taxes Property Tax Assistance

2018 ISD Summary Worksheet

109/Hill

109-914/Penelope ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 7,692,100 .9890 7,777,654 7,692,100
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 384,530 N/A 384,530 384,530
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,266,630 .9514 5,535,787 5,266,630
D2. Real Prop Farm & Ranch 1,775,750 N/A 1,775,750 1,775,750
E. Real Prop NonQual Acres 17,046,959 1.0482 16,263,079 17,046,959
F1. Commercial Real 570,900 N/A 570,900 570,900
F2. Industrial Real 27,780 N/A 27,780 27,780
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 1,127,560 N/A 1,127,560 1,127,560
L1. Commercial Personal 634,230 N/A 634,230 634,230
L2. Industrial Personal 2,569,330 N/A 2,569,330 2,569,330
M. Other Personal 794,400 N/A 794,400 794,400
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 37,890,169 37,461,000 37,890,169
Less Total Deductions 6,825,192   6,895,019 6,825,192
Total Taxable Value 31,064,977 30,565,981 31,064,977 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
32,423,034 31,064,977 32,423,034 31,064,977


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,358,057 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
32,423,034 31,064,977 32,423,034 31,064,977

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