taxes Property Tax Assistance

2016 ISD Summary Worksheet

011/Bastrop

011-901/Bastrop 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 2,016,070,112 .9394 2,146,125,306 2,016,070,112
B. Multi-Family Residences 56,581,092 N/A 56,581,092 56,581,092
C1. Vacant Lots 114,055,048 N/A 114,055,048 114,055,048
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 16,135,445 1.2188 13,239,028 16,135,445
D2. Real Prop Farm & Ranch 33,297,808 N/A 33,297,808 33,297,808
E. Real Prop NonQual Acres 434,581,482 .8739 497,289,715 434,581,482
F1. Commercial Real 550,793,454 .7994 689,008,574 550,793,454
F2. Industrial Real 181,026,154 N/A 181,026,154 181,026,154
G. Oil, Gas, Minerals 1,074,543 N/A 1,074,543 1,074,543
J. Utilities 93,922,860 N/A 93,922,860 93,922,860
L1. Commercial Personal 159,861,705 N/A 159,861,705 159,861,705
L2. Industrial Personal 127,979,519 N/A 127,979,519 127,979,519
M. Other Personal 79,939,369 N/A 79,939,369 79,939,369
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 25,188,229 N/A 25,188,229 25,188,229
Subtotal 3,890,506,820 4,218,588,950 3,890,506,820
Less Total Deductions 554,301,681   588,332,381 554,301,681
Total Taxable Value 3,336,205,139 3,630,256,569 3,336,205,139 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
3,419,791,860 3,336,205,139 3,419,791,860 3,336,205,139


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
83,586,721 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
3,419,791,860 3,336,205,139 3,419,791,860 3,336,205,139

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.