taxes Property Tax Assistance

2018 ISD Summary Worksheet

139/Lamar

139-908/Roxton ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 18,106,060 .8853 20,451,892 18,106,060
B. Multi-Family Residences 15,210 N/A 15,210 15,210
C1. Vacant Lots 825,230 N/A 825,230 825,230
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,465,400 .9308 6,946,339 6,465,400
D2. Real Prop Farm & Ranch 1,005,820 N/A 1,005,820 1,005,820
E. Real Prop NonQual Acres 24,568,161 .8405 29,230,412 24,568,161
F1. Commercial Real 1,348,580 N/A 1,348,580 1,348,580
F2. Industrial Real 40,172,970 N/A 40,172,970 40,172,970
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 30,831,840 .9080 33,955,771 30,831,840
L1. Commercial Personal 1,156,640 N/A 1,156,640 1,156,640
L2. Industrial Personal 6,211,880 N/A 6,211,880 6,211,880
M. Other Personal 166,840 N/A 166,840 166,840
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 130,874,631 141,487,584 130,874,631
Less Total Deductions 12,805,298   14,244,366 12,805,298
Total Taxable Value 118,069,333 127,243,218 118,069,333 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
120,982,957 118,069,333 120,982,957 118,069,333


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,913,624 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
120,982,957 118,069,333 120,982,957 118,069,333

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 invalid, but local value was certified because your school district is in year one of the grace period.