taxes Property Tax Assistance

2018 ISD Summary Worksheet

109/Hill

109-901/Abbott ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 25,616,300 1.0231 25,037,924 25,616,300
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 495,530 N/A 495,530 495,530
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,932,181 .9235 9,672,048 8,932,181
D2. Real Prop Farm & Ranch 3,154,930 N/A 3,154,930 3,154,930
E. Real Prop NonQual Acres 29,831,190 .9512 31,361,638 29,831,190
F1. Commercial Real 3,622,159 N/A 3,622,159 3,622,159
F2. Industrial Real 1,192,420 N/A 1,192,420 1,192,420
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 7,586,370 .8937 8,488,721 7,586,370
L1. Commercial Personal 3,158,660 N/A 3,158,660 3,158,660
L2. Industrial Personal 25,560,430 N/A 25,560,430 25,560,430
M. Other Personal 527,910 N/A 527,910 527,910
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 11,490 N/A 11,490 11,490
Subtotal 109,689,570 112,283,860 109,689,570
Less Total Deductions 13,846,892   13,536,581 13,846,892
Total Taxable Value 95,842,678 98,747,279 95,842,678 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
98,687,406 95,842,678 98,687,406 95,842,678


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,844,728 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
98,687,406 95,842,678 98,687,406 95,842,678

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