taxes Property Tax Assistance

2016 ISD Summary Worksheet

228/Trinity

228-904/Centerville ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 7,404,276 N/A 7,404,276 7,404,276
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 197,825 N/A 197,825 197,825
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,117,097 N/A 8,117,097 8,117,097
D2. Real Prop Farm & Ranch 351,067 N/A 351,067 351,067
E. Real Prop NonQual Acres 17,689,335 N/A 17,689,335 17,689,335
F1. Commercial Real 627,243 N/A 627,243 627,243
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 846,250 N/A 846,250 846,250
J. Utilities 1,164,180 N/A 1,164,180 1,164,180
L1. Commercial Personal 134,456 N/A 134,456 134,456
L2. Industrial Personal 332,110 N/A 332,110 332,110
M. Other Personal 1,332,811 N/A 1,332,811 1,332,811
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 38,196,650 38,196,650 38,196,650
Less Total Deductions 9,771,824   9,771,824 9,771,824
Total Taxable Value 28,424,826 28,424,826 28,424,826 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
30,340,653 28,424,826 30,340,653 28,424,826


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,915,827 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
30,340,653 28,424,826 30,340,653 28,424,826

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