taxes Property Tax Assistance

2018 ISD Summary Worksheet

026-Burleson

026-902/Somerville ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 156,070,949 0.9576 162,981,359 156,070,949
B. MULTIFAMILY RESIDENCES 837,616 N/A 837,616 837,616
C1. VACANT LOTS 23,203,807 0.9062 25,605,614 23,203,807
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 5,074,899 0.9625 5,272,431 5,074,899
D2. REAL PROP:FARM & RANCH 8,046,877 N/A 8,046,877 8,046,877
E. REAL PROP NONQUAL ACREAGE 65,815,573 0.9547 68,938,486 65,815,573
F1. COMMERCIAL REAL 22,348,366 1.0077 22,177,598 22,348,366
F2. INDUSTRIAL REAL 2,054,052 N/A 2,054,052 2,054,052
G. OIL,GAS,MINERALS 20,191,100 N/A 20,191,100 20,191,100
J. UTILITIES 24,855,496 0.9527 26,089,531 24,855,496
L1. COMMERCIAL PERSONAL 7,456,056 N/A 7,456,056 7,456,056
L2. INDUSTRIAL PERSONAL 46,904,236 N/A 46,904,236 46,904,236
M. MOBILE HOMES 10,857,628 N/A 10,857,628 10,857,628
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 217,983 N/A 217,983 217,983
S. SPECIAL INVENTORY 35,000 N/A 35,000 35,000
Subtotal 393,969,638 0 407,665,567 393,969,638
Less Total Deductions 83,153,099 0 86,710,289 83,153,099
Total Taxable Value 310,816,539 0 320,955,278 310,816,539

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
320,783,398 310,816,539 320,783,398 310,816,539


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,966,859 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
320,783,398 310,816,539 320,783,398 310,816,539

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

026-902-02/Somerville ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 156,070,949 0.9576 162,981,359 156,070,949
B. MULTIFAMILY RESIDENCES 837,616 N/A 837,616 837,616
C1. VACANT LOTS 23,203,807 0.9062 25,605,614 23,203,807
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 5,074,899 0.9625 5,272,431 5,074,899
D2. REAL PROP:FARM & RANCH 8,046,877 N/A 8,046,877 8,046,877
E. REAL PROP NONQUAL ACREAGE 65,815,573 0.9547 68,938,486 65,815,573
F1. COMMERCIAL REAL 22,348,366 1.0077 22,177,598 22,348,366
F2. INDUSTRIAL REAL 2,054,052 N/A 2,054,052 2,054,052
G. OIL,GAS,MINERALS 20,191,100 N/A 20,191,100 20,191,100
J. UTILITIES 24,855,496 0.9527 26,089,531 24,855,496
L1. COMMERCIAL PERSONAL 7,456,056 N/A 7,456,056 7,456,056
L2. INDUSTRIAL PERSONAL 46,904,236 N/A 46,904,236 46,904,236
M. MOBILE HOMES 10,857,628 N/A 10,857,628 10,857,628
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 217,983 N/A 217,983 217,983
S. SPECIAL INVENTORY 35,000 N/A 35,000 35,000
Subtotal 393,969,638 407,665,567 393,969,638
Less Total Deductions 83,153,099 86,710,289 83,153,099
Total Taxable Value 310,816,539 320,955,278 310,816,539

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
320,783,398 310,816,539 320,783,398 310,816,539


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
9,966,859 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
320,783,398 310,816,539 320,783,398 310,816,539

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