taxes Property Tax Assistance

2016 ISD Summary Worksheet

118/Irion

118-902/Irion County ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 49,528,180 N/A 49,528,180 49,528,180
B. Multi-Family Residences 136,360 N/A 136,360 136,360
C1. Vacant Lots 4,315,080 N/A 4,315,080 4,315,080
C2. Colonia Lots 16,180 N/A 16,180 16,180
D1. Rural Real(Taxable) 16,266,210 .6545 24,853,478 16,266,210
D2. Real Prop Farm & Ranch 7,744,270 N/A 7,744,270 7,744,270
E. Real Prop NonQual Acres 19,162,340 N/A 19,162,340 19,162,340
F1. Commercial Real 5,639,410 N/A 5,639,410 5,639,410
F2. Industrial Real 41,305,580 N/A 41,305,580 41,305,580
G. Oil, Gas, Minerals 537,716,540 1.0166 528,936,199 537,716,540
J. Utilities 176,011,920 .8735 201,501,912 176,011,920
L1. Commercial Personal 12,587,700 N/A 12,587,700 12,587,700
L2. Industrial Personal 148,806,890 N/A 148,806,890 148,806,890
M. Other Personal 3,452,810 N/A 3,452,810 3,452,810
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 1,022,689,470 1,047,986,389 1,022,689,470
Less Total Deductions 20,027,547   20,027,547 20,027,547
Total Taxable Value 1,002,661,923 1,027,958,842 1,002,661,923 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
1,005,941,213 1,002,661,923 1,005,941,213 1,002,661,923


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,279,290 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
1,005,941,213 1,002,661,923 1,005,941,213 1,002,661,923

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