taxes Property Tax Assistance

2017 ISD Summary Worksheet

214/Starr

214-903/Roma ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 268,918,155 .7403 363,255,646 363,255,646
B. Multi-Family Residences 10,488,640 N/A 10,488,640 10,488,640
C1. Vacant Lots 29,534,137 .8965 32,943,823 32,943,823
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 23,255,100 .7793 29,841,092 29,841,092
D2. Real Prop Farm & Ranch 837,900 N/A 837,900 837,900
E. Real Prop NonQual Acres 23,012,240 1.0278 22,389,803 22,389,803
F1. Commercial Real 46,896,060 .9760 48,049,242 48,049,242
F2. Industrial Real 102,555,420 N/A 102,555,420 102,555,420
G. Oil, Gas, Minerals 35,011,120 1.0147 34,503,912 34,503,912
J. Utilities 56,811,220 1.0433 54,453,388 54,453,388
L1. Commercial Personal 18,531,960 N/A 18,531,960 18,531,960
L2. Industrial Personal 3,918,360 N/A 3,918,360 3,918,360
M. Other Personal 1,097,220 N/A 1,097,220 1,097,220
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 418,110 N/A 418,110 418,110
Subtotal 621,285,642 723,284,516 723,284,516
Less Total Deductions 197,813,986   211,056,901 211,056,901
Total Taxable Value 423,471,656 512,227,615 512,227,615 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
542,479,305 512,227,615 542,479,305 512,227,615


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
30,251,690 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
612,585,305 582,333,615 612,585,305 582,333,615

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)