taxes Property Tax Assistance

2017 ISD Summary Worksheet

075/Fayette

075-903/Schulenburg ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 123,586,746 N/A 123,586,746 123,586,746
B. Multi-Family Residences 5,326,670 N/A 5,326,670 5,326,670
C1. Vacant Lots 5,364,831 N/A 5,364,831 5,364,831
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,624,764 N/A 6,624,764 6,624,764
D2. Real Prop Farm & Ranch 213,350 N/A 213,350 213,350
E. Real Prop NonQual Acres 174,182,836 N/A 174,182,836 174,182,836
F1. Commercial Real 64,053,540 N/A 64,053,540 64,053,540
F2. Industrial Real 24,662,570 N/A 24,662,570 24,662,570
G. Oil, Gas, Minerals 1,203,670 N/A 1,203,670 1,203,670
J. Utilities 20,459,040 N/A 20,459,040 20,459,040
L1. Commercial Personal 14,846,460 N/A 14,846,460 14,846,460
L2. Industrial Personal 84,470,380 N/A 84,470,380 84,470,380
M. Other Personal 2,698,130 N/A 2,698,130 2,698,130
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 179,060 N/A 179,060 179,060
S. Special Inventory 1,524,830 N/A 1,524,830 1,524,830
Subtotal 529,396,877 529,396,877 529,396,877
Less Total Deductions 68,106,142   68,106,142 68,106,142
Total Taxable Value 461,290,735 461,290,735 461,290,735 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
473,971,987 461,290,735 473,971,987 461,290,735


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,681,252 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
473,971,987 461,290,735 473,971,987 461,290,735

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