taxes Property Tax Assistance

2016 ISD Summary Worksheet

183/Panola

183-902/Carthage ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 426,920,760 N/A 426,920,760 426,920,760
B. Multi-Family Residences 7,413,590 N/A 7,413,590 7,413,590
C1. Vacant Lots 25,243,700 N/A 25,243,700 25,243,700
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 37,653,560 N/A 37,653,560 37,653,560
D2. Real Prop Farm & Ranch 16,290,910 N/A 16,290,910 16,290,910
E. Real Prop NonQual Acres 133,954,850 N/A 133,954,850 133,954,850
F1. Commercial Real 107,009,170 N/A 107,009,170 107,009,170
F2. Industrial Real 17,598,120 N/A 17,598,120 17,598,120
G. Oil, Gas, Minerals 1,020,956,390 N/A 1,020,956,390 1,020,956,390
J. Utilities 682,003,360 N/A 682,003,360 682,003,360
L1. Commercial Personal 74,958,520 N/A 74,958,520 74,958,520
L2. Industrial Personal 391,227,320 N/A 391,227,320 391,227,320
M. Other Personal 24,411,200 N/A 24,411,200 24,411,200
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 579,890 N/A 579,890 579,890
S. Special Inventory 0 N/A 0 0
Subtotal 2,966,221,340 2,966,221,340 2,966,221,340
Less Total Deductions 232,018,289   232,018,289 232,018,289
Total Taxable Value 2,734,203,051 2,734,203,051 2,734,203,051 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
2,772,069,291 2,734,203,051 2,728,766,031 2,690,899,791


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
37,866,240 43,303,260


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
2,772,069,291 2,734,203,051 2,728,766,031 2,690,899,791

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