taxes Property Tax Assistance

2016 ISD Summary Worksheet

018/Bosque

018-906/Iredell ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 10,154,096 .8867 11,451,557 11,451,557
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 4,076,173 N/A 4,076,173 4,076,173
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,302,714 .8937 5,933,320 5,933,320
D2. Real Prop Farm & Ranch 3,014,356 N/A 3,014,356 3,014,356
E. Real Prop NonQual Acres 41,247,271 .8924 46,220,608 46,220,608
F1. Commercial Real 830,196 N/A 830,196 830,196
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 38,595,580 .9958 38,758,365 38,758,365
L1. Commercial Personal 598,284 N/A 598,284 598,284
L2. Industrial Personal 85,570 N/A 85,570 85,570
M. Other Personal 861,475 N/A 861,475 861,475
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 104,765,715 111,829,904 111,829,904
Less Total Deductions 10,313,751   11,667,638 11,667,638
Total Taxable Value 94,451,964 100,162,266 100,162,266 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
102,393,673 100,162,266 102,393,673 100,162,266


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,231,407 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
102,393,673 100,162,266 102,393,673 100,162,266

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 taxable value to be invalid, and state value was certified because your local value:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)

072/Erath

018-906/Iredell ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 0 N/A 0 0
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) 1,264,050 N/A 1,264,050 1,264,050
D2. Real Prop Farm & Ranch 83,620 N/A 83,620 83,620
E. Real Prop NonQual Acres 5,694,630 N/A 5,694,630 5,694,630
F1. Commercial Real 14,500,000 N/A 14,500,000 14,500,000
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 2,634,920 N/A 2,634,920 2,634,920
L1. Commercial Personal 6,000 N/A 6,000 6,000
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 514,320 N/A 514,320 514,320
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 24,697,540 24,697,540 24,697,540
Less Total Deductions 1,141,853   1,141,853 1,141,853
Total Taxable Value 23,555,687 23,555,687 23,555,687 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
23,786,632 23,555,687 23,786,632 23,555,687


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
230,945 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
23,786,632 23,555,687 23,786,632 23,555,687

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

018-906/Iredell ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 10,154,096 .8867 11,451,557 11,451,557
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 4,076,173 N/A 4,076,173 4,076,173
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,566,764 .9124 7,197,370 7,197,370
D2. Real Prop Farm & Ranch 3,097,976 N/A 3,097,976 3,097,976
E. Real Prop NonQual Acres 46,941,901 .9042 51,915,238 51,915,238
F1. Commercial Real 15,330,196 N/A 15,330,196 15,330,196
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 41,230,500 .9961 41,393,285 41,393,285
L1. Commercial Personal 604,284 N/A 604,284 604,284
L2. Industrial Personal 85,570 N/A 85,570 85,570
M. Other Personal 1,375,795 N/A 1,375,795 1,375,795
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 129,463,255 136,527,444 136,527,444
Less Total Deductions 11,455,604   12,809,491 12,809,491
Total Taxable Value 118,007,651 123,717,953 123,717,953 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