taxes Property Tax Assistance

2018 ISD Summary Worksheet

176/Newton

176-903/Deweyville ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 74,461,621 .9696 76,796,226 74,461,621
B. Multi-Family Residences 286,463 N/A 286,463 286,463
C1. Vacant Lots 6,039,621 N/A 6,039,621 6,039,621
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 23,795,906 1.0145 23,456,117 23,795,906
D2. Real Prop Farm & Ranch 7,738 N/A 7,738 7,738
E. Real Prop NonQual Acres 20,275,638 .9672 20,963,232 20,275,638
F1. Commercial Real 5,581,209 N/A 5,581,209 5,581,209
F2. Industrial Real 400,955,590 N/A 400,955,590 400,955,590
G. Oil, Gas, Minerals 12,729,460 1.0120 12,578,518 12,729,460
J. Utilities 86,161,204 .9799 87,928,568 86,161,204
L1. Commercial Personal 1,580,066 N/A 1,580,066 1,580,066
L2. Industrial Personal 24,394,060 N/A 24,394,060 24,394,060
M. Other Personal 6,692,374 N/A 6,692,374 6,692,374
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 24,000 N/A 24,000 24,000
S. Special Inventory 0 N/A 0 0
Subtotal 662,984,950 667,283,782 662,984,950
Less Total Deductions 82,376,217   83,221,808 82,376,217
Total Taxable Value 580,608,733 584,061,974 580,608,733 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
586,905,374 580,608,733 580,193,773 573,897,132


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,296,641 6,711,601


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
586,905,374 580,608,733 580,193,773 573,897,132

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