taxes Property Tax Assistance

2016 ISD Summary Worksheet

049/Cooke

049-907/Lindsay ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 98,961,981 .9428 104,966,038 98,961,981
B. Multi-Family Residences 400,957 N/A 400,957 400,957
C1. Vacant Lots 2,016,947 N/A 2,016,947 2,016,947
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,605,119 1.2102 2,152,565 2,605,119
D2. Real Prop Farm & Ranch 2,160,481 N/A 2,160,481 2,160,481
E. Real Prop NonQual Acres 29,489,816 .9608 30,692,981 29,489,816
F1. Commercial Real 15,746,394 .9350 16,841,063 15,746,394
F2. Industrial Real 24,746,749 N/A 24,746,749 24,746,749
G. Oil, Gas, Minerals 38,570 N/A 38,570 38,570
J. Utilities 7,305,140 N/A 7,305,140 7,305,140
L1. Commercial Personal 23,485,680 1.0046 23,378,141 23,485,680
L2. Industrial Personal 307,210,062 N/A 307,210,062 307,210,062
M. Other Personal 245,720 N/A 245,720 245,720
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 263,255 N/A 263,255 263,255
S. Special Inventory 3,696,753 N/A 3,696,753 3,696,753
Subtotal 518,373,624 526,115,422 518,373,624
Less Total Deductions 24,545,953   26,267,936 24,545,953
Total Taxable Value 493,827,671 499,847,486 493,827,671 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
499,195,728 493,827,671 499,195,728 493,827,671


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,368,057 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
499,195,728 493,827,671 499,195,728 493,827,671

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