taxes Property Tax Assistance

2017 ISD Summary Worksheet

026/Burleson

026-903/Snook ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 46,615,410 N/A 46,615,410 46,615,410
B. Multi-Family Residences 204,865 N/A 204,865 204,865
C1. Vacant Lots 11,467,482 N/A 11,467,482 11,467,482
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 13,285,044 N/A 13,285,044 13,285,044
D2. Real Prop Farm & Ranch 9,249,865 N/A 9,249,865 9,249,865
E. Real Prop NonQual Acres 93,814,439 N/A 93,814,439 93,814,439
F1. Commercial Real 7,021,294 N/A 7,021,294 7,021,294
F2. Industrial Real 677,007 N/A 677,007 677,007
G. Oil, Gas, Minerals 60,381,430 N/A 60,381,430 60,381,430
J. Utilities 19,543,630 N/A 19,543,630 19,543,630
L1. Commercial Personal 5,251,957 N/A 5,251,957 5,251,957
L2. Industrial Personal 4,867,460 N/A 4,867,460 4,867,460
M. Other Personal 5,667,782 N/A 5,667,782 5,667,782
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 278,047,665 278,047,665 278,047,665
Less Total Deductions 38,482,346   38,482,346 38,482,346
Total Taxable Value 239,565,319 239,565,319 239,565,319 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
244,714,966 239,565,319 244,714,966 239,565,319


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,149,647 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
244,714,966 239,565,319 244,714,966 239,565,319

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