taxes Property Tax Assistance

2016 ISD Summary Worksheet

143/Lavaca

143-905/Sweet Home ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 6,870,485 1.0114 6,793,044 6,870,485
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 245,178 N/A 245,178 245,178
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,112,747 1.0614 2,932,810 3,112,747
D2. Real Prop Farm & Ranch 2,991,941 N/A 2,991,941 2,991,941
E. Real Prop NonQual Acres 42,907,319 1.0403 41,245,140 42,907,319
F1. Commercial Real 1,097,190 N/A 1,097,190 1,097,190
F2. Industrial Real 139,115 N/A 139,115 139,115
G. Oil, Gas, Minerals 1,633,630 1.0393 1,571,856 1,633,630
J. Utilities 17,555,570 N/A 17,555,570 17,555,570
L1. Commercial Personal 555,391 N/A 555,391 555,391
L2. Industrial Personal 622,414 N/A 622,414 622,414
M. Other Personal 769,977 N/A 769,977 769,977
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 78,500,957 76,519,626 78,500,957
Less Total Deductions 10,691,344   10,554,825 10,691,344
Total Taxable Value 67,809,613 65,964,801 67,809,613 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
70,386,662 67,809,613 70,386,662 67,809,613


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,577,049 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
70,386,662 67,809,613 70,386,662 67,809,613

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