taxes Property Tax Assistance

2016 ISD Summary Worksheet

109/Hill

109-913/Blum ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 17,880,660 .9661 18,508,084 17,880,660
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 783,750 N/A 783,750 783,750
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,998,531 .9968 5,014,391 4,998,531
D2. Real Prop Farm & Ranch 4,214,900 N/A 4,214,900 4,214,900
E. Real Prop NonQual Acres 43,391,150 .9082 47,777,087 43,391,150
F1. Commercial Real 6,124,770 N/A 6,124,770 6,124,770
F2. Industrial Real 210,550 N/A 210,550 210,550
G. Oil, Gas, Minerals 6,246,710 .9117 6,851,717 6,246,710
J. Utilities 33,334,940 .9438 35,319,919 33,334,940
L1. Commercial Personal 16,942,970 N/A 16,942,970 16,942,970
L2. Industrial Personal 2,718,590 N/A 2,718,590 2,718,590
M. Other Personal 1,414,690 N/A 1,414,690 1,414,690
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 138,262,211 145,881,418 138,262,211
Less Total Deductions 15,915,404   16,450,180 15,915,404
Total Taxable Value 122,346,807 129,431,238 122,346,807 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
126,059,704 122,346,807 126,059,704 122,346,807


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,712,897 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
126,059,704 122,346,807 126,059,704 122,346,807

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 invalid, but local value was certified because your school district is in year one of the grace period.