taxes Property Tax Assistance

2017 ISD Summary Worksheet

187/Polk

187-907/Livingston ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 1,069,431,600 .9604 1,113,527,280 1,069,431,600
B. Multi-Family Residences 13,808,778 N/A 13,808,778 13,808,778
C1. Vacant Lots 78,561,627 N/A 78,561,627 78,561,627
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 32,317,626 .9921 32,574,589 32,317,626
D2. Real Prop Farm & Ranch 11,459,894 N/A 11,459,894 11,459,894
E. Real Prop NonQual Acres 158,996,498 1.0053 158,158,259 158,996,498
F1. Commercial Real 243,976,430 .9703 251,444,326 243,976,430
F2. Industrial Real 4,059,004 N/A 4,059,004 4,059,004
G. Oil, Gas, Minerals 12,699,706 N/A 12,699,706 12,699,706
J. Utilities 116,729,543 1.1685 99,896,913 116,729,543
L1. Commercial Personal 79,084,886 N/A 79,084,886 79,084,886
L2. Industrial Personal 25,903,790 N/A 25,903,790 25,903,790
M. Other Personal 43,912,270 N/A 43,912,270 43,912,270
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 851,396 N/A 851,396 851,396
S. Special Inventory 6,642,675 N/A 6,642,675 6,642,675
Subtotal 1,898,435,723 1,932,585,393 1,898,435,723
Less Total Deductions 350,219,991   367,518,626 350,219,991
Total Taxable Value 1,548,215,732 1,565,066,767 1,548,215,732 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
1,600,971,693 1,548,215,732 1,600,971,693 1,548,215,732


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
52,755,961 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
1,600,971,693 1,548,215,732 1,600,971,693 1,548,215,732

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