taxes Property Tax Assistance

2017 ISD Summary Worksheet

072/Erath

072-903/Stephenville ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 704,237,370 .9787 719,564,085 704,237,370
B. Multi-Family Residences 172,695,890 .9416 183,406,850 172,695,890
C1. Vacant Lots 11,306,740 N/A 11,306,740 11,306,740
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 17,017,760 1.5025 11,326,004 17,017,760
D2. Real Prop Farm & Ranch 6,548,520 N/A 6,548,520 6,548,520
E. Real Prop NonQual Acres 275,945,980 .9755 282,876,453 275,945,980
F1. Commercial Real 277,385,340 .8960 309,581,853 277,385,340
F2. Industrial Real 57,705,610 N/A 57,705,610 57,705,610
G. Oil, Gas, Minerals 611,370 N/A 611,370 611,370
J. Utilities 71,399,240 N/A 71,399,240 71,399,240
L1. Commercial Personal 114,091,500 1.1020 103,531,307 114,091,500
L2. Industrial Personal 259,134,130 N/A 259,134,130 259,134,130
M. Other Personal 9,288,670 N/A 9,288,670 9,288,670
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 4,143,230 N/A 4,143,230 4,143,230
S. Special Inventory 8,280,420 N/A 8,280,420 8,280,420
Subtotal 1,989,791,770 2,038,704,482 1,989,791,770
Less Total Deductions 319,470,361   324,653,312 319,470,361
Total Taxable Value 1,670,321,409 1,714,051,170 1,670,321,409 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
1,712,540,737 1,670,321,409 1,712,540,737 1,670,321,409


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
42,219,328 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
1,712,540,737 1,670,321,409 1,712,540,737 1,670,321,409

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