taxes Property Tax Assistance

2016 ISD Summary Worksheet

217/Stonewall

217-901/Aspermont ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 12,491,570 .8325 15,004,889 12,491,570
B. Multi-Family Residences 26,320 N/A 26,320 26,320
C1. Vacant Lots 495,470 N/A 495,470 495,470
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 24,242,490 .6597 36,746,336 24,242,490
D2. Real Prop Farm & Ranch 1,430,730 N/A 1,430,730 1,430,730
E. Real Prop NonQual Acres 12,135,590 .7812 15,534,549 12,135,590
F1. Commercial Real 2,398,980 N/A 2,398,980 2,398,980
F2. Industrial Real 216,860 N/A 216,860 216,860
G. Oil, Gas, Minerals 70,189,820 1.0247 68,497,921 70,189,820
J. Utilities 21,964,850 .7745 28,360,039 21,964,850
L1. Commercial Personal 2,816,880 N/A 2,816,880 2,816,880
L2. Industrial Personal 12,137,800 N/A 12,137,800 12,137,800
M. Other Personal 657,410 N/A 657,410 657,410
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 161,204,770 184,324,184 161,204,770
Less Total Deductions 11,216,465   12,153,812 11,216,465
Total Taxable Value 149,988,305 172,170,372 149,988,305 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
152,531,155 149,988,305 152,531,155 149,988,305


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,542,850 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
152,531,155 149,988,305 152,531,155 149,988,305

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 one of the grace period.