taxes Property Tax Assistance

2016 ISD Summary Worksheet

057/Dallas

057-906/DeSoto ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 2,432,363,700 .9762 2,491,665,335 2,432,363,700
B. Multi-Family Residences 195,224,360 .8619 226,504,653 195,224,360
C1. Vacant Lots 60,535,880 N/A 60,535,880 60,535,880
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 243,914 .9147 266,662 243,914
D2. Real Prop Farm & Ranch 185,710 N/A 185,710 185,710
E. Real Prop NonQual Acres 915,730 N/A 915,730 915,730
F1. Commercial Real 249,152,610 .9138 272,655,515 249,152,610
F2. Industrial Real 3,280,640 N/A 3,280,640 3,280,640
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 57,346,310 N/A 57,346,310 57,346,310
L1. Commercial Personal 69,651,630 N/A 69,651,630 69,651,630
L2. Industrial Personal 2,431,360 N/A 2,431,360 2,431,360
M. Other Personal 10,914,500 N/A 10,914,500 10,914,500
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 318,930 N/A 318,930 318,930
S. Special Inventory 12,206,510 N/A 12,206,510 12,206,510
Subtotal 3,094,771,784 3,208,879,365 3,094,771,784
Less Total Deductions 608,431,544   624,070,872 608,431,544
Total Taxable Value 2,486,340,240 2,584,808,493 2,486,340,240 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
2,600,356,234 2,486,340,240 2,600,356,234 2,486,340,240


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
114,015,994 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
2,600,356,234 2,486,340,240 2,600,356,234 2,486,340,240

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