taxes Property Tax Assistance

2017 ISD Summary Worksheet

092/Gregg

092-906/Sabine ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 214,842,311 1.0054 213,688,394 214,842,311
B. Multi-Family Residences 4,956,620 N/A 4,956,620 4,956,620
C1. Vacant Lots 4,059,180 N/A 4,059,180 4,059,180
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,309,971 .9567 2,414,583 2,309,971
D2. Real Prop Farm & Ranch 524,960 N/A 524,960 524,960
E. Real Prop NonQual Acres 76,034,853 .8408 90,431,557 76,034,853
F1. Commercial Real 41,362,390 .9439 43,820,733 41,362,390
F2. Industrial Real 11,021,310 N/A 11,021,310 11,021,310
G. Oil, Gas, Minerals 8,199,118 N/A 8,199,118 8,199,118
J. Utilities 13,001,040 N/A 13,001,040 13,001,040
L1. Commercial Personal 47,871,930 .9822 48,739,493 47,871,930
L2. Industrial Personal 77,591,360 N/A 77,591,360 77,591,360
M. Other Personal 3,589,890 N/A 3,589,890 3,589,890
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 4,514,110 N/A 4,514,110 4,514,110
S. Special Inventory 1,062,520 N/A 1,062,520 1,062,520
Subtotal 510,941,563 527,614,868 510,941,563
Less Total Deductions 84,597,327   84,176,959 84,597,327
Total Taxable Value 426,344,236 443,437,909 426,344,236 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
440,070,544 426,344,236 418,737,558 405,011,250


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
13,726,308 21,332,986


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
440,070,544 426,344,236 418,737,558 405,011,250

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