taxes Property Tax Assistance

2017 ISD Summary Worksheet

030/Callahan

030-903/Baird 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 43,616,970 .9862 44,227,307 43,616,970
B. Multi-Family Residences 233,150 N/A 233,150 233,150
C1. Vacant Lots 677,170 N/A 677,170 677,170
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,271,830 1.2614 8,935,921 11,271,830
D2. Real Prop Farm & Ranch 3,320,460 N/A 3,320,460 3,320,460
E. Real Prop NonQual Acres 45,363,500 .9760 46,478,996 45,363,500
F1. Commercial Real 10,529,330 1.0108 10,416,828 10,529,330
F2. Industrial Real 988,140 N/A 988,140 988,140
G. Oil, Gas, Minerals 2,715,112 N/A 2,715,112 2,715,112
J. Utilities 89,172,500 .7801 114,309,063 89,172,500
L1. Commercial Personal 4,323,160 N/A 4,323,160 4,323,160
L2. Industrial Personal 11,390,620 N/A 11,390,620 11,390,620
M. Other Personal 2,996,410 N/A 2,996,410 2,996,410
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 5,026,160 N/A 5,026,160 5,026,160
Subtotal 231,624,512 256,038,497 231,624,512
Less Total Deductions 29,971,439   30,338,401 29,971,439
Total Taxable Value 201,653,073 225,700,096 201,653,073 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
207,642,393 201,653,073 207,642,393 201,653,073


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,989,320 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
207,642,393 201,653,073 207,642,393 201,653,073

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.