taxes Property Tax Assistance

2016 ISD Summary Worksheet

249/Wise

249-905/Decatur ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 610,293,700 N/A 610,293,700 610,293,700
B. Multi-Family Residences 18,668,090 N/A 18,668,090 18,668,090
C1. Vacant Lots 15,794,400 N/A 15,794,400 15,794,400
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,673,810 N/A 6,673,810 6,673,810
D2. Real Prop Farm & Ranch 5,188,750 N/A 5,188,750 5,188,750
E. Real Prop NonQual Acres 252,530,220 N/A 252,530,220 252,530,220
F1. Commercial Real 290,589,004 N/A 290,589,004 290,589,004
F2. Industrial Real 79,526,280 N/A 79,526,280 79,526,280
G. Oil, Gas, Minerals 270,383,680 N/A 270,383,680 270,383,680
J. Utilities 253,088,570 N/A 253,088,570 253,088,570
L1. Commercial Personal 158,492,290 N/A 158,492,290 158,492,290
L2. Industrial Personal 39,370,850 N/A 39,370,850 39,370,850
M. Other Personal 5,332,940 N/A 5,332,940 5,332,940
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 4,126,700 N/A 4,126,700 4,126,700
S. Special Inventory 18,433,350 N/A 18,433,350 18,433,350
Subtotal 2,028,492,634 2,028,492,634 2,028,492,634
Less Total Deductions 173,531,326   173,531,326 173,531,326
Total Taxable Value 1,854,961,308 1,854,961,308 1,854,961,308 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
1,886,591,133 1,854,961,308 1,886,591,133 1,854,961,308


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
31,629,825 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
1,886,591,133 1,854,961,308 1,886,591,133 1,854,961,308

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