taxes Property Tax Assistance

2017 ISD Summary Worksheet

056/Dallam

056-902/Texline 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 6,285,930 N/A 6,285,930 6,285,930
B. Multi-Family Residences 504,900 N/A 504,900 504,900
C1. Vacant Lots 248,970 N/A 248,970 248,970
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 55,013,851 .8268 66,538,233 55,013,851
D2. Real Prop Farm & Ranch 6,086,310 N/A 6,086,310 6,086,310
E. Real Prop NonQual Acres 15,650,310 .9189 17,031,570 15,650,310
F1. Commercial Real 3,213,410 N/A 3,213,410 3,213,410
F2. Industrial Real 34,042,210 N/A 34,042,210 34,042,210
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 32,692,570 1.0015 32,643,605 32,692,570
L1. Commercial Personal 21,778,660 .9914 21,967,581 21,778,660
L2. Industrial Personal 5,988,690 N/A 5,988,690 5,988,690
M. Other Personal 1,045,700 N/A 1,045,700 1,045,700
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 182,551,511 195,597,109 182,551,511
Less Total Deductions 4,972,277   4,972,277 4,972,277
Total Taxable Value 177,579,234 190,624,832 177,579,234 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
178,518,346 177,579,234 178,518,346 177,579,234


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
939,112 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
178,518,346 177,579,234 178,518,346 177,579,234

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.