taxes Property Tax Assistance

2018 ISD Summary Worksheet

034/Cass

034-907/Queen City ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 61,644,640 N/A 61,644,640 61,644,640
B. Multi-Family Residences 5,054,940 N/A 5,054,940 5,054,940
C1. Vacant Lots 2,772,878 N/A 2,772,878 2,772,878
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,964,417 N/A 5,964,417 5,964,417
D2. Real Prop Farm & Ranch 1,502,520 N/A 1,502,520 1,502,520
E. Real Prop NonQual Acres 99,759,576 N/A 99,759,576 99,759,576
F1. Commercial Real 17,448,487 N/A 17,448,487 17,448,487
F2. Industrial Real 262,061,000 N/A 262,061,000 262,061,000
G. Oil, Gas, Minerals 28,114 N/A 28,114 28,114
J. Utilities 18,334,790 N/A 18,334,790 18,334,790
L1. Commercial Personal 8,761,746 N/A 8,761,746 8,761,746
L2. Industrial Personal 83,927,980 N/A 83,927,980 83,927,980
M. Other Personal 7,231,740 N/A 7,231,740 7,231,740
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 46,470 N/A 46,470 46,470
S. Special Inventory 358,870 N/A 358,870 358,870
Subtotal 574,898,168 574,898,168 574,898,168
Less Total Deductions 80,399,086   80,399,086 80,399,086
Total Taxable Value 494,499,082 494,499,082 494,499,082 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
506,603,479 494,499,082 495,450,249 483,345,852


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,104,397 11,153,230


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
506,603,479 494,499,082 495,450,249 483,345,852

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