taxes Property Tax Assistance

2016 ISD Summary Worksheet

113/Houston

113-905/Latexo ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 67,583,590 .9840 68,682,510 67,583,590
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 2,591,090 N/A 2,591,090 2,591,090
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,112,520 .9903 8,192,266 8,112,520
D2. Real Prop Farm & Ranch 5,364,430 N/A 5,364,430 5,364,430
E. Real Prop NonQual Acres 35,012,780 .8996 38,920,387 35,012,780
F1. Commercial Real 2,576,660 N/A 2,576,660 2,576,660
F2. Industrial Real 2,819,080 N/A 2,819,080 2,819,080
G. Oil, Gas, Minerals 59,480 N/A 59,480 59,480
J. Utilities 20,097,600 .9365 21,460,331 20,097,600
L1. Commercial Personal 1,629,910 N/A 1,629,910 1,629,910
L2. Industrial Personal 21,352,960 N/A 21,352,960 21,352,960
M. Other Personal 3,626,070 N/A 3,626,070 3,626,070
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 10,970 N/A 10,970 10,970
Subtotal 170,837,140 177,286,144 170,837,140
Less Total Deductions 24,658,078   24,978,451 24,658,078
Total Taxable Value 146,179,062 152,307,693 146,179,062 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
151,998,342 146,179,062 151,998,342 146,179,062


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,819,280 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
151,998,342 146,179,062 151,998,342 146,179,062

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