taxes Property Tax Assistance

2018 ISD Summary Worksheet

127/Jones

221-904/Merkel ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 0 N/A 0 0
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 79,050 N/A 79,050 79,050
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,849,420 1.0923 1,693,155 1,849,420
D2. Real Prop Farm & Ranch 553,110 N/A 553,110 553,110
E. Real Prop NonQual Acres 31,382,060 1.0104 31,059,046 31,382,060
F1. Commercial Real 302,400 N/A 302,400 302,400
F2. Industrial Real 91,600 N/A 91,600 91,600
G. Oil, Gas, Minerals 2,583,930 1.0033 2,575,431 2,583,930
J. Utilities 10,815,930 .9304 11,625,032 10,815,930
L1. Commercial Personal 435,880 N/A 435,880 435,880
L2. Industrial Personal 3,350,900 N/A 3,350,900 3,350,900
M. Other Personal 871,810 N/A 871,810 871,810
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 52,316,090 52,637,414 52,316,090
Less Total Deductions 10,443,796   10,443,796 10,443,796
Total Taxable Value 41,872,294 42,193,618 41,872,294 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
43,604,024 41,872,294 43,604,024 41,872,294


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,731,730 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
43,604,024 41,872,294 43,604,024 41,872,294

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

221/Taylor

221-904/Merkel ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 96,024,989 N/A 96,024,989 96,024,989
B. Multi-Family Residences 1,080,058 N/A 1,080,058 1,080,058
C1. Vacant Lots 5,753,233 N/A 5,753,233 5,753,233
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,182,824 N/A 10,182,824 10,182,824
D2. Real Prop Farm & Ranch 1,103,500 N/A 1,103,500 1,103,500
E. Real Prop NonQual Acres 43,485,156 N/A 43,485,156 43,485,156
F1. Commercial Real 47,183,008 N/A 47,183,008 47,183,008
F2. Industrial Real 86,381,354 N/A 86,381,354 86,381,354
G. Oil, Gas, Minerals 4,720,126 N/A 4,720,126 4,720,126
J. Utilities 65,273,941 N/A 65,273,941 65,273,941
L1. Commercial Personal 65,607,201 N/A 65,607,201 65,607,201
L2. Industrial Personal 12,837,013 N/A 12,837,013 12,837,013
M. Other Personal 6,244,987 N/A 6,244,987 6,244,987
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 982,517 N/A 982,517 982,517
Subtotal 446,859,907 446,859,907 446,859,907
Less Total Deductions 43,386,268   43,386,268 43,386,268
Total Taxable Value 403,473,639 403,473,639 403,473,639 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
412,883,183 403,473,639 412,883,183 403,473,639


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,409,544 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
412,883,183 403,473,639 412,883,183 403,473,639

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

221-904/Merkel ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 96,024,989 N/A 96,024,989 96,024,989
B. Multi-Family Residences 1,080,058 N/A 1,080,058 1,080,058
C1. Vacant Lots 5,832,283 N/A 5,832,283 5,832,283
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,032,244 1.0132 11,875,979 12,032,244
D2. Real Prop Farm & Ranch 1,656,610 N/A 1,656,610 1,656,610
E. Real Prop NonQual Acres 74,867,216 1.0043 74,544,202 74,867,216
F1. Commercial Real 47,485,408 N/A 47,485,408 47,485,408
F2. Industrial Real 86,472,954 N/A 86,472,954 86,472,954
G. Oil, Gas, Minerals 7,304,056 1.0012 7,295,557 7,304,056
J. Utilities 76,089,871 .9895 76,898,973 76,089,871
L1. Commercial Personal 66,043,081 N/A 66,043,081 66,043,081
L2. Industrial Personal 16,187,913 N/A 16,187,913 16,187,913
M. Other Personal 7,116,797 N/A 7,116,797 7,116,797
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 982,517 N/A 982,517 982,517
Subtotal 499,175,997 499,497,321 499,175,997
Less Total Deductions 53,830,064   53,830,064 53,830,064
Total Taxable Value 445,345,933 445,667,257 445,345,933 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

221-904/Merkel 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
456,487,207 445,345,933 456,487,207 445,345,933


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,141,274 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
456,487,207 445,345,933 456,487,207 445,345,933

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