taxes Property Tax Assistance

2017 ISD Summary Worksheet

148/Lipscomb

148-905/Darrouzett ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 5,687,250 N/A 5,687,250 5,687,250
B. Multi-Family Residences 138,090 N/A 138,090 138,090
C1. Vacant Lots 49,270 N/A 49,270 49,270
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,183,050 N/A 7,183,050 7,183,050
D2. Real Prop Farm & Ranch 894,220 N/A 894,220 894,220
E. Real Prop NonQual Acres 2,967,480 N/A 2,967,480 2,967,480
F1. Commercial Real 562,560 N/A 562,560 562,560
F2. Industrial Real 340,030 N/A 340,030 340,030
G. Oil, Gas, Minerals 43,887,429 N/A 43,887,429 43,887,429
J. Utilities 15,899,920 N/A 15,899,920 15,899,920
L1. Commercial Personal 1,757,070 N/A 1,757,070 1,757,070
L2. Industrial Personal 758,190 N/A 758,190 758,190
M. Other Personal 150,890 N/A 150,890 150,890
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 80,275,449 80,275,449 80,275,449
Less Total Deductions 3,939,786   3,939,786 3,939,786
Total Taxable Value 76,335,663 76,335,663 76,335,663 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
77,295,273 76,335,663 77,295,273 76,335,663


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
959,610 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
77,295,273 76,335,663 77,295,273 76,335,663

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