taxes Property Tax Assistance

2018 ISD Summary Worksheet

188/Potter

188-901/Amarillo ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 6,721,755,360 N/A 6,721,755,360 6,721,755,360
B. Multi-Family Residences 407,502,915 N/A 407,502,915 407,502,915
C1. Vacant Lots 78,781,452 N/A 78,781,452 78,781,452
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 491,514 N/A 491,514 491,514
D2. Real Prop Farm & Ranch 40,308 N/A 40,308 40,308
E. Real Prop NonQual Acres 1,117,708 N/A 1,117,708 1,117,708
F1. Commercial Real 1,772,686,863 N/A 1,772,686,863 1,772,686,863
F2. Industrial Real 7,938,290 N/A 7,938,290 7,938,290
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 330,415,185 N/A 330,415,185 330,415,185
L1. Commercial Personal 871,355,148 N/A 871,355,148 871,355,148
L2. Industrial Personal 36,472,386 N/A 36,472,386 36,472,386
M. Other Personal 13,090,300 N/A 13,090,300 13,090,300
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 4,440,597 N/A 4,440,597 4,440,597
S. Special Inventory 40,168,477 N/A 40,168,477 40,168,477
Subtotal 10,286,256,503 10,286,256,503 10,286,256,503
Less Total Deductions 1,494,568,092   1,494,568,092 1,494,568,092
Total Taxable Value 8,791,688,411 8,791,688,411 8,791,688,411 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
9,083,141,763 8,791,688,411 9,083,141,763 8,791,688,411


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
291,453,352 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
9,083,141,763 8,791,688,411 9,083,141,763 8,791,688,411

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