taxes Property Tax Assistance

2018 ISD Summary Worksheet

048/Concho

048-903/Paint Rock ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 32,506,510 1.0589 30,698,376 32,506,510
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 5,130,960 .7014 7,315,312 5,130,960
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 14,676,085 .9896 14,830,519 14,676,085
D2. Real Prop Farm & Ranch 2,337,636 N/A 2,337,636 2,337,636
E. Real Prop NonQual Acres 15,017,829 1.0121 14,838,286 15,017,829
F1. Commercial Real 1,672,450 N/A 1,672,450 1,672,450
F2. Industrial Real 195,230 N/A 195,230 195,230
G. Oil, Gas, Minerals 740,334 N/A 740,334 740,334
J. Utilities 23,325,551 .9401 24,811,776 23,325,551
L1. Commercial Personal 377,220 N/A 377,220 377,220
L2. Industrial Personal 3,824,725 N/A 3,824,725 3,824,725
M. Other Personal 1,761,690 N/A 1,761,690 1,761,690
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 164,270 N/A 164,270 164,270
S. Special Inventory 0 N/A 0 0
Subtotal 101,730,490 103,567,824 101,730,490
Less Total Deductions 14,430,919   13,526,288 14,430,919
Total Taxable Value 87,299,571 90,041,536 87,299,571 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
89,115,712 87,299,571 89,115,712 87,299,571


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,816,141 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
89,115,712 87,299,571 89,115,712 87,299,571

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