taxes Property Tax Assistance

2016 ISD Summary Worksheet

072/Erath

072-903/Stephenville ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 658,072,160 N/A 658,072,160 658,072,160
B. Multi-Family Residences 114,319,360 N/A 114,319,360 114,319,360
C1. Vacant Lots 11,279,330 N/A 11,279,330 11,279,330
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 16,649,890 N/A 16,649,890 16,649,890
D2. Real Prop Farm & Ranch 5,949,290 N/A 5,949,290 5,949,290
E. Real Prop NonQual Acres 252,948,130 N/A 252,948,130 252,948,130
F1. Commercial Real 245,048,130 N/A 245,048,130 245,048,130
F2. Industrial Real 55,491,880 N/A 55,491,880 55,491,880
G. Oil, Gas, Minerals 705,610 N/A 705,610 705,610
J. Utilities 54,877,630 N/A 54,877,630 54,877,630
L1. Commercial Personal 108,329,570 N/A 108,329,570 108,329,570
L2. Industrial Personal 297,793,230 N/A 297,793,230 297,793,230
M. Other Personal 8,088,170 N/A 8,088,170 8,088,170
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,954,410 N/A 1,954,410 1,954,410
S. Special Inventory 7,961,360 N/A 7,961,360 7,961,360
Subtotal 1,839,468,150 1,839,468,150 1,839,468,150
Less Total Deductions 326,076,840   326,076,840 326,076,840
Total Taxable Value 1,513,391,310 1,513,391,310 1,513,391,310 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
1,555,224,059 1,513,391,310 1,555,224,059 1,513,391,310


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
41,832,749 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
1,555,224,059 1,513,391,310 1,555,224,059 1,513,391,310

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