taxes Property Tax Assistance

2018 ISD Summary Worksheet

212-Smith

212-901/Arp ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 260,349,705 N/A 260,349,705 260,349,705
B. MULTIFAMILY RESIDENCES 416,772 N/A 416,772 416,772
C1. VACANT LOTS 12,285,798 N/A 12,285,798 12,285,798
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 5,613,335 N/A 5,613,335 5,613,335
D2. REAL PROP:FARM & RANCH 3,123,090 N/A 3,123,090 3,123,090
E. REAL PROP NONQUAL ACREAGE 77,957,137 N/A 77,957,137 77,957,137
F1. COMMERCIAL REAL 8,194,017 N/A 8,194,017 8,194,017
F2. INDUSTRIAL REAL 1,565,758 N/A 1,565,758 1,565,758
G. OIL,GAS,MINERALS 28,919,290 N/A 28,919,290 28,919,290
J. UTILITIES 35,410,195 N/A 35,410,195 35,410,195
L1. COMMERCIAL PERSONAL 4,426,958 N/A 4,426,958 4,426,958
L2. INDUSTRIAL PERSONAL 7,397,922 N/A 7,397,922 7,397,922
M. MOBILE HOMES 4,509,208 N/A 4,509,208 4,509,208
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 560,596 N/A 560,596 560,596
S. SPECIAL INVENTORY 3,875 N/A 3,875 3,875
Subtotal 450,733,656 0 450,733,656 450,733,656
Less Total Deductions 92,192,007 0 92,192,007 92,192,007
Total Taxable Value 358,541,649 0 358,541,649 358,541,649

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
371,747,148 358,541,649 347,238,752 334,033,253


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
13,205,499 24,508,396


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
371,747,148 358,541,649 347,238,752 334,033,253

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

212-901-02/Arp ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 260,349,705 N/A 260,349,705 260,349,705
B. MULTIFAMILY RESIDENCES 416,772 N/A 416,772 416,772
C1. VACANT LOTS 12,285,798 N/A 12,285,798 12,285,798
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 5,613,335 N/A 5,613,335 5,613,335
D2. REAL PROP:FARM & RANCH 3,123,090 N/A 3,123,090 3,123,090
E. REAL PROP NONQUAL ACREAGE 77,957,137 N/A 77,957,137 77,957,137
F1. COMMERCIAL REAL 8,194,017 N/A 8,194,017 8,194,017
F2. INDUSTRIAL REAL 1,565,758 N/A 1,565,758 1,565,758
G. OIL,GAS,MINERALS 28,919,290 N/A 28,919,290 28,919,290
J. UTILITIES 35,410,195 N/A 35,410,195 35,410,195
L1. COMMERCIAL PERSONAL 4,426,958 N/A 4,426,958 4,426,958
L2. INDUSTRIAL PERSONAL 7,397,922 N/A 7,397,922 7,397,922
M. MOBILE HOMES 4,509,208 N/A 4,509,208 4,509,208
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 560,596 N/A 560,596 560,596
S. SPECIAL INVENTORY 3,875 N/A 3,875 3,875
Subtotal 450,733,656 450,733,656 450,733,656
Less Total Deductions 92,192,007 92,192,007 92,192,007
Total Taxable Value 358,541,649 358,541,649 358,541,649

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
371,747,148 358,541,649 347,238,752 334,033,253


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
13,205,499 24,508,396


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
371,747,148 358,541,649 347,238,752 334,033,253

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