taxes Property Tax Assistance

2016 ISD Summary Worksheet

188/Potter

191-901/Canyon ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 3,283,211,310 N/A 3,283,211,310 3,283,211,310
B. Multi-Family Residences 125,999,633 N/A 125,999,633 125,999,633
C1. Vacant Lots 109,736,933 N/A 109,736,933 109,736,933
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 28,836,520 N/A 28,836,520 28,836,520
D2. Real Prop Farm & Ranch 3,811,034 N/A 3,811,034 3,811,034
E. Real Prop NonQual Acres 33,485,760 N/A 33,485,760 33,485,760
F1. Commercial Real 441,947,062 N/A 441,947,062 441,947,062
F2. Industrial Real 20,465,615 N/A 20,465,615 20,465,615
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 127,430,260 N/A 127,430,260 127,430,260
L1. Commercial Personal 262,482,484 N/A 262,482,484 262,482,484
L2. Industrial Personal 196,849,824 N/A 196,849,824 196,849,824
M. Other Personal 25,626,033 N/A 25,626,033 25,626,033
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 8,597,707 N/A 8,597,707 8,597,707
S. Special Inventory 29,361,598 N/A 29,361,598 29,361,598
Subtotal 4,697,841,773 4,697,841,773 4,697,841,773
Less Total Deductions 608,609,808   608,609,808 608,609,808
Total Taxable Value 4,089,231,965 4,089,231,965 4,089,231,965 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
4,207,426,227 4,089,231,965 4,207,426,227 4,089,231,965


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
118,194,262 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
4,207,426,227 4,089,231,965 4,207,426,227 4,089,231,965

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