taxes Property Tax Assistance

2018 ISD Summary Worksheet

161/McLennan

161-921/Connally ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 460,482,192 .9935 463,494,909 460,482,192
B. Multi-Family Residences 46,661,132 .7330 63,657,752 46,661,132
C1. Vacant Lots 18,405,382 N/A 18,405,382 18,405,382
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,334,261 1.0596 1,259,268 1,334,261
D2. Real Prop Farm & Ranch 2,305,954 N/A 2,305,954 2,305,954
E. Real Prop NonQual Acres 67,659,251 1.4360 47,116,470 67,659,251
F1. Commercial Real 64,513,746 .8939 72,171,100 64,513,746
F2. Industrial Real 44,031,962 N/A 44,031,962 44,031,962
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 25,989,960 N/A 25,989,960 25,989,960
L1. Commercial Personal 55,403,410 1.0846 51,081,883 55,403,410
L2. Industrial Personal 80,922,130 N/A 80,922,130 80,922,130
M. Other Personal 4,676,269 N/A 4,676,269 4,676,269
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,724,380 N/A 1,724,380 1,724,380
S. Special Inventory 5,014,960 N/A 5,014,960 5,014,960
Subtotal 879,124,989 881,852,379 879,124,989
Less Total Deductions 160,749,290   161,898,830 160,749,290
Total Taxable Value 718,375,699 719,953,549 718,375,699 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
742,696,974 718,375,699 742,696,974 718,375,699


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
24,321,275 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
742,696,974 718,375,699 742,696,974 718,375,699

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