taxes Property Tax Assistance

2017 ISD Summary Worksheet

153/Lynn

153-907/Wilson 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 9,712,250 .9045 10,737,700 9,712,250
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 236,020 N/A 236,020 236,020
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 14,737,460 .9349 15,763,106 14,737,460
D2. Real Prop Farm & Ranch 1,824,440 N/A 1,824,440 1,824,440
E. Real Prop NonQual Acres 10,872,190 .8693 12,506,833 10,872,190
F1. Commercial Real 574,370 N/A 574,370 574,370
F2. Industrial Real 3,220,850 N/A 3,220,850 3,220,850
G. Oil, Gas, Minerals 790,800 N/A 790,800 790,800
J. Utilities 3,856,800 .8013 4,813,179 3,856,800
L1. Commercial Personal 377,400 N/A 377,400 377,400
L2. Industrial Personal 1,727,950 N/A 1,727,950 1,727,950
M. Other Personal 516,920 N/A 516,920 516,920
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 26,770 N/A 26,770 26,770
Subtotal 48,474,220 53,116,338 48,474,220
Less Total Deductions 6,988,081   7,590,731 6,988,081
Total Taxable Value 41,486,139 45,525,607 41,486,139 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
42,998,199 41,486,139 42,998,199 41,486,139


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,512,060 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
42,998,199 41,486,139 42,998,199 41,486,139

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.