taxes Property Tax Assistance

2016 ISD Summary Worksheet

014/Bell

014-901/Academy ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 275,271,088 N/A 275,271,088 275,271,088
B. Multi-Family Residences 777,743 N/A 777,743 777,743
C1. Vacant Lots 3,258,459 N/A 3,258,459 3,258,459
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,992,342 N/A 9,992,342 9,992,342
D2. Real Prop Farm & Ranch 974,461 N/A 974,461 974,461
E. Real Prop NonQual Acres 65,753,715 N/A 65,753,715 65,753,715
F1. Commercial Real 5,527,997 N/A 5,527,997 5,527,997
F2. Industrial Real 2,174,178 N/A 2,174,178 2,174,178
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 27,561,185 N/A 27,561,185 27,561,185
L1. Commercial Personal 4,767,405 N/A 4,767,405 4,767,405
L2. Industrial Personal 3,975,823 N/A 3,975,823 3,975,823
M. Other Personal 785,180 N/A 785,180 785,180
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 12,458,706 N/A 12,458,706 12,458,706
S. Special Inventory 34,811 N/A 34,811 34,811
Subtotal 413,313,093 413,313,093 413,313,093
Less Total Deductions 63,749,474   63,749,474 63,749,474
Total Taxable Value 349,563,619 349,563,619 349,563,619 T2

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
364,979,526 349,563,619 364,979,526 349,563,619


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
15,415,907 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
364,979,526 349,563,619 364,979,526 349,563,619

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