taxes Property Tax Assistance

2018 ISD Summary Worksheet

153/Lynn

153-907/Wilson ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 10,281,020 .9577 10,735,115 10,281,020
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 248,550 N/A 248,550 248,550
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 22,547,380 1.1410 19,760,961 22,547,380
D2. Real Prop Farm & Ranch 1,782,940 N/A 1,782,940 1,782,940
E. Real Prop NonQual Acres 11,139,040 .9674 11,514,410 11,139,040
F1. Commercial Real 594,830 N/A 594,830 594,830
F2. Industrial Real 3,086,120 N/A 3,086,120 3,086,120
G. Oil, Gas, Minerals 1,204,470 N/A 1,204,470 1,204,470
J. Utilities 3,723,130 N/A 3,723,130 3,723,130
L1. Commercial Personal 560,460 N/A 560,460 560,460
L2. Industrial Personal 1,277,520 N/A 1,277,520 1,277,520
M. Other Personal 524,130 N/A 524,130 524,130
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 37,610 N/A 37,610 37,610
Subtotal 57,007,200 55,050,246 57,007,200
Less Total Deductions 6,999,368   7,258,033 6,999,368
Total Taxable Value 50,007,832 47,792,213 50,007,832 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
51,518,782 50,007,832 51,518,782 50,007,832


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,510,950 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
51,518,782 50,007,832 51,518,782 50,007,832

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