taxes Property Tax Assistance

2017 ISD Summary Worksheet

161/McLennan

161-906/La Vega ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 261,397,457 N/A 261,397,457 261,397,457
B. Multi-Family Residences 16,450,879 N/A 16,450,879 16,450,879
C1. Vacant Lots 18,373,701 N/A 18,373,701 18,373,701
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,461,270 N/A 1,461,270 1,461,270
D2. Real Prop Farm & Ranch 819,491 N/A 819,491 819,491
E. Real Prop NonQual Acres 23,238,467 N/A 23,238,467 23,238,467
F1. Commercial Real 258,956,734 N/A 258,956,734 258,956,734
F2. Industrial Real 123,529,714 N/A 123,529,714 123,529,714
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 32,711,230 N/A 32,711,230 32,711,230
L1. Commercial Personal 163,028,280 N/A 163,028,280 163,028,280
L2. Industrial Personal 15,288,160 N/A 15,288,160 15,288,160
M. Other Personal 4,476,980 N/A 4,476,980 4,476,980
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 654,100 N/A 654,100 654,100
S. Special Inventory 687,390 N/A 687,390 687,390
Subtotal 921,073,853 921,073,853 921,073,853
Less Total Deductions 115,510,758   115,510,758 115,510,758
Total Taxable Value 805,563,095 805,563,095 805,563,095 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
826,399,216 805,563,095 826,399,216 805,563,095


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,836,121 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
826,399,216 805,563,095 826,399,216 805,563,095

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