taxes Property Tax Assistance

2016 ISD Summary Worksheet

125/Jim Wells

125-902/Ben Bolt-Palito Blanco ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 7,052,988 .7629 9,244,971 9,244,971
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,079,295 N/A 1,079,295 1,079,295
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,165,246 .9060 9,012,189 9,012,189
D2. Real Prop Farm & Ranch 739,643 N/A 739,643 739,643
E. Real Prop NonQual Acres 51,918,541 .7898 65,736,314 65,736,314
F1. Commercial Real 611,822 N/A 611,822 611,822
F2. Industrial Real 1,308,269 N/A 1,308,269 1,308,269
G. Oil, Gas, Minerals 330,240 N/A 330,240 330,240
J. Utilities 14,191,511 .8381 16,932,957 16,932,957
L1. Commercial Personal 2,203,957 N/A 2,203,957 2,203,957
L2. Industrial Personal 2,351,560 N/A 2,351,560 2,351,560
M. Other Personal 2,896,971 N/A 2,896,971 2,896,971
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 16,590 N/A 16,590 16,590
Subtotal 92,866,633 112,464,778 112,464,778
Less Total Deductions 15,883,585   19,626,991 19,626,991
Total Taxable Value 76,983,048 92,837,787 92,837,787 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
96,348,304 92,837,787 96,348,304 92,837,787


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,510,517 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
96,348,304 92,837,787 96,348,304 92,837,787

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 taxable value to be invalid, and state value was certified because your local value:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)