taxes Property Tax Assistance

2016 ISD Summary Worksheet

041/Coke

226-905/Water Valley ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 91,280 N/A 91,280 91,280
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,305,480 .9117 5,819,117 5,305,480
D2. Real Prop Farm & Ranch 219,690 N/A 219,690 219,690
E. Real Prop NonQual Acres 2,602,320 .8153 3,191,856 2,602,320
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 122,420 N/A 122,420 122,420
J. Utilities 6,302,330 .8735 7,215,031 6,302,330
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 142,590 N/A 142,590 142,590
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 14,786,110 16,801,984 14,786,110
Less Total Deductions 669,026   669,026 669,026
Total Taxable Value 14,117,084 16,132,958 14,117,084 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
14,237,864 14,117,084 14,237,864 14,117,084


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
120,780 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
14,237,864 14,117,084 14,237,864 14,117,084

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 invalid, but local value was certified because your school district is in year one of the grace period.

226/Tom Green

226-905/Water Valley ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 56,862,360 N/A 56,862,360 56,862,360
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,913,290 N/A 1,913,290 1,913,290
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,125,790 N/A 11,125,790 11,125,790
D2. Real Prop Farm & Ranch 2,776,310 N/A 2,776,310 2,776,310
E. Real Prop NonQual Acres 16,627,770 N/A 16,627,770 16,627,770
F1. Commercial Real 2,186,120 N/A 2,186,120 2,186,120
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 18,846,870 N/A 18,846,870 18,846,870
J. Utilities 14,870,470 N/A 14,870,470 14,870,470
L1. Commercial Personal 2,739,680 N/A 2,739,680 2,739,680
L2. Industrial Personal 6,954,600 N/A 6,954,600 6,954,600
M. Other Personal 1,094,930 N/A 1,094,930 1,094,930
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 466,090 N/A 466,090 466,090
S. Special Inventory 0 N/A 0 0
Subtotal 136,464,280 136,464,280 136,464,280
Less Total Deductions 26,362,617   26,362,617 26,362,617
Total Taxable Value 110,101,663 110,101,663 110,101,663 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
114,116,373 110,101,663 114,116,373 110,101,663


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,014,710 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
114,116,373 110,101,663 114,116,373 110,101,663

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

226-905/Water Valley ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 56,953,640 N/A 56,953,640 56,953,640
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,913,290 N/A 1,913,290 1,913,290
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 16,431,270 .9697 16,944,907 16,431,270
D2. Real Prop Farm & Ranch 2,996,000 N/A 2,996,000 2,996,000
E. Real Prop NonQual Acres 19,230,090 .9703 19,819,626 19,230,090
F1. Commercial Real 2,186,120 N/A 2,186,120 2,186,120
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 18,969,290 N/A 18,969,290 18,969,290
J. Utilities 21,172,800 .9587 22,085,501 21,172,800
L1. Commercial Personal 2,739,680 N/A 2,739,680 2,739,680
L2. Industrial Personal 6,954,600 N/A 6,954,600 6,954,600
M. Other Personal 1,237,520 N/A 1,237,520 1,237,520
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 466,090 N/A 466,090 466,090
S. Special Inventory 0 N/A 0 0
Subtotal 151,250,390 153,266,264 151,250,390
Less Total Deductions 27,031,643   27,031,643 27,031,643
Total Taxable Value 124,218,747 126,234,621 124,218,747 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