taxes Property Tax Assistance

2017 ISD Summary Worksheet

160/McCulloch

160-904/Rochelle ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 3,887,780 N/A 3,887,780 3,887,780
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 379,260 N/A 379,260 379,260
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 16,536,530 N/A 16,536,530 16,536,530
D2. Real Prop Farm & Ranch 3,076,780 N/A 3,076,780 3,076,780
E. Real Prop NonQual Acres 43,893,410 N/A 43,893,410 43,893,410
F1. Commercial Real 163,620 N/A 163,620 163,620
F2. Industrial Real 27,060 N/A 27,060 27,060
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 6,410,790 N/A 6,410,790 6,410,790
L1. Commercial Personal 1,574,240 N/A 1,574,240 1,574,240
L2. Industrial Personal 701,290 N/A 701,290 701,290
M. Other Personal 1,730,700 N/A 1,730,700 1,730,700
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 78,381,460 78,381,460 78,381,460
Less Total Deductions 12,177,406   12,177,406 12,177,406
Total Taxable Value 66,204,054 66,204,054 66,204,054 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
68,582,614 66,204,054 68,582,614 66,204,054


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,378,560 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
68,582,614 66,204,054 68,582,614 66,204,054

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