taxes Property Tax Assistance

2016 ISD Summary Worksheet

175/Navarro

175-910/Mildred ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 239,468,344 N/A 239,468,344 239,468,344
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 60,279,910 N/A 60,279,910 60,279,910
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,342,655 N/A 3,342,655 3,342,655
D2. Real Prop Farm & Ranch 653,660 N/A 653,660 653,660
E. Real Prop NonQual Acres 37,030,207 N/A 37,030,207 37,030,207
F1. Commercial Real 6,648,680 N/A 6,648,680 6,648,680
F2. Industrial Real 9,119,830 N/A 9,119,830 9,119,830
G. Oil, Gas, Minerals 9,111,310 N/A 9,111,310 9,111,310
J. Utilities 17,267,580 N/A 17,267,580 17,267,580
L1. Commercial Personal 5,078,500 N/A 5,078,500 5,078,500
L2. Industrial Personal 50,937,230 N/A 50,937,230 50,937,230
M. Other Personal 2,308,040 N/A 2,308,040 2,308,040
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 3,572,880 N/A 3,572,880 3,572,880
S. Special Inventory 33,790 N/A 33,790 33,790
Subtotal 444,852,616 444,852,616 444,852,616
Less Total Deductions 47,323,051   47,323,051 47,323,051
Total Taxable Value 397,529,565 397,529,565 397,529,565 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
405,874,907 397,529,565 405,874,907 397,529,565


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,345,342 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
405,874,907 397,529,565 405,874,907 397,529,565

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