taxes Property Tax Assistance

2016 ISD Summary Worksheet

107/Henderson

107-908/Murchison ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 19,186,460 1.0031 19,127,166 19,186,460
B. Multi-Family Residences 638,860 N/A 638,860 638,860
C1. Vacant Lots 717,010 N/A 717,010 717,010
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 605,600 1.1484 527,358 605,600
D2. Real Prop Farm & Ranch 91,930 N/A 91,930 91,930
E. Real Prop NonQual Acres 8,606,910 .9484 9,075,190 8,606,910
F1. Commercial Real 2,471,170 .8524 2,899,073 2,471,170
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 1,206,741 .9806 1,230,615 1,206,741
J. Utilities 5,411,140 .9210 5,875,288 5,411,140
L1. Commercial Personal 1,065,230 N/A 1,065,230 1,065,230
L2. Industrial Personal 2,274,870 N/A 2,274,870 2,274,870
M. Other Personal 425,130 N/A 425,130 425,130
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 200,850 N/A 200,850 200,850
Subtotal 42,901,901 44,148,570 42,901,901
Less Total Deductions 8,331,760   8,303,958 8,331,760
Total Taxable Value 34,570,141 35,844,612 34,570,141 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
36,388,691 34,570,141 36,388,691 34,570,141


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,818,550 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
36,388,691 34,570,141 36,388,691 34,570,141

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