taxes Property Tax Assistance

2018 ISD Summary Worksheet

028/Caldwell

028-902/Lockhart ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 578,985,032 .8120 713,035,754 713,035,754
B. Multi-Family Residences 40,146,690 N/A 40,146,690 40,146,690
C1. Vacant Lots 28,935,765 N/A 28,935,765 28,935,765
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 15,220,734 1.0829 14,055,534 14,055,534
D2. Real Prop Farm & Ranch 17,293,622 N/A 17,293,622 17,293,622
E. Real Prop NonQual Acres 536,649,688 .8109 661,795,151 661,795,151
F1. Commercial Real 143,300,922 1.0008 143,186,373 143,186,373
F2. Industrial Real 14,160,400 N/A 14,160,400 14,160,400
G. Oil, Gas, Minerals 20,877,941 N/A 20,877,941 20,877,941
J. Utilities 66,138,410 N/A 66,138,410 66,138,410
L1. Commercial Personal 46,177,730 N/A 46,177,730 46,177,730
L2. Industrial Personal 33,882,680 N/A 33,882,680 33,882,680
M. Other Personal 32,918,700 N/A 32,918,700 32,918,700
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 3,037,180 N/A 3,037,180 3,037,180
S. Special Inventory 3,036,770 N/A 3,036,770 3,036,770
Subtotal 1,580,762,264 1,838,678,700 1,838,678,700
Less Total Deductions 216,785,086   271,458,783 271,458,783
Total Taxable Value 1,363,977,178 1,567,219,917 1,567,219,917 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
1,609,288,495 1,567,219,917 1,609,288,495 1,567,219,917


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
42,068,578 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
1,609,288,495 1,567,219,917 1,609,288,495 1,567,219,917

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 taxable value to be invalid, and state value was certified because your local value

did not exceed the state value and:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)