taxes Property Tax Assistance

2018 ISD Summary Worksheet

070/Ellis

070-915/Maypearl 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 212,482,640 .8964 237,039,982 212,482,640
B. Multi-Family Residences 1,004,490 N/A 1,004,490 1,004,490
C1. Vacant Lots 2,069,510 N/A 2,069,510 2,069,510
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,560,908 2.4481 2,271,518 5,560,908
D2. Real Prop Farm & Ranch 6,131,454 N/A 6,131,454 6,131,454
E. Real Prop NonQual Acres 110,405,123 .7885 140,019,179 110,405,123
F1. Commercial Real 6,668,460 N/A 6,668,460 6,668,460
F2. Industrial Real 20,000 N/A 20,000 20,000
G. Oil, Gas, Minerals 67,528 N/A 67,528 67,528
J. Utilities 30,337,230 .9037 33,570,023 30,337,230
L1. Commercial Personal 10,012,192 N/A 10,012,192 10,012,192
L2. Industrial Personal 11,175,255 N/A 11,175,255 11,175,255
M. Other Personal 3,561,750 N/A 3,561,750 3,561,750
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 5,030,291 N/A 5,030,291 5,030,291
S. Special Inventory 0 N/A 0 0
Subtotal 404,526,831 458,641,632 404,526,831
Less Total Deductions 56,308,320   63,891,677 56,308,320
Total Taxable Value 348,218,511 394,749,955 348,218,511 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
359,490,674 348,218,511 359,490,674 348,218,511


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,272,163 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
359,490,674 348,218,511 359,490,674 348,218,511

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.