taxes Property Tax Assistance

2017 ISD Summary Worksheet

066/Duval

066-903/Freer ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 54,884,511 .8571 64,035,131 64,035,131
B. Multi-Family Residences 945,290 N/A 945,290 945,290
C1. Vacant Lots 1,692,462 N/A 1,692,462 1,692,462
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 18,225,419 .7826 23,289,073 23,289,073
D2. Real Prop Farm & Ranch 30,690 N/A 30,690 30,690
E. Real Prop NonQual Acres 27,326,552 1.0111 27,026,557 27,026,557
F1. Commercial Real 19,910,383 1.0201 19,518,070 19,518,070
F2. Industrial Real 5,128,950 N/A 5,128,950 5,128,950
G. Oil, Gas, Minerals 38,022,515 1.0088 37,690,836 37,690,836
J. Utilities 79,230,470 .9397 84,314,643 84,314,643
L1. Commercial Personal 6,282,200 N/A 6,282,200 6,282,200
L2. Industrial Personal 30,502,170 N/A 30,502,170 30,502,170
M. Other Personal 2,330,600 N/A 2,330,600 2,330,600
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 284,512,212 302,786,672 302,786,672
Less Total Deductions 32,815,405   36,265,461 36,265,461
Total Taxable Value 251,696,807 266,521,211 266,521,211 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
272,541,323 266,521,211 268,929,590 262,909,478


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,020,112 3,611,733


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
272,541,323 266,521,211 268,929,590 262,909,478

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 taxable value to be invalid, and state value was certified because your local value

did not exceed the state value and:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)