taxes Property Tax Assistance

2017 ISD Summary Worksheet

028/Caldwell

028-902/Lockhart ISD

** This district is in year 2 of the grace period.


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 482,847,930 .8782 549,815,452 482,847,930
B. Multi-Family Residences 37,063,794 N/A 37,063,794 37,063,794
C1. Vacant Lots 25,261,806 N/A 25,261,806 25,261,806
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 15,296,512 .9874 15,491,039 15,296,512
D2. Real Prop Farm & Ranch 16,685,838 N/A 16,685,838 16,685,838
E. Real Prop NonQual Acres 520,073,589 .8412 618,252,008 520,073,589
F1. Commercial Real 128,723,821 .9917 129,801,171 128,723,821
F2. Industrial Real 13,786,000 N/A 13,786,000 13,786,000
G. Oil, Gas, Minerals 18,060,566 N/A 18,060,566 18,060,566
J. Utilities 67,619,700 .9907 68,254,467 67,619,700
L1. Commercial Personal 45,610,020 N/A 45,610,020 45,610,020
L2. Industrial Personal 32,954,290 N/A 32,954,290 32,954,290
M. Other Personal 27,637,070 N/A 27,637,070 27,637,070
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,528,030 N/A 1,528,030 1,528,030
S. Special Inventory 2,612,980 N/A 2,612,980 2,612,980
Subtotal 1,435,761,946 1,602,814,531 1,435,761,946
Less Total Deductions 206,835,737   238,479,096 206,835,737
Total Taxable Value 1,228,926,209 1,364,335,435 1,228,926,209 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
1,270,899,001 1,228,926,209 1,270,899,001 1,228,926,209


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
41,972,792 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
1,270,899,001 1,228,926,209 1,270,899,001 1,228,926,209

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 two of the grace period.