taxes Property Tax Assistance

2016 ISD Summary Worksheet

114/Howard

114-904/Forsan ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 82,208,324 N/A 82,208,324 82,208,324
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 3,338,567 N/A 3,338,567 3,338,567
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,899,743 N/A 3,899,743 3,899,743
D2. Real Prop Farm & Ranch 210,960 N/A 210,960 210,960
E. Real Prop NonQual Acres 38,222,978 N/A 38,222,978 38,222,978
F1. Commercial Real 5,991,741 N/A 5,991,741 5,991,741
F2. Industrial Real 150,681,210 N/A 150,681,210 150,681,210
G. Oil, Gas, Minerals 121,770,829 N/A 121,770,829 121,770,829
J. Utilities 61,725,318 N/A 61,725,318 61,725,318
L1. Commercial Personal 3,909,492 N/A 3,909,492 3,909,492
L2. Industrial Personal 16,957,270 N/A 16,957,270 16,957,270
M. Other Personal 2,356,215 N/A 2,356,215 2,356,215
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 608,520 N/A 608,520 608,520
S. Special Inventory 0 N/A 0 0
Subtotal 491,881,167 491,881,167 491,881,167
Less Total Deductions 153,489,340   153,489,340 153,489,340
Total Taxable Value 338,391,827 338,391,827 338,391,827 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
343,661,255 338,391,827 336,973,133 331,703,705


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,269,428 6,688,122


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
460,761,375 455,491,947 454,073,253 448,803,825

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

168/Mitchell

114-904/Forsan ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 0 N/A 0 0
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) 961,359 N/A 961,359 961,359
D2. Real Prop Farm & Ranch 53,551 N/A 53,551 53,551
E. Real Prop NonQual Acres 113,140 N/A 113,140 113,140
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 168,920 N/A 168,920 168,920
J. Utilities 1,634,640 N/A 1,634,640 1,634,640
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 16,530 N/A 16,530 16,530
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 2,948,140 2,948,140 2,948,140
Less Total Deductions 0   0 0
Total Taxable Value 2,948,140 2,948,140 2,948,140 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
2,948,140 2,948,140 2,948,140 2,948,140


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 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
2,948,140 2,948,140 2,948,140 2,948,140

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

114-904/Forsan ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 82,208,324 N/A 82,208,324 82,208,324
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 3,338,567 N/A 3,338,567 3,338,567
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,861,102 N/A 4,861,102 4,861,102
D2. Real Prop Farm & Ranch 264,511 N/A 264,511 264,511
E. Real Prop NonQual Acres 38,336,118 N/A 38,336,118 38,336,118
F1. Commercial Real 5,991,741 N/A 5,991,741 5,991,741
F2. Industrial Real 150,681,210 N/A 150,681,210 150,681,210
G. Oil, Gas, Minerals 121,939,749 N/A 121,939,749 121,939,749
J. Utilities 63,359,958 N/A 63,359,958 63,359,958
L1. Commercial Personal 3,909,492 N/A 3,909,492 3,909,492
L2. Industrial Personal 16,957,270 N/A 16,957,270 16,957,270
M. Other Personal 2,372,745 N/A 2,372,745 2,372,745
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 608,520 N/A 608,520 608,520
S. Special Inventory 0 N/A 0 0
Subtotal 494,829,307 494,829,307 494,829,307
Less Total Deductions 153,489,340   153,489,340 153,489,340
Total Taxable Value 341,339,967 341,339,967 341,339,967 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