taxes Property Tax Assistance

2016 ISD Summary Worksheet

133/Kerr

133-905/Divide ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 96,869 N/A 96,869 96,869
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 110,000 N/A 110,000 110,000
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,634,099 N/A 10,634,099 10,634,099
D2. Real Prop Farm & Ranch 769,132 N/A 769,132 769,132
E. Real Prop NonQual Acres 45,347,528 N/A 45,347,528 45,347,528
F1. Commercial Real 386,734 N/A 386,734 386,734
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 3,929,096 N/A 3,929,096 3,929,096
L1. Commercial Personal 463,770 N/A 463,770 463,770
L2. Industrial Personal 281,590 N/A 281,590 281,590
M. Other Personal 742,478 N/A 742,478 742,478
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 550,035 N/A 550,035 550,035
S. Special Inventory 0 N/A 0 0
Subtotal 63,311,331 63,311,331 63,311,331
Less Total Deductions 2,589,093   2,589,093 2,589,093
Total Taxable Value 60,722,238 60,722,238 60,722,238 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
61,082,834 60,722,238 61,082,834 60,722,238


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
360,596 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
61,082,834 60,722,238 61,082,834 60,722,238

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