taxes Property Tax Assistance

2016 ISD Summary Worksheet

146/Liberty

146-906/Liberty ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 328,231,177 1.0214 321,354,197 328,231,177
B. Multi-Family Residences 12,844,226 N/A 12,844,226 12,844,226
C1. Vacant Lots 20,777,233 N/A 20,777,233 20,777,233
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,704,364 1.1352 6,786,871 7,704,364
D2. Real Prop Farm & Ranch 1,517,740 N/A 1,517,740 1,517,740
E. Real Prop NonQual Acres 34,273,138 N/A 34,273,138 34,273,138
F1. Commercial Real 114,185,533 .9495 120,258,592 114,185,533
F2. Industrial Real 73,672,790 N/A 73,672,790 73,672,790
G. Oil, Gas, Minerals 5,591,309 N/A 5,591,309 5,591,309
J. Utilities 91,577,180 1.0558 86,737,242 91,577,180
L1. Commercial Personal 75,723,960 1.0006 75,678,553 75,723,960
L2. Industrial Personal 243,628,190 N/A 243,628,190 243,628,190
M. Other Personal 11,061,310 N/A 11,061,310 11,061,310
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 4,258,090 N/A 4,258,090 4,258,090
Subtotal 1,025,046,240 1,018,439,481 1,025,046,240
Less Total Deductions 181,457,149   179,113,254 181,457,149
Total Taxable Value 843,589,091 839,326,227 843,589,091 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
864,247,437 843,589,091 864,247,437 843,589,091


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,658,346 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
926,127,247 905,468,901 926,127,247 905,468,901

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