taxes Property Tax Assistance

2018 ISD Summary Worksheet

067/Eastland

067-903/Eastland ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 173,921,670 1.0046 173,125,294 173,921,670
B. Multi-Family Residences 5,630,770 N/A 5,630,770 5,630,770
C1. Vacant Lots 3,876,200 N/A 3,876,200 3,876,200
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,431,720 1.0568 11,763,994 12,431,720
D2. Real Prop Farm & Ranch 12,854,040 N/A 12,854,040 12,854,040
E. Real Prop NonQual Acres 103,611,000 .9563 108,345,707 103,611,000
F1. Commercial Real 81,746,330 .9697 84,300,639 81,746,330
F2. Industrial Real 15,782,850 N/A 15,782,850 15,782,850
G. Oil, Gas, Minerals 7,220,840 N/A 7,220,840 7,220,840
J. Utilities 80,346,600 .8903 90,246,658 80,346,600
L1. Commercial Personal 24,830,950 N/A 24,830,950 24,830,950
L2. Industrial Personal 69,958,880 N/A 69,958,880 69,958,880
M. Other Personal 4,409,850 N/A 4,409,850 4,409,850
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 4,216,980 N/A 4,216,980 4,216,980
Subtotal 600,838,680 616,563,652 600,838,680
Less Total Deductions 94,746,136   94,344,921 94,746,136
Total Taxable Value 506,092,544 522,218,731 506,092,544 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
520,112,854 506,092,544 520,112,854 506,092,544


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,020,310 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
520,112,854 506,092,544 520,112,854 506,092,544

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