taxes Property Tax Assistance

2016 ISD Summary Worksheet

140/Lamb

140-901/Amherst ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 8,300,170 .7958 10,429,970 10,429,970
B. Multi-Family Residences 72,340 N/A 72,340 72,340
C1. Vacant Lots 110,420 N/A 110,420 110,420
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,869,750 .9384 12,649,246 12,649,246
D2. Real Prop Farm & Ranch 1,055,580 N/A 1,055,580 1,055,580
E. Real Prop NonQual Acres 5,482,810 .9435 5,811,139 5,811,139
F1. Commercial Real 1,032,160 N/A 1,032,160 1,032,160
F2. Industrial Real 9,143,430 N/A 9,143,430 9,143,430
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 8,697,220 1.0427 8,341,057 8,341,057
L1. Commercial Personal 1,366,860 N/A 1,366,860 1,366,860
L2. Industrial Personal 853,450 N/A 853,450 853,450
M. Other Personal 812,870 N/A 812,870 812,870
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 8,930 N/A 8,930 8,930
Subtotal 48,805,990 51,687,452 51,687,452
Less Total Deductions 4,484,760   5,208,200 5,208,200
Total Taxable Value 44,321,230 46,479,252 46,479,252 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
47,417,686 46,479,252 47,417,686 46,479,252


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
938,434 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
47,417,686 46,479,252 47,417,686 46,479,252

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)