taxes Property Tax Assistance

2016 ISD Summary Worksheet

107/Henderson

107-907/Trinidad ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 14,852,920 .9863 15,059,231 15,059,231
B. Multi-Family Residences 130,270 N/A 130,270 130,270
C1. Vacant Lots 500,640 N/A 500,640 500,640
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 687,820 1.1701 587,829 587,829
D2. Real Prop Farm & Ranch 32,620 N/A 32,620 32,620
E. Real Prop NonQual Acres 2,299,890 1.0008 2,298,052 2,298,052
F1. Commercial Real 2,092,770 N/A 2,092,770 2,092,770
F2. Industrial Real 3,828,840 N/A 3,828,840 3,828,840
G. Oil, Gas, Minerals 245,498 N/A 245,498 245,498
J. Utilities 26,185,450 .8957 29,234,621 29,234,621
L1. Commercial Personal 652,488 N/A 652,488 652,488
L2. Industrial Personal 13,889,500 N/A 13,889,500 13,889,500
M. Other Personal 219,710 N/A 219,710 219,710
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 65,618,416 68,772,069 68,772,069
Less Total Deductions 20,497,003   20,564,029 20,564,029
Total Taxable Value 45,121,413 48,208,040 48,208,040 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
49,899,246 48,208,040 49,000,974 47,309,768


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,691,206 898,272


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
49,899,246 48,208,040 49,000,974 47,309,768

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 taxable value to be invalid, and state value was certified because your local value:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)