taxes Property Tax Assistance

2018 ISD Summary Worksheet

035-Castro

035-903/Nazareth ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	22,966,900	1.0235	22,439,570	22,966,900
B. MULTIFAMILY RESIDENCES	528,930	N/A	528,930	528,930
C1. VACANT LOTS	536,540	N/A	536,540	536,540
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	7,809,440	1.0965	7,122,235	7,809,440
D2. REAL PROP:FARM & RANCH	1,433,750	N/A	1,433,750	1,433,750
E. REAL PROP NONQUAL ACREAGE	6,902,250	0.9576	7,207,863	6,902,250
F1. COMMERCIAL REAL	1,087,330	N/A	1,087,330	1,087,330
F2. INDUSTRIAL REAL	66,360	N/A	66,360	66,360
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	21,559,120	N/A	21,559,120	21,559,120
L1. COMMERCIAL PERSONAL	1,011,200	N/A	1,011,200	1,011,200
L2. INDUSTRIAL PERSONAL	118,030	N/A	118,030	118,030
M. MOBILE HOMES	235,940	N/A	235,940	235,940
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	510	N/A	510	510
Subtotal	64,256,300	0	63,347,378	64,256,300
Less Total Deductions	8,201,533	0	8,046,330	8,201,533
Total Taxable Value	56,054,767	0	55,301,048	56,054,767

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
57,838,977	56,054,767	57,838,977	56,054,767

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,784,210	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
57,838,977	56,054,767	57,838,977	56,054,767

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

035-903-02/Nazareth ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	22,966,900	1.0235	22,439,570	22,966,900
B. MULTIFAMILY RESIDENCES	528,930	N/A	528,930	528,930
C1. VACANT LOTS	536,540	N/A	536,540	536,540
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	7,809,440	1.0965	7,122,235	7,809,440
D2. REAL PROP:FARM & RANCH	1,433,750	N/A	1,433,750	1,433,750
E. REAL PROP NONQUAL ACREAGE	6,902,250	0.9576	7,207,863	6,902,250
F1. COMMERCIAL REAL	1,087,330	N/A	1,087,330	1,087,330
F2. INDUSTRIAL REAL	66,360	N/A	66,360	66,360
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	21,559,120	N/A	21,559,120	21,559,120
L1. COMMERCIAL PERSONAL	1,011,200	N/A	1,011,200	1,011,200
L2. INDUSTRIAL PERSONAL	118,030	N/A	118,030	118,030
M. MOBILE HOMES	235,940	N/A	235,940	235,940
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	510	N/A	510	510
Subtotal	64,256,300		63,347,378	64,256,300
Less Total Deductions	8,201,533		8,046,330	8,201,533
Total Taxable Value	56,054,767		55,301,048	56,054,767

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
57,838,977	56,054,767	57,838,977	56,054,767

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
1,784,210	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
57,838,977	56,054,767	57,838,977	56,054,767

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