taxes Property Tax Assistance

2017 ISD Summary Worksheet

111/Hood

111-903/Tolar ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 55,419,190 N/A 55,419,190 55,419,190
B. Multi-Family Residences 1,281,590 N/A 1,281,590 1,281,590
C1. Vacant Lots 4,419,000 N/A 4,419,000 4,419,000
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,256,450 N/A 6,256,450 6,256,450
D2. Real Prop Farm & Ranch 5,841,890 N/A 5,841,890 5,841,890
E. Real Prop NonQual Acres 96,130,570 N/A 96,130,570 96,130,570
F1. Commercial Real 10,570,690 N/A 10,570,690 10,570,690
F2. Industrial Real 9,921,110 N/A 9,921,110 9,921,110
G. Oil, Gas, Minerals 848,850 N/A 848,850 848,850
J. Utilities 43,942,250 N/A 43,942,250 43,942,250
L1. Commercial Personal 4,170,930 N/A 4,170,930 4,170,930
L2. Industrial Personal 5,077,720 N/A 5,077,720 5,077,720
M. Other Personal 2,052,410 N/A 2,052,410 2,052,410
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 67,200 N/A 67,200 67,200
S. Special Inventory 0 N/A 0 0
Subtotal 245,999,850 245,999,850 245,999,850
Less Total Deductions 27,261,345   27,261,345 27,261,345
Total Taxable Value 218,738,505 218,738,505 218,738,505 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
224,502,002 218,738,505 224,502,002 218,738,505


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,763,497 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
224,502,002 218,738,505 224,502,002 218,738,505

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