taxes Property Tax Assistance

2016 ISD Summary Worksheet

090/Gray

197-902/Miami ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 93,470 N/A 93,470 93,470
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 7,880 N/A 7,880 7,880
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,251,600 N/A 2,251,600 2,251,600
D2. Real Prop Farm & Ranch 310,430 N/A 310,430 310,430
E. Real Prop NonQual Acres 1,191,910 N/A 1,191,910 1,191,910
F1. Commercial Real 4,100 N/A 4,100 4,100
F2. Industrial Real 24,770 N/A 24,770 24,770
G. Oil, Gas, Minerals 20,880 N/A 20,880 20,880
J. Utilities 5,437,680 N/A 5,437,680 5,437,680
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 71,470 N/A 71,470 71,470
M. Other Personal 0 N/A 0 0
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 9,414,190 9,414,190 9,414,190
Less Total Deductions 314,486   314,486 314,486
Total Taxable Value 9,099,704 9,099,704 9,099,704 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
9,189,704 9,099,704 9,132,079 9,042,079


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
90,000 57,625


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
9,189,704 9,099,704 9,132,079 9,042,079

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

197/Roberts

197-902/Miami ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 15,624,085 N/A 15,624,085 15,624,085
B. Multi-Family Residences 124,030 N/A 124,030 124,030
C1. Vacant Lots 83,360 N/A 83,360 83,360
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 23,114,020 .8541 27,063,124 23,114,020
D2. Real Prop Farm & Ranch 2,053,140 N/A 2,053,140 2,053,140
E. Real Prop NonQual Acres 11,456,275 N/A 11,456,275 11,456,275
F1. Commercial Real 957,350 N/A 957,350 957,350
F2. Industrial Real 196,110,460 N/A 196,110,460 196,110,460
G. Oil, Gas, Minerals 284,100,280 .9979 284,698,146 284,100,280
J. Utilities 107,768,270 1.0183 105,831,553 107,768,270
L1. Commercial Personal 2,759,135 N/A 2,759,135 2,759,135
L2. Industrial Personal 9,210,640 N/A 9,210,640 9,210,640
M. Other Personal 20,890 N/A 20,890 20,890
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 2,254 N/A 2,254 2,254
Subtotal 653,384,189 655,994,442 653,384,189
Less Total Deductions 194,567,605   194,567,605 194,567,605
Total Taxable Value 458,816,584 461,426,837 458,816,584 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
460,746,638 458,816,584 459,809,016 457,878,962


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,930,054 937,622


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
646,818,318 644,888,264 645,880,696 643,950,642

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

197-902/Miami ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 15,717,555 N/A 15,717,555 15,717,555
B. Multi-Family Residences 124,030 N/A 124,030 124,030
C1. Vacant Lots 91,240 N/A 91,240 91,240
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 25,365,620 .8653 29,314,724 25,365,620
D2. Real Prop Farm & Ranch 2,363,570 N/A 2,363,570 2,363,570
E. Real Prop NonQual Acres 12,648,185 N/A 12,648,185 12,648,185
F1. Commercial Real 961,450 N/A 961,450 961,450
F2. Industrial Real 196,135,230 N/A 196,135,230 196,135,230
G. Oil, Gas, Minerals 284,121,160 .9979 284,719,026 284,121,160
J. Utilities 113,205,950 1.0174 111,269,233 113,205,950
L1. Commercial Personal 2,759,135 N/A 2,759,135 2,759,135
L2. Industrial Personal 9,282,110 N/A 9,282,110 9,282,110
M. Other Personal 20,890 N/A 20,890 20,890
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 2,254 N/A 2,254 2,254
Subtotal 662,798,379 665,408,632 662,798,379
Less Total Deductions 194,882,091   194,882,091 194,882,091
Total Taxable Value 467,916,288 470,526,541 467,916,288 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