taxes Property Tax Assistance

2017 ISD Summary Worksheet

153/Lynn

153-904/Tahoka ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 59,496,520 .9232 64,445,971 59,496,520
B. Multi-Family Residences 321,210 N/A 321,210 321,210
C1. Vacant Lots 554,170 N/A 554,170 554,170
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 24,449,720 .8209 29,782,525 24,449,720
D2. Real Prop Farm & Ranch 2,590,120 N/A 2,590,120 2,590,120
E. Real Prop NonQual Acres 11,022,000 .9027 12,210,037 11,022,000
F1. Commercial Real 10,192,430 .9569 10,651,510 10,192,430
F2. Industrial Real 2,187,910 N/A 2,187,910 2,187,910
G. Oil, Gas, Minerals 1,440,210 N/A 1,440,210 1,440,210
J. Utilities 20,781,960 .8581 24,218,576 20,781,960
L1. Commercial Personal 5,494,660 N/A 5,494,660 5,494,660
L2. Industrial Personal 4,357,490 N/A 4,357,490 4,357,490
M. Other Personal 1,207,040 N/A 1,207,040 1,207,040
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 421,480 N/A 421,480 421,480
Subtotal 144,516,920 159,882,909 144,516,920
Less Total Deductions 25,235,711   26,692,149 25,235,711
Total Taxable Value 119,281,209 133,190,760 119,281,209 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
124,754,499 119,281,209 124,754,499 119,281,209


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,473,290 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
124,754,499 119,281,209 124,754,499 119,281,209

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 one of the grace period.

223/Terry

153-904/Tahoka ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 0 N/A 0 0
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 331,736 N/A 331,736 331,736
D2. Real Prop Farm & Ranch 270 N/A 270 270
E. Real Prop NonQual Acres 164,500 N/A 164,500 164,500
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 54,479 N/A 54,479 54,479
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 2,403 N/A 2,403 2,403
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 553,388 553,388 553,388
Less Total Deductions 0   0 0
Total Taxable Value 553,388 553,388 553,388 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
553,388 553,388 553,388 553,388


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 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
553,388 553,388 553,388 553,388

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

153-904/Tahoka ISD



Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 59,496,520 .9232 64,445,971 59,496,520
B. Multi-Family Residences 321,210 N/A 321,210 321,210
C1. Vacant Lots 554,170 N/A 554,170 554,170
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 24,781,456 .8229 30,114,261 24,781,456
D2. Real Prop Farm & Ranch 2,590,390 N/A 2,590,390 2,590,390
E. Real Prop NonQual Acres 11,186,500 .9040 12,374,537 11,186,500
F1. Commercial Real 10,192,430 .9569 10,651,510 10,192,430
F2. Industrial Real 2,187,910 N/A 2,187,910 2,187,910
G. Oil, Gas, Minerals 1,440,210 N/A 1,440,210 1,440,210
J. Utilities 20,836,439 .8584 24,273,055 20,836,439
L1. Commercial Personal 5,494,660 N/A 5,494,660 5,494,660
L2. Industrial Personal 4,359,893 N/A 4,359,893 4,359,893
M. Other Personal 1,207,040 N/A 1,207,040 1,207,040
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 421,480 N/A 421,480 421,480
Subtotal 145,070,308 160,436,297 145,070,308
Less Total Deductions 25,235,711   26,692,149 25,235,711
Total Taxable Value 119,834,597 133,744,148 119,834,597 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

153-904/Tahoka 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
125,307,887 119,834,597 125,307,887 119,834,597


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,473,290 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
125,307,887 119,834,597 125,307,887 119,834,597

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