taxes Property Tax Assistance

2017 ISD Summary Worksheet

161/McLennan

161-924/Hallsburg ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 30,749,710 N/A 30,749,710 30,749,710
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,442,670 N/A 1,442,670 1,442,670
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,428,769 N/A 1,428,769 1,428,769
D2. Real Prop Farm & Ranch 1,494,246 N/A 1,494,246 1,494,246
E. Real Prop NonQual Acres 33,006,899 N/A 33,006,899 33,006,899
F1. Commercial Real 1,311,680 N/A 1,311,680 1,311,680
F2. Industrial Real 2,857,820 N/A 2,857,820 2,857,820
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 10,750,820 N/A 10,750,820 10,750,820
L1. Commercial Personal 2,993,550 N/A 2,993,550 2,993,550
L2. Industrial Personal 110,000 N/A 110,000 110,000
M. Other Personal 880,630 N/A 880,630 880,630
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 17,790 N/A 17,790 17,790
Subtotal 87,044,584 87,044,584 87,044,584
Less Total Deductions 17,687,877   17,687,877 17,687,877
Total Taxable Value 69,356,707 69,356,707 69,356,707 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
72,483,872 69,356,707 72,483,872 69,356,707


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,127,165 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
72,483,872 69,356,707 72,483,872 69,356,707

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