taxes Property Tax Assistance

2018 ISD Summary Worksheet

006/Armstrong

006-902/Claude ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 46,659,960 .9468 49,281,749 46,659,960
B. Multi-Family Residences 53,410 N/A 53,410 53,410
C1. Vacant Lots 1,118,880 N/A 1,118,880 1,118,880
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 28,311,590 .9878 28,662,402 28,311,590
D2. Real Prop Farm & Ranch 5,403,960 N/A 5,403,960 5,403,960
E. Real Prop NonQual Acres 27,999,230 .9902 28,276,338 27,999,230
F1. Commercial Real 5,416,570 N/A 5,416,570 5,416,570
F2. Industrial Real 57,878,910 N/A 57,878,910 57,878,910
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 52,688,340 .9531 55,281,020 52,688,340
L1. Commercial Personal 3,395,160 N/A 3,395,160 3,395,160
L2. Industrial Personal 5,877,500 N/A 5,877,500 5,877,500
M. Other Personal 521,980 N/A 521,980 521,980
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 235,325,490 241,167,879 235,325,490
Less Total Deductions 68,466,000   69,542,936 68,466,000
Total Taxable Value 166,859,490 171,624,943 166,859,490 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
171,591,670 166,859,490 171,591,670 166,859,490


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,732,180 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
217,251,030 212,518,850 217,251,030 212,518,850

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