taxes Property Tax Assistance

2017 ISD Summary Worksheet

127/Jones

221-904/Merkel ISD

Category	Local Tax Roll Value	2017 WTD Mean Ratio	2017 PTAD Value Estimate	2017 Value Assigned
A. Single-Family Residences	162,820	N/A	162,820	162,820
B. Multi-Family Residences	0	N/A	0	0
C1. Vacant Lots	81,500	N/A	81,500	81,500
C2. Colonia Lots	0	N/A	0	0
D1. Rural Real(Taxable)	1,595,120	N/A	1,595,120	1,595,120
D2. Real Prop Farm & Ranch	542,160	N/A	542,160	542,160
E. Real Prop NonQual Acres	30,387,420	N/A	30,387,420	30,387,420
F1. Commercial Real	310,690	N/A	310,690	310,690
F2. Industrial Real	96,250	N/A	96,250	96,250
G. Oil, Gas, Minerals	2,661,490	N/A	2,661,490	2,661,490
J. Utilities	10,391,970	N/A	10,391,970	10,391,970
L1. Commercial Personal	440,190	N/A	440,190	440,190
L2. Industrial Personal	3,402,580	N/A	3,402,580	3,402,580
M. Other Personal	895,190	N/A	895,190	895,190
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	50,967,380		50,967,380	50,967,380
Less Total Deductions	10,361,046		10,361,046	10,361,046
Total Taxable Value	40,606,334		40,606,334	40,606,334 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
42,363,984	40,606,334	42,363,984	40,606,334

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,757,650	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
42,363,984	40,606,334	42,363,984	40,606,334

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

221/Taylor

221-904/Merkel ISD

Category	Local Tax Roll Value	2017 WTD Mean Ratio	2017 PTAD Value Estimate	2017 Value Assigned
A. Single-Family Residences	91,930,089	.9734	94,442,253	91,930,089
B. Multi-Family Residences	1,057,147	N/A	1,057,147	1,057,147
C1. Vacant Lots	5,778,465	N/A	5,778,465	5,778,465
C2. Colonia Lots	0	N/A	0	0
D1. Rural Real(Taxable)	10,121,240	1.0411	9,721,909	10,121,240
D2. Real Prop Farm & Ranch	1,098,577	N/A	1,098,577	1,098,577
E. Real Prop NonQual Acres	41,242,170	.8613	47,883,629	41,242,170
F1. Commercial Real	47,379,423	1.0189	46,500,562	47,379,423
F2. Industrial Real	51,549,165	N/A	51,549,165	51,549,165
G. Oil, Gas, Minerals	4,746,430	N/A	4,746,430	4,746,430
J. Utilities	59,566,863	.9623	61,900,512	59,566,863
L1. Commercial Personal	70,640,391	.9891	71,418,857	70,640,391
L2. Industrial Personal	11,944,340	N/A	11,944,340	11,944,340
M. Other Personal	6,518,873	N/A	6,518,873	6,518,873
N. Intangible Personal Prop	0	N/A	0	0
O. Residential Inventory	0	N/A	0	0
S. Special Inventory	881,850	N/A	881,850	881,850
Subtotal	404,455,023		415,442,569	404,455,023
Less Total Deductions	43,724,608		44,635,310	43,724,608
Total Taxable Value	360,730,415		370,807,259	360,730,415 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
370,324,495	360,730,415	370,324,495	360,730,415

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
9,594,080	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
370,324,495	360,730,415	370,324,495	360,730,415

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

221-904/Merkel ISD

Category	Local Tax Roll Value	2017 WTD Mean Ratio	2017 PTAD Value Estimate	2017 Value Assigned
A. Single-Family Residences	92,092,909	.9734	94,605,073	92,092,909
B. Multi-Family Residences	1,057,147	N/A	1,057,147	1,057,147
C1. Vacant Lots	5,859,965	N/A	5,859,965	5,859,965
C2. Colonia Lots	0	N/A	0	0
D1. Rural Real(Taxable)	11,716,360	1.0353	11,317,029	11,716,360
D2. Real Prop Farm & Ranch	1,640,737	N/A	1,640,737	1,640,737
E. Real Prop NonQual Acres	71,629,590	.9151	78,271,049	71,629,590
F1. Commercial Real	47,690,113	1.0188	46,811,252	47,690,113
F2. Industrial Real	51,645,415	N/A	51,645,415	51,645,415
G. Oil, Gas, Minerals	7,407,920	N/A	7,407,920	7,407,920
J. Utilities	69,958,833	.9677	72,292,482	69,958,833
L1. Commercial Personal	71,080,581	.9892	71,859,047	71,080,581
L2. Industrial Personal	15,346,920	N/A	15,346,920	15,346,920
M. Other Personal	7,414,063	N/A	7,414,063	7,414,063
N. Intangible Personal Prop	0	N/A	0	0
O. Residential Inventory	0	N/A	0	0
S. Special Inventory	881,850	N/A	881,850	881,850
Subtotal	455,422,403		466,409,949	455,422,403
Less Total Deductions	54,085,654		54,996,356	54,085,654
Total Taxable Value	401,336,749		411,413,593	401,336,749 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

221-904/Merkel 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
412,688,479	401,336,749	412,688,479	401,336,749

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
11,351,730	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
412,688,479	401,336,749	412,688,479	401,336,749

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