taxes Property Tax Assistance

2017 ISD Summary Worksheet

133/Kerr

133-905/Divide ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 214,025 N/A 214,025 214,025
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 114,000 N/A 114,000 114,000
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,635,009 .8925 11,915,865 10,635,009
D2. Real Prop Farm & Ranch 792,271 N/A 792,271 792,271
E. Real Prop NonQual Acres 48,785,703 1.0908 44,724,700 48,785,703
F1. Commercial Real 388,238 N/A 388,238 388,238
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 3,943,348 .8410 4,688,880 3,943,348
L1. Commercial Personal 985,336 N/A 985,336 985,336
L2. Industrial Personal 315,699 N/A 315,699 315,699
M. Other Personal 742,478 N/A 742,478 742,478
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 353,837 N/A 353,837 353,837
S. Special Inventory 0 N/A 0 0
Subtotal 67,269,944 65,235,329 67,269,944
Less Total Deductions 2,939,868   2,939,868 2,939,868
Total Taxable Value 64,330,076 62,295,461 64,330,076 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
64,661,092 64,330,076 64,661,092 64,330,076


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
331,016 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
64,661,092 64,330,076 64,661,092 64,330,076

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