taxes Property Tax Assistance

2018 ISD Summary Worksheet

002/Andrews

002-901/Andrews ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 742,343,247 .9273 800,542,701 742,343,247
B. Multi-Family Residences 22,434,066 N/A 22,434,066 22,434,066
C1. Vacant Lots 14,375,946 N/A 14,375,946 14,375,946
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 15,078,685 .7622 19,781,811 15,078,685
D2. Real Prop Farm & Ranch 929,542 N/A 929,542 929,542
E. Real Prop NonQual Acres 35,984,413 N/A 35,984,413 35,984,413
F1. Commercial Real 106,018,518 N/A 106,018,518 106,018,518
F2. Industrial Real 143,765,597 N/A 143,765,597 143,765,597
G. Oil, Gas, Minerals 2,837,208,248 1.0121 2,803,288,458 2,837,208,248
J. Utilities 288,574,036 .8878 325,043,969 288,574,036
L1. Commercial Personal 41,531,914 N/A 41,531,914 41,531,914
L2. Industrial Personal 335,471,881 N/A 335,471,881 335,471,881
M. Other Personal 19,391,449 N/A 19,391,449 19,391,449
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 9,092,199 N/A 9,092,199 9,092,199
Subtotal 4,612,199,741 4,677,652,464 4,612,199,741
Less Total Deductions 198,094,994   210,604,769 198,094,994
Total Taxable Value 4,414,104,747 4,467,047,695 4,414,104,747 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
4,449,511,245 4,414,104,747 4,392,529,848 4,357,123,350


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
35,406,498 56,981,397


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
4,449,511,245 4,414,104,747 4,392,529,848 4,357,123,350

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