taxes Property Tax Assistance

2017 ISD Summary Worksheet

186/Pecos

186-903/Iraan-Sheffield ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 29,027,680 N/A 29,027,680 29,027,680
B. Multi-Family Residences 51,470 N/A 51,470 51,470
C1. Vacant Lots 289,520 N/A 289,520 289,520
C2. Colonia Lots 22,630 N/A 22,630 22,630
D1. Rural Real(Taxable) 3,767,950 .7976 4,723,874 3,767,950
D2. Real Prop Farm & Ranch 3,641,000 N/A 3,641,000 3,641,000
E. Real Prop NonQual Acres 6,431,490 N/A 6,431,490 6,431,490
F1. Commercial Real 5,534,790 N/A 5,534,790 5,534,790
F2. Industrial Real 145,549,780 N/A 145,549,780 145,549,780
G. Oil, Gas, Minerals 656,928,630 1.0204 643,795,208 656,928,630
J. Utilities 67,337,450 1.0023 67,182,929 67,337,450
L1. Commercial Personal 2,173,560 N/A 2,173,560 2,173,560
L2. Industrial Personal 401,324,787 N/A 401,324,787 401,324,787
M. Other Personal 2,848,870 N/A 2,848,870 2,848,870
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 1,324,929,607 1,312,597,588 1,324,929,607
Less Total Deductions 361,464,532   361,464,532 361,464,532
Total Taxable Value 963,465,075 951,133,056 963,465,075 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
966,588,585 963,465,075 964,557,705 961,434,195


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,123,510 2,030,880


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
1,316,927,085 1,313,803,575 1,314,896,205 1,311,772,695

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