taxes Property Tax Assistance

2017 ISD Summary Worksheet

125/Jim Wells

125-906/La Gloria ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 161,898 N/A 161,898 161,898
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,129,052 N/A 2,129,052 2,129,052
D2. Real Prop Farm & Ranch 315,092 N/A 315,092 315,092
E. Real Prop NonQual Acres 13,583,130 N/A 13,583,130 13,583,130
F1. Commercial Real 123,828 N/A 123,828 123,828
F2. Industrial Real 15,745,335 N/A 15,745,335 15,745,335
G. Oil, Gas, Minerals 3,854,020 N/A 3,854,020 3,854,020
J. Utilities 10,126,125 N/A 10,126,125 10,126,125
L1. Commercial Personal 68,792 N/A 68,792 68,792
L2. Industrial Personal 4,442,460 N/A 4,442,460 4,442,460
M. Other Personal 390,339 N/A 390,339 390,339
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 1,730 N/A 1,730 1,730
Subtotal 50,941,801 50,941,801 50,941,801
Less Total Deductions 3,237,606   3,237,606 3,237,606
Total Taxable Value 47,704,195 47,704,195 47,704,195 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
48,311,575 47,704,195 48,152,211 47,544,831


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
607,380 159,364


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
48,311,575 47,704,195 48,152,211 47,544,831

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