taxes Property Tax Assistance

2016 ISD Summary Worksheet

109/Hill

109-912/Aquilla ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 14,710,900 .8680 16,948,041 14,710,900
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,028,100 N/A 1,028,100 1,028,100
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,046,390 .8915 4,538,759 4,046,390
D2. Real Prop Farm & Ranch 4,488,280 .9554 4,697,802 4,488,280
E. Real Prop NonQual Acres 38,604,050 .8698 44,382,674 38,604,050
F1. Commercial Real 2,750,820 N/A 2,750,820 2,750,820
F2. Industrial Real 256,850 N/A 256,850 256,850
G. Oil, Gas, Minerals 193,663 N/A 193,663 193,663
J. Utilities 8,867,760 .8102 10,945,149 8,867,760
L1. Commercial Personal 1,125,320 N/A 1,125,320 1,125,320
L2. Industrial Personal 10,667,470 N/A 10,667,470 10,667,470
M. Other Personal 983,520 N/A 983,520 983,520
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 87,723,123 98,518,168 87,723,123
Less Total Deductions 13,637,778   15,741,250 13,637,778
Total Taxable Value 74,085,345 82,776,918 74,085,345 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
76,908,900 74,085,345 76,908,900 74,085,345


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,823,555 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
76,908,900 74,085,345 76,908,900 74,085,345

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 invalid, but local value was certified because your school district is in year one of the grace period.