taxes Property Tax Assistance

2016 ISD Summary Worksheet

245/Willacy

245-904/San Perlita ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 55,223,115 .9805 56,321,382 55,223,115
B. Multi-Family Residences 4,541,262 N/A 4,541,262 4,541,262
C1. Vacant Lots 3,822,260 N/A 3,822,260 3,822,260
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 14,653,616 .9083 16,132,757 14,653,616
D2. Real Prop Farm & Ranch 593,925 N/A 593,925 593,925
E. Real Prop NonQual Acres 4,083,358 N/A 4,083,358 4,083,358
F1. Commercial Real 4,767,059 N/A 4,767,059 4,767,059
F2. Industrial Real 398,971 N/A 398,971 398,971
G. Oil, Gas, Minerals 38,914 N/A 38,914 38,914
J. Utilities 6,907,816 1.0464 6,601,506 6,907,816
L1. Commercial Personal 39,298,266 .9667 40,651,977 39,298,266
L2. Industrial Personal 624,640 N/A 624,640 624,640
M. Other Personal 549,336 N/A 549,336 549,336
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 135,502,538 139,127,347 135,502,538
Less Total Deductions 40,700,271   40,940,627 40,700,271
Total Taxable Value 94,802,267 98,186,720 94,802,267 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
96,930,781 94,802,267 96,930,781 94,802,267


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,128,514 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
125,315,331 123,186,817 125,315,331 123,186,817

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