taxes Property Tax Assistance

2018 ISD Summary Worksheet

252-Young

252-902/Newcastle ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 5,305,090 0.7061 7,513,228 5,305,090
B. MULTIFAMILY RESIDENCES 329,780 N/A 329,780 329,780
C1. VACANT LOTS 305,556 N/A 305,556 305,556
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 12,402,055 1.2809 9,682,361 12,402,055
D2. REAL PROP:FARM & RANCH 2,810,675 N/A 2,810,675 2,810,675
E. REAL PROP NONQUAL ACREAGE 24,339,360 0.8745 27,832,316 24,339,360
F1. COMMERCIAL REAL 2,101,540 N/A 2,101,540 2,101,540
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 11,404,270 1.0045 11,353,181 11,404,270
J. UTILITIES 23,324,100 0.9009 25,889,777 23,324,100
L1. COMMERCIAL PERSONAL 1,635,570 N/A 1,635,570 1,635,570
L2. INDUSTRIAL PERSONAL 325,650 N/A 325,650 325,650
M. MOBILE HOMES 358,510 N/A 358,510 358,510
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 84,642,156 0 90,138,144 84,642,156
Less Total Deductions 11,035,435 0 14,930,714 11,035,435
Total Taxable Value 73,606,721 0 75,207,430 73,606,721

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
75,064,943 73,606,721 75,064,943 73,606,721


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,458,222 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
75,064,943 73,606,721 75,064,943 73,606,721

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

252-902-02/Newcastle ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 5,305,090 0.7061 7,513,228 5,305,090
B. MULTIFAMILY RESIDENCES 329,780 N/A 329,780 329,780
C1. VACANT LOTS 305,556 N/A 305,556 305,556
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 12,402,055 1.2809 9,682,361 12,402,055
D2. REAL PROP:FARM & RANCH 2,810,675 N/A 2,810,675 2,810,675
E. REAL PROP NONQUAL ACREAGE 24,339,360 0.8745 27,832,316 24,339,360
F1. COMMERCIAL REAL 2,101,540 N/A 2,101,540 2,101,540
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 11,404,270 1.0045 11,353,181 11,404,270
J. UTILITIES 23,324,100 0.9009 25,889,777 23,324,100
L1. COMMERCIAL PERSONAL 1,635,570 N/A 1,635,570 1,635,570
L2. INDUSTRIAL PERSONAL 325,650 N/A 325,650 325,650
M. MOBILE HOMES 358,510 N/A 358,510 358,510
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 84,642,156 90,138,144 84,642,156
Less Total Deductions 11,035,435 14,930,714 11,035,435
Total Taxable Value 73,606,721 75,207,430 73,606,721

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
75,064,943 73,606,721 75,064,943 73,606,721


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,458,222 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
75,064,943 73,606,721 75,064,943 73,606,721

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