taxes Property Tax Assistance

2017 ISD Summary Worksheet

066/Duval

066-901/Benavides 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 35,808,611 .8282 43,236,671 35,808,611
B. Multi-Family Residences 83,050 N/A 83,050 83,050
C1. Vacant Lots 765,080 N/A 765,080 765,080
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 34,180,093 .8190 41,734,082 34,180,093
D2. Real Prop Farm & Ranch 367,920 N/A 367,920 367,920
E. Real Prop NonQual Acres 33,154,815 .8050 41,186,106 33,154,815
F1. Commercial Real 3,360,340 N/A 3,360,340 3,360,340
F2. Industrial Real 1,735,240 N/A 1,735,240 1,735,240
G. Oil, Gas, Minerals 30,898,760 .9700 31,854,392 30,898,760
J. Utilities 70,099,070 .9196 76,227,784 70,099,070
L1. Commercial Personal 1,585,720 N/A 1,585,720 1,585,720
L2. Industrial Personal 21,500,140 N/A 21,500,140 21,500,140
M. Other Personal 1,576,080 N/A 1,576,080 1,576,080
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 235,114,919 265,212,605 235,114,919
Less Total Deductions 23,097,101   26,998,867 23,097,101
Total Taxable Value 212,017,818 238,213,738 212,017,818 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
215,630,462 212,017,818 215,630,462 212,017,818


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,612,644 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
215,630,462 212,017,818 215,630,462 212,017,818

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.