taxes Property Tax Assistance

2018 ISD Summary Worksheet

187/Polk

187-906/Leggett ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 33,087,151 N/A 33,087,151 33,087,151
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 2,134,570 N/A 2,134,570 2,134,570
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,829,442 N/A 10,829,442 10,829,442
D2. Real Prop Farm & Ranch 1,441,445 N/A 1,441,445 1,441,445
E. Real Prop NonQual Acres 14,057,014 N/A 14,057,014 14,057,014
F1. Commercial Real 2,083,671 N/A 2,083,671 2,083,671
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 16,565,320 N/A 16,565,320 16,565,320
J. Utilities 23,150,146 N/A 23,150,146 23,150,146
L1. Commercial Personal 1,094,909 N/A 1,094,909 1,094,909
L2. Industrial Personal 195,170 N/A 195,170 195,170
M. Other Personal 3,473,788 N/A 3,473,788 3,473,788
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,754 N/A 2,754 2,754
S. Special Inventory 0 N/A 0 0
Subtotal 108,115,380 108,115,380 108,115,380
Less Total Deductions 13,821,169   13,821,169 13,821,169
Total Taxable Value 94,294,211 94,294,211 94,294,211 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
96,790,332 94,294,211 96,790,332 94,294,211


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,496,121 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
96,790,332 94,294,211 96,790,332 94,294,211

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