taxes Property Tax Assistance

2016 ISD Summary Worksheet

095/Hale

095-902/Cotton Center ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 107,058 N/A 107,058 107,058
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 28,916 N/A 28,916 28,916
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 20,646,542 1.0553 19,564,463 20,646,542
D2. Real Prop Farm & Ranch 634,105 N/A 634,105 634,105
E. Real Prop NonQual Acres 10,745,412 .8782 12,235,723 10,745,412
F1. Commercial Real 356,345 N/A 356,345 356,345
F2. Industrial Real 763,767 N/A 763,767 763,767
G. Oil, Gas, Minerals 14,160 N/A 14,160 14,160
J. Utilities 3,260,798 .9367 3,481,155 3,260,798
L1. Commercial Personal 2,215,152 N/A 2,215,152 2,215,152
L2. Industrial Personal 518,071 N/A 518,071 518,071
M. Other Personal 14,097 N/A 14,097 14,097
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 39,304,423 39,933,012 39,304,423
Less Total Deductions 2,678,742   2,678,742 2,678,742
Total Taxable Value 36,625,681 37,254,270 36,625,681 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
37,137,977 36,625,681 37,137,977 36,625,681


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
512,296 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
37,137,977 36,625,681 37,137,977 36,625,681

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