taxes Property Tax Assistance

2016 ISD Summary Worksheet

057/Dallas

057-913/Lancaster ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 1,237,123,320 .9894 1,250,377,320 1,237,123,320
B. Multi-Family Residences 96,120,970 N/A 96,120,970 96,120,970
C1. Vacant Lots 54,661,920 N/A 54,661,920 54,661,920
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,197,160 .8599 1,392,207 1,197,160
D2. Real Prop Farm & Ranch 682,070 N/A 682,070 682,070
E. Real Prop NonQual Acres 11,584,712 N/A 11,584,712 11,584,712
F1. Commercial Real 415,049,150 .9074 457,404,838 415,049,150
F2. Industrial Real 35,465,840 N/A 35,465,840 35,465,840
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 138,696,620 .9204 150,691,678 138,696,620
L1. Commercial Personal 394,640,060 1.0271 384,227,495 394,640,060
L2. Industrial Personal 64,970,640 N/A 64,970,640 64,970,640
M. Other Personal 648,140 N/A 648,140 648,140
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 13,500 N/A 13,500 13,500
S. Special Inventory 3,028,530 N/A 3,028,530 3,028,530
Subtotal 2,453,882,632 2,511,269,860 2,453,882,632
Less Total Deductions 438,890,785   442,039,956 438,890,785
Total Taxable Value 2,014,991,847 2,069,229,904 2,014,991,847 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
2,086,062,973 2,014,991,847 2,086,062,973 2,014,991,847


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
71,071,126 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
2,086,062,973 2,014,991,847 2,086,062,973 2,014,991,847

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