taxes Property Tax Assistance

2016 ISD Summary Worksheet

219/Swisher

219-905/Kress ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 7,895,199 N/A 7,895,199 7,895,199
B. Multi-Family Residences 32,720 N/A 32,720 32,720
C1. Vacant Lots 84,580 N/A 84,580 84,580
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 20,764,469 N/A 20,764,469 20,764,469
D2. Real Prop Farm & Ranch 1,149,336 N/A 1,149,336 1,149,336
E. Real Prop NonQual Acres 13,506,211 N/A 13,506,211 13,506,211
F1. Commercial Real 1,127,220 N/A 1,127,220 1,127,220
F2. Industrial Real 1,615,750 N/A 1,615,750 1,615,750
G. Oil, Gas, Minerals 10,720 N/A 10,720 10,720
J. Utilities 26,881,610 N/A 26,881,610 26,881,610
L1. Commercial Personal 2,426,900 N/A 2,426,900 2,426,900
L2. Industrial Personal 17,393,200 N/A 17,393,200 17,393,200
M. Other Personal 579,710 N/A 579,710 579,710
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 93,467,625 93,467,625 93,467,625
Less Total Deductions 8,191,935   8,191,935 8,191,935
Total Taxable Value 85,275,690 85,275,690 85,275,690 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
86,989,151 85,275,690 86,989,151 85,275,690


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,713,461 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
86,989,151 85,275,690 86,989,151 85,275,690

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