taxes Property Tax Assistance

2016 ISD Summary Worksheet

075/Fayette

075-903/Schulenburg ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 120,022,455 .9597 125,062,473 120,022,455
B. Multi-Family Residences 5,164,480 N/A 5,164,480 5,164,480
C1. Vacant Lots 6,639,101 N/A 6,639,101 6,639,101
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,760,340 1.0616 6,368,139 6,760,340
D2. Real Prop Farm & Ranch 106,930 N/A 106,930 106,930
E. Real Prop NonQual Acres 166,165,345 .9962 166,799,182 166,165,345
F1. Commercial Real 61,604,280 .8334 73,919,222 61,604,280
F2. Industrial Real 24,788,250 N/A 24,788,250 24,788,250
G. Oil, Gas, Minerals 1,353,950 N/A 1,353,950 1,353,950
J. Utilities 21,334,730 .8321 25,639,623 21,334,730
L1. Commercial Personal 14,133,230 N/A 14,133,230 14,133,230
L2. Industrial Personal 65,948,790 N/A 65,948,790 65,948,790
M. Other Personal 2,588,300 N/A 2,588,300 2,588,300
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 179,060 N/A 179,060 179,060
S. Special Inventory 1,686,720 N/A 1,686,720 1,686,720
Subtotal 498,475,961 520,377,450 498,475,961
Less Total Deductions 67,659,630   71,102,189 67,659,630
Total Taxable Value 430,816,331 449,275,261 430,816,331 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
443,514,496 430,816,331 443,514,496 430,816,331


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,698,165 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
443,514,496 430,816,331 443,514,496 430,816,331

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