taxes Property Tax Assistance

2016 ISD Summary Worksheet

109/Hill

109-901/Abbott ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 21,766,510 .9696 22,448,958 22,448,958
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 348,960 N/A 348,960 348,960
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,167,850 .6391 12,779,470 12,779,470
D2. Real Prop Farm & Ranch 2,538,630 N/A 2,538,630 2,538,630
E. Real Prop NonQual Acres 24,342,130 .9505 25,609,816 25,609,816
F1. Commercial Real 3,272,920 N/A 3,272,920 3,272,920
F2. Industrial Real 911,790 N/A 911,790 911,790
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 6,910,560 .8777 7,873,488 7,873,488
L1. Commercial Personal 3,217,450 .9602 3,350,812 3,350,812
L2. Industrial Personal 28,776,090 N/A 28,776,090 28,776,090
M. Other Personal 315,600 N/A 315,600 315,600
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 39,580 N/A 39,580 39,580
Subtotal 100,608,070 108,266,114 108,266,114
Less Total Deductions 12,042,115   12,387,633 12,387,633
Total Taxable Value 88,565,955 95,878,481 95,878,481 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
98,650,033 95,878,481 98,650,033 95,878,481


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,771,552 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
98,650,033 95,878,481 98,650,033 95,878,481

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)