taxes Property Tax Assistance

2018 ISD Summary Worksheet

114/Howard

114-901/Big Spring ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 733,126,131 N/A 733,126,131 733,126,131
B. Multi-Family Residences 57,451,258 N/A 57,451,258 57,451,258
C1. Vacant Lots 26,204,960 N/A 26,204,960 26,204,960
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,908,722 N/A 11,908,722 11,908,722
D2. Real Prop Farm & Ranch 193,585 N/A 193,585 193,585
E. Real Prop NonQual Acres 42,348,501 N/A 42,348,501 42,348,501
F1. Commercial Real 285,063,129 N/A 285,063,129 285,063,129
F2. Industrial Real 422,192,363 N/A 422,192,363 422,192,363
G. Oil, Gas, Minerals 710,634,051 N/A 710,634,051 710,634,051
J. Utilities 149,264,612 N/A 149,264,612 149,264,612
L1. Commercial Personal 94,657,171 N/A 94,657,171 94,657,171
L2. Industrial Personal 263,994,450 N/A 263,994,450 263,994,450
M. Other Personal 1,125,980 N/A 1,125,980 1,125,980
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 378,925 N/A 378,925 378,925
S. Special Inventory 7,214,340 N/A 7,214,340 7,214,340
Subtotal 2,805,758,178 2,805,758,178 2,805,758,178
Less Total Deductions 368,342,574   368,342,574 368,342,574
Total Taxable Value 2,437,415,604 2,437,415,604 2,437,415,604 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
2,478,136,312 2,437,415,604 2,435,459,776 2,394,739,068


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
40,720,708 42,676,536


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
2,575,950,312 2,535,229,604 2,533,273,776 2,492,553,068

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