taxes Property Tax Assistance

2017 ISD Summary Worksheet

188/Potter

188-901/Amarillo ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 6,539,679,548 .9778 6,688,156,625 6,539,679,548
B. Multi-Family Residences 410,924,121 .7625 538,916,880 410,924,121
C1. Vacant Lots 83,941,444 N/A 83,941,444 83,941,444
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 488,540 1.1189 436,624 488,540
D2. Real Prop Farm & Ranch 40,308 N/A 40,308 40,308
E. Real Prop NonQual Acres 423,148 N/A 423,148 423,148
F1. Commercial Real 1,706,918,819 .9267 1,841,932,469 1,706,918,819
F2. Industrial Real 7,938,290 N/A 7,938,290 7,938,290
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 319,975,875 .8904 359,361,944 319,975,875
L1. Commercial Personal 885,307,239 1.0054 880,552,257 885,307,239
L2. Industrial Personal 36,693,838 N/A 36,693,838 36,693,838
M. Other Personal 11,848,331 N/A 11,848,331 11,848,331
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 4,431,985 N/A 4,431,985 4,431,985
S. Special Inventory 43,510,042 N/A 43,510,042 43,510,042
Subtotal 10,052,121,528 10,498,184,185 10,052,121,528
Less Total Deductions 1,460,413,821   1,505,145,897 1,460,413,821
Total Taxable Value 8,591,707,707 8,993,038,288 8,591,707,707 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
8,888,957,352 8,591,707,707 8,888,957,352 8,591,707,707


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
297,249,645 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
8,888,957,352 8,591,707,707 8,888,957,352 8,591,707,707

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