taxes Property Tax Assistance

2018 ISD Summary Worksheet

128/Karnes

128-903/Runge ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 15,740,363 N/A 15,740,363 15,740,363
B. Multi-Family Residences 410,160 N/A 410,160 410,160
C1. Vacant Lots 864,654 N/A 864,654 864,654
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,360,595 1.0361 3,243,387 3,360,595
D2. Real Prop Farm & Ranch 3,107,588 N/A 3,107,588 3,107,588
E. Real Prop NonQual Acres 18,930,128 N/A 18,930,128 18,930,128
F1. Commercial Real 2,685,317 N/A 2,685,317 2,685,317
F2. Industrial Real 2,794,630 N/A 2,794,630 2,794,630
G. Oil, Gas, Minerals 319,840,950 1.0073 317,523,032 319,840,950
J. Utilities 36,607,520 .9412 38,894,518 36,607,520
L1. Commercial Personal 2,385,461 N/A 2,385,461 2,385,461
L2. Industrial Personal 31,999,310 N/A 31,999,310 31,999,310
M. Other Personal 2,847,597 N/A 2,847,597 2,847,597
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 441,574,273 441,426,145 441,574,273
Less Total Deductions 13,045,467   13,045,467 13,045,467
Total Taxable Value 428,528,806 428,380,678 428,528,806 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
430,662,285 428,528,806 430,662,285 428,528,806


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,133,479 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
430,662,285 428,528,806 430,662,285 428,528,806

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