taxes Property Tax Assistance

2017 ISD Summary Worksheet

212/Smith

212-909/Chapel Hill ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 741,223,939 1.0027 739,228,023 741,223,939
B. Multi-Family Residences 91,957,365 .8486 108,363,617 91,957,365
C1. Vacant Lots 26,710,059 N/A 26,710,059 26,710,059
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,757,987 1.1229 8,689,972 9,757,987
D2. Real Prop Farm & Ranch 1,625,629 N/A 1,625,629 1,625,629
E. Real Prop NonQual Acres 169,317,805 1.0327 163,956,430 169,317,805
F1. Commercial Real 100,231,376 .9619 104,201,451 100,231,376
F2. Industrial Real 7,078,072 N/A 7,078,072 7,078,072
G. Oil, Gas, Minerals 19,767,915 N/A 19,767,915 19,767,915
J. Utilities 46,562,632 N/A 46,562,632 46,562,632
L1. Commercial Personal 74,661,912 .8864 84,230,496 74,661,912
L2. Industrial Personal 115,257,915 N/A 115,257,915 115,257,915
M. Other Personal 13,314,092 N/A 13,314,092 13,314,092
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,019,589 N/A 1,019,589 1,019,589
S. Special Inventory 3,065,919 N/A 3,065,919 3,065,919
Subtotal 1,421,552,206 1,443,071,811 1,421,552,206
Less Total Deductions 214,306,578   213,500,904 214,306,578
Total Taxable Value 1,207,245,628 1,229,570,907 1,207,245,628 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
1,247,085,198 1,207,245,628 1,247,085,198 1,207,245,628


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
39,839,570 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
1,247,085,198 1,207,245,628 1,247,085,198 1,207,245,628

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