taxes Property Tax Assistance

2016 ISD Summary Worksheet

126/Johnson

126-903/Cleburne ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 930,752,416 N/A 930,752,416 930,752,416
B. Multi-Family Residences 73,198,762 N/A 73,198,762 73,198,762
C1. Vacant Lots 61,972,383 N/A 61,972,383 61,972,383
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,460,882 N/A 8,460,882 8,460,882
D2. Real Prop Farm & Ranch 7,664,963 N/A 7,664,963 7,664,963
E. Real Prop NonQual Acres 289,200,217 N/A 289,200,217 289,200,217
F1. Commercial Real 303,740,729 N/A 303,740,729 303,740,729
F2. Industrial Real 256,102,469 N/A 256,102,469 256,102,469
G. Oil, Gas, Minerals 81,492,152 N/A 81,492,152 81,492,152
J. Utilities 203,511,771 N/A 203,511,771 203,511,771
L1. Commercial Personal 170,849,096 N/A 170,849,096 170,849,096
L2. Industrial Personal 349,537,548 N/A 349,537,548 349,537,548
M. Other Personal 4,676,038 N/A 4,676,038 4,676,038
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 4,433,764 N/A 4,433,764 4,433,764
S. Special Inventory 19,325,918 N/A 19,325,918 19,325,918
Subtotal 2,764,919,108 2,764,919,108 2,764,919,108
Less Total Deductions 374,968,258   374,968,258 374,968,258
Total Taxable Value 2,389,950,850 2,389,950,850 2,389,950,850 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
2,459,166,664 2,389,950,850 2,459,166,664 2,389,950,850


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
69,215,814 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
2,459,166,664 2,389,950,850 2,459,166,664 2,389,950,850

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