taxes Property Tax Assistance

2016 ISD Summary Worksheet

219/Swisher

219-903/Tulia ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 61,306,171 N/A 61,306,171 61,306,171
B. Multi-Family Residences 562,420 N/A 562,420 562,420
C1. Vacant Lots 757,499 N/A 757,499 757,499
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 24,051,494 N/A 24,051,494 24,051,494
D2. Real Prop Farm & Ranch 1,941,121 N/A 1,941,121 1,941,121
E. Real Prop NonQual Acres 20,255,100 N/A 20,255,100 20,255,100
F1. Commercial Real 10,986,410 N/A 10,986,410 10,986,410
F2. Industrial Real 8,472,940 N/A 8,472,940 8,472,940
G. Oil, Gas, Minerals 6,375 N/A 6,375 6,375
J. Utilities 22,311,070 N/A 22,311,070 22,311,070
L1. Commercial Personal 10,850,190 N/A 10,850,190 10,850,190
L2. Industrial Personal 13,221,190 N/A 13,221,190 13,221,190
M. Other Personal 377,540 N/A 377,540 377,540
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 559,430 N/A 559,430 559,430
Subtotal 175,658,950 175,658,950 175,658,950
Less Total Deductions 31,417,857   31,417,857 31,417,857
Total Taxable Value 144,241,093 144,241,093 144,241,093 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
152,000,275 144,241,093 152,000,275 144,241,093


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,759,182 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
152,000,275 144,241,093 152,000,275 144,241,093

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