taxes Property Tax Assistance

2017 ISD Summary Worksheet

035/Castro

035-903/Nazareth ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 22,495,870 1.0239 21,970,769 22,495,870
B. Multi-Family Residences 525,110 N/A 525,110 525,110
C1. Vacant Lots 172,080 N/A 172,080 172,080
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,928,590 1.6885 4,103,388 6,928,590
D2. Real Prop Farm & Ranch 1,483,940 N/A 1,483,940 1,483,940
E. Real Prop NonQual Acres 6,626,800 .9817 6,750,331 6,626,800
F1. Commercial Real 1,087,330 N/A 1,087,330 1,087,330
F2. Industrial Real 66,360 N/A 66,360 66,360
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 43,817,200 .8007 54,723,617 43,817,200
L1. Commercial Personal 887,020 N/A 887,020 887,020
L2. Industrial Personal 141,180 N/A 141,180 141,180
M. Other Personal 261,110 N/A 261,110 261,110
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 510 N/A 510 510
Subtotal 84,493,100 92,172,745 84,493,100
Less Total Deductions 7,616,506   7,457,446 7,616,506
Total Taxable Value 76,876,594 84,715,299 76,876,594 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
78,643,044 76,876,594 78,643,044 76,876,594


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,766,450 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
78,643,044 76,876,594 78,643,044 76,876,594

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 local value is greater than PTAD value.