taxes Property Tax Assistance

2016 ISD Summary Worksheet

026/Burleson

026-903/Snook ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 36,802,595 .9445 38,965,161 36,802,595
B. Multi-Family Residences 185,514 N/A 185,514 185,514
C1. Vacant Lots 10,055,393 N/A 10,055,393 10,055,393
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,545,380 .7245 17,315,289 12,545,380
D2. Real Prop Farm & Ranch 8,566,090 N/A 8,566,090 8,566,090
E. Real Prop NonQual Acres 78,850,855 .9657 81,651,502 78,850,855
F1. Commercial Real 6,038,542 N/A 6,038,542 6,038,542
F2. Industrial Real 656,152 N/A 656,152 656,152
G. Oil, Gas, Minerals 63,609,240 1.0199 62,368,115 63,609,240
J. Utilities 21,003,560 1.0018 20,965,822 21,003,560
L1. Commercial Personal 5,474,441 N/A 5,474,441 5,474,441
L2. Industrial Personal 5,600,270 N/A 5,600,270 5,600,270
M. Other Personal 5,118,508 N/A 5,118,508 5,118,508
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 254,506,540 262,960,799 254,506,540
Less Total Deductions 33,778,993   35,249,506 33,778,993
Total Taxable Value 220,727,547 227,711,293 220,727,547 T2

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
225,808,327 220,727,547 225,808,327 220,727,547


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,080,780 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
225,808,327 220,727,547 225,808,327 220,727,547

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