taxes Property Tax Assistance

2016 ISD Summary Worksheet

035/Castro

035-903/Nazareth ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 20,534,770 N/A 20,534,770 20,534,770
B. Multi-Family Residences 524,810 N/A 524,810 524,810
C1. Vacant Lots 167,870 N/A 167,870 167,870
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,030,610 N/A 8,030,610 8,030,610
D2. Real Prop Farm & Ranch 1,483,940 N/A 1,483,940 1,483,940
E. Real Prop NonQual Acres 6,482,630 N/A 6,482,630 6,482,630
F1. Commercial Real 1,099,510 N/A 1,099,510 1,099,510
F2. Industrial Real 66,360 N/A 66,360 66,360
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 22,794,640 N/A 22,794,640 22,794,640
L1. Commercial Personal 1,160,530 N/A 1,160,530 1,160,530
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 261,110 N/A 261,110 261,110
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 5,180 N/A 5,180 5,180
Subtotal 62,611,960 62,611,960 62,611,960
Less Total Deductions 7,457,258   7,457,258 7,457,258
Total Taxable Value 55,154,702 55,154,702 55,154,702 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
56,912,652 55,154,702 56,912,652 55,154,702


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,757,950 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
56,912,652 55,154,702 56,912,652 55,154,702

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