taxes Property Tax Assistance

2016 ISD Summary Worksheet

081/Freestone

145-907/Oakwood ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 1,592,398 N/A 1,592,398 1,592,398
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 107,635 N/A 107,635 107,635
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,148,799 N/A 2,148,799 2,148,799
D2. Real Prop Farm & Ranch 3,936,436 N/A 3,936,436 3,936,436
E. Real Prop NonQual Acres 17,116,403 N/A 17,116,403 17,116,403
F1. Commercial Real 220,923 N/A 220,923 220,923
F2. Industrial Real 26,298,960 N/A 26,298,960 26,298,960
G. Oil, Gas, Minerals 1,797,020 N/A 1,797,020 1,797,020
J. Utilities 6,161,578 N/A 6,161,578 6,161,578
L1. Commercial Personal 694,073 N/A 694,073 694,073
L2. Industrial Personal 10,314,990 N/A 10,314,990 10,314,990
M. Other Personal 1,091,917 N/A 1,091,917 1,091,917
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 71,481,132 71,481,132 71,481,132
Less Total Deductions 3,178,539   3,178,539 3,178,539
Total Taxable Value 68,302,593 68,302,593 68,302,593 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
68,802,606 68,302,593 68,802,606 68,302,593


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
500,013 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
68,802,606 68,302,593 68,802,606 68,302,593

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

145/Leon

145-907/Oakwood ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 12,201,560 .8046 15,164,753 15,164,753
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 752,610 N/A 752,610 752,610
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,107,730 1.3294 3,089,886 3,089,886
D2. Real Prop Farm & Ranch 1,555,360 N/A 1,555,360 1,555,360
E. Real Prop NonQual Acres 22,296,390 .8959 24,887,141 24,887,141
F1. Commercial Real 1,017,830 N/A 1,017,830 1,017,830
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 1,162,860 1.0032 1,159,151 1,159,151
J. Utilities 8,798,360 .9716 9,055,537 9,055,537
L1. Commercial Personal 1,315,740 N/A 1,315,740 1,315,740
L2. Industrial Personal 900,720 N/A 900,720 900,720
M. Other Personal 1,519,670 N/A 1,519,670 1,519,670
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 55,628,830 60,418,398 60,418,398
Less Total Deductions 9,055,812   11,080,899 11,080,899
Total Taxable Value 46,573,018 49,337,499 49,337,499 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
50,950,729 49,337,499 50,950,729 49,337,499


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,613,230 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
50,950,729 49,337,499 50,950,729 49,337,499

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)

145-907/Oakwood ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 13,793,958 .8232 16,757,151 16,757,151
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 860,245 N/A 860,245 860,245
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,256,529 1.1943 5,238,685 5,238,685
D2. Real Prop Farm & Ranch 5,491,796 N/A 5,491,796 5,491,796
E. Real Prop NonQual Acres 39,412,793 .9383 42,003,544 42,003,544
F1. Commercial Real 1,238,753 N/A 1,238,753 1,238,753
F2. Industrial Real 26,298,960 N/A 26,298,960 26,298,960
G. Oil, Gas, Minerals 2,959,880 1.0013 2,956,171 2,956,171
J. Utilities 14,959,938 .9831 15,217,115 15,217,115
L1. Commercial Personal 2,009,813 N/A 2,009,813 2,009,813
L2. Industrial Personal 11,215,710 N/A 11,215,710 11,215,710
M. Other Personal 2,611,587 N/A 2,611,587 2,611,587
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 127,109,962 131,899,530 131,899,530
Less Total Deductions 12,234,351   14,259,438 14,259,438
Total Taxable Value 114,875,611 117,640,092 117,640,092 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