taxes Property Tax Assistance

2016 ISD Summary Worksheet

120/Jackson

120-901/Edna ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 172,491,624 N/A 172,491,624 172,491,624
B. Multi-Family Residences 4,309,321 N/A 4,309,321 4,309,321
C1. Vacant Lots 7,712,150 N/A 7,712,150 7,712,150
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 30,921,420 N/A 30,921,420 30,921,420
D2. Real Prop Farm & Ranch 7,794,338 N/A 7,794,338 7,794,338
E. Real Prop NonQual Acres 65,978,055 N/A 65,978,055 65,978,055
F1. Commercial Real 53,307,199 N/A 53,307,199 53,307,199
F2. Industrial Real 135,982,030 N/A 135,982,030 135,982,030
G. Oil, Gas, Minerals 17,198,790 N/A 17,198,790 17,198,790
J. Utilities 76,015,914 N/A 76,015,914 76,015,914
L1. Commercial Personal 19,130,322 N/A 19,130,322 19,130,322
L2. Industrial Personal 43,510,060 N/A 43,510,060 43,510,060
M. Other Personal 4,569,040 N/A 4,569,040 4,569,040
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 204,000 N/A 204,000 204,000
S. Special Inventory 955,740 N/A 955,740 955,740
Subtotal 640,080,003 640,080,003 640,080,003
Less Total Deductions 189,558,138   189,558,138 189,558,138
Total Taxable Value 450,521,865 450,521,865 450,521,865 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
466,623,791 450,521,865 466,623,791 450,521,865


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
16,101,926 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
566,162,591 550,060,665 566,162,591 550,060,665

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