taxes Property Tax Assistance

2017 ISD Summary Worksheet

184/Parker

184-911/Garner ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 40,125,451 .9648 41,589,398 40,125,451
B. Multi-Family Residences 484,950 N/A 484,950 484,950
C1. Vacant Lots 1,068,790 N/A 1,068,790 1,068,790
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,785,710 1.3124 1,360,666 1,785,710
D2. Real Prop Farm & Ranch 564,360 N/A 564,360 564,360
E. Real Prop NonQual Acres 72,084,110 .9126 78,987,629 72,084,110
F1. Commercial Real 9,534,846 .9686 9,843,946 9,534,846
F2. Industrial Real 16,992,490 N/A 16,992,490 16,992,490
G. Oil, Gas, Minerals 317,880 N/A 317,880 317,880
J. Utilities 17,045,660 .9129 18,671,990 17,045,660
L1. Commercial Personal 1,102,460 N/A 1,102,460 1,102,460
L2. Industrial Personal 53,626,280 N/A 53,626,280 53,626,280
M. Other Personal 1,840,400 N/A 1,840,400 1,840,400
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 63,010 N/A 63,010 63,010
S. Special Inventory 0 N/A 0 0
Subtotal 216,636,397 226,514,249 216,636,397
Less Total Deductions 52,751,703   54,088,642 52,751,703
Total Taxable Value 163,884,694 172,425,607 163,884,694 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
167,942,834 163,884,694 167,942,834 163,884,694


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,058,140 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
167,942,834 163,884,694 167,942,834 163,884,694

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 invalid, but local value was certified because your school district is in year one of the grace period.