taxes Property Tax Assistance

2017 ISD Summary Worksheet

116/Hunt

116-901/Caddo Mills ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 204,955,876 .9573 214,097,854 204,955,876
B. Multi-Family Residences 1,759,960 N/A 1,759,960 1,759,960
C1. Vacant Lots 4,938,260 N/A 4,938,260 4,938,260
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,436,050 1.0251 3,351,900 3,436,050
D2. Real Prop Farm & Ranch 4,890,736 N/A 4,890,736 4,890,736
E. Real Prop NonQual Acres 180,185,729 .9499 189,689,156 180,185,729
F1. Commercial Real 38,224,570 .9522 40,143,426 38,224,570
F2. Industrial Real 3,002,480 N/A 3,002,480 3,002,480
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 19,796,420 N/A 19,796,420 19,796,420
L1. Commercial Personal 25,512,480 1.0303 24,762,186 25,512,480
L2. Industrial Personal 45,780,130 N/A 45,780,130 45,780,130
M. Other Personal 2,435,140 N/A 2,435,140 2,435,140
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 431,870 N/A 431,870 431,870
S. Special Inventory 1,623,570 N/A 1,623,570 1,623,570
Subtotal 536,973,271 556,703,088 536,973,271
Less Total Deductions 85,939,010   89,541,326 85,939,010
Total Taxable Value 451,034,261 467,161,762 451,034,261 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
467,071,746 451,034,261 467,071,746 451,034,261


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
16,037,485 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
467,071,746 451,034,261 467,071,746 451,034,261

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