taxes Property Tax Assistance

2017 ISD Summary Worksheet

070/Ellis

070-915/Maypearl ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 187,858,840 N/A 187,858,840 187,858,840
B. Multi-Family Residences 840,364 N/A 840,364 840,364
C1. Vacant Lots 2,313,490 N/A 2,313,490 2,313,490
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,600,173 N/A 5,600,173 5,600,173
D2. Real Prop Farm & Ranch 5,646,656 N/A 5,646,656 5,646,656
E. Real Prop NonQual Acres 96,104,498 N/A 96,104,498 96,104,498
F1. Commercial Real 6,726,480 N/A 6,726,480 6,726,480
F2. Industrial Real 20,000 N/A 20,000 20,000
G. Oil, Gas, Minerals 336,572 N/A 336,572 336,572
J. Utilities 33,398,751 N/A 33,398,751 33,398,751
L1. Commercial Personal 2,615,892 N/A 2,615,892 2,615,892
L2. Industrial Personal 13,199,860 N/A 13,199,860 13,199,860
M. Other Personal 3,517,370 N/A 3,517,370 3,517,370
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 3,148,990 N/A 3,148,990 3,148,990
S. Special Inventory 0 N/A 0 0
Subtotal 361,327,936 361,327,936 361,327,936
Less Total Deductions 51,044,297   51,044,297 51,044,297
Total Taxable Value 310,283,639 310,283,639 310,283,639 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
321,345,699 310,283,639 321,345,699 310,283,639


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,062,060 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
321,345,699 310,283,639 321,345,699 310,283,639

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