taxes Property Tax Assistance

2016 ISD Summary Worksheet

034/Cass

034-906/McLeod ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 8,074,230 N/A 8,074,230 8,074,230
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 17,480 N/A 17,480 17,480
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,495,524 N/A 3,495,524 3,495,524
D2. Real Prop Farm & Ranch 571,180 N/A 571,180 571,180
E. Real Prop NonQual Acres 17,154,800 N/A 17,154,800 17,154,800
F1. Commercial Real 348,640 N/A 348,640 348,640
F2. Industrial Real 24,000 N/A 24,000 24,000
G. Oil, Gas, Minerals 3,911,958 N/A 3,911,958 3,911,958
J. Utilities 1,475,580 N/A 1,475,580 1,475,580
L1. Commercial Personal 93,929 N/A 93,929 93,929
L2. Industrial Personal 38,640 N/A 38,640 38,640
M. Other Personal 1,427,060 N/A 1,427,060 1,427,060
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 36,633,021 36,633,021 36,633,021
Less Total Deductions 9,642,148   9,642,148 9,642,148
Total Taxable Value 26,990,873 26,990,873 26,990,873 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
28,879,006 26,990,873 28,879,006 26,990,873


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,888,133 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
28,879,006 26,990,873 28,879,006 26,990,873

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