taxes Property Tax Assistance

2018 ISD Summary Worksheet

052/Crane

052-901/Crane ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 102,956,500 .7863 130,937,937 102,956,500
B. Multi-Family Residences 446,970 N/A 446,970 446,970
C1. Vacant Lots 3,160,150 N/A 3,160,150 3,160,150
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,338,960 1.0816 1,237,938 1,338,960
D2. Real Prop Farm & Ranch 198,050 N/A 198,050 198,050
E. Real Prop NonQual Acres 11,122,930 N/A 11,122,930 11,122,930
F1. Commercial Real 13,693,910 N/A 13,693,910 13,693,910
F2. Industrial Real 49,857,510 N/A 49,857,510 49,857,510
G. Oil, Gas, Minerals 532,732,830 1.0094 527,771,775 532,732,830
J. Utilities 225,596,970 .9084 248,345,410 225,596,970
L1. Commercial Personal 8,588,160 N/A 8,588,160 8,588,160
L2. Industrial Personal 31,676,470 N/A 31,676,470 31,676,470
M. Other Personal 3,090,600 N/A 3,090,600 3,090,600
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 984,460,010 1,030,127,810 984,460,010
Less Total Deductions 57,828,713   65,776,349 57,828,713
Total Taxable Value 926,631,297 964,351,461 926,631,297 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
934,372,417 926,631,297 934,372,417 926,631,297


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,741,120 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
934,372,417 926,631,297 934,372,417 926,631,297

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