,860
B. MULTIFAMILY RESIDENCES 17,691,014 N/A 17,691,014 17,691,014
C1. VACANT LOTS 19,390,854 N/A 19,390,854 19,390,854
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 1,505,149 1.0459 1,439,097 1,505,149
D2. REAL PROP:FARM & RANCH 789,210 N/A 789,210 789,210
E. REAL PROP NONQUAL ACREAGE 25,276,392 N/A 25,276,392 25,276,392
F1. COMMERCIAL REAL 275,085,120 0.9914 277,471,374 275,085,120
F2. INDUSTRIAL REAL 124,655,586 N/A 124,655,586 124,655,586
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 36,583,070 N/A 36,583,070 36,583,070
L1. COMMERCIAL PERSONAL 237,342,330 1.0217 232,301,390 237,342,330
L2. INDUSTRIAL PERSONAL 15,901,580 N/A 15,901,580 15,901,580
M. MOBILE HOMES 4,380,720 N/A 4,380,720 4,380,720
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 894,420 N/A 894,420 894,420
S. SPECIAL INVENTORY 676,850 N/A 676,850 676,850
Subtotal 1,067,986,155 1,075,704,100 1,067,986,155
Less Total Deductions 164,856,533 168,323,741 164,856,533
Total Taxable Value 903,129,622 907,380,359 903,129,622

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
923,728,191 903,129,622 923,728,191 903,129,622


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
20,598,569 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
923,728,191 903,129,622 923,728,191 903,129,622

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