taxes Property Tax Assistance

2018 ISD Summary Worksheet

143/Lavaca

143-905/Sweet Home ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 7,990,176 1.0501 7,608,967 7,990,176
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 348,494 N/A 348,494 348,494
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,208,167 1.1822 2,713,798 3,208,167
D2. Real Prop Farm & Ranch 3,268,213 N/A 3,268,213 3,268,213
E. Real Prop NonQual Acres 43,954,404 .9978 44,051,317 43,954,404
F1. Commercial Real 1,329,429 N/A 1,329,429 1,329,429
F2. Industrial Real 160,074 N/A 160,074 160,074
G. Oil, Gas, Minerals 6,116,000 N/A 6,116,000 6,116,000
J. Utilities 15,953,160 N/A 15,953,160 15,953,160
L1. Commercial Personal 516,916 N/A 516,916 516,916
L2. Industrial Personal 595,543 N/A 595,543 595,543
M. Other Personal 757,150 N/A 757,150 757,150
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 84,197,726 83,419,061 84,197,726
Less Total Deductions 11,154,876   10,509,740 11,154,876
Total Taxable Value 73,042,850 72,909,321 73,042,850 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
75,713,700 73,042,850 75,713,700 73,042,850


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,670,850 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
75,713,700 73,042,850 75,713,700 73,042,850

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