taxes Property Tax Assistance

2016 ISD Summary Worksheet

030/Callahan

030-903/Baird 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 37,333,900 .8904 41,929,358 37,333,900
B. Multi-Family Residences 225,820 N/A 225,820 225,820
C1. Vacant Lots 696,910 N/A 696,910 696,910
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,193,430 1.2257 9,132,260 11,193,430
D2. Real Prop Farm & Ranch 3,131,980 N/A 3,131,980 3,131,980
E. Real Prop NonQual Acres 38,315,660 .7830 48,934,432 38,315,660
F1. Commercial Real 9,777,670 .9683 10,097,769 9,777,670
F2. Industrial Real 968,980 N/A 968,980 968,980
G. Oil, Gas, Minerals 2,263,330 N/A 2,263,330 2,263,330
J. Utilities 76,836,350 .8551 89,856,566 76,836,350
L1. Commercial Personal 5,004,850 N/A 5,004,850 5,004,850
L2. Industrial Personal 11,523,910 N/A 11,523,910 11,523,910
M. Other Personal 1,890,550 N/A 1,890,550 1,890,550
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 4,524,680 N/A 4,524,680 4,524,680
Subtotal 203,688,020 230,181,395 203,688,020
Less Total Deductions 24,817,140   27,481,994 24,817,140
Total Taxable Value 178,870,880 202,699,401 178,870,880 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
184,452,300 178,870,880 184,452,300 178,870,880


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,581,420 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
184,452,300 178,870,880 184,452,300 178,870,880

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.