taxes Property Tax Assistance

2017 ISD Summary Worksheet

127/Jones

221-904/Merkel ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 162,820 N/A 162,820 162,820
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 81,500 N/A 81,500 81,500
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,595,120 N/A 1,595,120 1,595,120
D2. Real Prop Farm & Ranch 542,160 N/A 542,160 542,160
E. Real Prop NonQual Acres 30,387,420 N/A 30,387,420 30,387,420
F1. Commercial Real 310,690 N/A 310,690 310,690
F2. Industrial Real 96,250 N/A 96,250 96,250
G. Oil, Gas, Minerals 2,661,490 N/A 2,661,490 2,661,490
J. Utilities 10,391,970 N/A 10,391,970 10,391,970
L1. Commercial Personal 440,190 N/A 440,190 440,190
L2. Industrial Personal 3,402,580 N/A 3,402,580 3,402,580
M. Other Personal 895,190 N/A 895,190 895,190
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 50,967,380 50,967,380 50,967,380
Less Total Deductions 10,361,046   10,361,046 10,361,046
Total Taxable Value 40,606,334 40,606,334 40,606,334 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
42,363,984 40,606,334 42,363,984 40,606,334


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,757,650 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
42,363,984 40,606,334 42,363,984 40,606,334

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

221/Taylor

221-904/Merkel ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 91,930,089 .9734 94,442,253 91,930,089
B. Multi-Family Residences 1,057,147 N/A 1,057,147 1,057,147
C1. Vacant Lots 5,778,465 N/A 5,778,465 5,778,465
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,121,240 1.0411 9,721,909 10,121,240
D2. Real Prop Farm & Ranch 1,098,577 N/A 1,098,577 1,098,577
E. Real Prop NonQual Acres 41,242,170 .8613 47,883,629 41,242,170
F1. Commercial Real 47,379,423 1.0189 46,500,562 47,379,423
F2. Industrial Real 51,549,165 N/A 51,549,165 51,549,165
G. Oil, Gas, Minerals 4,746,430 N/A 4,746,430 4,746,430
J. Utilities 59,566,863 1.0157 58,646,119 59,566,863
L1. Commercial Personal 70,640,391 .9891 71,418,857 70,640,391
L2. Industrial Personal 11,944,340 N/A 11,944,340 11,944,340
M. Other Personal 6,518,873 N/A 6,518,873 6,518,873
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 881,850 N/A 881,850 881,850
Subtotal 404,455,023 412,188,176 404,455,023
Less Total Deductions 43,724,608   44,635,310 43,724,608
Total Taxable Value 360,730,415 367,552,866 360,730,415 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
370,324,495 360,730,415 370,324,495 360,730,415


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,594,080 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
370,324,495 360,730,415 370,324,495 360,730,415

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

221-904/Merkel ISD



Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 92,092,909 .9734 94,605,073 92,092,909
B. Multi-Family Residences 1,057,147 N/A 1,057,147 1,057,147
C1. Vacant Lots 5,859,965 N/A 5,859,965 5,859,965
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,716,360 1.0353 11,317,029 11,716,360
D2. Real Prop Farm & Ranch 1,640,737 N/A 1,640,737 1,640,737
E. Real Prop NonQual Acres 71,629,590 .9151 78,271,049 71,629,590
F1. Commercial Real 47,690,113 1.0188 46,811,252 47,690,113
F2. Industrial Real 51,645,415 N/A 51,645,415 51,645,415
G. Oil, Gas, Minerals 7,407,920 N/A 7,407,920 7,407,920
J. Utilities 69,958,833 1.0133 69,038,089 69,958,833
L1. Commercial Personal 71,080,581 .9892 71,859,047 71,080,581
L2. Industrial Personal 15,346,920 N/A 15,346,920 15,346,920
M. Other Personal 7,414,063 N/A 7,414,063 7,414,063
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 881,850 N/A 881,850 881,850
Subtotal 455,422,403 463,155,556 455,422,403
Less Total Deductions 54,085,654   54,996,356 54,085,654
Total Taxable Value 401,336,749 408,159,200 401,336,749 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

Comptroller Of Public Accounts - Property Tax Division

2017 ISD Summary Worksheet

221-904/Merkel ISD

Final Values Worksheet

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
412,688,479 401,336,749 412,688,479 401,336,749


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,351,730 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
412,688,479 401,336,749 412,688,479 401,336,749

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