taxes Property Tax Assistance

2016 ISD Summary Worksheet

176/Newton

176-901/Burkeville ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 109,957,436 .9675 113,651,097 109,957,436
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 9,403,403 N/A 9,403,403 9,403,403
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 39,168,057 .9681 40,459,372 39,168,057
D2. Real Prop Farm & Ranch 383,655 N/A 383,655 383,655
E. Real Prop NonQual Acres 25,382,915 1.0576 24,000,487 25,382,915
F1. Commercial Real 4,306,498 N/A 4,306,498 4,306,498
F2. Industrial Real 880,625 N/A 880,625 880,625
G. Oil, Gas, Minerals 20,898,060 1.0460 19,979,025 20,898,060
J. Utilities 16,707,055 N/A 16,707,055 16,707,055
L1. Commercial Personal 897,816 N/A 897,816 897,816
L2. Industrial Personal 2,408,410 N/A 2,408,410 2,408,410
M. Other Personal 5,919,768 N/A 5,919,768 5,919,768
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 236,313,698 238,997,211 236,313,698
Less Total Deductions 39,599,766   40,949,776 39,599,766
Total Taxable Value 196,713,932 198,047,435 196,713,932 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
202,392,357 196,713,932 196,515,045 190,836,620


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,678,425 5,877,312


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
202,392,357 196,713,932 196,515,045 190,836,620

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