taxes Property Tax Assistance

2018 ISD Summary Worksheet

202/Sabine

202-905/West Sabine ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 42,508,330 .9330 45,560,911 42,508,330
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 2,868,160 N/A 2,868,160 2,868,160
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,690,100 .8481 11,425,706 9,690,100
D2. Real Prop Farm & Ranch 694,550 N/A 694,550 694,550
E. Real Prop NonQual Acres 25,239,210 .9067 27,836,341 25,239,210
F1. Commercial Real 4,875,250 N/A 4,875,250 4,875,250
F2. Industrial Real 10,043,000 N/A 10,043,000 10,043,000
G. Oil, Gas, Minerals 30,180 N/A 30,180 30,180
J. Utilities 17,419,900 .9537 18,265,597 17,419,900
L1. Commercial Personal 2,188,370 N/A 2,188,370 2,188,370
L2. Industrial Personal 44,016,470 N/A 44,016,470 44,016,470
M. Other Personal 45,414,286 N/A 45,414,286 45,414,286
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 204,987,806 213,218,821 204,987,806
Less Total Deductions 79,713,114   84,617,153 79,713,114
Total Taxable Value 125,274,692 128,601,668 125,274,692 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
130,458,850 125,274,692 126,700,858 121,516,700


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,184,158 3,757,992


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
130,458,850 125,274,692 126,700,858 121,516,700

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 invalid, but local value was certified because your school district is in year one of the grace period.