taxes Property Tax Assistance

2017 ISD Summary Worksheet

074/Fannin

074-904/Dodd City ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 23,097,900 .9472 24,385,452 23,097,900
B. Multi-Family Residences 185,010 N/A 185,010 185,010
C1. Vacant Lots 418,800 N/A 418,800 418,800
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,625,840 .9176 2,861,534 2,625,840
D2. Real Prop Farm & Ranch 987,093 N/A 987,093 987,093
E. Real Prop NonQual Acres 27,001,247 .8906 30,318,041 27,001,247
F1. Commercial Real 1,366,130 N/A 1,366,130 1,366,130
F2. Industrial Real 1,051,250 N/A 1,051,250 1,051,250
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 3,731,250 1.2453 2,996,266 3,731,250
L1. Commercial Personal 7,626,570 N/A 7,626,570 7,626,570
L2. Industrial Personal 994,560 N/A 994,560 994,560
M. Other Personal 123,670 N/A 123,670 123,670
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 30,000 N/A 30,000 30,000
S. Special Inventory 30,250 N/A 30,250 30,250
Subtotal 69,269,570 73,374,626 69,269,570
Less Total Deductions 15,306,841   16,025,873 15,306,841
Total Taxable Value 53,962,729 57,348,753 53,962,729 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
56,898,106 53,962,729 56,898,106 53,962,729


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,935,377 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
56,898,106 53,962,729 56,898,106 53,962,729

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