taxes Property Tax Assistance

2018 ISD Summary Worksheet

161/McLennan

161-924/Hallsburg ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 37,447,052 1.1254 33,274,438 37,447,052
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,867,967 N/A 1,867,967 1,867,967
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,427,708 1.0376 1,375,972 1,427,708
D2. Real Prop Farm & Ranch 1,349,174 N/A 1,349,174 1,349,174
E. Real Prop NonQual Acres 39,072,043 1.0192 38,335,992 39,072,043
F1. Commercial Real 1,456,002 N/A 1,456,002 1,456,002
F2. Industrial Real 3,502,520 N/A 3,502,520 3,502,520
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 10,646,270 .8814 12,078,818 10,646,270
L1. Commercial Personal 3,797,550 N/A 3,797,550 3,797,550
L2. Industrial Personal 78,990 N/A 78,990 78,990
M. Other Personal 873,390 N/A 873,390 873,390
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 21,410 N/A 21,410 21,410
Subtotal 101,540,076 98,012,223 101,540,076
Less Total Deductions 22,771,816   20,085,593 22,771,816
Total Taxable Value 78,768,260 77,926,630 78,768,260 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
81,856,150 78,768,260 81,856,150 78,768,260


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,087,890 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
81,856,150 78,768,260 81,856,150 78,768,260

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