taxes Property Tax Assistance

2017 ISD Summary Worksheet

125/Jim Wells

125-901/Alice ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 401,965,757 .8951 449,073,575 449,073,575
B. Multi-Family Residences 11,527,781 N/A 11,527,781 11,527,781
C1. Vacant Lots 7,082,061 N/A 7,082,061 7,082,061
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 19,837,563 .9064 21,887,295 21,887,295
D2. Real Prop Farm & Ranch 2,418,056 N/A 2,418,056 2,418,056
E. Real Prop NonQual Acres 165,463,284 .8282 199,786,626 199,786,626
F1. Commercial Real 151,098,613 1.0076 149,958,925 149,958,925
F2. Industrial Real 67,228,259 N/A 67,228,259 67,228,259
G. Oil, Gas, Minerals 6,755,480 N/A 6,755,480 6,755,480
J. Utilities 49,368,495 .9967 49,531,950 49,531,950
L1. Commercial Personal 78,923,847 .9608 82,143,887 82,143,887
L2. Industrial Personal 229,787,750 N/A 229,787,750 229,787,750
M. Other Personal 7,550,045 N/A 7,550,045 7,550,045
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 8,377,110 N/A 8,377,110 8,377,110
Subtotal 1,207,384,101 1,293,108,800 1,293,108,800
Less Total Deductions 161,627,397   178,740,350 178,740,350
Total Taxable Value 1,045,756,704 1,114,368,450 1,114,368,450 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
1,151,346,130 1,114,368,450 1,151,346,130 1,114,368,450


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
36,977,680 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
1,151,346,130 1,114,368,450 1,151,346,130 1,114,368,450

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 taxable value to be invalid, and state value was certified because your local value

did not exceed the state value and:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)