taxes Property Tax Assistance

2018 ISD Summary Worksheet

070/Ellis

070-911/Red Oak ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 1,666,726,408 .9463 1,761,308,684 1,666,726,408
B. Multi-Family Residences 60,430,760 N/A 60,430,760 60,430,760
C1. Vacant Lots 23,406,596 N/A 23,406,596 23,406,596
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,953,712 1.5237 1,282,243 1,953,712
D2. Real Prop Farm & Ranch 1,521,284 N/A 1,521,284 1,521,284
E. Real Prop NonQual Acres 58,647,758 N/A 58,647,758 58,647,758
F1. Commercial Real 133,442,648 .7282 183,249,997 133,442,648
F2. Industrial Real 137,800,080 N/A 137,800,080 137,800,080
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 27,086,810 N/A 27,086,810 27,086,810
L1. Commercial Personal 38,133,136 N/A 38,133,136 38,133,136
L2. Industrial Personal 132,812,020 N/A 132,812,020 132,812,020
M. Other Personal 5,681,170 N/A 5,681,170 5,681,170
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 27,472,376 N/A 27,472,376 27,472,376
S. Special Inventory 158,630 N/A 158,630 158,630
Subtotal 2,315,273,388 2,458,991,544 2,315,273,388
Less Total Deductions 517,560,526   540,106,105 517,560,526
Total Taxable Value 1,797,712,862 1,918,885,439 1,797,712,862 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
1,861,589,072 1,797,712,862 1,861,589,072 1,797,712,862


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
63,876,210 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
1,895,575,342 1,831,699,132 1,895,575,342 1,831,699,132

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 your school district is in year one of the grace period.