taxes Property Tax Assistance

2017 ISD Summary Worksheet

168/Mitchell

168-903/Westbrook ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 37,286,790 .9754 38,227,179 37,286,790
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 894,531 N/A 894,531 894,531
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,543,330 .8706 14,408,211 12,543,330
D2. Real Prop Farm & Ranch 1,432,561 N/A 1,432,561 1,432,561
E. Real Prop NonQual Acres 16,593,111 1.1142 14,892,399 16,593,111
F1. Commercial Real 2,430,070 N/A 2,430,070 2,430,070
F2. Industrial Real 80,510 N/A 80,510 80,510
G. Oil, Gas, Minerals 128,360,500 1.0331 124,247,895 128,360,500
J. Utilities 69,169,120 .7796 88,723,858 69,169,120
L1. Commercial Personal 684,800 N/A 684,800 684,800
L2. Industrial Personal 5,524,430 N/A 5,524,430 5,524,430
M. Other Personal 1,069,090 N/A 1,069,090 1,069,090
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 276,068,843 292,615,534 276,068,843
Less Total Deductions 10,210,481   10,468,720 10,210,481
Total Taxable Value 265,858,362 282,146,814 265,858,362 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
267,916,895 265,858,362 267,916,895 265,858,362


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,058,533 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
267,916,895 265,858,362 267,916,895 265,858,362

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