taxes Property Tax Assistance

2017 ISD Summary Worksheet

034/Cass

034-906/McLeod ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 8,044,005 .9381 8,574,784 8,044,005
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 20,970 N/A 20,970 20,970
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,691,869 1.0039 3,677,529 3,691,869
D2. Real Prop Farm & Ranch 573,120 N/A 573,120 573,120
E. Real Prop NonQual Acres 18,055,569 .9591 18,825,533 18,055,569
F1. Commercial Real 367,320 N/A 367,320 367,320
F2. Industrial Real 24,000 N/A 24,000 24,000
G. Oil, Gas, Minerals 8,856,049 1.0081 8,784,891 8,856,049
J. Utilities 2,033,400 N/A 2,033,400 2,033,400
L1. Commercial Personal 199,214 N/A 199,214 199,214
L2. Industrial Personal 21,910 N/A 21,910 21,910
M. Other Personal 1,480,010 N/A 1,480,010 1,480,010
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 43,367,436 44,582,681 43,367,436
Less Total Deductions 9,449,276   9,920,889 9,449,276
Total Taxable Value 33,918,160 34,661,792 33,918,160 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
35,839,951 33,918,160 35,839,951 33,918,160


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,921,791 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
35,839,951 33,918,160 35,839,951 33,918,160

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