taxes Property Tax Assistance

2018 ISD Summary Worksheet

146/Liberty

146-906/Liberty ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 357,110,266 .9880 361,447,638 357,110,266
B. Multi-Family Residences 13,979,890 N/A 13,979,890 13,979,890
C1. Vacant Lots 23,950,208 N/A 23,950,208 23,950,208
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,196,898 1.0457 6,882,422 7,196,898
D2. Real Prop Farm & Ranch 1,883,522 N/A 1,883,522 1,883,522
E. Real Prop NonQual Acres 44,636,885 .9370 47,638,084 44,636,885
F1. Commercial Real 118,388,978 .8756 135,208,974 118,388,978
F2. Industrial Real 76,469,040 N/A 76,469,040 76,469,040
G. Oil, Gas, Minerals 8,137,549 N/A 8,137,549 8,137,549
J. Utilities 100,678,110 .9542 105,510,490 100,678,110
L1. Commercial Personal 71,491,090 1.1032 64,803,381 71,491,090
L2. Industrial Personal 250,535,382 N/A 250,535,382 250,535,382
M. Other Personal 12,529,620 N/A 12,529,620 12,529,620
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 4,963,770 N/A 4,963,770 4,963,770
Subtotal 1,091,951,208 1,113,939,970 1,091,951,208
Less Total Deductions 184,826,857   186,263,443 184,826,857
Total Taxable Value 907,124,351 927,676,527 907,124,351 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
927,797,532 907,124,351 927,797,532 907,124,351


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,673,181 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
986,152,932 965,479,751 986,152,932 965,479,751

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