taxes Property Tax Assistance

2017 ISD Summary Worksheet

252/Young

252-902/Newcastle ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 5,378,520 .9164 5,869,184 5,378,520
B. Multi-Family Residences 198,780 N/A 198,780 198,780
C1. Vacant Lots 317,710 N/A 317,710 317,710
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,290,002 1.2800 9,601,400 12,290,002
D2. Real Prop Farm & Ranch 2,329,965 .9933 2,345,681 2,329,965
E. Real Prop NonQual Acres 23,855,797 1.0284 23,197,002 23,855,797
F1. Commercial Real 1,509,240 N/A 1,509,240 1,509,240
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 10,294,330 .9889 10,409,880 10,294,330
J. Utilities 16,966,200 1.2453 13,624,187 16,966,200
L1. Commercial Personal 2,058,010 N/A 2,058,010 2,058,010
L2. Industrial Personal 473,490 N/A 473,490 473,490
M. Other Personal 267,890 N/A 267,890 267,890
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 75,939,934 69,872,454 75,939,934
Less Total Deductions 11,126,430   11,982,959 11,126,430
Total Taxable Value 64,813,504 57,889,495 64,813,504 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
66,125,994 64,813,504 66,125,994 64,813,504


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,312,490 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
66,125,994 64,813,504 66,125,994 64,813,504

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 local value is greater than PTAD value.