taxes Property Tax Assistance

2016 ISD Summary Worksheet

077/Floyd

173-901/Motley County ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 0 N/A 0 0
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,255,710 N/A 1,255,710 1,255,710
D2. Real Prop Farm & Ranch 49,350 N/A 49,350 49,350
E. Real Prop NonQual Acres 344,650 N/A 344,650 344,650
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 8,630 N/A 8,630 8,630
J. Utilities 42,150 N/A 42,150 42,150
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 32,920 N/A 32,920 32,920
M. Other Personal 0 N/A 0 0
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 1,733,410 1,733,410 1,733,410
Less Total Deductions 96,110   96,110 96,110
Total Taxable Value 1,637,300 1,637,300 1,637,300 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
1,667,300 1,637,300 1,667,300 1,637,300


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
30,000 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
1,667,300 1,637,300 1,667,300 1,637,300

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

173/Motley

173-901/Motley County ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 16,770,550 .8858 18,932,660 18,932,660
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 297,040 N/A 297,040 297,040
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 45,643,530 .9305 49,053,066 49,053,066
D2. Real Prop Farm & Ranch 514,720 N/A 514,720 514,720
E. Real Prop NonQual Acres 7,771,640 .9473 8,203,990 8,203,990
F1. Commercial Real 2,160,910 N/A 2,160,910 2,160,910
F2. Industrial Real 147,570 N/A 147,570 147,570
G. Oil, Gas, Minerals 833,800 N/A 833,800 833,800
J. Utilities 44,684,910 N/A 44,684,910 44,684,910
L1. Commercial Personal 3,111,170 N/A 3,111,170 3,111,170
L2. Industrial Personal 2,674,860 N/A 2,674,860 2,674,860
M. Other Personal 279,950 N/A 279,950 279,950
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 124,890,650 130,894,646 130,894,646
Less Total Deductions 11,463,255   12,458,001 12,458,001
Total Taxable Value 113,427,395 118,436,645 118,436,645 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
121,063,375 118,436,645 121,063,375 118,436,645


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,626,730 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
121,063,375 118,436,645 121,063,375 118,436,645

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)

173-901/Motley County ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 16,770,550 .8858 18,932,660 18,932,660
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 297,040 N/A 297,040 297,040
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 46,899,240 .9322 50,308,776 50,308,776
D2. Real Prop Farm & Ranch 564,070 N/A 564,070 564,070
E. Real Prop NonQual Acres 8,116,290 .9494 8,548,640 8,548,640
F1. Commercial Real 2,160,910 N/A 2,160,910 2,160,910
F2. Industrial Real 147,570 N/A 147,570 147,570
G. Oil, Gas, Minerals 842,430 N/A 842,430 842,430
J. Utilities 44,727,060 N/A 44,727,060 44,727,060
L1. Commercial Personal 3,111,170 N/A 3,111,170 3,111,170
L2. Industrial Personal 2,707,780 N/A 2,707,780 2,707,780
M. Other Personal 279,950 N/A 279,950 279,950
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 126,624,060 132,628,056 132,628,056
Less Total Deductions 11,559,365   12,554,111 12,554,111
Total Taxable Value 115,064,695 120,073,945 120,073,945 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