taxes Property Tax Assistance

2017 ISD Summary Worksheet

125/Jim Wells

125-902/Ben Bolt-Palito Blanco ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 8,951,895 .8331 10,745,283 10,745,283
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 895,627 N/A 895,627 895,627
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,048,654 .9340 8,616,976 8,616,976
D2. Real Prop Farm & Ranch 979,270 N/A 979,270 979,270
E. Real Prop NonQual Acres 59,464,634 .9229 64,432,370 64,432,370
F1. Commercial Real 655,699 N/A 655,699 655,699
F2. Industrial Real 1,307,400 N/A 1,307,400 1,307,400
G. Oil, Gas, Minerals 251,340 N/A 251,340 251,340
J. Utilities 13,601,105 .9951 13,668,079 13,668,079
L1. Commercial Personal 2,299,619 N/A 2,299,619 2,299,619
L2. Industrial Personal 2,017,010 N/A 2,017,010 2,017,010
M. Other Personal 2,687,029 N/A 2,687,029 2,687,029
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 1,950 N/A 1,950 1,950
Subtotal 101,161,232 108,557,652 108,557,652
Less Total Deductions 19,595,423   22,716,999 22,716,999
Total Taxable Value 81,565,809 85,840,653 85,840,653 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
89,647,199 85,840,653 89,647,199 85,840,653


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,806,546 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
89,647,199 85,840,653 89,647,199 85,840,653

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)