taxes Property Tax Assistance

2017 ISD Summary Worksheet

188/Potter

188-901/Amarillo ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 6,540,839,561 .9778 6,689,342,975 6,540,839,561
B. Multi-Family Residences 411,025,929 .7625 539,050,399 411,025,929
C1. Vacant Lots 83,922,033 N/A 83,922,033 83,922,033
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 488,540 1.1190 436,597 488,540
D2. Real Prop Farm & Ranch 40,308 N/A 40,308 40,308
E. Real Prop NonQual Acres 423,148 N/A 423,148 423,148
F1. Commercial Real 1,707,073,973 .9267 1,842,099,895 1,707,073,973
F2. Industrial Real 7,938,290 N/A 7,938,290 7,938,290
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 319,975,875 .8904 359,361,944 319,975,875
L1. Commercial Personal 888,626,417 1.0054 883,853,608 888,626,417
L2. Industrial Personal 36,693,838 N/A 36,693,838 36,693,838
M. Other Personal 11,846,838 N/A 11,846,838 11,846,838
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 4,431,985 N/A 4,431,985 4,431,985
S. Special Inventory 43,511,224 N/A 43,511,224 43,511,224
Subtotal 10,056,837,959 10,502,953,082 10,056,837,959
Less Total Deductions 1,446,489,998   1,490,536,046 1,446,489,998
Total Taxable Value 8,610,347,961 9,012,417,036 8,610,347,961 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
8,904,948,089 8,610,347,961 8,904,948,089 8,610,347,961


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
294,600,128 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
8,904,948,089 8,610,347,961 8,904,948,089 8,610,347,961

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