taxes Property Tax Assistance

2018 ISD Summary Worksheet

056/Dallam

211-902/Stratford ISD

** This district is in year 2 of the grace period.


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 675,200 N/A 675,200 675,200
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 6,401 N/A 6,401 6,401
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 38,931,320 .9260 42,043,697 38,931,320
D2. Real Prop Farm & Ranch 1,623,212 N/A 1,623,212 1,623,212
E. Real Prop NonQual Acres 4,805,644 1.0177 4,722,063 4,805,644
F1. Commercial Real 58,920 N/A 58,920 58,920
F2. Industrial Real 9,155,580 N/A 9,155,580 9,155,580
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 22,225,880 .9540 23,297,568 22,225,880
L1. Commercial Personal 212,395 N/A 212,395 212,395
L2. Industrial Personal 583,720 N/A 583,720 583,720
M. Other Personal 164,680 N/A 164,680 164,680
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 78,442,952 82,543,436 78,442,952
Less Total Deductions 1,353,674   1,353,674 1,353,674
Total Taxable Value 77,089,278 81,189,762 77,089,278 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
77,303,471 77,089,278 77,303,471 77,089,278


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
214,193 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
77,303,471 77,089,278 77,303,471 77,089,278

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 two of the grace period.

211/Sherman

211-902/Stratford ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 48,579,620 .7619 63,761,150 63,761,150
B. Multi-Family Residences 722,850 N/A 722,850 722,850
C1. Vacant Lots 583,920 N/A 583,920 583,920
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 94,041,410 .7431 126,549,352 126,549,352
D2. Real Prop Farm & Ranch 889,140 N/A 889,140 889,140
E. Real Prop NonQual Acres 13,415,900 N/A 13,415,900 13,415,900
F1. Commercial Real 9,838,330 N/A 9,838,330 9,838,330
F2. Industrial Real 34,620,900 N/A 34,620,900 34,620,900
G. Oil, Gas, Minerals 54,068,760 1.0046 53,821,183 53,821,183
J. Utilities 79,278,130 .9538 83,118,190 83,118,190
L1. Commercial Personal 15,670,720 1.0079 15,547,892 15,547,892
L2. Industrial Personal 9,655,700 N/A 9,655,700 9,655,700
M. Other Personal 378,070 N/A 378,070 378,070
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 769,800 N/A 769,800 769,800
Subtotal 362,513,250 413,672,377 413,672,377
Less Total Deductions 22,632,870   26,771,186 26,771,186
Total Taxable Value 339,880,380 386,901,191 386,901,191 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
391,511,131 386,901,191 391,511,131 386,901,191


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,609,940 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
391,511,131 386,901,191 391,511,131 386,901,191

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 taxable value to be invalid, and state value was certified because your local value

did not exceed the state value and:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)

211-902/Stratford ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 49,254,820 .7644 64,436,350 64,436,350
B. Multi-Family Residences 722,850 N/A 722,850 722,850
C1. Vacant Lots 590,321 N/A 590,321 590,321
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 132,972,730 .7887 168,593,049 165,480,672
D2. Real Prop Farm & Ranch 2,512,352 N/A 2,512,352 2,512,352
E. Real Prop NonQual Acres 18,221,544 1.0046 18,137,963 18,221,544
F1. Commercial Real 9,897,250 N/A 9,897,250 9,897,250
F2. Industrial Real 43,776,480 N/A 43,776,480 43,776,480
G. Oil, Gas, Minerals 54,068,760 1.0046 53,821,183 53,821,183
J. Utilities 101,504,010 .9538 106,415,758 105,344,070
L1. Commercial Personal 15,883,115 1.0078 15,760,287 15,760,287
L2. Industrial Personal 10,239,420 N/A 10,239,420 10,239,420
M. Other Personal 542,750 N/A 542,750 542,750
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 769,800 N/A 769,800 769,800
Subtotal 440,956,202 496,215,813 492,115,329
Less Total Deductions 23,986,544   28,124,860 28,124,860
Total Taxable Value 416,969,658 468,090,953 463,990,469 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

Comptroller Of Public Accounts - Property Tax Division

2018 ISD Summary Worksheet

211-902/Stratford ISD

Final Values Worksheet

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
468,814,602 463,990,469 468,814,602 463,990,469


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,824,133 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
468,814,602 463,990,469 468,814,602 463,990,469

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 taxable value to be invalid, and state value was certified because your local value

did not exceed the state value and:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)