taxes Property Tax Assistance

2016 ISD Summary Worksheet

225/Titus

225-906/Chapel Hill ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 64,688,731 N/A 64,688,731 64,688,731
B. Multi-Family Residences 34,981 N/A 34,981 34,981
C1. Vacant Lots 718,109 N/A 718,109 718,109
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,889,230 N/A 2,889,230 2,889,230
D2. Real Prop Farm & Ranch 4,598,366 N/A 4,598,366 4,598,366
E. Real Prop NonQual Acres 49,837,485 N/A 49,837,485 49,837,485
F1. Commercial Real 1,212,500 N/A 1,212,500 1,212,500
F2. Industrial Real 1,997,222 N/A 1,997,222 1,997,222
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 6,182,397 N/A 6,182,397 6,182,397
L1. Commercial Personal 3,072,315 N/A 3,072,315 3,072,315
L2. Industrial Personal 1,464,427 N/A 1,464,427 1,464,427
M. Other Personal 3,752,150 N/A 3,752,150 3,752,150
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 197,148 N/A 197,148 197,148
S. Special Inventory 0 N/A 0 0
Subtotal 140,645,061 140,645,061 140,645,061
Less Total Deductions 24,694,203   24,694,203 24,694,203
Total Taxable Value 115,950,858 115,950,858 115,950,858 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
121,730,710 115,950,858 121,730,710 115,950,858


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,779,852 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
121,730,710 115,950,858 121,730,710 115,950,858

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