taxes Property Tax Assistance

2016 ISD Summary Worksheet

011/Bastrop

011-904/Smithville ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 409,649,783 .9116 449,374,488 449,374,488
B. Multi-Family Residences 7,046,168 N/A 7,046,168 7,046,168
C1. Vacant Lots 20,841,173 N/A 20,841,173 20,841,173
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,294,190 1.2079 10,178,232 10,178,232
D2. Real Prop Farm & Ranch 18,168,408 N/A 18,168,408 18,168,408
E. Real Prop NonQual Acres 239,683,542 .9930 241,373,154 241,373,154
F1. Commercial Real 44,784,940 .7808 57,357,761 57,357,761
F2. Industrial Real 1,417,056 N/A 1,417,056 1,417,056
G. Oil, Gas, Minerals 4,422,298 N/A 4,422,298 4,422,298
J. Utilities 40,382,404 .7133 56,613,492 56,613,492
L1. Commercial Personal 14,638,984 N/A 14,638,984 14,638,984
L2. Industrial Personal 7,869,297 N/A 7,869,297 7,869,297
M. Other Personal 15,573,105 N/A 15,573,105 15,573,105
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 982,285 N/A 982,285 982,285
Subtotal 837,753,633 905,855,901 905,855,901
Less Total Deductions 134,290,658   150,630,988 150,630,988
Total Taxable Value 703,462,975 755,224,913 755,224,913 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
777,425,819 755,224,913 777,425,819 755,224,913


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
22,200,906 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
777,425,819 755,224,913 777,425,819 755,224,913

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)

075/Fayette

011-904/Smithville ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 2,164,410 N/A 2,164,410 2,164,410
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 325,430 N/A 325,430 325,430
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 540,830 N/A 540,830 540,830
D2. Real Prop Farm & Ranch 3,270 N/A 3,270 3,270
E. Real Prop NonQual Acres 9,826,720 N/A 9,826,720 9,826,720
F1. Commercial Real 164,460 N/A 164,460 164,460
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 185,040 N/A 185,040 185,040
J. Utilities 1,841,070 N/A 1,841,070 1,841,070
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 245,770 N/A 245,770 245,770
M. Other Personal 250,460 N/A 250,460 250,460
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 15,547,460 15,547,460 15,547,460
Less Total Deductions 1,747,749   1,747,749 1,747,749
Total Taxable Value 13,799,711 13,799,711 13,799,711 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
14,215,661 13,799,711 14,215,661 13,799,711


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
415,950 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
14,215,661 13,799,711 14,215,661 13,799,711

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

011-904/Smithville ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 411,814,193 .9120 451,538,898 451,538,898
B. Multi-Family Residences 7,046,168 N/A 7,046,168 7,046,168
C1. Vacant Lots 21,166,603 N/A 21,166,603 21,166,603
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,835,020 1.1974 10,719,062 10,719,062
D2. Real Prop Farm & Ranch 18,171,678 N/A 18,171,678 18,171,678
E. Real Prop NonQual Acres 249,510,262 .9933 251,199,874 251,199,874
F1. Commercial Real 44,949,400 .7814 57,522,221 57,522,221
F2. Industrial Real 1,417,056 N/A 1,417,056 1,417,056
G. Oil, Gas, Minerals 4,607,338 N/A 4,607,338 4,607,338
J. Utilities 42,223,474 .7223 58,454,562 58,454,562
L1. Commercial Personal 14,638,984 N/A 14,638,984 14,638,984
L2. Industrial Personal 8,115,067 N/A 8,115,067 8,115,067
M. Other Personal 15,823,565 N/A 15,823,565 15,823,565
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 982,285 N/A 982,285 982,285
Subtotal 853,301,093 921,403,361 921,403,361
Less Total Deductions 136,038,407   152,378,737 152,378,737
Total Taxable Value 717,262,686 769,024,624 769,024,624 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