taxes Property Tax Assistance

2016 ISD Summary Worksheet

079/Fort Bend

079-906/Needville ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 614,361,490 .9479 648,129,011 614,361,490
B. Multi-Family Residences 3,139,618 N/A 3,139,618 3,139,618
C1. Vacant Lots 24,563,980 N/A 24,563,980 24,563,980
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 22,078,440 1.0032 22,007,846 22,078,440
D2. Real Prop Farm & Ranch 0 N/A 0 0
E. Real Prop NonQual Acres 152,135,308 .9673 157,278,309 152,135,308
F1. Commercial Real 35,176,236 N/A 35,176,236 35,176,236
F2. Industrial Real 1,300,470 N/A 1,300,470 1,300,470
G. Oil, Gas, Minerals 1,120,530 N/A 1,120,530 1,120,530
J. Utilities 61,045,600 .9091 67,149,489 61,045,600
L1. Commercial Personal 13,408,115 N/A 13,408,115 13,408,115
L2. Industrial Personal 16,692,170 N/A 16,692,170 16,692,170
M. Other Personal 14,194,560 N/A 14,194,560 14,194,560
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 4,302,720 N/A 4,302,720 4,302,720
S. Special Inventory 42,110 N/A 42,110 42,110
Subtotal 963,561,347 1,008,505,164 963,561,347
Less Total Deductions 169,753,443   178,925,966 169,753,443
Total Taxable Value 793,807,904 829,579,198 793,807,904 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
824,636,984 793,807,904 824,636,984 793,807,904


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
30,829,080 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
824,636,984 793,807,904 824,636,984 793,807,904

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