taxes Property Tax Assistance

2016 ISD Summary Worksheet

052/Crane

052-901/Crane ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 98,175,920 .9590 102,373,222 98,175,920
B. Multi-Family Residences 452,040 N/A 452,040 452,040
C1. Vacant Lots 3,391,700 N/A 3,391,700 3,391,700
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,579,480 1.1995 1,316,829 1,579,480
D2. Real Prop Farm & Ranch 118,690 N/A 118,690 118,690
E. Real Prop NonQual Acres 10,005,090 N/A 10,005,090 10,005,090
F1. Commercial Real 12,729,220 N/A 12,729,220 12,729,220
F2. Industrial Real 48,422,270 N/A 48,422,270 48,422,270
G. Oil, Gas, Minerals 488,144,980 1.0153 480,788,910 488,144,980
J. Utilities 192,910,790 .9496 203,149,526 192,910,790
L1. Commercial Personal 10,017,010 N/A 10,017,010 10,017,010
L2. Industrial Personal 36,404,750 N/A 36,404,750 36,404,750
M. Other Personal 2,808,150 N/A 2,808,150 2,808,150
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 905,160,090 911,977,407 905,160,090
Less Total Deductions 54,209,176   55,615,278 54,209,176
Total Taxable Value 850,950,914 856,362,129 850,950,914 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
858,300,334 850,950,914 858,300,334 850,950,914


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,349,420 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
858,300,334 850,950,914 858,300,334 850,950,914

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