taxes Property Tax Assistance

2018 ISD Summary Worksheet

214/Starr

214-903/Roma ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 291,251,065 .7212 403,842,298 403,842,298
B. Multi-Family Residences 11,797,490 N/A 11,797,490 11,797,490
C1. Vacant Lots 34,485,001 .7478 46,115,273 46,115,273
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 23,451,810 .7619 30,781,575 30,781,575
D2. Real Prop Farm & Ranch 568,160 N/A 568,160 568,160
E. Real Prop NonQual Acres 29,617,552 N/A 29,617,552 29,617,552
F1. Commercial Real 46,815,942 .7234 64,716,536 64,716,536
F2. Industrial Real 97,756,530 N/A 97,756,530 97,756,530
G. Oil, Gas, Minerals 43,350,020 1.0150 42,709,379 42,709,379
J. Utilities 56,813,660 .9401 60,433,635 60,433,635
L1. Commercial Personal 16,693,520 N/A 16,693,520 16,693,520
L2. Industrial Personal 2,708,030 N/A 2,708,030 2,708,030
M. Other Personal 999,278 N/A 999,278 999,278
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 325,210 N/A 325,210 325,210
Subtotal 656,633,268 809,064,466 809,064,466
Less Total Deductions 201,874,927   231,341,177 231,341,177
Total Taxable Value 454,758,341 577,723,289 577,723,289 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
610,538,748 577,723,289 610,538,748 577,723,289


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
32,815,459 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
675,938,748 643,123,289 675,938,748 643,123,289

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)