taxes Property Tax Assistance

2017 ISD Summary Worksheet

101/Harris

101-924/Sheldon ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 1,203,675,596 .9728 1,237,330,999 1,203,675,596
B. Multi-Family Residences 76,409,868 N/A 76,409,868 76,409,868
C1. Vacant Lots 99,531,147 N/A 99,531,147 99,531,147
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,311,109 1.0453 4,124,276 4,311,109
D2. Real Prop Farm & Ranch 61,533,805 N/A 61,533,805 61,533,805
E. Real Prop NonQual Acres 653,676 N/A 653,676 653,676
F1. Commercial Real 437,932,637 .8794 497,990,263 437,932,637
F2. Industrial Real 1,178,060,101 N/A 1,178,060,101 1,178,060,101
G. Oil, Gas, Minerals 2,059,790 N/A 2,059,790 2,059,790
J. Utilities 79,659,228 N/A 79,659,228 79,659,228
L1. Commercial Personal 208,056,931 1.0713 194,209,774 208,056,931
L2. Industrial Personal 2,661,504,543 N/A 2,661,504,543 2,661,504,543
M. Other Personal 17,429,141 N/A 17,429,141 17,429,141
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 15,180,752 N/A 15,180,752 15,180,752
S. Special Inventory 5,039,269 N/A 5,039,269 5,039,269
Subtotal 6,051,037,593 6,130,716,632 6,051,037,593
Less Total Deductions 612,164,871   617,087,417 612,164,871
Total Taxable Value 5,438,872,722 5,513,629,215 5,438,872,722 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
5,496,053,492 5,438,872,722 5,427,289,059 5,370,108,289


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
57,180,770 68,764,433


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
5,794,586,252 5,737,405,482 5,725,821,819 5,668,641,049

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