taxes Property Tax Assistance

2017 ISD Summary Worksheet

035/Castro

035-901/Dimmitt ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 77,658,290 .9695 80,101,382 77,658,290
B. Multi-Family Residences 1,609,730 N/A 1,609,730 1,609,730
C1. Vacant Lots 1,048,780 N/A 1,048,780 1,048,780
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 42,643,280 1.4284 29,854,608 42,643,280
D2. Real Prop Farm & Ranch 12,365,610 .9779 12,645,066 12,365,610
E. Real Prop NonQual Acres 14,636,970 .9923 14,750,549 14,636,970
F1. Commercial Real 14,111,310 .9519 14,824,362 14,111,310
F2. Industrial Real 1,277,214,900 N/A 1,277,214,900 1,277,214,900
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 53,742,810 .7761 69,247,275 53,742,810
L1. Commercial Personal 12,789,590 .9817 13,028,002 12,789,590
L2. Industrial Personal 24,296,820 N/A 24,296,820 24,296,820
M. Other Personal 576,150 N/A 576,150 576,150
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 1,362,320 N/A 1,362,320 1,362,320
Subtotal 1,534,056,560 1,540,559,944 1,534,056,560
Less Total Deductions 619,012,573   619,837,719 619,012,573
Total Taxable Value 915,043,987 920,722,225 915,043,987 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
922,506,267 915,043,987 922,506,267 915,043,987


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,462,280 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
1,512,146,707 1,504,684,427 1,512,146,707 1,504,684,427

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