taxes Property Tax Assistance

2016 ISD Summary Worksheet

075/Fayette

075-908/Round Top-Carmine ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 78,060,909 .9718 80,326,105 78,060,909
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 4,836,974 N/A 4,836,974 4,836,974
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,942,382 1.1053 5,376,107 5,942,382
D2. Real Prop Farm & Ranch 608,470 N/A 608,470 608,470
E. Real Prop NonQual Acres 168,644,927 .9290 181,533,829 168,644,927
F1. Commercial Real 30,901,993 .9355 33,032,595 30,901,993
F2. Industrial Real 460,540 N/A 460,540 460,540
G. Oil, Gas, Minerals 16,016,420 1.0095 15,865,696 16,016,420
J. Utilities 22,212,220 .7730 28,735,084 22,212,220
L1. Commercial Personal 5,675,080 N/A 5,675,080 5,675,080
L2. Industrial Personal 2,986,410 N/A 2,986,410 2,986,410
M. Other Personal 1,573,570 N/A 1,573,570 1,573,570
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 337,919,895 361,010,460 337,919,895
Less Total Deductions 46,258,112   48,014,643 46,258,112
Total Taxable Value 291,661,783 312,995,817 291,661,783 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
297,727,632 291,661,783 286,452,715 280,386,866


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,065,849 11,274,917


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
297,727,632 291,661,783 286,452,715 280,386,866

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