taxes Property Tax Assistance

2016 ISD Summary Worksheet

035/Castro

140-907/Springlake-Earth ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 500,170 N/A 500,170 500,170
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 3,380 N/A 3,380 3,380
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 13,348,060 N/A 13,348,060 13,348,060
D2. Real Prop Farm & Ranch 2,439,510 N/A 2,439,510 2,439,510
E. Real Prop NonQual Acres 2,535,170 N/A 2,535,170 2,535,170
F1. Commercial Real 92,510 N/A 92,510 92,510
F2. Industrial Real 7,000,270 N/A 7,000,270 7,000,270
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 2,530,650 N/A 2,530,650 2,530,650
L1. Commercial Personal 48,600 N/A 48,600 48,600
L2. Industrial Personal 379,910 N/A 379,910 379,910
M. Other Personal 43,010 N/A 43,010 43,010
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 28,921,240 28,921,240 28,921,240
Less Total Deductions 635,567   635,567 635,567
Total Taxable Value 28,285,673 28,285,673 28,285,673 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
28,433,423 28,285,673 28,433,423 28,285,673


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
147,750 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
28,433,423 28,285,673 28,433,423 28,285,673

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

140/Lamb

140-907/Springlake-Earth ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 15,709,291 .7828 20,068,077 20,068,077
B. Multi-Family Residences 17,790 N/A 17,790 17,790
C1. Vacant Lots 209,540 N/A 209,540 209,540
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 16,780,396 .8846 18,969,238 18,969,238
D2. Real Prop Farm & Ranch 1,053,841 N/A 1,053,841 1,053,841
E. Real Prop NonQual Acres 8,103,197 .7309 11,086,601 11,086,601
F1. Commercial Real 1,948,200 N/A 1,948,200 1,948,200
F2. Industrial Real 1,815,190 N/A 1,815,190 1,815,190
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 7,043,220 N/A 7,043,220 7,043,220
L1. Commercial Personal 1,778,000 N/A 1,778,000 1,778,000
L2. Industrial Personal 2,139,750 N/A 2,139,750 2,139,750
M. Other Personal 89,330 N/A 89,330 89,330
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 56,687,745 66,218,777 66,218,777
Less Total Deductions 7,739,217   9,012,943 9,012,943
Total Taxable Value 48,948,528 57,205,834 57,205,834 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
59,050,511 57,205,834 59,050,511 57,205,834


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,844,677 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
59,050,511 57,205,834 59,050,511 57,205,834

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)

140-907/Springlake-Earth ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 16,209,461 .7881 20,568,247 20,568,247
B. Multi-Family Residences 17,790 N/A 17,790 17,790
C1. Vacant Lots 212,920 N/A 212,920 212,920
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 30,128,456 .9323 32,317,298 32,317,298
D2. Real Prop Farm & Ranch 3,493,351 N/A 3,493,351 3,493,351
E. Real Prop NonQual Acres 10,638,367 .7810 13,621,771 13,621,771
F1. Commercial Real 2,040,710 N/A 2,040,710 2,040,710
F2. Industrial Real 8,815,460 N/A 8,815,460 8,815,460
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 9,573,870 N/A 9,573,870 9,573,870
L1. Commercial Personal 1,826,600 N/A 1,826,600 1,826,600
L2. Industrial Personal 2,519,660 N/A 2,519,660 2,519,660
M. Other Personal 132,340 N/A 132,340 132,340
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 85,608,985 95,140,017 95,140,017
Less Total Deductions 8,374,784   9,648,510 9,648,510
Total Taxable Value 77,234,201 85,491,507 85,491,507 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