taxes Property Tax Assistance

2017 ISD Summary Worksheet

081/Freestone

175-903/Corsicana ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 177,907 N/A 177,907 177,907
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 221,206 N/A 221,206 221,206
D2. Real Prop Farm & Ranch 2,907 N/A 2,907 2,907
E. Real Prop NonQual Acres 463,287 N/A 463,287 463,287
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 4,130 N/A 4,130 4,130
J. Utilities 6,014,920 N/A 6,014,920 6,014,920
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 87,674 N/A 87,674 87,674
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 6,972,031 6,972,031 6,972,031
Less Total Deductions 150,579   150,579 150,579
Total Taxable Value 6,821,452 6,821,452 6,821,452 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
6,861,452 6,821,452 6,861,452 6,821,452


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
40,000 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
6,861,452 6,821,452 6,861,452 6,821,452

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

175/Navarro

175-903/Corsicana ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 690,138,419 1.0037 687,594,320 690,138,419
B. Multi-Family Residences 32,909,810 N/A 32,909,810 32,909,810
C1. Vacant Lots 28,971,564 N/A 28,971,564 28,971,564
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,062,396 1.0890 11,076,890 12,062,396
D2. Real Prop Farm & Ranch 2,302,432 N/A 2,302,432 2,302,432
E. Real Prop NonQual Acres 145,427,477 1.0207 142,478,179 145,427,477
F1. Commercial Real 255,919,549 .9061 282,440,734 255,919,549
F2. Industrial Real 130,038,840 N/A 130,038,840 130,038,840
G. Oil, Gas, Minerals 782,419 N/A 782,419 782,419
J. Utilities 105,228,660 .7013 150,047,997 105,228,660
L1. Commercial Personal 89,980,760 .9743 92,354,265 89,980,760
L2. Industrial Personal 286,562,190 N/A 286,562,190 286,562,190
M. Other Personal 10,820,460 N/A 10,820,460 10,820,460
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 747,390 N/A 747,390 747,390
S. Special Inventory 10,112,850 N/A 10,112,850 10,112,850
Subtotal 1,802,005,216 1,869,240,340 1,802,005,216
Less Total Deductions 263,110,775   262,157,995 263,110,775
Total Taxable Value 1,538,894,441 1,607,082,345 1,538,894,441 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
1,589,577,551 1,538,894,441 1,589,577,551 1,538,894,441


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
50,683,110 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
1,589,577,551 1,538,894,441 1,589,577,551 1,538,894,441

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

175-903/Corsicana ISD



Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 690,316,326 1.0037 687,772,227 690,316,326
B. Multi-Family Residences 32,909,810 N/A 32,909,810 32,909,810
C1. Vacant Lots 28,971,564 N/A 28,971,564 28,971,564
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,283,602 1.0872 11,298,096 12,283,602
D2. Real Prop Farm & Ranch 2,305,339 N/A 2,305,339 2,305,339
E. Real Prop NonQual Acres 145,890,764 1.0206 142,941,466 145,890,764
F1. Commercial Real 255,919,549 .9061 282,440,734 255,919,549
F2. Industrial Real 130,038,840 N/A 130,038,840 130,038,840
G. Oil, Gas, Minerals 786,549 N/A 786,549 786,549
J. Utilities 111,243,580 .7128 156,062,917 111,243,580
L1. Commercial Personal 89,980,760 .9743 92,354,265 89,980,760
L2. Industrial Personal 286,562,190 N/A 286,562,190 286,562,190
M. Other Personal 10,908,134 N/A 10,908,134 10,908,134
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 747,390 N/A 747,390 747,390
S. Special Inventory 10,112,850 N/A 10,112,850 10,112,850
Subtotal 1,808,977,247 1,876,212,371 1,808,977,247
Less Total Deductions 263,261,354   262,308,574 263,261,354
Total Taxable Value 1,545,715,893 1,613,903,797 1,545,715,893 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

Comptroller Of Public Accounts - Property Tax Division

2017 ISD Summary Worksheet

175-903/Corsicana ISD

Final Values Worksheet

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
1,596,439,003 1,545,715,893 1,596,439,003 1,545,715,893


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
50,723,110 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
1,596,439,003 1,545,715,893 1,596,439,003 1,545,715,893

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