taxes Property Tax Assistance

2016 ISD Summary Worksheet

034/Cass

034-907/Queen City ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 60,294,402 N/A 60,294,402 60,294,402
B. Multi-Family Residences 4,942,000 N/A 4,942,000 4,942,000
C1. Vacant Lots 2,568,850 N/A 2,568,850 2,568,850
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,624,592 N/A 5,624,592 5,624,592
D2. Real Prop Farm & Ranch 1,600,850 N/A 1,600,850 1,600,850
E. Real Prop NonQual Acres 93,410,731 N/A 93,410,731 93,410,731
F1. Commercial Real 14,405,543 N/A 14,405,543 14,405,543
F2. Industrial Real 232,807,570 N/A 232,807,570 232,807,570
G. Oil, Gas, Minerals 19,498 N/A 19,498 19,498
J. Utilities 16,839,310 N/A 16,839,310 16,839,310
L1. Commercial Personal 3,881,298 N/A 3,881,298 3,881,298
L2. Industrial Personal 85,382,870 N/A 85,382,870 85,382,870
M. Other Personal 6,063,410 N/A 6,063,410 6,063,410
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 46,470 N/A 46,470 46,470
S. Special Inventory 413,610 N/A 413,610 413,610
Subtotal 528,301,004 528,301,004 528,301,004
Less Total Deductions 81,109,246   81,109,246 81,109,246
Total Taxable Value 447,191,758 447,191,758 447,191,758 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
459,344,645 447,191,758 448,473,546 436,320,659


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,152,887 10,871,099


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
459,344,645 447,191,758 448,473,546 436,320,659

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