taxes Property Tax Assistance

2017 ISD Summary Worksheet

081/Freestone

081-904/Teague ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 99,161,810 .9316 106,442,475 99,161,810
B. Multi-Family Residences 457,427 N/A 457,427 457,427
C1. Vacant Lots 2,455,603 N/A 2,455,603 2,455,603
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,956,322 .9906 12,069,833 11,956,322
D2. Real Prop Farm & Ranch 7,357,923 N/A 7,357,923 7,357,923
E. Real Prop NonQual Acres 118,032,008 1.0483 112,593,731 118,032,008
F1. Commercial Real 14,710,493 N/A 14,710,493 14,710,493
F2. Industrial Real 14,418,740 N/A 14,418,740 14,418,740
G. Oil, Gas, Minerals 122,205,420 .9928 123,091,680 122,205,420
J. Utilities 307,190,545 .9874 311,110,538 307,190,545
L1. Commercial Personal 13,381,008 N/A 13,381,008 13,381,008
L2. Industrial Personal 52,420,655 N/A 52,420,655 52,420,655
M. Other Personal 11,100,424 N/A 11,100,424 11,100,424
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 90,435 N/A 90,435 90,435
S. Special Inventory 194,977 N/A 194,977 194,977
Subtotal 775,133,790 781,895,942 775,133,790
Less Total Deductions 70,320,800   74,104,690 70,320,800
Total Taxable Value 704,812,990 707,791,252 704,812,990 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
716,224,958 704,812,990 716,224,958 704,812,990


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,411,968 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
716,224,958 704,812,990 716,224,958 704,812,990

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