taxes Property Tax Assistance

2016 ISD Summary Worksheet

145/Leon

145-902/Centerville ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 41,848,240 .9165 45,660,927 45,660,927
B. Multi-Family Residences 784,630 N/A 784,630 784,630
C1. Vacant Lots 2,546,570 N/A 2,546,570 2,546,570
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,751,030 1.2390 10,291,341 10,291,341
D2. Real Prop Farm & Ranch 9,449,510 N/A 9,449,510 9,449,510
E. Real Prop NonQual Acres 169,980,710 .9061 187,595,972 187,595,972
F1. Commercial Real 15,079,920 N/A 15,079,920 15,079,920
F2. Industrial Real 193,700 N/A 193,700 193,700
G. Oil, Gas, Minerals 35,895,120 .9861 36,401,095 36,401,095
J. Utilities 46,747,720 .9245 50,565,408 50,565,408
L1. Commercial Personal 15,316,030 N/A 15,316,030 15,316,030
L2. Industrial Personal 23,169,600 N/A 23,169,600 23,169,600
M. Other Personal 6,557,980 N/A 6,557,980 6,557,980
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 380,320,760 403,612,683 403,612,683
Less Total Deductions 69,192,212   74,563,233 74,563,233
Total Taxable Value 311,128,548 329,049,450 329,049,450 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
340,023,280 329,049,450 334,610,715 323,636,885


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,973,830 5,412,565


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
340,023,280 329,049,450 334,610,715 323,636,885

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)