taxes Property Tax Assistance

2018 ISD Summary Worksheet

107/Henderson

107-907/Trinidad ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 15,738,540 .9724 16,185,253 16,185,253
B. Multi-Family Residences 130,270 N/A 130,270 130,270
C1. Vacant Lots 517,240 N/A 517,240 517,240
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 687,780 1.1785 583,594 583,594
D2. Real Prop Farm & Ranch 2,200 N/A 2,200 2,200
E. Real Prop NonQual Acres 2,276,170 N/A 2,276,170 2,276,170
F1. Commercial Real 2,101,860 .8227 2,554,832 2,554,832
F2. Industrial Real 2,998,000 N/A 2,998,000 2,998,000
G. Oil, Gas, Minerals 302,980 N/A 302,980 302,980
J. Utilities 26,423,700 .8865 29,806,768 29,806,768
L1. Commercial Personal 550,360 N/A 550,360 550,360
L2. Industrial Personal 13,316,390 N/A 13,316,390 13,316,390
M. Other Personal 253,610 N/A 253,610 253,610
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 65,299,100 69,477,667 69,477,667
Less Total Deductions 20,685,636   20,845,656 20,845,656
Total Taxable Value 44,613,464 48,632,011 48,632,011 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
50,340,690 48,632,011 49,352,825 47,644,146


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,708,679 987,865


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
50,340,690 48,632,011 49,352,825 47,644,146

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 taxable value to be invalid, and state value was certified because your local value

did not exceed the state value and:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)