taxes Property Tax Assistance

2017 ISD Summary Worksheet

041/Coke

226-905/Water Valley ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 116,600 N/A 116,600 116,600
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,304,420 .9633 5,506,237 5,304,420
D2. Real Prop Farm & Ranch 286,620 N/A 286,620 286,620
E. Real Prop NonQual Acres 3,456,930 .9799 3,527,840 3,456,930
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 98,930 N/A 98,930 98,930
J. Utilities 5,892,810 .8804 6,693,333 5,892,810
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 177,190 N/A 177,190 177,190
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 15,333,500 16,406,750 15,333,500
Less Total Deductions 812,584   812,584 812,584
Total Taxable Value 14,520,916 15,594,166 14,520,916 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
14,642,196 14,520,916 14,642,196 14,520,916


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
121,280 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
14,642,196 14,520,916 14,642,196 14,520,916

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

226/Tom Green

226-905/Water Valley ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 59,638,690 .9920 60,119,647 59,638,690
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 2,156,130 N/A 2,156,130 2,156,130
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,355,360 1.4424 7,872,295 11,355,360
D2. Real Prop Farm & Ranch 2,974,480 N/A 2,974,480 2,974,480
E. Real Prop NonQual Acres 19,048,290 .9485 20,082,541 19,048,290
F1. Commercial Real 2,083,340 N/A 2,083,340 2,083,340
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 22,779,750 1.0441 21,817,594 22,779,750
J. Utilities 17,160,080 .9875 17,377,296 17,160,080
L1. Commercial Personal 1,996,900 N/A 1,996,900 1,996,900
L2. Industrial Personal 4,743,310 N/A 4,743,310 4,743,310
M. Other Personal 1,072,140 N/A 1,072,140 1,072,140
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 256,960 N/A 256,960 256,960
S. Special Inventory 0 N/A 0 0
Subtotal 145,265,430 142,552,633 145,265,430
Less Total Deductions 27,423,248   27,635,895 27,423,248
Total Taxable Value 117,842,182 114,916,738 117,842,182 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
121,918,322 117,842,182 121,918,322 117,842,182


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,076,140 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
121,918,322 117,842,182 121,918,322 117,842,182

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

226-905/Water Valley ISD



Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 59,755,290 .9920 60,236,247 59,755,290
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 2,156,130 N/A 2,156,130 2,156,130
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 16,659,780 1.2453 13,378,532 16,659,780
D2. Real Prop Farm & Ranch 3,261,100 N/A 3,261,100 3,261,100
E. Real Prop NonQual Acres 22,505,220 .9532 23,610,381 22,505,220
F1. Commercial Real 2,083,340 N/A 2,083,340 2,083,340
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 22,878,680 1.0439 21,916,524 22,878,680
J. Utilities 23,052,890 .9577 24,070,629 23,052,890
L1. Commercial Personal 1,996,900 N/A 1,996,900 1,996,900
L2. Industrial Personal 4,743,310 N/A 4,743,310 4,743,310
M. Other Personal 1,249,330 N/A 1,249,330 1,249,330
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 256,960 N/A 256,960 256,960
S. Special Inventory 0 N/A 0 0
Subtotal 160,598,930 158,959,383 160,598,930
Less Total Deductions 28,235,832   28,448,479 28,235,832
Total Taxable Value 132,363,098 130,510,904 132,363,098 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

Comptroller Of Public Accounts - Property Tax Division

2017 ISD Summary Worksheet

226-905/Water Valley ISD

Final Values Worksheet

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
136,560,518 132,363,098 136,560,518 132,363,098


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,197,420 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
136,560,518 132,363,098 136,560,518 132,363,098

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