taxes Property Tax Assistance

2017 ISD Summary Worksheet

023/Briscoe

023-902/Silverton ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 11,382,270 .9239 12,319,807 11,382,270
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 263,990 N/A 263,990 263,990
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 30,229,024 1.2875 23,479,422 30,229,024
D2. Real Prop Farm & Ranch 1,993,160 N/A 1,993,160 1,993,160
E. Real Prop NonQual Acres 7,124,870 N/A 7,124,870 7,124,870
F1. Commercial Real 1,787,760 N/A 1,787,760 1,787,760
F2. Industrial Real 241,621,490 N/A 241,621,490 241,621,490
G. Oil, Gas, Minerals 2,500 N/A 2,500 2,500
J. Utilities 76,291,150 .6611 115,400,318 76,291,150
L1. Commercial Personal 1,307,150 N/A 1,307,150 1,307,150
L2. Industrial Personal 1,116,700 N/A 1,116,700 1,116,700
M. Other Personal 506,740 N/A 506,740 506,740
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 373,626,804 406,923,907 373,626,804
Less Total Deductions 228,715,084   229,236,339 228,715,084
Total Taxable Value 144,911,720 177,687,568 144,911,720 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
146,605,321 144,911,720 146,605,321 144,911,720


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,693,601 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
367,157,901 365,464,300 367,157,901 365,464,300

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 local value is greater than PTAD value.