taxes Property Tax Assistance

2018 ISD Summary Worksheet

233/Val Verde

233-903/Comstock ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 22,842,680 N/A 22,842,680 22,842,680
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 4,497,516 N/A 4,497,516 4,497,516
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 17,036,935 N/A 17,036,935 17,036,935
D2. Real Prop Farm & Ranch 255,310 N/A 255,310 255,310
E. Real Prop NonQual Acres 43,424,495 N/A 43,424,495 43,424,495
F1. Commercial Real 1,539,740 N/A 1,539,740 1,539,740
F2. Industrial Real 654,460 N/A 654,460 654,460
G. Oil, Gas, Minerals 16,980,865 N/A 16,980,865 16,980,865
J. Utilities 107,596,510 N/A 107,596,510 107,596,510
L1. Commercial Personal 285,960 N/A 285,960 285,960
L2. Industrial Personal 2,577,800 N/A 2,577,800 2,577,800
M. Other Personal 2,831,990 N/A 2,831,990 2,831,990
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 186,940 N/A 186,940 186,940
S. Special Inventory 0 N/A 0 0
Subtotal 220,711,201 220,711,201 220,711,201
Less Total Deductions 7,477,551   7,477,551 7,477,551
Total Taxable Value 213,233,650 213,233,650 213,233,650 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
214,550,144 213,233,650 214,188,997 212,872,503


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,316,494 361,147


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
214,550,144 213,233,650 214,188,997 212,872,503

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