taxes Property Tax Assistance

2016 ISD Summary Worksheet

068/Ector

068-901/Ector County ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 5,253,275,848 .9843 5,337,067,813 5,253,275,848
B. Multi-Family Residences 371,744,689 .9679 384,073,447 371,744,689
C1. Vacant Lots 164,857,419 N/A 164,857,419 164,857,419
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,338,152 1.5341 2,176,027 3,338,152
D2. Real Prop Farm & Ranch 7,966,316 N/A 7,966,316 7,966,316
E. Real Prop NonQual Acres 67,945,225 N/A 67,945,225 67,945,225
F1. Commercial Real 1,955,628,168 .9107 2,147,390,104 1,955,628,168
F2. Industrial Real 661,827,505 N/A 661,827,505 661,827,505
G. Oil, Gas, Minerals 1,652,677,415 1.0255 1,611,582,072 1,652,677,415
J. Utilities 374,931,588 .9091 412,420,623 374,931,588
L1. Commercial Personal 3,010,779,136 1.0092 2,983,332,477 3,010,779,136
L2. Industrial Personal 120,487,004 N/A 120,487,004 120,487,004
M. Other Personal 271,667,787 N/A 271,667,787 271,667,787
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 11,390,196 N/A 11,390,196 11,390,196
S. Special Inventory 80,092,826 N/A 80,092,826 80,092,826
Subtotal 14,008,609,274 14,264,276,841 14,008,609,274
Less Total Deductions 1,680,064,394   1,699,156,492 1,680,064,394
Total Taxable Value 12,328,544,880 12,565,120,349 12,328,544,880 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
12,585,471,099 12,328,544,880 12,201,318,857 11,944,392,638


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
256,926,219 384,152,242


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
12,585,471,099 12,328,544,880 12,201,318,857 11,944,392,638

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