taxes Property Tax Assistance

2016 ISD Summary Worksheet

181/Orange

181-905/Orangefield ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 341,154,589 .9501 359,072,297 341,154,589
B. Multi-Family Residences 573,637 N/A 573,637 573,637
C1. Vacant Lots 11,171,340 N/A 11,171,340 11,171,340
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,341,881 1.2864 1,820,479 2,341,881
D2. Real Prop Farm & Ranch 164,389 N/A 164,389 164,389
E. Real Prop NonQual Acres 27,818,735 1.0138 27,440,062 27,818,735
F1. Commercial Real 43,769,085 .9909 44,171,041 43,769,085
F2. Industrial Real 60,766,346 N/A 60,766,346 60,766,346
G. Oil, Gas, Minerals 5,380,910 N/A 5,380,910 5,380,910
J. Utilities 79,521,658 1.0341 76,899,389 79,521,658
L1. Commercial Personal 16,091,792 N/A 16,091,792 16,091,792
L2. Industrial Personal 31,133,900 N/A 31,133,900 31,133,900
M. Other Personal 10,770,857 N/A 10,770,857 10,770,857
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 350,633 N/A 350,633 350,633
S. Special Inventory 0 N/A 0 0
Subtotal 631,009,752 645,807,072 631,009,752
Less Total Deductions 108,438,845   113,275,210 108,438,845
Total Taxable Value 522,570,907 532,531,862 522,570,907 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
543,424,604 522,570,907 513,914,673 493,060,976


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
20,853,697 29,509,931


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
543,424,604 522,570,907 513,914,673 493,060,976

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