taxes Property Tax Assistance

2016 ISD Summary Worksheet

250/Wood

250-903/Mineola ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 214,512,407 N/A 214,512,407 214,512,407
B. Multi-Family Residences 13,045,900 N/A 13,045,900 13,045,900
C1. Vacant Lots 3,028,970 N/A 3,028,970 3,028,970
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,124,569 N/A 6,124,569 6,124,569
D2. Real Prop Farm & Ranch 1,615,421 N/A 1,615,421 1,615,421
E. Real Prop NonQual Acres 151,962,882 N/A 151,962,882 151,962,882
F1. Commercial Real 66,718,906 N/A 66,718,906 66,718,906
F2. Industrial Real 2,305,360 N/A 2,305,360 2,305,360
G. Oil, Gas, Minerals 26,371,100 N/A 26,371,100 26,371,100
J. Utilities 25,210,490 N/A 25,210,490 25,210,490
L1. Commercial Personal 30,567,640 N/A 30,567,640 30,567,640
L2. Industrial Personal 17,244,290 N/A 17,244,290 17,244,290
M. Other Personal 2,036,450 N/A 2,036,450 2,036,450
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 579,600 N/A 579,600 579,600
S. Special Inventory 8,954,640 N/A 8,954,640 8,954,640
Subtotal 570,278,625 570,278,625 570,278,625
Less Total Deductions 104,858,239   104,858,239 104,858,239
Total Taxable Value 465,420,386 465,420,386 465,420,386 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
486,685,353 465,420,386 486,685,353 465,420,386


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
21,264,967 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
486,685,353 465,420,386 486,685,353 465,420,386

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