taxes Property Tax Assistance

2016 ISD Summary Worksheet

168/Mitchell

168-903/Westbrook ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 37,270,920 N/A 37,270,920 37,270,920
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 981,460 N/A 981,460 981,460
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,818,404 N/A 12,818,404 12,818,404
D2. Real Prop Farm & Ranch 1,391,410 N/A 1,391,410 1,391,410
E. Real Prop NonQual Acres 15,645,521 N/A 15,645,521 15,645,521
F1. Commercial Real 2,501,590 N/A 2,501,590 2,501,590
F2. Industrial Real 65,090 N/A 65,090 65,090
G. Oil, Gas, Minerals 114,254,640 N/A 114,254,640 114,254,640
J. Utilities 52,512,940 N/A 52,512,940 52,512,940
L1. Commercial Personal 633,270 N/A 633,270 633,270
L2. Industrial Personal 1,256,180 N/A 1,256,180 1,256,180
M. Other Personal 1,322,630 N/A 1,322,630 1,322,630
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 240,654,055 240,654,055 240,654,055
Less Total Deductions 10,686,842   10,686,842 10,686,842
Total Taxable Value 229,967,213 229,967,213 229,967,213 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
231,973,613 229,967,213 231,973,613 229,967,213


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,006,400 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
231,973,613 229,967,213 231,973,613 229,967,213

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