taxes Property Tax Assistance

2018 ISD Summary Worksheet

200-Runnels

200-906/Olfen ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	0	N/A	0	0
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	12,490	N/A	12,490	12,490
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	2,238,560	0.9914	2,257,871	2,238,560
D2. REAL PROP:FARM & RANCH	303,490	N/A	303,490	303,490
E. REAL PROP NONQUAL ACREAGE	4,003,970	0.9296	4,307,197	4,003,970
F1. COMMERCIAL REAL	82,310	N/A	82,310	82,310
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	5,193,910	0.9402	5,524,261	5,193,910
L1. COMMERCIAL PERSONAL	134,140	N/A	134,140	134,140
L2. INDUSTRIAL PERSONAL	1,600	N/A	1,600	1,600
M. MOBILE HOMES	0	N/A	0	0
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	11,970,470	0	12,623,359	11,970,470
Less Total Deductions	1,390,308	0	1,390,308	1,390,308
Total Taxable Value	10,580,162	0	11,233,051	10,580,162

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
10,873,912	10,580,162	10,873,912	10,580,162

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
293,750	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
10,873,912	10,580,162	10,873,912	10,580,162

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

200-906-02/Olfen ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	0	N/A	0	0
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	12,490	N/A	12,490	12,490
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	2,238,560	0.9914	2,257,871	2,238,560
D2. REAL PROP:FARM & RANCH	303,490	N/A	303,490	303,490
E. REAL PROP NONQUAL ACREAGE	4,003,970	0.9296	4,307,197	4,003,970
F1. COMMERCIAL REAL	82,310	N/A	82,310	82,310
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	5,193,910	0.9402	5,524,261	5,193,910
L1. COMMERCIAL PERSONAL	134,140	N/A	134,140	134,140
L2. INDUSTRIAL PERSONAL	1,600	N/A	1,600	1,600
M. MOBILE HOMES	0	N/A	0	0
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	11,970,470		12,623,359	11,970,470
Less Total Deductions	1,390,308		1,390,308	1,390,308
Total Taxable Value	10,580,162		11,233,051	10,580,162

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
10,873,912	10,580,162	10,873,912	10,580,162

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
293,750	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
10,873,912	10,580,162	10,873,912	10,580,162

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