taxes Property Tax Assistance

2016 ISD Summary Worksheet

008/Austin

008-902/Sealy ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 527,028,078 .8932 590,044,870 527,028,078
B. Multi-Family Residences 14,017,224 N/A 14,017,224 14,017,224
C1. Vacant Lots 23,518,386 N/A 23,518,386 23,518,386
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,747,398 1.2255 10,401,646 12,747,398
D2. Real Prop Farm & Ranch 2,885,393 N/A 2,885,393 2,885,393
E. Real Prop NonQual Acres 198,327,385 .8877 223,417,129 198,327,385
F1. Commercial Real 126,457,768 1.0372 121,922,260 126,457,768
F2. Industrial Real 99,808,798 N/A 99,808,798 99,808,798
G. Oil, Gas, Minerals 5,560,690 N/A 5,560,690 5,560,690
J. Utilities 123,951,734 .9925 124,888,397 123,951,734
L1. Commercial Personal 45,101,244 N/A 45,101,244 45,101,244
L2. Industrial Personal 184,541,765 N/A 184,541,765 184,541,765
M. Other Personal 15,182,091 N/A 15,182,091 15,182,091
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,049,528 N/A 1,049,528 1,049,528
S. Special Inventory 8,203,544 N/A 8,203,544 8,203,544
Subtotal 1,388,381,026 1,470,542,965 1,388,381,026
Less Total Deductions 187,116,594   209,267,219 187,116,594
Total Taxable Value 1,201,264,432 1,261,275,746 1,201,264,432 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
1,228,720,437 1,201,264,432 1,176,645,946 1,149,189,941


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
27,456,005 52,074,491


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
1,228,720,437 1,201,264,432 1,176,645,946 1,149,189,941

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 invalid, but local value was certified because your school district is in year one of the grace period.