taxes Property Tax Assistance

2017 ISD Summary Worksheet

066/Duval

066-901/Benavides ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 35,784,311 .8282 43,207,330 35,784,311
B. Multi-Family Residences 151,921 N/A 151,921 151,921
C1. Vacant Lots 765,080 N/A 765,080 765,080
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 34,190,953 .8190 41,745,543 34,190,953
D2. Real Prop Farm & Ranch 369,620 N/A 369,620 369,620
E. Real Prop NonQual Acres 32,092,673 .8050 39,866,675 32,092,673
F1. Commercial Real 3,350,320 N/A 3,350,320 3,350,320
F2. Industrial Real 1,735,240 N/A 1,735,240 1,735,240
G. Oil, Gas, Minerals 30,899,160 .9700 31,854,804 30,899,160
J. Utilities 69,458,510 .9194 75,547,651 69,458,510
L1. Commercial Personal 1,585,720 N/A 1,585,720 1,585,720
L2. Industrial Personal 21,500,140 N/A 21,500,140 21,500,140
M. Other Personal 1,576,080 N/A 1,576,080 1,576,080
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 233,459,728 263,256,124 233,459,728
Less Total Deductions 23,319,755   27,232,269 23,319,755
Total Taxable Value 210,139,973 236,023,855 210,139,973 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
213,786,586 210,139,973 213,786,586 210,139,973


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,646,613 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
213,786,586 210,139,973 213,786,586 210,139,973

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 one of the grace period.