taxes Property Tax Assistance

2017 ISD Summary Worksheet

250/Wood

250-903/Mineola ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 228,657,918 .9431 242,453,523 228,657,918
B. Multi-Family Residences 13,444,900 N/A 13,444,900 13,444,900
C1. Vacant Lots 3,179,310 N/A 3,179,310 3,179,310
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,887,580 .8951 6,577,218 5,887,580
D2. Real Prop Farm & Ranch 1,570,010 N/A 1,570,010 1,570,010
E. Real Prop NonQual Acres 158,139,765 1.0056 157,259,114 158,139,765
F1. Commercial Real 70,775,052 .9076 77,980,445 70,775,052
F2. Industrial Real 2,304,960 N/A 2,304,960 2,304,960
G. Oil, Gas, Minerals 35,705,870 N/A 35,705,870 35,705,870
J. Utilities 25,599,470 N/A 25,599,470 25,599,470
L1. Commercial Personal 26,464,620 .9720 27,226,975 26,464,620
L2. Industrial Personal 20,391,180 N/A 20,391,180 20,391,180
M. Other Personal 1,965,990 N/A 1,965,990 1,965,990
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 610,650 N/A 610,650 610,650
S. Special Inventory 8,477,970 N/A 8,477,970 8,477,970
Subtotal 603,175,245 624,747,585 603,175,245
Less Total Deductions 111,726,757   120,985,616 111,726,757
Total Taxable Value 491,448,488 503,761,969 491,448,488 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
512,814,970 491,448,488 512,814,970 491,448,488


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
21,366,482 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
512,814,970 491,448,488 512,814,970 491,448,488

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