taxes Property Tax Assistance

2018 ISD Summary Worksheet

219/Swisher

219-903/Tulia 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 61,288,831 .6880 89,082,603 61,288,831
B. Multi-Family Residences 552,480 N/A 552,480 552,480
C1. Vacant Lots 766,710 N/A 766,710 766,710
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 24,615,927 .8628 28,531,736 24,615,927
D2. Real Prop Farm & Ranch 1,939,251 N/A 1,939,251 1,939,251
E. Real Prop NonQual Acres 19,849,510 .7161 27,718,908 19,849,510
F1. Commercial Real 12,062,640 .6360 18,966,415 12,062,640
F2. Industrial Real 9,201,350 N/A 9,201,350 9,201,350
G. Oil, Gas, Minerals 6,375 N/A 6,375 6,375
J. Utilities 31,056,280 .9735 31,901,674 31,056,280
L1. Commercial Personal 12,101,240 1.0033 12,061,437 12,101,240
L2. Industrial Personal 9,330,840 N/A 9,330,840 9,330,840
M. Other Personal 290,680 N/A 290,680 290,680
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 452,090 N/A 452,090 452,090
Subtotal 183,514,204 230,802,549 183,514,204
Less Total Deductions 31,991,968   44,418,563 31,991,968
Total Taxable Value 151,522,236 186,383,986 151,522,236 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
159,085,754 151,522,236 159,085,754 151,522,236


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,563,518 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
159,085,754 151,522,236 159,085,754 151,522,236

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.