taxes Property Tax Assistance

2016 ISD Summary Worksheet

035/Castro

035-901/Dimmitt ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 77,293,550 N/A 77,293,550 77,293,550
B. Multi-Family Residences 1,607,550 N/A 1,607,550 1,607,550
C1. Vacant Lots 1,054,900 N/A 1,054,900 1,054,900
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 56,389,570 N/A 56,389,570 56,389,570
D2. Real Prop Farm & Ranch 12,106,590 N/A 12,106,590 12,106,590
E. Real Prop NonQual Acres 14,877,830 N/A 14,877,830 14,877,830
F1. Commercial Real 15,098,890 N/A 15,098,890 15,098,890
F2. Industrial Real 360,042,160 N/A 360,042,160 360,042,160
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 24,889,040 N/A 24,889,040 24,889,040
L1. Commercial Personal 14,005,070 N/A 14,005,070 14,005,070
L2. Industrial Personal 11,442,310 N/A 11,442,310 11,442,310
M. Other Personal 409,200 N/A 409,200 409,200
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 1,607,540 N/A 1,607,540 1,607,540
Subtotal 590,824,200 590,824,200 590,824,200
Less Total Deductions 345,199,388   345,199,388 345,199,388
Total Taxable Value 245,624,812 245,624,812 245,624,812 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
253,204,562 245,624,812 253,204,562 245,624,812


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,579,750 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
568,011,982 560,432,232 568,011,982 560,432,232

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