taxes Property Tax Assistance

2017 ISD Summary Worksheet

006/Armstrong

006-902/Claude ISD

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


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 45,803,930 .9218 49,689,662 45,803,930
B. Multi-Family Residences 53,410 N/A 53,410 53,410
C1. Vacant Lots 1,371,390 N/A 1,371,390 1,371,390
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 30,058,550 .8830 34,041,135 30,058,550
D2. Real Prop Farm & Ranch 5,637,800 N/A 5,637,800 5,637,800
E. Real Prop NonQual Acres 23,951,520 .8955 26,746,533 23,951,520
F1. Commercial Real 5,517,540 N/A 5,517,540 5,517,540
F2. Industrial Real 74,107,230 N/A 74,107,230 74,107,230
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 50,113,690 .8748 57,285,882 50,113,690
L1. Commercial Personal 238,410 N/A 238,410 238,410
L2. Industrial Personal 6,579,490 N/A 6,579,490 6,579,490
M. Other Personal 838,000 N/A 838,000 838,000
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 244,270,960 262,106,482 244,270,960
Less Total Deductions 84,025,098   85,439,361 84,025,098
Total Taxable Value 160,245,862 176,667,121 160,245,862 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
164,681,342 160,245,862 164,681,342 160,245,862


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,435,480 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
226,565,052 222,129,572 226,565,052 222,129,572

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.