taxes Property Tax Assistance

2017 ISD Summary Worksheet

187/Polk

187-904/Corrigan-Camden ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 90,701,579 .9609 94,392,319 90,701,579
B. Multi-Family Residences 549,579 N/A 549,579 549,579
C1. Vacant Lots 5,771,643 N/A 5,771,643 5,771,643
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 33,764,040 1.0175 33,183,562 33,764,040
D2. Real Prop Farm & Ranch 5,760,393 N/A 5,760,393 5,760,393
E. Real Prop NonQual Acres 35,348,081 .9596 36,836,266 35,348,081
F1. Commercial Real 14,136,754 N/A 14,136,754 14,136,754
F2. Industrial Real 168,905,310 N/A 168,905,310 168,905,310
G. Oil, Gas, Minerals 2,146,620 N/A 2,146,620 2,146,620
J. Utilities 82,352,584 1.0754 76,578,561 82,352,584
L1. Commercial Personal 8,635,871 N/A 8,635,871 8,635,871
L2. Industrial Personal 45,904,709 N/A 45,904,709 45,904,709
M. Other Personal 10,712,091 N/A 10,712,091 10,712,091
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 776,660 N/A 776,660 776,660
Subtotal 505,465,914 504,290,338 505,465,914
Less Total Deductions 124,117,520   125,721,877 124,117,520
Total Taxable Value 381,348,394 378,568,461 381,348,394 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
390,217,653 381,348,394 382,699,627 373,830,368


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,869,259 7,518,026


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
451,944,673 443,075,414 444,426,647 435,557,388

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