taxes Property Tax Assistance

2016 ISD Summary Worksheet

210/Shelby

210-905/Timpson ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 34,027,273 N/A 34,027,273 34,027,273
B. Multi-Family Residences 482,710 N/A 482,710 482,710
C1. Vacant Lots 1,798,940 N/A 1,798,940 1,798,940
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 14,185,436 N/A 14,185,436 14,185,436
D2. Real Prop Farm & Ranch 8,916,891 N/A 8,916,891 8,916,891
E. Real Prop NonQual Acres 50,137,211 N/A 50,137,211 50,137,211
F1. Commercial Real 7,395,870 N/A 7,395,870 7,395,870
F2. Industrial Real 3,360,600 N/A 3,360,600 3,360,600
G. Oil, Gas, Minerals 4,497,370 N/A 4,497,370 4,497,370
J. Utilities 19,807,110 N/A 19,807,110 19,807,110
L1. Commercial Personal 5,464,908 N/A 5,464,908 5,464,908
L2. Industrial Personal 9,351,910 N/A 9,351,910 9,351,910
M. Other Personal 5,107,860 N/A 5,107,860 5,107,860
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 100,620 N/A 100,620 100,620
Subtotal 164,634,709 164,634,709 164,634,709
Less Total Deductions 35,095,959   35,095,959 35,095,959
Total Taxable Value 129,538,750 129,538,750 129,538,750 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
135,455,638 129,538,750 129,901,687 123,984,799


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,916,888 5,553,951


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
135,455,638 129,538,750 129,901,687 123,984,799

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