taxes Property Tax Assistance

2017 ISD Summary Worksheet

176/Newton

176-901/Burkeville ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 109,740,301 N/A 109,740,301 109,740,301
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 9,444,085 N/A 9,444,085 9,444,085
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 41,101,973 N/A 41,101,973 41,101,973
D2. Real Prop Farm & Ranch 372,308 N/A 372,308 372,308
E. Real Prop NonQual Acres 24,767,138 N/A 24,767,138 24,767,138
F1. Commercial Real 4,277,745 N/A 4,277,745 4,277,745
F2. Industrial Real 890,625 N/A 890,625 890,625
G. Oil, Gas, Minerals 20,563,010 N/A 20,563,010 20,563,010
J. Utilities 16,981,435 N/A 16,981,435 16,981,435
L1. Commercial Personal 818,235 N/A 818,235 818,235
L2. Industrial Personal 2,552,100 N/A 2,552,100 2,552,100
M. Other Personal 5,831,923 N/A 5,831,923 5,831,923
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 237,340,878 237,340,878 237,340,878
Less Total Deductions 39,138,073   39,138,073 39,138,073
Total Taxable Value 198,202,805 198,202,805 198,202,805 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
203,814,741 198,202,805 197,938,497 192,326,561


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,611,936 5,876,244


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
203,814,741 198,202,805 197,938,497 192,326,561

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