taxes Property Tax Assistance

2018 ISD Summary Worksheet

187/Polk

187-907/Livingston ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 1,104,527,451 N/A 1,104,527,451 1,104,527,451
B. Multi-Family Residences 13,756,952 N/A 13,756,952 13,756,952
C1. Vacant Lots 75,960,009 N/A 75,960,009 75,960,009
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 32,298,787 N/A 32,298,787 32,298,787
D2. Real Prop Farm & Ranch 11,652,309 N/A 11,652,309 11,652,309
E. Real Prop NonQual Acres 160,128,100 N/A 160,128,100 160,128,100
F1. Commercial Real 250,980,334 N/A 250,980,334 250,980,334
F2. Industrial Real 6,180,414 N/A 6,180,414 6,180,414
G. Oil, Gas, Minerals 17,914,790 N/A 17,914,790 17,914,790
J. Utilities 116,499,032 N/A 116,499,032 116,499,032
L1. Commercial Personal 78,031,633 N/A 78,031,633 78,031,633
L2. Industrial Personal 21,460,573 N/A 21,460,573 21,460,573
M. Other Personal 46,237,252 N/A 46,237,252 46,237,252
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 718,949 N/A 718,949 718,949
S. Special Inventory 6,088,616 N/A 6,088,616 6,088,616
Subtotal 1,942,435,201 1,942,435,201 1,942,435,201
Less Total Deductions 347,262,743   347,262,743 347,262,743
Total Taxable Value 1,595,172,458 1,595,172,458 1,595,172,458 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
1,648,516,728 1,595,172,458 1,648,516,728 1,595,172,458


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
53,344,270 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
1,648,516,728 1,595,172,458 1,648,516,728 1,595,172,458

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