taxes Property Tax Assistance

2016 ISD Summary Worksheet

104/Haskell

138-902/Knox City-O'Brien CISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 1,673,250 .7741 2,161,542 1,673,250
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 84,800 N/A 84,800 84,800
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,251,860 1.3164 4,749,161 6,251,860
D2. Real Prop Farm & Ranch 273,450 N/A 273,450 273,450
E. Real Prop NonQual Acres 751,010 N/A 751,010 751,010
F1. Commercial Real 55,420 N/A 55,420 55,420
F2. Industrial Real 163,520 N/A 163,520 163,520
G. Oil, Gas, Minerals 4,396,850 .9819 4,477,900 4,396,850
J. Utilities 2,571,630 .8418 3,054,918 2,571,630
L1. Commercial Personal 639,640 N/A 639,640 639,640
L2. Industrial Personal 937,080 N/A 937,080 937,080
M. Other Personal 48,080 N/A 48,080 48,080
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 17,846,590 17,396,521 17,846,590
Less Total Deductions 1,019,514   1,160,006 1,019,514
Total Taxable Value 16,827,076 16,236,515 16,827,076 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
16,974,146 16,827,076 16,974,146 16,827,076


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
147,070 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
16,974,146 16,827,076 16,974,146 16,827,076

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 local value is greater than PTAD value.

138/Knox

138-902/Knox City-O'Brien CISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 16,793,490 N/A 16,793,490 16,793,490
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 287,460 N/A 287,460 287,460
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,125,410 N/A 7,125,410 7,125,410
D2. Real Prop Farm & Ranch 327,620 N/A 327,620 327,620
E. Real Prop NonQual Acres 6,998,890 N/A 6,998,890 6,998,890
F1. Commercial Real 2,362,440 N/A 2,362,440 2,362,440
F2. Industrial Real 2,155,390 N/A 2,155,390 2,155,390
G. Oil, Gas, Minerals 7,881,470 N/A 7,881,470 7,881,470
J. Utilities 4,230,210 N/A 4,230,210 4,230,210
L1. Commercial Personal 3,656,950 N/A 3,656,950 3,656,950
L2. Industrial Personal 15,926,960 N/A 15,926,960 15,926,960
M. Other Personal 6,430 N/A 6,430 6,430
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 67,752,720 67,752,720 67,752,720
Less Total Deductions 11,011,295   11,011,295 11,011,295
Total Taxable Value 56,741,425 56,741,425 56,741,425 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
59,496,445 56,741,425 59,496,445 56,741,425


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,755,020 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
59,496,445 56,741,425 59,496,445 56,741,425

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

138-902/Knox City-O'Brien CISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 18,466,740 .9742 18,955,032 18,466,740
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 372,260 N/A 372,260 372,260
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 13,377,270 1.1265 11,874,571 13,377,270
D2. Real Prop Farm & Ranch 601,070 N/A 601,070 601,070
E. Real Prop NonQual Acres 7,749,900 N/A 7,749,900 7,749,900
F1. Commercial Real 2,417,860 N/A 2,417,860 2,417,860
F2. Industrial Real 2,318,910 N/A 2,318,910 2,318,910
G. Oil, Gas, Minerals 12,278,320 .9934 12,359,370 12,278,320
J. Utilities 6,801,840 .9337 7,285,128 6,801,840
L1. Commercial Personal 4,296,590 N/A 4,296,590 4,296,590
L2. Industrial Personal 16,864,040 N/A 16,864,040 16,864,040
M. Other Personal 54,510 N/A 54,510 54,510
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 85,599,310 85,149,241 85,599,310
Less Total Deductions 12,030,809   12,171,301 12,030,809
Total Taxable Value 73,568,501 72,977,940 73,568,501 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