taxes Property Tax Assistance

2018 ISD Summary Worksheet

210/Shelby

210-905/Timpson ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 34,638,683 N/A 34,638,683 34,638,683
B. Multi-Family Residences 489,680 N/A 489,680 489,680
C1. Vacant Lots 1,705,375 N/A 1,705,375 1,705,375
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 14,739,898 N/A 14,739,898 14,739,898
D2. Real Prop Farm & Ranch 9,150,529 N/A 9,150,529 9,150,529
E. Real Prop NonQual Acres 51,392,541 N/A 51,392,541 51,392,541
F1. Commercial Real 7,730,690 N/A 7,730,690 7,730,690
F2. Industrial Real 3,568,260 N/A 3,568,260 3,568,260
G. Oil, Gas, Minerals 8,527,020 N/A 8,527,020 8,527,020
J. Utilities 19,799,400 N/A 19,799,400 19,799,400
L1. Commercial Personal 3,487,507 N/A 3,487,507 3,487,507
L2. Industrial Personal 12,387,780 N/A 12,387,780 12,387,780
M. Other Personal 5,842,760 N/A 5,842,760 5,842,760
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 83,890 N/A 83,890 83,890
Subtotal 173,544,013 173,544,013 173,544,013
Less Total Deductions 36,966,170   36,966,170 36,966,170
Total Taxable Value 136,577,843 136,577,843 136,577,843 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
142,315,015 136,577,843 136,480,276 130,743,104


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,737,172 5,834,739


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
142,315,015 136,577,843 136,480,276 130,743,104

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