taxes Property Tax Assistance

2016 ISD Summary Worksheet

048/Concho

048-903/Paint Rock ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 23,129,160 .7850 29,463,898 29,463,898
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 4,509,620 N/A 4,509,620 4,509,620
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 14,777,860 .9434 15,663,642 15,663,642
D2. Real Prop Farm & Ranch 1,798,730 N/A 1,798,730 1,798,730
E. Real Prop NonQual Acres 12,105,820 .7752 15,616,383 15,616,383
F1. Commercial Real 1,911,540 N/A 1,911,540 1,911,540
F2. Industrial Real 161,910 N/A 161,910 161,910
G. Oil, Gas, Minerals 925,853 N/A 925,853 925,853
J. Utilities 16,429,303 .8699 18,886,427 18,886,427
L1. Commercial Personal 461,910 N/A 461,910 461,910
L2. Industrial Personal 1,822,115 N/A 1,822,115 1,822,115
M. Other Personal 1,298,760 N/A 1,298,760 1,298,760
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 189,530 N/A 189,530 189,530
S. Special Inventory 0 N/A 0 0
Subtotal 79,522,111 92,710,318 92,710,318
Less Total Deductions 6,025,421   7,283,337 7,283,337
Total Taxable Value 73,496,690 85,426,981 85,426,981 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
86,201,501 85,426,981 86,201,501 85,426,981


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
774,520 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
86,201,501 85,426,981 86,201,501 85,426,981

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:

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)