taxes Property Tax Assistance

2018 ISD Summary Worksheet

033/Carson

033-902/Panhandle ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 99,478,050 1.0213 97,403,358 99,478,050
B. Multi-Family Residences 1,250,490 N/A 1,250,490 1,250,490
C1. Vacant Lots 675,890 N/A 675,890 675,890
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 40,548,780 .9254 43,816,992 40,548,780
D2. Real Prop Farm & Ranch 4,653,830 N/A 4,653,830 4,653,830
E. Real Prop NonQual Acres 37,049,970 .9380 39,498,902 37,049,970
F1. Commercial Real 11,270,730 N/A 11,270,730 11,270,730
F2. Industrial Real 423,532,930 N/A 423,532,930 423,532,930
G. Oil, Gas, Minerals 38,296,390 1.0009 38,261,954 38,296,390
J. Utilities 122,546,240 .9536 128,509,060 122,546,240
L1. Commercial Personal 5,920,420 N/A 5,920,420 5,920,420
L2. Industrial Personal 5,741,150 N/A 5,741,150 5,741,150
M. Other Personal 1,960,510 N/A 1,960,510 1,960,510
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 792,925,380 802,496,216 792,925,380
Less Total Deductions 361,801,405   361,015,805 361,801,405
Total Taxable Value 431,123,975 441,480,411 431,123,975 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
439,632,825 431,123,975 429,530,190 421,021,340


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,508,850 10,102,635


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
759,877,375 751,368,525 749,774,740 741,265,890

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