taxes Property Tax Assistance

2018 ISD Summary Worksheet

107/Henderson

107-908/Murchison ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 19,820,890 .9827 20,169,828 19,820,890
B. Multi-Family Residences 642,640 N/A 642,640 642,640
C1. Vacant Lots 718,700 N/A 718,700 718,700
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 607,570 1.1236 540,739 607,570
D2. Real Prop Farm & Ranch 63,880 N/A 63,880 63,880
E. Real Prop NonQual Acres 9,161,280 .9761 9,385,596 9,161,280
F1. Commercial Real 2,504,710 .7670 3,265,593 2,504,710
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 1,360,090 N/A 1,360,090 1,360,090
J. Utilities 7,998,060 .8908 8,978,514 7,998,060
L1. Commercial Personal 1,322,940 N/A 1,322,940 1,322,940
L2. Industrial Personal 1,007,140 N/A 1,007,140 1,007,140
M. Other Personal 551,320 N/A 551,320 551,320
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 120,780 N/A 120,780 120,780
Subtotal 45,880,000 48,127,760 45,880,000
Less Total Deductions 8,290,454   8,464,722 8,290,454
Total Taxable Value 37,589,546 39,663,038 37,589,546 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
39,398,796 37,589,546 39,398,796 37,589,546


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,809,250 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
39,398,796 37,589,546 39,398,796 37,589,546

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