taxes Property Tax Assistance

2016 ISD Summary Worksheet

163/Medina

163-903/Natalia ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 117,479,885 .9175 128,043,471 128,043,471
B. Multi-Family Residences 892,100 N/A 892,100 892,100
C1. Vacant Lots 23,689,240 .9391 25,225,471 25,225,471
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,602,340 .8761 2,970,393 2,970,393
D2. Real Prop Farm & Ranch 2,477,430 N/A 2,477,430 2,477,430
E. Real Prop NonQual Acres 47,164,780 1.0029 47,028,398 47,028,398
F1. Commercial Real 10,505,850 N/A 10,505,850 10,505,850
F2. Industrial Real 68,900 N/A 68,900 68,900
G. Oil, Gas, Minerals 328,040 N/A 328,040 328,040
J. Utilities 13,703,690 N/A 13,703,690 13,703,690
L1. Commercial Personal 6,031,214 N/A 6,031,214 6,031,214
L2. Industrial Personal 2,089,720 N/A 2,089,720 2,089,720
M. Other Personal 6,201,120 N/A 6,201,120 6,201,120
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 692,250 N/A 692,250 692,250
S. Special Inventory 0 N/A 0 0
Subtotal 233,926,559 246,258,047 246,258,047
Less Total Deductions 47,288,173   50,907,614 50,907,614
Total Taxable Value 186,638,386 195,350,433 195,350,433 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
206,097,677 195,350,433 206,097,677 195,350,433


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,747,244 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
206,097,677 195,350,433 206,097,677 195,350,433

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)