taxes Property Tax Assistance

2016 ISD Summary Worksheet

014/Bell

014-908/Salado ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 542,571,871 N/A 542,571,871 542,571,871
B. Multi-Family Residences 5,363,764 N/A 5,363,764 5,363,764
C1. Vacant Lots 26,873,248 N/A 26,873,248 26,873,248
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,893,695 N/A 11,893,695 11,893,695
D2. Real Prop Farm & Ranch 2,403,483 N/A 2,403,483 2,403,483
E. Real Prop NonQual Acres 128,329,083 N/A 128,329,083 128,329,083
F1. Commercial Real 51,171,600 N/A 51,171,600 51,171,600
F2. Industrial Real 226,182 N/A 226,182 226,182
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 22,370,240 N/A 22,370,240 22,370,240
L1. Commercial Personal 33,288,983 N/A 33,288,983 33,288,983
L2. Industrial Personal 3,727,540 N/A 3,727,540 3,727,540
M. Other Personal 1,655,662 N/A 1,655,662 1,655,662
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 9,983,640 N/A 9,983,640 9,983,640
S. Special Inventory 608,246 N/A 608,246 608,246
Subtotal 840,467,237 840,467,237 840,467,237
Less Total Deductions 106,263,966   106,263,966 106,263,966
Total Taxable Value 734,203,271 734,203,271 734,203,271 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
755,487,759 734,203,271 755,487,759 734,203,271


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
21,284,488 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
755,487,759 734,203,271 755,487,759 734,203,271

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