taxes Property Tax Assistance

2017 ISD Summary Worksheet

210/Shelby

210-901/Center ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 157,951,659 .9180 172,060,631 157,951,659
B. Multi-Family Residences 1,995,820 N/A 1,995,820 1,995,820
C1. Vacant Lots 4,332,941 N/A 4,332,941 4,332,941
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 18,778,234 .9847 19,069,801 18,778,234
D2. Real Prop Farm & Ranch 12,595,342 N/A 12,595,342 12,595,342
E. Real Prop NonQual Acres 95,059,282 .8461 112,349,937 95,059,282
F1. Commercial Real 108,446,428 .9056 119,750,914 108,446,428
F2. Industrial Real 18,588,570 N/A 18,588,570 18,588,570
G. Oil, Gas, Minerals 44,834,700 .9726 46,097,779 44,834,700
J. Utilities 54,216,230 1.0954 49,494,459 54,216,230
L1. Commercial Personal 42,239,574 .9385 45,007,538 42,239,574
L2. Industrial Personal 58,767,190 N/A 58,767,190 58,767,190
M. Other Personal 9,926,530 N/A 9,926,530 9,926,530
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 91,720 N/A 91,720 91,720
S. Special Inventory 3,436,280 N/A 3,436,280 3,436,280
Subtotal 631,260,500 673,565,452 631,260,500
Less Total Deductions 86,085,613   92,072,870 86,085,613
Total Taxable Value 545,174,887 581,492,582 545,174,887 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
561,702,973 545,174,887 544,789,397 528,261,311


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
16,528,086 16,913,576


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
561,702,973 545,174,887 544,789,397 528,261,311

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 invalid, but local value was certified because your school district is in year one of the grace period.