taxes Property Tax Assistance

2016 ISD Summary Worksheet

067/Eastland

067-903/Eastland ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 160,593,320 .9532 168,478,095 160,593,320
B. Multi-Family Residences 4,802,550 N/A 4,802,550 4,802,550
C1. Vacant Lots 5,215,340 N/A 5,215,340 5,215,340
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,719,390 .8093 13,244,517 10,719,390
D2. Real Prop Farm & Ranch 14,180,500 N/A 14,180,500 14,180,500
E. Real Prop NonQual Acres 95,481,110 .9282 102,866,958 95,481,110
F1. Commercial Real 76,973,220 1.0150 75,835,685 76,973,220
F2. Industrial Real 16,228,490 N/A 16,228,490 16,228,490
G. Oil, Gas, Minerals 5,652,270 N/A 5,652,270 5,652,270
J. Utilities 60,316,370 1.0165 59,337,304 60,316,370
L1. Commercial Personal 21,652,440 .9433 22,953,928 21,652,440
L2. Industrial Personal 66,672,060 N/A 66,672,060 66,672,060
M. Other Personal 2,918,200 N/A 2,918,200 2,918,200
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 6,052,720 N/A 6,052,720 6,052,720
Subtotal 547,457,980 564,438,617 547,457,980
Less Total Deductions 88,427,751   92,297,364 88,427,751
Total Taxable Value 459,030,229 472,141,253 459,030,229 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
473,544,679 459,030,229 473,544,679 459,030,229


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,514,450 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
473,544,679 459,030,229 473,544,679 459,030,229

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