taxes Property Tax Assistance

2016 ISD Summary Worksheet

127/Jones

221-904/Merkel ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 164,080 N/A 164,080 164,080
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 96,910 N/A 96,910 96,910
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,948,090 1.1044 1,764,009 1,948,090
D2. Real Prop Farm & Ranch 639,970 N/A 639,970 639,970
E. Real Prop NonQual Acres 30,226,740 1.0604 28,505,036 30,226,740
F1. Commercial Real 322,490 N/A 322,490 322,490
F2. Industrial Real 100,570 N/A 100,570 100,570
G. Oil, Gas, Minerals 3,145,830 .9765 3,221,536 3,145,830
J. Utilities 9,360,930 .9986 9,374,054 9,360,930
L1. Commercial Personal 442,920 N/A 442,920 442,920
L2. Industrial Personal 3,392,100 N/A 3,392,100 3,392,100
M. Other Personal 809,170 N/A 809,170 809,170
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 50,649,800 48,832,845 50,649,800
Less Total Deductions 11,003,119   11,003,119 11,003,119
Total Taxable Value 39,646,681 37,829,726 39,646,681 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
41,384,061 39,646,681 41,384,061 39,646,681


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,737,380 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
41,384,061 39,646,681 41,384,061 39,646,681

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

221/Taylor

221-904/Merkel ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 85,050,696 N/A 85,050,696 85,050,696
B. Multi-Family Residences 1,000,247 N/A 1,000,247 1,000,247
C1. Vacant Lots 5,279,545 N/A 5,279,545 5,279,545
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 10,148,616 N/A 10,148,616 10,148,616
D2. Real Prop Farm & Ranch 1,041,935 N/A 1,041,935 1,041,935
E. Real Prop NonQual Acres 38,268,737 N/A 38,268,737 38,268,737
F1. Commercial Real 44,330,891 N/A 44,330,891 44,330,891
F2. Industrial Real 55,149,441 N/A 55,149,441 55,149,441
G. Oil, Gas, Minerals 3,506,028 N/A 3,506,028 3,506,028
J. Utilities 51,764,797 N/A 51,764,797 51,764,797
L1. Commercial Personal 86,498,485 N/A 86,498,485 86,498,485
L2. Industrial Personal 3,922,738 N/A 3,922,738 3,922,738
M. Other Personal 6,381,620 N/A 6,381,620 6,381,620
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 990,518 N/A 990,518 990,518
Subtotal 393,334,294 393,334,294 393,334,294
Less Total Deductions 41,465,355   41,465,355 41,465,355
Total Taxable Value 351,868,939 351,868,939 351,868,939 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
361,292,312 351,868,939 361,292,312 351,868,939


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,423,373 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
361,292,312 351,868,939 361,292,312 351,868,939

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

221-904/Merkel ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 85,214,776 N/A 85,214,776 85,214,776
B. Multi-Family Residences 1,000,247 N/A 1,000,247 1,000,247
C1. Vacant Lots 5,376,455 N/A 5,376,455 5,376,455
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,096,706 1.0155 11,912,625 12,096,706
D2. Real Prop Farm & Ranch 1,681,905 N/A 1,681,905 1,681,905
E. Real Prop NonQual Acres 68,495,477 1.0258 66,773,773 68,495,477
F1. Commercial Real 44,653,381 N/A 44,653,381 44,653,381
F2. Industrial Real 55,250,011 N/A 55,250,011 55,250,011
G. Oil, Gas, Minerals 6,651,858 .9887 6,727,564 6,651,858
J. Utilities 61,125,727 .9998 61,138,851 61,125,727
L1. Commercial Personal 86,941,405 N/A 86,941,405 86,941,405
L2. Industrial Personal 7,314,838 N/A 7,314,838 7,314,838
M. Other Personal 7,190,790 N/A 7,190,790 7,190,790
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 990,518 N/A 990,518 990,518
Subtotal 443,984,094 442,167,139 443,984,094
Less Total Deductions 52,468,474   52,468,474 52,468,474
Total Taxable Value 391,515,620 389,698,665 391,515,620 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