taxes Property Tax Assistance

2016 ISD Summary Worksheet

077/Floyd

173-901/Motley County ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 0 N/A 0 0
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,255,710 N/A 1,255,710 1,255,710
D2. Real Prop Farm & Ranch 49,350 N/A 49,350 49,350
E. Real Prop NonQual Acres 344,650 N/A 344,650 344,650
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 8,630 N/A 8,630 8,630
J. Utilities 42,150 N/A 42,150 42,150
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 32,920 N/A 32,920 32,920
M. Other Personal 0 N/A 0 0
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 1,733,410 1,733,410 1,733,410
Less Total Deductions 96,110   96,110 96,110
Total Taxable Value 1,637,300 1,637,300 1,637,300 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
1,667,300 1,637,300 1,667,300 1,637,300


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
30,000 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
1,667,300 1,637,300 1,667,300 1,637,300

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

173/Motley

173-901/Motley County ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 16,770,550 .8858 18,932,660 16,770,550
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 297,040 N/A 297,040 297,040
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 45,643,530 1.0648 42,867,802 45,643,530
D2. Real Prop Farm & Ranch 514,720 N/A 514,720 514,720
E. Real Prop NonQual Acres 7,771,640 .9473 8,203,990 7,771,640
F1. Commercial Real 2,160,910 N/A 2,160,910 2,160,910
F2. Industrial Real 147,570 N/A 147,570 147,570
G. Oil, Gas, Minerals 833,800 N/A 833,800 833,800
J. Utilities 44,684,910 N/A 44,684,910 44,684,910
L1. Commercial Personal 3,111,170 N/A 3,111,170 3,111,170
L2. Industrial Personal 2,674,860 N/A 2,674,860 2,674,860
M. Other Personal 279,950 N/A 279,950 279,950
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 124,890,650 124,709,382 124,890,650
Less Total Deductions 11,463,255   12,458,001 11,463,255
Total Taxable Value 113,427,395 112,251,381 113,427,395 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
116,054,125 113,427,395 116,054,125 113,427,395


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,626,730 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
116,054,125 113,427,395 116,054,125 113,427,395

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

173-901/Motley County ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 16,770,550 .8858 18,932,660 16,770,550
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 297,040 N/A 297,040 297,040
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 46,899,240 1.0629 44,123,512 46,899,240
D2. Real Prop Farm & Ranch 564,070 N/A 564,070 564,070
E. Real Prop NonQual Acres 8,116,290 .9494 8,548,640 8,116,290
F1. Commercial Real 2,160,910 N/A 2,160,910 2,160,910
F2. Industrial Real 147,570 N/A 147,570 147,570
G. Oil, Gas, Minerals 842,430 N/A 842,430 842,430
J. Utilities 44,727,060 N/A 44,727,060 44,727,060
L1. Commercial Personal 3,111,170 N/A 3,111,170 3,111,170
L2. Industrial Personal 2,707,780 N/A 2,707,780 2,707,780
M. Other Personal 279,950 N/A 279,950 279,950
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 126,624,060 126,442,792 126,624,060
Less Total Deductions 11,559,365   12,554,111 11,559,365
Total Taxable Value 115,064,695 113,888,681 115,064,695 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