taxes Property Tax Assistance

2017 ISD Summary Worksheet

188/Potter

191-901/Canyon ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 3,615,345,188 .9606 3,763,632,301 3,615,345,188
B. Multi-Family Residences 170,672,730 N/A 170,672,730 170,672,730
C1. Vacant Lots 112,239,039 N/A 112,239,039 112,239,039
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 29,228,021 1.6266 17,968,562 29,228,021
D2. Real Prop Farm & Ranch 3,801,186 N/A 3,801,186 3,801,186
E. Real Prop NonQual Acres 37,832,139 N/A 37,832,139 37,832,139
F1. Commercial Real 467,477,403 .9390 497,846,010 467,477,403
F2. Industrial Real 179,814,570 N/A 179,814,570 179,814,570
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 138,358,600 N/A 138,358,600 138,358,600
L1. Commercial Personal 298,382,121 .9994 298,561,258 298,382,121
L2. Industrial Personal 196,464,164 N/A 196,464,164 196,464,164
M. Other Personal 25,021,149 N/A 25,021,149 25,021,149
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 8,723,785 N/A 8,723,785 8,723,785
S. Special Inventory 28,698,800 N/A 28,698,800 28,698,800
Subtotal 5,312,058,895 5,479,634,293 5,312,058,895
Less Total Deductions 732,900,852   770,218,338 732,900,852
Total Taxable Value 4,579,158,043 4,709,415,955 4,579,158,043 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
4,699,330,004 4,579,158,043 4,699,330,004 4,579,158,043


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
120,171,961 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
4,778,121,954 4,657,949,993 4,778,121,954 4,657,949,993

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