taxes Property Tax Assistance

2016 ISD Summary Worksheet

161/McLennan

161-921/Connally ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 361,472,246 .9664 374,039,990 361,472,246
B. Multi-Family Residences 43,844,760 .8381 52,314,473 43,844,760
C1. Vacant Lots 13,183,823 N/A 13,183,823 13,183,823
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,208,940 1.1888 1,016,957 1,208,940
D2. Real Prop Farm & Ranch 2,510,332 N/A 2,510,332 2,510,332
E. Real Prop NonQual Acres 54,014,054 .9814 55,037,756 54,014,054
F1. Commercial Real 48,370,193 .9167 52,765,565 48,370,193
F2. Industrial Real 41,728,897 N/A 41,728,897 41,728,897
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 23,440,370 N/A 23,440,370 23,440,370
L1. Commercial Personal 48,725,990 .9574 50,894,078 48,725,990
L2. Industrial Personal 85,454,290 N/A 85,454,290 85,454,290
M. Other Personal 4,874,290 N/A 4,874,290 4,874,290
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,239,530 N/A 1,239,530 1,239,530
S. Special Inventory 3,376,230 N/A 3,376,230 3,376,230
Subtotal 733,443,945 761,876,581 733,443,945
Less Total Deductions 123,173,476   127,878,440 123,173,476
Total Taxable Value 610,270,469 633,998,141 610,270,469 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
634,658,149 610,270,469 634,658,149 610,270,469


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
24,387,680 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
634,658,149 610,270,469 634,658,149 610,270,469

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