taxes Property Tax Assistance

2016 ISD Summary Worksheet

238/Ward

238-902/Monahans-Wickett-Pyote ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 258,693,430 .7786 332,254,598 258,693,430
B. Multi-Family Residences 10,322,970 N/A 10,322,970 10,322,970
C1. Vacant Lots 11,202,940 N/A 11,202,940 11,202,940
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 693,680 .7505 924,281 693,680
D2. Real Prop Farm & Ranch 904,770 N/A 904,770 904,770
E. Real Prop NonQual Acres 8,186,400 N/A 8,186,400 8,186,400
F1. Commercial Real 46,414,430 N/A 46,414,430 46,414,430
F2. Industrial Real 67,275,320 N/A 67,275,320 67,275,320
G. Oil, Gas, Minerals 686,860,980 1.0377 661,907,083 686,860,980
J. Utilities 232,650,890 .9234 251,950,282 232,650,890
L1. Commercial Personal 27,587,160 N/A 27,587,160 27,587,160
L2. Industrial Personal 227,475,570 N/A 227,475,570 227,475,570
M. Other Personal 10,828,750 N/A 10,828,750 10,828,750
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 1,589,097,290 1,657,234,554 1,589,097,290
Less Total Deductions 142,978,496   172,058,373 142,978,496
Total Taxable Value 1,446,118,794 1,485,176,181 1,446,118,794 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
1,461,841,954 1,446,118,794 1,452,787,329 1,437,064,169


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
15,723,160 9,054,625


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
1,461,841,954 1,446,118,794 1,452,787,329 1,437,064,169

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