taxes Property Tax Assistance

2018 ISD Summary Worksheet

176/Newton

176-901/Burkeville ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 121,349,415 .9446 128,466,457 121,349,415
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 9,007,654 N/A 9,007,654 9,007,654
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 43,542,821 1.0182 42,764,847 43,542,821
D2. Real Prop Farm & Ranch 553,803 N/A 553,803 553,803
E. Real Prop NonQual Acres 25,504,796 .8770 29,081,865 25,504,796
F1. Commercial Real 4,541,187 N/A 4,541,187 4,541,187
F2. Industrial Real 893,570 N/A 893,570 893,570
G. Oil, Gas, Minerals 17,199,310 1.0085 17,054,348 17,199,310
J. Utilities 13,900,095 N/A 13,900,095 13,900,095
L1. Commercial Personal 778,982 N/A 778,982 778,982
L2. Industrial Personal 2,184,010 N/A 2,184,010 2,184,010
M. Other Personal 5,724,084 N/A 5,724,084 5,724,084
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 245,179,727 254,950,902 245,179,727
Less Total Deductions 41,549,533   44,007,261 41,549,533
Total Taxable Value 203,630,194 210,943,641 203,630,194 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
209,161,223 203,630,194 202,882,234 197,351,205


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,531,029 6,278,989


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
209,161,223 203,630,194 202,882,234 197,351,205

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