taxes Property Tax Assistance

2018 ISD Summary Worksheet

245/Willacy

245-904/San Perlita ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 53,502,963 N/A 53,502,963 53,502,963
B. Multi-Family Residences 4,252,766 N/A 4,252,766 4,252,766
C1. Vacant Lots 3,966,373 N/A 3,966,373 3,966,373
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 14,674,194 N/A 14,674,194 14,674,194
D2. Real Prop Farm & Ranch 504,275 N/A 504,275 504,275
E. Real Prop NonQual Acres 4,231,165 N/A 4,231,165 4,231,165
F1. Commercial Real 4,566,287 N/A 4,566,287 4,566,287
F2. Industrial Real 405,826 N/A 405,826 405,826
G. Oil, Gas, Minerals 1,968 N/A 1,968 1,968
J. Utilities 39,421,592 N/A 39,421,592 39,421,592
L1. Commercial Personal 225,737,783 N/A 225,737,783 225,737,783
L2. Industrial Personal 604,950 N/A 604,950 604,950
M. Other Personal 528,601 N/A 528,601 528,601
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 352,398,743 352,398,743 352,398,743
Less Total Deductions 240,397,331   240,397,331 240,397,331
Total Taxable Value 112,001,412 112,001,412 112,001,412 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
114,295,225 112,001,412 114,295,225 112,001,412


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,293,813 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
343,667,895 341,374,082 343,667,895 341,374,082

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