taxes Property Tax Assistance

2016 ISD Summary Worksheet

216/Sterling

216-901/Sterling City ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 18,472,170 .7450 24,794,859 18,472,170
B. Multi-Family Residences 697,750 N/A 697,750 697,750
C1. Vacant Lots 1,393,840 N/A 1,393,840 1,393,840
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,877,990 1.3406 5,876,310 7,877,990
D2. Real Prop Farm & Ranch 7,427,190 N/A 7,427,190 7,427,190
E. Real Prop NonQual Acres 11,393,970 N/A 11,393,970 11,393,970
F1. Commercial Real 4,017,650 N/A 4,017,650 4,017,650
F2. Industrial Real 618,600,260 N/A 618,600,260 618,600,260
G. Oil, Gas, Minerals 61,214,980 .9983 61,319,223 61,214,980
J. Utilities 114,034,290 1.1119 102,558,045 114,034,290
L1. Commercial Personal 4,761,900 N/A 4,761,900 4,761,900
L2. Industrial Personal 34,381,020 N/A 34,381,020 34,381,020
M. Other Personal 299,450 N/A 299,450 299,450
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 884,572,460 877,521,467 884,572,460
Less Total Deductions 517,110,036   519,846,963 517,110,036
Total Taxable Value 367,462,424 357,674,504 367,462,424 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
369,673,834 367,462,424 369,673,834 367,462,424


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,211,410 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
876,445,784 874,234,374 876,445,784 874,234,374

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