taxes Property Tax Assistance

2016 ISD Summary Worksheet

187/Polk

229-906/Chester ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 12,777,586 N/A 12,777,586 12,777,586
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,293,124 N/A 1,293,124 1,293,124
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,013,528 N/A 7,013,528 7,013,528
D2. Real Prop Farm & Ranch 1,260,316 N/A 1,260,316 1,260,316
E. Real Prop NonQual Acres 8,865,419 N/A 8,865,419 8,865,419
F1. Commercial Real 126,564 N/A 126,564 126,564
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 4,880 N/A 4,880 4,880
J. Utilities 1,602,164 N/A 1,602,164 1,602,164
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 87,320 N/A 87,320 87,320
M. Other Personal 1,217,282 N/A 1,217,282 1,217,282
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 34,248,183 34,248,183 34,248,183
Less Total Deductions 5,372,236   5,372,236 5,372,236
Total Taxable Value 28,875,947 28,875,947 28,875,947 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
30,058,704 28,875,947 30,058,704 28,875,947


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,182,757 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
30,058,704 28,875,947 30,058,704 28,875,947

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

229/Tyler

229-906/Chester ISD

** This district is in year 2 of the grace period.


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 16,430,831 .8812 18,645,973 16,430,831
B. Multi-Family Residences 54,415 N/A 54,415 54,415
C1. Vacant Lots 588,296 N/A 588,296 588,296
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,030,584 1.0547 11,406,346 12,030,584
D2. Real Prop Farm & Ranch 15,842 N/A 15,842 15,842
E. Real Prop NonQual Acres 12,440,137 .9303 13,372,178 12,440,137
F1. Commercial Real 692,331 N/A 692,331 692,331
F2. Industrial Real 1,035 N/A 1,035 1,035
G. Oil, Gas, Minerals 1,052,785 N/A 1,052,785 1,052,785
J. Utilities 3,656,978 2.1989 1,663,094 3,656,978
L1. Commercial Personal 144,158 N/A 144,158 144,158
L2. Industrial Personal 804,216 N/A 804,216 804,216
M. Other Personal 707,034 N/A 707,034 707,034
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 48,618,642 49,147,703 48,618,642
Less Total Deductions 9,419,739   10,659,828 9,419,739
Total Taxable Value 39,198,903 38,487,875 39,198,903 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
41,101,523 39,198,903 41,101,523 39,198,903


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,902,620 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
41,101,523 39,198,903 41,101,523 39,198,903

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 invalid, but local value was certified because your school district is in year two of the grace period.

229-906/Chester ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 29,208,417 .9295 31,423,559 29,208,417
B. Multi-Family Residences 54,415 N/A 54,415 54,415
C1. Vacant Lots 1,881,420 N/A 1,881,420 1,881,420
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 19,044,112 1.0339 18,419,874 19,044,112
D2. Real Prop Farm & Ranch 1,276,158 N/A 1,276,158 1,276,158
E. Real Prop NonQual Acres 21,305,556 .9581 22,237,597 21,305,556
F1. Commercial Real 818,895 N/A 818,895 818,895
F2. Industrial Real 1,035 N/A 1,035 1,035
G. Oil, Gas, Minerals 1,057,665 N/A 1,057,665 1,057,665
J. Utilities 5,259,142 1.6106 3,265,258 5,259,142
L1. Commercial Personal 144,158 N/A 144,158 144,158
L2. Industrial Personal 891,536 N/A 891,536 891,536
M. Other Personal 1,924,316 N/A 1,924,316 1,924,316
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 82,866,825 83,395,886 82,866,825
Less Total Deductions 14,791,975   16,032,064 14,791,975
Total Taxable Value 68,074,850 67,363,822 68,074,850 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