taxes Property Tax Assistance

2018 ISD Summary Worksheet

228-Trinity

228-905/Apple Springs ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	12,440,232	N/A	12,440,232	12,440,232
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	637,315	N/A	637,315	637,315
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	12,321,359	N/A	12,321,359	12,321,359
D2. REAL PROP:FARM & RANCH	567,368	N/A	567,368	567,368
E. REAL PROP NONQUAL ACREAGE	27,376,445	N/A	27,376,445	27,376,445
F1. COMMERCIAL REAL	1,895,163	N/A	1,895,163	1,895,163
F2. INDUSTRIAL REAL	45,850	N/A	45,850	45,850
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	1,641,841	N/A	1,641,841	1,641,841
L1. COMMERCIAL PERSONAL	1,328,501	N/A	1,328,501	1,328,501
L2. INDUSTRIAL PERSONAL	217,550	N/A	217,550	217,550
M. MOBILE HOMES	1,750,614	N/A	1,750,614	1,750,614
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	60,222,238	0	60,222,238	60,222,238
Less Total Deductions	12,997,797	0	12,997,797	12,997,797
Total Taxable Value	47,224,441	0	47,224,441	47,224,441

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
49,664,520	47,224,441	49,664,520	47,224,441

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,440,079	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
49,664,520	47,224,441	49,664,520	47,224,441

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

228-905-02/Apple Springs ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	12,440,232	N/A	12,440,232	12,440,232
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	637,315	N/A	637,315	637,315
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	12,321,359	N/A	12,321,359	12,321,359
D2. REAL PROP:FARM & RANCH	567,368	N/A	567,368	567,368
E. REAL PROP NONQUAL ACREAGE	27,376,445	N/A	27,376,445	27,376,445
F1. COMMERCIAL REAL	1,895,163	N/A	1,895,163	1,895,163
F2. INDUSTRIAL REAL	45,850	N/A	45,850	45,850
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	1,641,841	N/A	1,641,841	1,641,841
L1. COMMERCIAL PERSONAL	1,328,501	N/A	1,328,501	1,328,501
L2. INDUSTRIAL PERSONAL	217,550	N/A	217,550	217,550
M. MOBILE HOMES	1,750,614	N/A	1,750,614	1,750,614
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	60,222,238		60,222,238	60,222,238
Less Total Deductions	12,997,797		12,997,797	12,997,797
Total Taxable Value	47,224,441		47,224,441	47,224,441

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
49,664,520	47,224,441	49,664,520	47,224,441

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,440,079	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
49,664,520	47,224,441	49,664,520	47,224,441

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