taxes Property Tax Assistance

2018 ISD Summary Worksheet

035/Castro

140-907/Springlake-Earth ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 506,840 N/A 506,840 506,840
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 3,380 N/A 3,380 3,380
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,166,740 1.4705 6,913,594 10,166,740
D2. Real Prop Farm & Ranch 2,475,270 1.0015 2,471,563 2,475,270
E. Real Prop NonQual Acres 2,582,260 .8730 2,957,915 2,582,260
F1. Commercial Real 92,510 N/A 92,510 92,510
F2. Industrial Real 7,003,490 N/A 7,003,490 7,003,490
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 2,621,890 N/A 2,621,890 2,621,890
L1. Commercial Personal 49,820 N/A 49,820 49,820
L2. Industrial Personal 228,010 N/A 228,010 228,010
M. Other Personal 40,570 N/A 40,570 40,570
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 25,770,780 22,889,582 25,770,780
Less Total Deductions 525,841   525,841 525,841
Total Taxable Value 25,244,939 22,363,741 25,244,939 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
25,361,429 25,244,939 25,361,429 25,244,939


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
116,490 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
25,361,429 25,244,939 25,361,429 25,244,939

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 invalid, but local value was certified because local value is greater than PTAD value.

140/Lamb

140-907/Springlake-Earth ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 16,545,360 .8503 19,458,262 16,545,360
B. Multi-Family Residences 18,870 N/A 18,870 18,870
C1. Vacant Lots 219,470 N/A 219,470 219,470
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 18,184,465 1.6240 11,197,378 18,184,465
D2. Real Prop Farm & Ranch 1,126,281 N/A 1,126,281 1,126,281
E. Real Prop NonQual Acres 11,826,433 .9116 12,973,270 11,826,433
F1. Commercial Real 2,055,949 N/A 2,055,949 2,055,949
F2. Industrial Real 1,626,620 N/A 1,626,620 1,626,620
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 7,545,480 N/A 7,545,480 7,545,480
L1. Commercial Personal 1,580,390 N/A 1,580,390 1,580,390
L2. Industrial Personal 3,534,622 N/A 3,534,622 3,534,622
M. Other Personal 95,070 N/A 95,070 95,070
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 64,359,010 61,431,662 64,359,010
Less Total Deductions 7,999,274   8,900,706 7,999,274
Total Taxable Value 56,359,736 52,530,956 56,359,736 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
58,346,812 56,359,736 58,346,812 56,359,736


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,987,076 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
58,346,812 56,359,736 58,346,812 56,359,736

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 invalid, but local value was certified because local value is greater than PTAD value.

140-907/Springlake-Earth ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 17,052,200 .8541 19,965,102 17,052,200
B. Multi-Family Residences 18,870 N/A 18,870 18,870
C1. Vacant Lots 222,850 N/A 222,850 222,850
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 28,351,205 1.5654 18,110,972 28,351,205
D2. Real Prop Farm & Ranch 3,601,551 1.0010 3,597,844 3,601,551
E. Real Prop NonQual Acres 14,408,693 .9044 15,931,185 14,408,693
F1. Commercial Real 2,148,459 N/A 2,148,459 2,148,459
F2. Industrial Real 8,630,110 N/A 8,630,110 8,630,110
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 10,167,370 N/A 10,167,370 10,167,370
L1. Commercial Personal 1,630,210 N/A 1,630,210 1,630,210
L2. Industrial Personal 3,762,632 N/A 3,762,632 3,762,632
M. Other Personal 135,640 N/A 135,640 135,640
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 90,129,790 84,321,244 90,129,790
Less Total Deductions 8,525,115   9,426,547 8,525,115
Total Taxable Value 81,604,675 74,894,697 81,604,675 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

Comptroller Of Public Accounts - Property Tax Division

2018 ISD Summary Worksheet

140-907/Springlake-Earth ISD

Final Values Worksheet

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
83,708,241 81,604,675 83,708,241 81,604,675


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,103,566 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
83,708,241 81,604,675 83,708,241 81,604,675

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