taxes Property Tax Assistance

2016 ISD Summary Worksheet

187/Polk

187-901/Big Sandy ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 40,208,577 N/A 40,208,577 40,208,577
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 4,236,804 N/A 4,236,804 4,236,804
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 19,349,903 N/A 19,349,903 19,349,903
D2. Real Prop Farm & Ranch 2,396,181 N/A 2,396,181 2,396,181
E. Real Prop NonQual Acres 22,878,241 N/A 22,878,241 22,878,241
F1. Commercial Real 855,231 N/A 855,231 855,231
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 79,677,401 N/A 79,677,401 79,677,401
J. Utilities 14,938,433 N/A 14,938,433 14,938,433
L1. Commercial Personal 457,431 N/A 457,431 457,431
L2. Industrial Personal 21,639,832 N/A 21,639,832 21,639,832
M. Other Personal 5,061,858 N/A 5,061,858 5,061,858
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 566,058 N/A 566,058 566,058
Subtotal 212,265,950 212,265,950 212,265,950
Less Total Deductions 23,932,420   23,932,420 23,932,420
Total Taxable Value 188,333,530 188,333,530 188,333,530 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
192,686,775 188,333,530 189,194,473 184,841,228


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,353,245 3,492,302


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
192,686,775 188,333,530 189,194,473 184,841,228

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