taxes Property Tax Assistance

2017 ISD Summary Worksheet

251/Yoakum

251-902/Plains ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 34,424,959 .8802 39,110,383 34,424,959
B. Multi-Family Residences 127,051 N/A 127,051 127,051
C1. Vacant Lots 666,099 N/A 666,099 666,099
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 46,101,884 .9389 49,102,390 46,101,884
D2. Real Prop Farm & Ranch 1,637,251 N/A 1,637,251 1,637,251
E. Real Prop NonQual Acres 25,055,259 N/A 25,055,259 25,055,259
F1. Commercial Real 7,471,367 N/A 7,471,367 7,471,367
F2. Industrial Real 1,169,381 N/A 1,169,381 1,169,381
G. Oil, Gas, Minerals 486,276,139 1.0015 485,547,817 486,276,139
J. Utilities 60,521,907 .9017 67,119,782 60,521,907
L1. Commercial Personal 5,611,208 N/A 5,611,208 5,611,208
L2. Industrial Personal 17,016,590 N/A 17,016,590 17,016,590
M. Other Personal 1,271,427 N/A 1,271,427 1,271,427
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 687,350,522 700,906,005 687,350,522
Less Total Deductions 19,447,510   21,276,811 19,447,510
Total Taxable Value 667,903,012 679,629,194 667,903,012 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
671,739,850 667,903,012 667,964,744 664,127,906


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,836,838 3,775,106


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
671,739,850 667,903,012 667,964,744 664,127,906

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