taxes Property Tax Assistance

2017 ISD Summary Worksheet

014/Bell

014-908/Salado ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 589,013,299 .9001 654,386,511 589,013,299
B. Multi-Family Residences 8,136,327 N/A 8,136,327 8,136,327
C1. Vacant Lots 26,353,498 N/A 26,353,498 26,353,498
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,942,600 1.1275 11,478,713 12,942,600
D2. Real Prop Farm & Ranch 2,788,020 N/A 2,788,020 2,788,020
E. Real Prop NonQual Acres 138,703,711 .8735 158,790,740 138,703,711
F1. Commercial Real 51,987,744 .9565 54,352,059 51,987,744
F2. Industrial Real 221,024 N/A 221,024 221,024
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 22,145,028 N/A 22,145,028 22,145,028
L1. Commercial Personal 30,553,091 N/A 30,553,091 30,553,091
L2. Industrial Personal 4,557,553 N/A 4,557,553 4,557,553
M. Other Personal 1,552,222 N/A 1,552,222 1,552,222
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 12,668,674 N/A 12,668,674 12,668,674
S. Special Inventory 847,061 N/A 847,061 847,061
Subtotal 902,469,852 988,830,521 902,469,852
Less Total Deductions 117,622,858   141,720,488 117,622,858
Total Taxable Value 784,846,994 847,110,033 784,846,994 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
806,588,574 784,846,994 806,588,574 784,846,994


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
21,741,580 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
806,588,574 784,846,994 806,588,574 784,846,994

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 invalid, but local value was certified because your school district is in year one of the grace period.