taxes Property Tax Assistance

2016 ISD Summary Worksheet

081/Freestone

081-904/Teague ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 88,971,573 N/A 88,971,573 88,971,573
B. Multi-Family Residences 444,704 N/A 444,704 444,704
C1. Vacant Lots 1,986,092 N/A 1,986,092 1,986,092
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,609,482 N/A 11,609,482 11,609,482
D2. Real Prop Farm & Ranch 6,372,827 N/A 6,372,827 6,372,827
E. Real Prop NonQual Acres 110,828,381 N/A 110,828,381 110,828,381
F1. Commercial Real 11,908,774 N/A 11,908,774 11,908,774
F2. Industrial Real 15,680,763 N/A 15,680,763 15,680,763
G. Oil, Gas, Minerals 145,799,860 N/A 145,799,860 145,799,860
J. Utilities 293,975,382 N/A 293,975,382 293,975,382
L1. Commercial Personal 12,366,555 N/A 12,366,555 12,366,555
L2. Industrial Personal 71,065,491 N/A 71,065,491 71,065,491
M. Other Personal 9,096,975 N/A 9,096,975 9,096,975
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 90,435 N/A 90,435 90,435
S. Special Inventory 202,016 N/A 202,016 202,016
Subtotal 780,399,310 780,399,310 780,399,310
Less Total Deductions 64,711,839   64,711,839 64,711,839
Total Taxable Value 715,687,471 715,687,471 715,687,471 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
727,060,111 715,687,471 727,060,111 715,687,471


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
11,372,640 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
727,060,111 715,687,471 727,060,111 715,687,471

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