taxes Property Tax Assistance

2017 ISD Summary Worksheet

113/Houston

113-905/Latexo ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 68,248,000 N/A 68,248,000 68,248,000
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 2,591,040 N/A 2,591,040 2,591,040
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,553,170 N/A 8,553,170 8,553,170
D2. Real Prop Farm & Ranch 4,843,100 N/A 4,843,100 4,843,100
E. Real Prop NonQual Acres 36,193,350 N/A 36,193,350 36,193,350
F1. Commercial Real 2,983,080 N/A 2,983,080 2,983,080
F2. Industrial Real 2,629,460 N/A 2,629,460 2,629,460
G. Oil, Gas, Minerals 83,810 N/A 83,810 83,810
J. Utilities 32,271,640 N/A 32,271,640 32,271,640
L1. Commercial Personal 1,838,120 N/A 1,838,120 1,838,120
L2. Industrial Personal 13,053,830 N/A 13,053,830 13,053,830
M. Other Personal 3,766,500 N/A 3,766,500 3,766,500
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 4,800 N/A 4,800 4,800
Subtotal 177,059,900 177,059,900 177,059,900
Less Total Deductions 24,856,170   24,856,170 24,856,170
Total Taxable Value 152,203,730 152,203,730 152,203,730 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
158,037,630 152,203,730 158,037,630 152,203,730


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,833,900 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
158,037,630 152,203,730 158,037,630 152,203,730

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