taxes Property Tax Assistance

2016 ISD Summary Worksheet

146/Liberty

146-907/Tarkington ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 280,620,479 .9760 287,520,983 280,620,479
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 33,310,305 .9390 35,474,233 33,310,305
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 18,214,924 1.1036 16,504,863 18,214,924
D2. Real Prop Farm & Ranch 3,092,699 N/A 3,092,699 3,092,699
E. Real Prop NonQual Acres 112,053,362 .9106 123,054,428 112,053,362
F1. Commercial Real 14,617,800 N/A 14,617,800 14,617,800
F2. Industrial Real 11,945,520 N/A 11,945,520 11,945,520
G. Oil, Gas, Minerals 243,673 N/A 243,673 243,673
J. Utilities 44,934,940 1.0391 43,244,096 44,934,940
L1. Commercial Personal 15,351,020 N/A 15,351,020 15,351,020
L2. Industrial Personal 18,120,300 N/A 18,120,300 18,120,300
M. Other Personal 20,932,650 N/A 20,932,650 20,932,650
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 3,684,850 N/A 3,684,850 3,684,850
S. Special Inventory 39,120 N/A 39,120 39,120
Subtotal 577,161,642 593,826,235 577,161,642
Less Total Deductions 102,137,622   104,688,935 102,137,622
Total Taxable Value 475,024,020 489,137,300 475,024,020 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
494,544,422 475,024,020 494,544,422 475,024,020


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
19,520,402 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
494,544,422 475,024,020 494,544,422 475,024,020

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