taxes Property Tax Assistance

2016 ISD Summary Worksheet

028/Caldwell

028-902/Lockhart 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 436,263,122 .8943 487,826,369 436,263,122
B. Multi-Family Residences 33,184,397 N/A 33,184,397 33,184,397
C1. Vacant Lots 20,150,930 N/A 20,150,930 20,150,930
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 15,212,868 .9695 15,691,114 15,212,868
D2. Real Prop Farm & Ranch 15,115,453 N/A 15,115,453 15,115,453
E. Real Prop NonQual Acres 450,292,881 .8504 529,507,151 450,292,881
F1. Commercial Real 111,220,551 .8496 130,909,311 111,220,551
F2. Industrial Real 12,853,800 N/A 12,853,800 12,853,800
G. Oil, Gas, Minerals 18,588,844 N/A 18,588,844 18,588,844
J. Utilities 68,529,070 .7911 86,625,041 68,529,070
L1. Commercial Personal 43,778,850 N/A 43,778,850 43,778,850
L2. Industrial Personal 32,722,080 N/A 32,722,080 32,722,080
M. Other Personal 23,177,640 N/A 23,177,640 23,177,640
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 3,874,650 N/A 3,874,650 3,874,650
S. Special Inventory 2,441,160 N/A 2,441,160 2,441,160
Subtotal 1,287,406,296 1,456,446,790 1,287,406,296
Less Total Deductions 179,042,307   202,329,974 179,042,307
Total Taxable Value 1,108,363,989 1,254,116,816 1,108,363,989 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
1,149,176,145 1,108,363,989 1,149,176,145 1,108,363,989


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
40,812,156 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
1,149,176,145 1,108,363,989 1,149,176,145 1,108,363,989

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.