taxes Property Tax Assistance

2017 ISD Summary Worksheet

041/Coke

041-902/Robert Lee ISD

** This district is in year 2 of the grace period.


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 37,076,190 .9226 40,186,636 37,076,190
B. Multi-Family Residences 49,590 N/A 49,590 49,590
C1. Vacant Lots 1,807,650 N/A 1,807,650 1,807,650
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 14,419,530 .9605 15,012,800 14,419,530
D2. Real Prop Farm & Ranch 2,587,850 N/A 2,587,850 2,587,850
E. Real Prop NonQual Acres 19,596,610 .8869 22,095,625 19,596,610
F1. Commercial Real 3,583,630 N/A 3,583,630 3,583,630
F2. Industrial Real 97,637,360 N/A 97,637,360 97,637,360
G. Oil, Gas, Minerals 20,204,830 1.0225 19,760,225 20,204,830
J. Utilities 25,332,370 .7430 34,094,711 25,332,370
L1. Commercial Personal 1,856,780 N/A 1,856,780 1,856,780
L2. Industrial Personal 4,735,250 N/A 4,735,250 4,735,250
M. Other Personal 1,356,610 N/A 1,356,610 1,356,610
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 579,270 N/A 579,270 579,270
Subtotal 230,823,520 245,343,987 230,823,520
Less Total Deductions 89,669,511   90,704,721 89,669,511
Total Taxable Value 141,154,009 154,639,266 141,154,009 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
145,136,789 141,154,009 142,238,849 138,256,069


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,982,780 2,897,940


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
213,935,749 209,952,969 211,037,809 207,055,029

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 two of the grace period.