taxes Property Tax Assistance

2017 ISD Summary Worksheet

150/Llano

150-901/Llano ISD

** This district is in year 2 of the grace period.


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 3,152,695,970 .9200 3,426,843,446 3,152,695,970
B. Multi-Family Residences 77,913,650 N/A 77,913,650 77,913,650
C1. Vacant Lots 256,412,209 .9684 264,779,233 256,412,209
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 37,903,152 .8920 42,490,246 37,903,152
D2. Real Prop Farm & Ranch 17,474,922 N/A 17,474,922 17,474,922
E. Real Prop NonQual Acres 200,853,947 N/A 200,853,947 200,853,947
F1. Commercial Real 185,868,027 N/A 185,868,027 185,868,027
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 277,498 N/A 277,498 277,498
J. Utilities 34,676,640 N/A 34,676,640 34,676,640
L1. Commercial Personal 37,744,270 N/A 37,744,270 37,744,270
L2. Industrial Personal 4,025,740 N/A 4,025,740 4,025,740
M. Other Personal 6,445,020 N/A 6,445,020 6,445,020
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 66,371,560 N/A 66,371,560 66,371,560
S. Special Inventory 466,000 N/A 466,000 466,000
Subtotal 4,079,128,605 4,366,230,199 4,079,128,605
Less Total Deductions 490,917,516   572,029,749 490,917,516
Total Taxable Value 3,588,211,089 3,794,200,450 3,588,211,089 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
3,634,790,091 3,588,211,089 3,567,986,988 3,521,407,986


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
46,579,002 66,803,103


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
3,634,790,091 3,588,211,089 3,567,986,988 3,521,407,986

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 invalid, but local value was certified because your school district is in year two of the grace period.