taxes Property Tax Assistance

2018 ISD Summary Worksheet

214-Starr

214-903/Roma ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 289,671,972 0.7308 396,376,535 396,376,535
B. MULTIFAMILY RESIDENCES 11,797,490 N/A 11,797,490 11,797,490
C1. VACANT LOTS 34,188,311 0.7917 43,183,417 43,183,417
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 23,619,533 0.7562 31,234,931 31,234,931
D2. REAL PROP:FARM & RANCH 590,500 N/A 590,500 590,500
E. REAL PROP NONQUAL ACREAGE 27,369,376 N/A 27,369,376 27,369,376
F1. COMMERCIAL REAL 46,743,682 0.7717 60,572,349 60,572,349
F2. INDUSTRIAL REAL 97,756,530 N/A 97,756,530 97,756,530
G. OIL,GAS,MINERALS 43,350,020 1.0150 42,709,379 42,709,379
J. UTILITIES 56,813,660 0.9401 60,433,635 60,433,635
L1. COMMERCIAL PERSONAL 16,697,000 N/A 16,697,000 16,697,000
L2. INDUSTRIAL PERSONAL 2,666,630 N/A 2,666,630 2,666,630
M. MOBILE HOMES 999,278 N/A 999,278 999,278
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 318,060 N/A 318,060 318,060
Subtotal 652,582,042 0 792,705,110 792,705,110
Less Total Deductions 202,641,589 0 230,717,849 230,717,849
Total Taxable Value 449,940,453 0 561,987,261 561,987,261

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
594,974,699 561,987,261 594,974,699 561,987,261


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
32,987,438 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
660,374,699 627,387,261 660,374,699 627,387,261

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

214-903-02/Roma ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 289,671,972 0.7308 396,376,535 396,376,535
B. MULTIFAMILY RESIDENCES 11,797,490 N/A 11,797,490 11,797,490
C1. VACANT LOTS 34,188,311 0.7917 43,183,417 43,183,417
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 23,619,533 0.7562 31,234,931 31,234,931
D2. REAL PROP:FARM & RANCH 590,500 N/A 590,500 590,500
E. REAL PROP NONQUAL ACREAGE 27,369,376 N/A 27,369,376 27,369,376
F1. COMMERCIAL REAL 46,743,682 0.7717 60,572,349 60,572,349
F2. INDUSTRIAL REAL 97,756,530 N/A 97,756,530 97,756,530
G. OIL,GAS,MINERALS 43,350,020 1.0150 42,709,379 42,709,379
J. UTILITIES 56,813,660 0.9401 60,433,635 60,433,635
L1. COMMERCIAL PERSONAL 16,697,000 N/A 16,697,000 16,697,000
L2. INDUSTRIAL PERSONAL 2,666,630 N/A 2,666,630 2,666,630
M. MOBILE HOMES 999,278 N/A 999,278 999,278
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 318,060 N/A 318,060 318,060
Subtotal 652,582,042 792,705,110 792,705,110
Less Total Deductions 202,641,589 230,717,849 230,717,849
Total Taxable Value 449,940,453 561,987,261 561,987,261

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
594,974,699 561,987,261 594,974,699 561,987,261


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
32,987,438 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
660,374,699 627,387,261 660,374,699 627,387,261

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