taxes Property Tax Assistance

2016 ISD Summary Worksheet

109/Hill

109-908/Malone ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 7,345,740 .9799 7,496,418 7,496,418
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 223,660 N/A 223,660 223,660
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,921,563 .6432 7,651,164 7,651,164
D2. Real Prop Farm & Ranch 1,508,050 N/A 1,508,050 1,508,050
E. Real Prop NonQual Acres 10,885,560 .9083 11,984,543 11,984,543
F1. Commercial Real 1,366,580 N/A 1,366,580 1,366,580
F2. Industrial Real 700,650 N/A 700,650 700,650
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 11,633,560 .8440 13,783,839 13,783,839
L1. Commercial Personal 1,671,120 N/A 1,671,120 1,671,120
L2. Industrial Personal 12,723,640 N/A 12,723,640 12,723,640
M. Other Personal 360,550 N/A 360,550 360,550
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 670 N/A 670 670
Subtotal 53,341,343 59,470,884 59,470,884
Less Total Deductions 10,647,153   10,783,745 10,783,745
Total Taxable Value 42,694,190 48,687,139 48,687,139 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
49,841,300 48,687,139 49,841,300 48,687,139


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,154,161 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
49,841,300 48,687,139 49,841,300 48,687,139

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 taxable value to be invalid, and state value was certified because your local value:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)