taxes Property Tax Assistance

2016 ISD Summary Worksheet

128/Karnes

128-903/Runge ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 17,591,018 N/A 17,591,018 17,591,018
B. Multi-Family Residences 402,512 N/A 402,512 402,512
C1. Vacant Lots 832,081 N/A 832,081 832,081
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,887,140 1.0571 3,677,197 3,887,140
D2. Real Prop Farm & Ranch 2,721,202 N/A 2,721,202 2,721,202
E. Real Prop NonQual Acres 18,170,077 N/A 18,170,077 18,170,077
F1. Commercial Real 2,611,877 N/A 2,611,877 2,611,877
F2. Industrial Real 3,178,160 N/A 3,178,160 3,178,160
G. Oil, Gas, Minerals 184,275,680 .9901 186,118,251 184,275,680
J. Utilities 48,807,660 .8703 56,081,420 48,807,660
L1. Commercial Personal 3,445,063 N/A 3,445,063 3,445,063
L2. Industrial Personal 37,440,640 N/A 37,440,640 37,440,640
M. Other Personal 2,471,126 N/A 2,471,126 2,471,126
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 325,834,236 334,740,624 325,834,236
Less Total Deductions 11,514,029   11,514,029 11,514,029
Total Taxable Value 314,320,207 323,226,595 314,320,207 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
316,453,020 314,320,207 316,453,020 314,320,207


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,132,813 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
316,453,020 314,320,207 316,453,020 314,320,207

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