taxes Property Tax Assistance

2018 ISD Summary Worksheet

161-McLennan

161-906/La Vega ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	307,813,860	0.9672	318,252,543	307,813,860
B. MULTIFAMILY RESIDENCES	17,691,014	N/A	17,691,014	17,691,014
C1. VACANT LOTS	19,390,854	N/A	19,390,854	19,390,854
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	1,505,149	1.0459	1,439,097	1,505,149
D2. REAL PROP:FARM & RANCH	789,210	N/A	789,210	789,210
E. REAL PROP NONQUAL ACREAGE	25,276,392	N/A	25,276,392	25,276,392
F1. COMMERCIAL REAL	275,085,120	0.9914	277,471,374	275,085,120
F2. INDUSTRIAL REAL	124,655,586	N/A	124,655,586	124,655,586
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	36,583,070	N/A	36,583,070	36,583,070
L1. COMMERCIAL PERSONAL	237,342,330	1.0217	232,301,390	237,342,330
L2. INDUSTRIAL PERSONAL	15,901,580	N/A	15,901,580	15,901,580
M. MOBILE HOMES	4,380,720	N/A	4,380,720	4,380,720
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	894,420	N/A	894,420	894,420
S. SPECIAL INVENTORY	676,850	N/A	676,850	676,850
Subtotal	1,067,986,155	0	1,075,704,100	1,067,986,155
Less Total Deductions	164,856,533	0	168,323,741	164,856,533
Total Taxable Value	903,129,622	0	907,380,359	903,129,622

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
923,728,191	903,129,622	923,728,191	903,129,622

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
20,598,569	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
923,728,191	903,129,622	923,728,191	903,129,622

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

161-906-02/La Vega ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	307,813,860	0.9672	318,252,543	307,813,860
B. MULTIFAMILY RESIDENCES	17,691,014	N/A	17,691,014	17,691,014
C1. VACANT LOTS	19,390,854	N/A	19,390,854	19,390,854
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	1,505,149	1.0459	1,439,097	1,505,149
D2. REAL PROP:FARM & RANCH	789,210	N/A	789,210	789,210
E. REAL PROP NONQUAL ACREAGE	25,276,392	N/A	25,276,392	25,276,392
F1. COMMERCIAL REAL	275,085,120	0.9914	277,471,374	275,085,120
F2. INDUSTRIAL REAL	124,655,586	N/A	124,655,586	124,655,586
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	36,583,070	N/A	36,583,070	36,583,070
L1. COMMERCIAL PERSONAL	237,342,330	1.0217	232,301,390	237,342,330
L2. INDUSTRIAL PERSONAL	15,901,580	N/A	15,901,580	15,901,580
M. MOBILE HOMES	4,380,720	N/A	4,380,720	4,380,720
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	894,420	N/A	894,420	894,420
S. SPECIAL INVENTORY	676,850	N/A	676,850	676,850
Subtotal	1,067,986,155		1,075,704,100	1,067,986,155
Less Total Deductions	164,856,533		168,323,741	164,856,533
Total Taxable Value	903,129,622		907,380,359	903,129,622

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
923,728,191	903,129,622	923,728,191	903,129,622

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
20,598,569	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
923,728,191	903,129,622	923,728,191	903,129,622

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