taxes Property Tax Assistance

2016 ISD Summary Worksheet

187/Polk

187-904/Corrigan-Camden ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 84,110,776 N/A 84,110,776 84,110,776
B. Multi-Family Residences 1,316,141 N/A 1,316,141 1,316,141
C1. Vacant Lots 6,028,273 N/A 6,028,273 6,028,273
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 31,799,498 N/A 31,799,498 31,799,498
D2. Real Prop Farm & Ranch 4,759,705 N/A 4,759,705 4,759,705
E. Real Prop NonQual Acres 35,975,603 N/A 35,975,603 35,975,603
F1. Commercial Real 12,791,485 N/A 12,791,485 12,791,485
F2. Industrial Real 87,399,500 N/A 87,399,500 87,399,500
G. Oil, Gas, Minerals 970,164 N/A 970,164 970,164
J. Utilities 73,060,309 N/A 73,060,309 73,060,309
L1. Commercial Personal 12,761,799 N/A 12,761,799 12,761,799
L2. Industrial Personal 63,438,690 N/A 63,438,690 63,438,690
M. Other Personal 8,133,397 N/A 8,133,397 8,133,397
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 902,657 N/A 902,657 902,657
Subtotal 423,447,997 423,447,997 423,447,997
Less Total Deductions 53,926,151   53,926,151 53,926,151
Total Taxable Value 369,521,846 369,521,846 369,521,846 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
378,283,136 369,521,846 371,559,519 362,798,229


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,761,290 6,723,617


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
378,283,136 369,521,846 371,559,519 362,798,229

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