taxes Property Tax Assistance

2017 ISD Summary Worksheet

075/Fayette

075-908/Round Top-Carmine ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 81,420,280 N/A 81,420,280 81,420,280
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 4,771,179 N/A 4,771,179 4,771,179
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,719,052 N/A 5,719,052 5,719,052
D2. Real Prop Farm & Ranch 690,078 N/A 690,078 690,078
E. Real Prop NonQual Acres 180,661,031 N/A 180,661,031 180,661,031
F1. Commercial Real 33,375,159 N/A 33,375,159 33,375,159
F2. Industrial Real 486,540 N/A 486,540 486,540
G. Oil, Gas, Minerals 16,841,840 N/A 16,841,840 16,841,840
J. Utilities 18,800,040 N/A 18,800,040 18,800,040
L1. Commercial Personal 5,053,130 N/A 5,053,130 5,053,130
L2. Industrial Personal 3,448,560 N/A 3,448,560 3,448,560
M. Other Personal 1,606,030 N/A 1,606,030 1,606,030
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 352,872,919 352,872,919 352,872,919
Less Total Deductions 48,837,639   48,837,639 48,837,639
Total Taxable Value 304,035,280 304,035,280 304,035,280 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
310,082,559 304,035,280 298,362,842 292,315,563


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,047,279 11,719,717


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
310,082,559 304,035,280 298,362,842 292,315,563

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