taxes Property Tax Assistance

2017 ISD Summary Worksheet

147/Limestone

147-901/Coolidge ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 12,252,170 .8295 14,770,549 14,770,549
B. Multi-Family Residences 246,370 N/A 246,370 246,370
C1. Vacant Lots 356,570 N/A 356,570 356,570
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,559,180 1.1607 3,928,023 3,928,023
D2. Real Prop Farm & Ranch 1,239,435 N/A 1,239,435 1,239,435
E. Real Prop NonQual Acres 15,589,169 .9330 16,708,648 16,708,648
F1. Commercial Real 1,930,600 N/A 1,930,600 1,930,600
F2. Industrial Real 998,940 N/A 998,940 998,940
G. Oil, Gas, Minerals 5,310 N/A 5,310 5,310
J. Utilities 4,321,380 1.2453 3,470,152 3,470,152
L1. Commercial Personal 727,549 N/A 727,549 727,549
L2. Industrial Personal 3,631,320 N/A 3,631,320 3,631,320
M. Other Personal 1,890,970 N/A 1,890,970 1,890,970
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 47,748,963 49,904,436 49,904,436
Less Total Deductions 8,248,832   9,622,611 9,622,611
Total Taxable Value 39,500,131 40,281,825 40,281,825 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
42,146,205 40,281,825 42,146,205 40,281,825


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,864,380 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
42,146,205 40,281,825 42,146,205 40,281,825

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 taxable value to be invalid, and state value was certified because your local value

did not exceed the state value and:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)