taxes Property Tax Assistance

2016 ISD Summary Worksheet

179/Ochiltree

179-901/Perryton ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 249,429,846 .8707 286,470,479 249,429,846
B. Multi-Family Residences 7,405,774 N/A 7,405,774 7,405,774
C1. Vacant Lots 4,578,919 N/A 4,578,919 4,578,919
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 65,899,507 .9069 72,667,629 65,899,507
D2. Real Prop Farm & Ranch 3,921,485 N/A 3,921,485 3,921,485
E. Real Prop NonQual Acres 51,913,141 N/A 51,913,141 51,913,141
F1. Commercial Real 72,780,761 N/A 72,780,761 72,780,761
F2. Industrial Real 239,816,486 N/A 239,816,486 239,816,486
G. Oil, Gas, Minerals 405,118,820 1.0187 397,682,164 405,118,820
J. Utilities 130,642,850 .9118 143,280,160 130,642,850
L1. Commercial Personal 73,764,124 1.0225 72,140,953 73,764,124
L2. Industrial Personal 89,233,277 N/A 89,233,277 89,233,277
M. Other Personal 5,438,473 N/A 5,438,473 5,438,473
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 1,658,775 N/A 1,658,775 1,658,775
Subtotal 1,401,602,238 1,448,988,476 1,401,602,238
Less Total Deductions 275,640,793   284,250,122 275,640,793
Total Taxable Value 1,125,961,445 1,164,738,354 1,125,961,445 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
1,144,724,646 1,125,961,445 1,144,724,646 1,125,961,445


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
18,763,201 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
1,344,942,506 1,326,179,305 1,344,942,506 1,326,179,305

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