taxes Property Tax Assistance

2016 ISD Summary Worksheet

188/Potter

188-901/Amarillo ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 6,160,154,017 N/A 6,160,154,017 6,160,154,017
B. Multi-Family Residences 404,906,319 N/A 404,906,319 404,906,319
C1. Vacant Lots 82,849,852 N/A 82,849,852 82,849,852
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 491,807 N/A 491,807 491,807
D2. Real Prop Farm & Ranch 40,308 N/A 40,308 40,308
E. Real Prop NonQual Acres 702,133 N/A 702,133 702,133
F1. Commercial Real 1,653,131,258 N/A 1,653,131,258 1,653,131,258
F2. Industrial Real 7,831,639 N/A 7,831,639 7,831,639
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 291,794,588 N/A 291,794,588 291,794,588
L1. Commercial Personal 935,076,474 N/A 935,076,474 935,076,474
L2. Industrial Personal 38,468,903 N/A 38,468,903 38,468,903
M. Other Personal 10,822,937 N/A 10,822,937 10,822,937
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,923,468 N/A 2,923,468 2,923,468
S. Special Inventory 42,992,468 N/A 42,992,468 42,992,468
Subtotal 9,632,186,171 9,632,186,171 9,632,186,171
Less Total Deductions 1,417,829,354   1,417,829,354 1,417,829,354
Total Taxable Value 8,214,356,817 8,214,356,817 8,214,356,817 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
8,514,744,814 8,214,356,817 8,514,744,814 8,214,356,817


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
300,387,997 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
8,514,744,814 8,214,356,817 8,514,744,814 8,214,356,817

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