taxes Property Tax Assistance

2016 ISD Summary Worksheet

128/Karnes

128-904/Falls City ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 23,799,421 N/A 23,799,421 23,799,421
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 497,554 N/A 497,554 497,554
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,567,174 1.0667 4,281,511 4,567,174
D2. Real Prop Farm & Ranch 3,796,188 N/A 3,796,188 3,796,188
E. Real Prop NonQual Acres 51,138,385 .9904 51,634,072 51,138,385
F1. Commercial Real 3,424,244 N/A 3,424,244 3,424,244
F2. Industrial Real 27,222,240 N/A 27,222,240 27,222,240
G. Oil, Gas, Minerals 238,844,360 1.0177 234,690,341 238,844,360
J. Utilities 50,191,960 .8735 57,460,744 50,191,960
L1. Commercial Personal 2,806,058 N/A 2,806,058 2,806,058
L2. Industrial Personal 7,624,740 N/A 7,624,740 7,624,740
M. Other Personal 1,729,542 N/A 1,729,542 1,729,542
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 415,641,866 418,966,655 415,641,866
Less Total Deductions 20,316,379   20,316,379 20,316,379
Total Taxable Value 395,325,487 398,650,276 395,325,487 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
399,534,774 395,325,487 399,534,774 395,325,487


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,209,287 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
399,534,774 395,325,487 399,534,774 395,325,487

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

247/Wilson

128-904/Falls City ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 2,853,180 N/A 2,853,180 2,853,180
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 901,280 N/A 901,280 901,280
D2. Real Prop Farm & Ranch 864,890 N/A 864,890 864,890
E. Real Prop NonQual Acres 7,555,919 N/A 7,555,919 7,555,919
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 6,528,968 N/A 6,528,968 6,528,968
J. Utilities 1,014,520 N/A 1,014,520 1,014,520
L1. Commercial Personal 9,450 N/A 9,450 9,450
L2. Industrial Personal 278,320 N/A 278,320 278,320
M. Other Personal 206,540 N/A 206,540 206,540
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 20,213,067 20,213,067 20,213,067
Less Total Deductions 2,005,025   2,005,025 2,005,025
Total Taxable Value 18,208,042 18,208,042 18,208,042 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
18,755,402 18,208,042 18,755,402 18,208,042


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
547,360 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
18,755,402 18,208,042 18,755,402 18,208,042

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

128-904/Falls City ISD



Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 26,652,601 N/A 26,652,601 26,652,601
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 497,554 N/A 497,554 497,554
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,468,454 1.0551 5,182,791 5,468,454
D2. Real Prop Farm & Ranch 4,661,078 N/A 4,661,078 4,661,078
E. Real Prop NonQual Acres 58,694,304 .9916 59,189,991 58,694,304
F1. Commercial Real 3,424,244 N/A 3,424,244 3,424,244
F2. Industrial Real 27,222,240 N/A 27,222,240 27,222,240
G. Oil, Gas, Minerals 245,373,328 1.0172 241,219,309 245,373,328
J. Utilities 51,206,480 .8757 58,475,264 51,206,480
L1. Commercial Personal 2,815,508 N/A 2,815,508 2,815,508
L2. Industrial Personal 7,903,060 N/A 7,903,060 7,903,060
M. Other Personal 1,936,082 N/A 1,936,082 1,936,082
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 435,854,933 439,179,722 435,854,933
Less Total Deductions 22,321,404   22,321,404 22,321,404
Total Taxable Value 413,533,529 416,858,318 413,533,529 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