taxes Property Tax Assistance

2016 ISD Summary Worksheet

252/Young

252-902/Newcastle ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 5,333,200 N/A 5,333,200 5,333,200
B. Multi-Family Residences 200,810 N/A 200,810 200,810
C1. Vacant Lots 333,760 N/A 333,760 333,760
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,989,860 N/A 11,989,860 11,989,860
D2. Real Prop Farm & Ranch 5,491,070 N/A 5,491,070 5,491,070
E. Real Prop NonQual Acres 20,324,300 N/A 20,324,300 20,324,300
F1. Commercial Real 1,515,570 N/A 1,515,570 1,515,570
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 10,172,530 N/A 10,172,530 10,172,530
J. Utilities 16,329,490 N/A 16,329,490 16,329,490
L1. Commercial Personal 1,140,510 N/A 1,140,510 1,140,510
L2. Industrial Personal 444,420 N/A 444,420 444,420
M. Other Personal 290,280 N/A 290,280 290,280
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 73,565,800 73,565,800 73,565,800
Less Total Deductions 12,099,628   12,099,628 12,099,628
Total Taxable Value 61,466,172 61,466,172 61,466,172 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
62,757,902 61,466,172 62,757,902 61,466,172


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,291,730 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
62,757,902 61,466,172 62,757,902 61,466,172

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