taxes Property Tax Assistance

2016 ISD Summary Worksheet

054/Crosby

054-903/Ralls ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 33,509,599 .9733 34,428,849 33,509,599
B. Multi-Family Residences 87,561 N/A 87,561 87,561
C1. Vacant Lots 659,407 N/A 659,407 659,407
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 38,397,961 .9722 39,495,555 38,397,961
D2. Real Prop Farm & Ranch 2,147,399 N/A 2,147,399 2,147,399
E. Real Prop NonQual Acres 8,124,801 N/A 8,124,801 8,124,801
F1. Commercial Real 4,643,497 N/A 4,643,497 4,643,497
F2. Industrial Real 16,972,890 N/A 16,972,890 16,972,890
G. Oil, Gas, Minerals 16,783,742 1.0139 16,553,646 16,783,742
J. Utilities 6,021,011 N/A 6,021,011 6,021,011
L1. Commercial Personal 6,570,543 N/A 6,570,543 6,570,543
L2. Industrial Personal 7,680,548 N/A 7,680,548 7,680,548
M. Other Personal 879 N/A 879 879
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 141,599,838 143,386,586 141,599,838
Less Total Deductions 13,585,621   13,900,209 13,585,621
Total Taxable Value 128,014,217 129,486,377 128,014,217 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
131,520,932 128,014,217 131,520,932 128,014,217


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,506,715 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
131,520,932 128,014,217 131,520,932 128,014,217

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