taxes Property Tax Assistance

2016 ISD Summary Worksheet

146/Liberty

146-903/Devers ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 19,173,071 1.1348 16,895,551 19,173,071
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 930,054 N/A 930,054 930,054
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 13,235,451 1.0860 12,187,806 13,235,451
D2. Real Prop Farm & Ranch 1,595,839 N/A 1,595,839 1,595,839
E. Real Prop NonQual Acres 21,474,098 .8227 26,101,979 21,474,098
F1. Commercial Real 1,423,093 N/A 1,423,093 1,423,093
F2. Industrial Real 47,680 N/A 47,680 47,680
G. Oil, Gas, Minerals 38,221,446 1.0105 37,824,291 38,221,446
J. Utilities 63,795,540 1.0452 61,036,682 63,795,540
L1. Commercial Personal 1,539,940 N/A 1,539,940 1,539,940
L2. Industrial Personal 16,044,400 N/A 16,044,400 16,044,400
M. Other Personal 2,374,990 N/A 2,374,990 2,374,990
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 133,620 N/A 133,620 133,620
Subtotal 179,989,222 178,135,925 179,989,222
Less Total Deductions 11,333,796   10,203,373 11,333,796
Total Taxable Value 168,655,426 167,932,552 168,655,426 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
170,662,624 168,655,426 170,662,624 168,655,426


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,007,198 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
170,662,624 168,655,426 170,662,624 168,655,426

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