taxes Property Tax Assistance

2018 ISD Summary Worksheet

133-Kerr

133-905/Divide ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	214,025	N/A	214,025	214,025
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	0	N/A	0	0
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	10,661,143	N/A	10,661,143	10,661,143
D2. REAL PROP:FARM & RANCH	792,271	N/A	792,271	792,271
E. REAL PROP NONQUAL ACREAGE	51,736,853	N/A	51,736,853	51,736,853
F1. COMMERCIAL REAL	388,238	N/A	388,238	388,238
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	3,573,992	N/A	3,573,992	3,573,992
L1. COMMERCIAL PERSONAL	705,571	N/A	705,571	705,571
L2. INDUSTRIAL PERSONAL	275,241	N/A	275,241	275,241
M. MOBILE HOMES	882,534	N/A	882,534	882,534
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	353,837	N/A	353,837	353,837
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	69,583,705	0	69,583,705	69,583,705
Less Total Deductions	3,002,673	0	3,002,673	3,002,673
Total Taxable Value	66,581,032	0	66,581,032	66,581,032

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
66,929,757	66,581,032	66,929,757	66,581,032

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
348,725	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
66,929,757	66,581,032	66,929,757	66,581,032

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

133-905-02/Divide ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	214,025	N/A	214,025	214,025
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	0	N/A	0	0
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	10,661,143	N/A	10,661,143	10,661,143
D2. REAL PROP:FARM & RANCH	792,271	N/A	792,271	792,271
E. REAL PROP NONQUAL ACREAGE	51,736,853	N/A	51,736,853	51,736,853
F1. COMMERCIAL REAL	388,238	N/A	388,238	388,238
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	3,573,992	N/A	3,573,992	3,573,992
L1. COMMERCIAL PERSONAL	705,571	N/A	705,571	705,571
L2. INDUSTRIAL PERSONAL	275,241	N/A	275,241	275,241
M. MOBILE HOMES	882,534	N/A	882,534	882,534
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	353,837	N/A	353,837	353,837
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	69,583,705		69,583,705	69,583,705
Less Total Deductions	3,002,673		3,002,673	3,002,673
Total Taxable Value	66,581,032		66,581,032	66,581,032

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
66,929,757	66,581,032	66,929,757	66,581,032

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
348,725	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
66,929,757	66,581,032	66,929,757	66,581,032

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