taxes Property Tax Assistance

2016 ISD Summary Worksheet

112/Hopkins

112-905/Cumby 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 20,204,450 .9057 22,308,104 20,204,450
B. Multi-Family Residences 42,880 N/A 42,880 42,880
C1. Vacant Lots 86,340 N/A 86,340 86,340
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,958,830 .9736 4,066,089 3,958,830
D2. Real Prop Farm & Ranch 797,960 N/A 797,960 797,960
E. Real Prop NonQual Acres 38,806,830 .8155 47,586,548 38,806,830
F1. Commercial Real 2,520,660 N/A 2,520,660 2,520,660
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 8,418,708 .9325 9,028,105 8,418,708
L1. Commercial Personal 2,724,250 N/A 2,724,250 2,724,250
L2. Industrial Personal 141,570 N/A 141,570 141,570
M. Other Personal 2,136,360 N/A 2,136,360 2,136,360
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 79,838,838 91,438,866 79,838,838
Less Total Deductions 18,307,532   20,238,398 18,307,532
Total Taxable Value 61,531,306 71,200,468 61,531,306 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
65,644,455 61,531,306 65,644,455 61,531,306


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,113,149 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
65,644,455 61,531,306 65,644,455 61,531,306

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.

116/Hunt

112-905/Cumby ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 1,041,880 N/A 1,041,880 1,041,880
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 120,370 N/A 120,370 120,370
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 477,730 N/A 477,730 477,730
D2. Real Prop Farm & Ranch 735,490 N/A 735,490 735,490
E. Real Prop NonQual Acres 7,261,310 N/A 7,261,310 7,261,310
F1. Commercial Real 177,120 N/A 177,120 177,120
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 1,012,310 N/A 1,012,310 1,012,310
L1. Commercial Personal 23,300 N/A 23,300 23,300
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 78,450 N/A 78,450 78,450
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 10,927,960 10,927,960 10,927,960
Less Total Deductions 2,042,623   2,042,623 2,042,623
Total Taxable Value 8,885,337 8,885,337 8,885,337 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
9,272,137 8,885,337 9,272,137 8,885,337


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
386,800 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
9,272,137 8,885,337 9,272,137 8,885,337

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

112-905/Cumby ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 21,246,330 .9099 23,349,984 21,246,330
B. Multi-Family Residences 42,880 N/A 42,880 42,880
C1. Vacant Lots 206,710 N/A 206,710 206,710
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,436,560 .9764 4,543,819 4,436,560
D2. Real Prop Farm & Ranch 1,533,450 N/A 1,533,450 1,533,450
E. Real Prop NonQual Acres 46,068,140 .8399 54,847,858 46,068,140
F1. Commercial Real 2,697,780 N/A 2,697,780 2,697,780
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 9,431,018 .9393 10,040,415 9,431,018
L1. Commercial Personal 2,747,550 N/A 2,747,550 2,747,550
L2. Industrial Personal 141,570 N/A 141,570 141,570
M. Other Personal 2,214,810 N/A 2,214,810 2,214,810
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 90,766,798 102,366,826 90,766,798
Less Total Deductions 20,350,155   22,281,021 20,350,155
Total Taxable Value 70,416,643 80,085,805 70,416,643 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