taxes Property Tax Assistance

2016 ISD Summary Worksheet

214/Starr

214-903/Roma ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 248,370,550 .7788 318,914,420 318,914,420
B. Multi-Family Residences 10,372,390 N/A 10,372,390 10,372,390
C1. Vacant Lots 30,337,080 .9207 32,950,016 32,950,016
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 21,619,740 .7019 30,800,118 30,800,118
D2. Real Prop Farm & Ranch 2,500 N/A 2,500 2,500
E. Real Prop NonQual Acres 23,782,800 N/A 23,782,800 23,782,800
F1. Commercial Real 45,925,680 .9753 47,088,773 47,088,773
F2. Industrial Real 44,942,980 N/A 44,942,980 44,942,980
G. Oil, Gas, Minerals 26,686,720 .9886 26,994,457 26,994,457
J. Utilities 46,314,300 .9821 47,158,436 47,158,436
L1. Commercial Personal 18,231,910 N/A 18,231,910 18,231,910
L2. Industrial Personal 4,224,280 N/A 4,224,280 4,224,280
M. Other Personal 1,022,310 N/A 1,022,310 1,022,310
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 433,470 N/A 433,470 433,470
Subtotal 522,266,710 606,918,860 606,918,860
Less Total Deductions 119,360,183   128,902,490 128,902,490
Total Taxable Value 402,906,527 478,016,370 478,016,370 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
506,644,510 478,016,370 506,644,510 478,016,370


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
28,628,140 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
506,644,510 478,016,370 506,644,510 478,016,370

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 taxable value to be invalid, and state value was certified because your local value:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)