taxes Property Tax Assistance

2017 ISD Summary Worksheet

035/Castro

035-902/Hart ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 15,803,130 .9532 16,579,029 15,803,130
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 202,570 N/A 202,570 202,570
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 21,432,040 1.2811 16,729,796 21,432,040
D2. Real Prop Farm & Ranch 6,200,880 1.0124 6,124,931 6,200,880
E. Real Prop NonQual Acres 5,288,460 .9568 5,527,237 5,288,460
F1. Commercial Real 1,622,850 N/A 1,622,850 1,622,850
F2. Industrial Real 6,892,900 N/A 6,892,900 6,892,900
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 35,749,760 .8036 44,487,008 35,749,760
L1. Commercial Personal 2,030,670 N/A 2,030,670 2,030,670
L2. Industrial Personal 1,303,540 N/A 1,303,540 1,303,540
M. Other Personal 127,400 N/A 127,400 127,400
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 5,070 N/A 5,070 5,070
Subtotal 96,659,270 101,633,001 96,659,270
Less Total Deductions 7,400,956   7,694,502 7,400,956
Total Taxable Value 89,258,314 93,938,499 89,258,314 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
90,923,744 89,258,314 90,923,744 89,258,314


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,665,430 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
90,923,744 89,258,314 90,923,744 89,258,314

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