taxes Property Tax Assistance

2016 ISD Summary Worksheet

126/Johnson

126-901/Alvarado ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 387,173,822 N/A 387,173,822 387,173,822
B. Multi-Family Residences 7,702,926 N/A 7,702,926 7,702,926
C1. Vacant Lots 24,091,138 N/A 24,091,138 24,091,138
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,242,427 N/A 4,242,427 4,242,427
D2. Real Prop Farm & Ranch 3,173,967 N/A 3,173,967 3,173,967
E. Real Prop NonQual Acres 259,569,550 N/A 259,569,550 259,569,550
F1. Commercial Real 107,863,892 N/A 107,863,892 107,863,892
F2. Industrial Real 63,976,307 N/A 63,976,307 63,976,307
G. Oil, Gas, Minerals 173,210,491 N/A 173,210,491 173,210,491
J. Utilities 87,566,833 N/A 87,566,833 87,566,833
L1. Commercial Personal 101,342,818 N/A 101,342,818 101,342,818
L2. Industrial Personal 238,596,701 N/A 238,596,701 238,596,701
M. Other Personal 8,912,983 N/A 8,912,983 8,912,983
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 912,027 N/A 912,027 912,027
S. Special Inventory 20,423,774 N/A 20,423,774 20,423,774
Subtotal 1,488,759,656 1,488,759,656 1,488,759,656
Less Total Deductions 210,867,792   210,867,792 210,867,792
Total Taxable Value 1,277,891,864 1,277,891,864 1,277,891,864 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
1,309,220,907 1,277,891,864 1,309,220,907 1,277,891,864


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
31,329,043 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
1,309,220,907 1,277,891,864 1,309,220,907 1,277,891,864

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