taxes Property Tax Assistance

2016 ISD Summary Worksheet

060/Delta

139-905/Chisum ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 1,381,810 N/A 1,381,810 1,381,810
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 27,900 N/A 27,900 27,900
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 826,640 N/A 826,640 826,640
D2. Real Prop Farm & Ranch 183,840 N/A 183,840 183,840
E. Real Prop NonQual Acres 1,590,190 N/A 1,590,190 1,590,190
F1. Commercial Real 32,900 N/A 32,900 32,900
F2. Industrial Real 3,647,030 N/A 3,647,030 3,647,030
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 9,558,590 N/A 9,558,590 9,558,590
L1. Commercial Personal 10,500 N/A 10,500 10,500
L2. Industrial Personal 2,857,000 N/A 2,857,000 2,857,000
M. Other Personal 0 N/A 0 0
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 20,116,400 20,116,400 20,116,400
Less Total Deductions 933,179   933,179 933,179
Total Taxable Value 19,183,221 19,183,221 19,183,221 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
19,466,177 19,183,221 19,466,177 19,183,221


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
282,956 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
19,466,177 19,183,221 19,466,177 19,183,221

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

139/Lamar

139-905/Chisum ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 48,592,380 .9853 49,317,345 48,592,380
B. Multi-Family Residences 678,470 N/A 678,470 678,470
C1. Vacant Lots 2,922,430 N/A 2,922,430 2,922,430
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,109,376 .7852 14,148,422 11,109,376
D2. Real Prop Farm & Ranch 3,368,430 N/A 3,368,430 3,368,430
E. Real Prop NonQual Acres 77,201,958 .8459 91,266,057 77,201,958
F1. Commercial Real 14,380,081 N/A 14,380,081 14,380,081
F2. Industrial Real 481,719,080 N/A 481,719,080 481,719,080
G. Oil, Gas, Minerals 2,860 N/A 2,860 2,860
J. Utilities 120,838,010 .9426 128,196,488 120,838,010
L1. Commercial Personal 14,860,790 N/A 14,860,790 14,860,790
L2. Industrial Personal 315,994,280 N/A 315,994,280 315,994,280
M. Other Personal 1,386,700 N/A 1,386,700 1,386,700
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 95,410 N/A 95,410 95,410
S. Special Inventory 225,690 N/A 225,690 225,690
Subtotal 1,093,375,945 1,118,562,533 1,093,375,945
Less Total Deductions 150,911,153   151,335,008 150,911,153
Total Taxable Value 942,464,792 967,227,525 942,464,792 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
950,986,991 942,464,792 950,986,991 942,464,792


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,522,199 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
950,986,991 942,464,792 950,986,991 942,464,792

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 your school district is in year one of the grace period.

139-905/Chisum ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 49,974,190 .9857 50,699,155 49,974,190
B. Multi-Family Residences 678,470 N/A 678,470 678,470
C1. Vacant Lots 2,950,330 N/A 2,950,330 2,950,330
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,936,016 .7971 14,975,062 11,936,016
D2. Real Prop Farm & Ranch 3,552,270 N/A 3,552,270 3,552,270
E. Real Prop NonQual Acres 78,792,148 .8485 92,856,247 78,792,148
F1. Commercial Real 14,412,981 N/A 14,412,981 14,412,981
F2. Industrial Real 485,366,110 N/A 485,366,110 485,366,110
G. Oil, Gas, Minerals 2,860 N/A 2,860 2,860
J. Utilities 130,396,600 .9466 137,755,078 130,396,600
L1. Commercial Personal 14,871,290 N/A 14,871,290 14,871,290
L2. Industrial Personal 318,851,280 N/A 318,851,280 318,851,280
M. Other Personal 1,386,700 N/A 1,386,700 1,386,700
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 95,410 N/A 95,410 95,410
S. Special Inventory 225,690 N/A 225,690 225,690
Subtotal 1,113,492,345 1,138,678,933 1,113,492,345
Less Total Deductions 151,844,332   152,268,187 151,844,332
Total Taxable Value 961,648,013 986,410,746 961,648,013 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