taxes Property Tax Assistance

2018 ISD Summary Worksheet

154/Madison

154-903/North Zulch ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 28,658,340 .9779 29,306,003 28,658,340
B. Multi-Family Residences 27,550 N/A 27,550 27,550
C1. Vacant Lots 3,241,440 N/A 3,241,440 3,241,440
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,026,591 .9572 3,162,011 3,026,591
D2. Real Prop Farm & Ranch 4,942,360 N/A 4,942,360 4,942,360
E. Real Prop NonQual Acres 59,361,240 .9258 64,118,859 59,361,240
F1. Commercial Real 4,370,740 N/A 4,370,740 4,370,740
F2. Industrial Real 238,270 N/A 238,270 238,270
G. Oil, Gas, Minerals 80,221,220 1.0038 79,917,533 80,221,220
J. Utilities 45,827,280 .9359 48,966,001 45,827,280
L1. Commercial Personal 1,124,970 N/A 1,124,970 1,124,970
L2. Industrial Personal 4,199,190 N/A 4,199,190 4,199,190
M. Other Personal 3,723,670 N/A 3,723,670 3,723,670
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 238,962,861 247,338,597 238,962,861
Less Total Deductions 22,894,153   23,466,257 22,894,153
Total Taxable Value 216,068,708 223,872,340 216,068,708 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
220,209,914 216,068,708 220,209,914 216,068,708


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,141,206 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
220,209,914 216,068,708 220,209,914 216,068,708

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