taxes Property Tax Assistance

2017 ISD Summary Worksheet

198/Robertson

198-902/Calvert ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 30,521,644 .8523 35,810,916 30,521,644
B. Multi-Family Residences 309,750 N/A 309,750 309,750
C1. Vacant Lots 1,568,390 N/A 1,568,390 1,568,390
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,734,835 1.0111 6,661,115 6,734,835
D2. Real Prop Farm & Ranch 5,854,747 .7436 7,873,517 5,854,747
E. Real Prop NonQual Acres 21,581,815 .8955 24,100,296 21,581,815
F1. Commercial Real 5,704,116 N/A 5,704,116 5,704,116
F2. Industrial Real 2,492,176 N/A 2,492,176 2,492,176
G. Oil, Gas, Minerals 5,114,458 N/A 5,114,458 5,114,458
J. Utilities 37,975,538 .9667 39,283,685 37,975,538
L1. Commercial Personal 1,232,883 N/A 1,232,883 1,232,883
L2. Industrial Personal 7,145,405 N/A 7,145,405 7,145,405
M. Other Personal 1,709,095 N/A 1,709,095 1,709,095
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 127,944,852 139,005,802 127,944,852
Less Total Deductions 16,931,596   19,827,607 16,931,596
Total Taxable Value 111,013,256 119,178,195 111,013,256 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
113,628,581 111,013,256 113,628,581 111,013,256


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,615,325 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
113,628,581 111,013,256 113,628,581 111,013,256

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 invalid, but local value was certified because your school district is in year one of the grace period.