taxes Property Tax Assistance

2017 ISD Summary Worksheet

138/Knox

138-904/Benjamin ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 3,209,440 .8871 3,617,901 3,209,440
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 352,530 N/A 352,530 352,530
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 16,222,550 1.0572 15,344,709 16,222,550
D2. Real Prop Farm & Ranch 422,270 N/A 422,270 422,270
E. Real Prop NonQual Acres 3,583,510 .8282 4,326,865 3,583,510
F1. Commercial Real 503,210 N/A 503,210 503,210
F2. Industrial Real 9,491,910 N/A 9,491,910 9,491,910
G. Oil, Gas, Minerals 1,510,770 N/A 1,510,770 1,510,770
J. Utilities 28,807,370 .9756 29,527,850 28,807,370
L1. Commercial Personal 127,240 N/A 127,240 127,240
L2. Industrial Personal 800,260 N/A 800,260 800,260
M. Other Personal 0 N/A 0 0
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 65,031,060 66,025,515 65,031,060
Less Total Deductions 2,261,992   2,460,656 2,261,992
Total Taxable Value 62,769,068 63,564,859 62,769,068 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
63,348,128 62,769,068 63,348,128 62,769,068


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
579,060 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
63,348,128 62,769,068 63,348,128 62,769,068

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