taxes Property Tax Assistance

2018 ISD Summary Worksheet

216-Sterling

216-901/Sterling City ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	17,736,160	0.7649	23,187,554	17,736,160
B. MULTIFAMILY RESIDENCES	686,100	N/A	686,100	686,100
C1. VACANT LOTS	1,104,070	N/A	1,104,070	1,104,070
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	7,212,720	1.0473	6,887,208	7,212,720
D2. REAL PROP:FARM & RANCH	7,096,130	N/A	7,096,130	7,096,130
E. REAL PROP NONQUAL ACREAGE	11,587,190	0.8804	13,161,279	11,587,190
F1. COMMERCIAL REAL	4,102,230	N/A	4,102,230	4,102,230
F2. INDUSTRIAL REAL	656,429,040	N/A	656,429,040	656,429,040
G. OIL,GAS,MINERALS	89,658,400	1.0116	88,630,289	89,658,400
J. UTILITIES	133,035,160	0.9372	141,949,595	133,035,160
L1. COMMERCIAL PERSONAL	6,181,650	N/A	6,181,650	6,181,650
L2. INDUSTRIAL PERSONAL	17,477,900	N/A	17,477,900	17,477,900
M. MOBILE HOMES	464,980	N/A	464,980	464,980
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	952,771,730	0	967,358,025	952,771,730
Less Total Deductions	85,625,399	0	87,399,958	85,625,399
Total Taxable Value	867,146,331	0	879,958,067	867,146,331

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
869,427,511	867,146,331	869,427,511	867,146,331

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,281,180	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
945,860,511	943,579,331	945,860,511	943,579,331

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

216-901-02/Sterling City ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	17,736,160	0.7649	23,187,554	17,736,160
B. MULTIFAMILY RESIDENCES	686,100	N/A	686,100	686,100
C1. VACANT LOTS	1,104,070	N/A	1,104,070	1,104,070
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	7,212,720	1.0473	6,887,208	7,212,720
D2. REAL PROP:FARM & RANCH	7,096,130	N/A	7,096,130	7,096,130
E. REAL PROP NONQUAL ACREAGE	11,587,190	0.8804	13,161,279	11,587,190
F1. COMMERCIAL REAL	4,102,230	N/A	4,102,230	4,102,230
F2. INDUSTRIAL REAL	656,429,040	N/A	656,429,040	656,429,040
G. OIL,GAS,MINERALS	89,658,400	1.0116	88,630,289	89,658,400
J. UTILITIES	133,035,160	0.9372	141,949,595	133,035,160
L1. COMMERCIAL PERSONAL	6,181,650	N/A	6,181,650	6,181,650
L2. INDUSTRIAL PERSONAL	17,477,900	N/A	17,477,900	17,477,900
M. MOBILE HOMES	464,980	N/A	464,980	464,980
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	952,771,730		967,358,025	952,771,730
Less Total Deductions	85,625,399		87,399,958	85,625,399
Total Taxable Value	867,146,331		879,958,067	867,146,331

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
869,427,511	867,146,331	869,427,511	867,146,331

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,281,180	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
945,860,511	943,579,331	945,860,511	943,579,331

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