taxes Property Tax Assistance

2018 ISD Summary Worksheet

183/Panola

183-902/Carthage ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 462,325,520 .9110 507,492,338 462,325,520
B. Multi-Family Residences 5,100,870 N/A 5,100,870 5,100,870
C1. Vacant Lots 20,612,480 N/A 20,612,480 20,612,480
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 38,611,560 .8923 43,271,514 38,611,560
D2. Real Prop Farm & Ranch 15,629,130 N/A 15,629,130 15,629,130
E. Real Prop NonQual Acres 124,494,300 .9371 132,850,603 124,494,300
F1. Commercial Real 107,984,510 N/A 107,984,510 107,984,510
F2. Industrial Real 18,339,400 N/A 18,339,400 18,339,400
G. Oil, Gas, Minerals 905,931,010 .9961 909,477,974 905,931,010
J. Utilities 643,960,160 .9539 675,081,413 643,960,160
L1. Commercial Personal 51,759,850 N/A 51,759,850 51,759,850
L2. Industrial Personal 349,586,230 N/A 349,586,230 349,586,230
M. Other Personal 24,260,570 N/A 24,260,570 24,260,570
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 941,040 N/A 941,040 941,040
S. Special Inventory 3,358,830 N/A 3,358,830 3,358,830
Subtotal 2,772,895,460 2,865,746,752 2,772,895,460
Less Total Deductions 247,583,835   266,837,019 247,583,835
Total Taxable Value 2,525,311,625 2,598,909,733 2,525,311,625 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
2,564,312,355 2,525,311,625 2,518,388,070 2,479,387,340


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
39,000,730 45,924,285


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
2,564,312,355 2,525,311,625 2,518,388,070 2,479,387,340

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