taxes Property Tax Assistance

2018 ISD Summary Worksheet

223/Terry

223-902/Meadow ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 8,659,463 N/A 8,659,463 8,659,463
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 56,312 N/A 56,312 56,312
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 17,652,593 N/A 17,652,593 17,652,593
D2. Real Prop Farm & Ranch 1,290,594 N/A 1,290,594 1,290,594
E. Real Prop NonQual Acres 8,431,320 N/A 8,431,320 8,431,320
F1. Commercial Real 848,968 N/A 848,968 848,968
F2. Industrial Real 918,087 N/A 918,087 918,087
G. Oil, Gas, Minerals 13,905,613 N/A 13,905,613 13,905,613
J. Utilities 6,750,401 N/A 6,750,401 6,750,401
L1. Commercial Personal 96,241 N/A 96,241 96,241
L2. Industrial Personal 2,652,361 N/A 2,652,361 2,652,361
M. Other Personal 253,745 N/A 253,745 253,745
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 61,515,698 61,515,698 61,515,698
Less Total Deductions 6,153,609   6,153,609 6,153,609
Total Taxable Value 55,362,089 55,362,089 55,362,089 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
56,283,641 55,362,089 56,283,641 55,362,089


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
921,552 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
56,283,641 55,362,089 56,283,641 55,362,089

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