taxes Property Tax Assistance

2017 ISD Summary Worksheet

035/Castro

140-907/Springlake-Earth ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 500,660 N/A 500,660 500,660
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 3,380 N/A 3,380 3,380
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,079,970 1.2538 7,242,039 9,079,970
D2. Real Prop Farm & Ranch 2,439,520 1.0030 2,432,223 2,439,520
E. Real Prop NonQual Acres 2,524,660 .9494 2,659,216 2,524,660
F1. Commercial Real 92,510 N/A 92,510 92,510
F2. Industrial Real 7,000,540 N/A 7,000,540 7,000,540
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 5,376,560 .7616 7,059,559 5,376,560
L1. Commercial Personal 50,090 N/A 50,090 50,090
L2. Industrial Personal 349,070 N/A 349,070 349,070
M. Other Personal 43,010 N/A 43,010 43,010
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 27,459,970 27,432,297 27,459,970
Less Total Deductions 598,573   598,573 598,573
Total Taxable Value 26,861,397 26,833,724 26,861,397 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
26,997,417 26,861,397 26,997,417 26,861,397


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
136,020 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
26,997,417 26,861,397 26,997,417 26,861,397

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 local value is greater than PTAD value.

140/Lamb

140-907/Springlake-Earth ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 16,482,420 .8507 19,375,126 16,482,420
B. Multi-Family Residences 18,870 N/A 18,870 18,870
C1. Vacant Lots 215,930 N/A 215,930 215,930
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 13,732,530 1.4041 9,780,049 13,732,530
D2. Real Prop Farm & Ranch 1,133,861 N/A 1,133,861 1,133,861
E. Real Prop NonQual Acres 9,827,498 .9327 10,536,612 9,827,498
F1. Commercial Real 2,066,240 N/A 2,066,240 2,066,240
F2. Industrial Real 1,811,340 N/A 1,811,340 1,811,340
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 7,259,940 .7913 9,174,700 7,259,940
L1. Commercial Personal 1,620,920 N/A 1,620,920 1,620,920
L2. Industrial Personal 2,886,700 N/A 2,886,700 2,886,700
M. Other Personal 95,070 N/A 95,070 95,070
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 57,151,319 58,715,418 57,151,319
Less Total Deductions 8,111,767   8,974,165 8,111,767
Total Taxable Value 49,039,552 49,741,253 49,039,552 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
50,962,194 49,039,552 50,962,194 49,039,552


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,922,642 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
50,962,194 49,039,552 50,962,194 49,039,552

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

140-907/Springlake-Earth ISD



Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 16,983,080 .8545 19,875,786 16,983,080
B. Multi-Family Residences 18,870 N/A 18,870 18,870
C1. Vacant Lots 219,310 N/A 219,310 219,310
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 22,812,500 1.3402 17,022,088 22,812,500
D2. Real Prop Farm & Ranch 3,573,381 1.0020 3,566,084 3,573,381
E. Real Prop NonQual Acres 12,352,158 .9361 13,195,828 12,352,158
F1. Commercial Real 2,158,750 N/A 2,158,750 2,158,750
F2. Industrial Real 8,811,880 N/A 8,811,880 8,811,880
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 12,636,500 .7784 16,234,259 12,636,500
L1. Commercial Personal 1,671,010 N/A 1,671,010 1,671,010
L2. Industrial Personal 3,235,770 N/A 3,235,770 3,235,770
M. Other Personal 138,080 N/A 138,080 138,080
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 84,611,289 86,147,715 84,611,289
Less Total Deductions 8,710,340   9,572,738 8,710,340
Total Taxable Value 75,900,949 76,574,977 75,900,949 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

Comptroller Of Public Accounts - Property Tax Division

2017 ISD Summary Worksheet

140-907/Springlake-Earth ISD

Final Values Worksheet

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
77,959,611 75,900,949 77,959,611 75,900,949


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,058,662 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
77,959,611 75,900,949 77,959,611 75,900,949

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