taxes Property Tax Assistance

2016 ISD Summary Worksheet

112/Hopkins

112-907/Miller Grove ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 11,737,630 .9191 12,770,787 11,737,630
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,395,220 .9793 4,487,904 4,395,220
D2. Real Prop Farm & Ranch 1,603,280 N/A 1,603,280 1,603,280
E. Real Prop NonQual Acres 42,613,240 .8888 47,944,689 42,613,240
F1. Commercial Real 619,930 N/A 619,930 619,930
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 1,828,156 N/A 1,828,156 1,828,156
L1. Commercial Personal 1,035,880 N/A 1,035,880 1,035,880
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 1,543,300 N/A 1,543,300 1,543,300
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 65,376,636 71,833,926 65,376,636
Less Total Deductions 13,871,593   15,208,803 13,871,593
Total Taxable Value 51,505,043 56,625,123 51,505,043 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
54,762,044 51,505,043 54,762,044 51,505,043


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,257,001 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
54,762,044 51,505,043 54,762,044 51,505,043

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 invalid, but local value was certified because your school district is in year one of the grace period.

190/Rains

112-907/Miller Grove ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 337,290 N/A 337,290 337,290
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 766 N/A 766 766
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 206,268 N/A 206,268 206,268
D2. Real Prop Farm & Ranch 200,560 N/A 200,560 200,560
E. Real Prop NonQual Acres 1,265,346 N/A 1,265,346 1,265,346
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 159,488 N/A 159,488 159,488
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 29,374 N/A 29,374 29,374
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 2,199,092 2,199,092 2,199,092
Less Total Deductions 316,943   316,943 316,943
Total Taxable Value 1,882,149 1,882,149 1,882,149 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
1,960,122 1,882,149 1,960,122 1,882,149


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
77,973 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
1,960,122 1,882,149 1,960,122 1,882,149

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

112-907/Miller Grove ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 12,074,920 .9212 13,108,077 12,074,920
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 766 N/A 766 766
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,601,488 .9803 4,694,172 4,601,488
D2. Real Prop Farm & Ranch 1,803,840 N/A 1,803,840 1,803,840
E. Real Prop NonQual Acres 43,878,586 .8917 49,210,035 43,878,586
F1. Commercial Real 619,930 N/A 619,930 619,930
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 1,987,644 N/A 1,987,644 1,987,644
L1. Commercial Personal 1,035,880 N/A 1,035,880 1,035,880
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 1,572,674 N/A 1,572,674 1,572,674
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 67,575,728 74,033,018 67,575,728
Less Total Deductions 14,188,536   15,525,746 14,188,536
Total Taxable Value 53,387,192 58,507,272 53,387,192 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