taxes Property Tax Assistance

2016 ISD Summary Worksheet

070/Ellis

070-915/Maypearl ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 163,712,496 .9706 168,671,436 163,712,496
B. Multi-Family Residences 345,880 N/A 345,880 345,880
C1. Vacant Lots 2,021,568 N/A 2,021,568 2,021,568
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,786,628 1.9724 2,933,796 5,786,628
D2. Real Prop Farm & Ranch 5,266,869 N/A 5,266,869 5,266,869
E. Real Prop NonQual Acres 86,565,586 .9286 93,221,609 86,565,586
F1. Commercial Real 7,087,156 N/A 7,087,156 7,087,156
F2. Industrial Real 20,000 N/A 20,000 20,000
G. Oil, Gas, Minerals 265,573 N/A 265,573 265,573
J. Utilities 36,786,040 .8648 42,537,049 36,786,040
L1. Commercial Personal 2,691,554 N/A 2,691,554 2,691,554
L2. Industrial Personal 15,211,410 N/A 15,211,410 15,211,410
M. Other Personal 3,866,960 N/A 3,866,960 3,866,960
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,932,590 N/A 2,932,590 2,932,590
S. Special Inventory 11,300 N/A 11,300 11,300
Subtotal 332,571,610 347,084,750 332,571,610
Less Total Deductions 44,548,489   46,086,750 44,548,489
Total Taxable Value 288,023,121 300,998,000 288,023,121 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
298,613,557 288,023,121 298,613,557 288,023,121


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,590,436 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
298,613,557 288,023,121 298,613,557 288,023,121

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