taxes Property Tax Assistance

2018 ISD Summary Worksheet

075/Fayette

075-908/Round Top-Carmine ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 96,887,989 1.1028 87,856,356 96,887,989
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 5,233,685 N/A 5,233,685 5,233,685
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,619,656 1.2876 4,364,608 5,619,656
D2. Real Prop Farm & Ranch 815,530 N/A 815,530 815,530
E. Real Prop NonQual Acres 208,277,244 .9451 220,375,880 208,277,244
F1. Commercial Real 43,186,483 1.0189 42,385,399 43,186,483
F2. Industrial Real 459,540 N/A 459,540 459,540
G. Oil, Gas, Minerals 32,957,400 N/A 32,957,400 32,957,400
J. Utilities 17,441,380 .9500 18,359,347 17,441,380
L1. Commercial Personal 4,443,940 N/A 4,443,940 4,443,940
L2. Industrial Personal 19,239,650 N/A 19,239,650 19,239,650
M. Other Personal 1,668,710 N/A 1,668,710 1,668,710
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 436,231,207 438,160,045 436,231,207
Less Total Deductions 59,782,480   52,215,191 59,782,480
Total Taxable Value 376,448,727 385,944,854 376,448,727 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
382,568,681 376,448,727 368,668,218 362,548,264


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,119,954 13,900,463


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
382,568,681 376,448,727 368,668,218 362,548,264

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