taxes Property Tax Assistance

2018 ISD Summary Worksheet

035/Castro

035-902/Hart ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 15,974,320 N/A 15,974,320 15,974,320
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 202,570 N/A 202,570 202,570
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 23,382,680 N/A 23,382,680 23,382,680
D2. Real Prop Farm & Ranch 6,197,470 N/A 6,197,470 6,197,470
E. Real Prop NonQual Acres 5,295,020 N/A 5,295,020 5,295,020
F1. Commercial Real 1,622,790 N/A 1,622,790 1,622,790
F2. Industrial Real 6,890,300 N/A 6,890,300 6,890,300
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 17,211,810 N/A 17,211,810 17,211,810
L1. Commercial Personal 5,485,710 N/A 5,485,710 5,485,710
L2. Industrial Personal 1,030,420 N/A 1,030,420 1,030,420
M. Other Personal 106,020 N/A 106,020 106,020
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 1,630 N/A 1,630 1,630
Subtotal 83,400,740 83,400,740 83,400,740
Less Total Deductions 7,539,479   7,539,479 7,539,479
Total Taxable Value 75,861,261 75,861,261 75,861,261 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
77,542,811 75,861,261 77,542,811 75,861,261


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,681,550 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
77,542,811 75,861,261 77,542,811 75,861,261

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