taxes Property Tax Assistance

2017 ISD Summary Worksheet

075/Fayette

075-901/Flatonia ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 78,380,750 .9714 80,688,439 78,380,750
B. Multi-Family Residences 423,400 N/A 423,400 423,400
C1. Vacant Lots 3,147,963 N/A 3,147,963 3,147,963
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,537,832 1.2302 7,752,839 9,537,832
D2. Real Prop Farm & Ranch 1,959,550 N/A 1,959,550 1,959,550
E. Real Prop NonQual Acres 172,333,556 .9241 186,487,995 172,333,556
F1. Commercial Real 29,622,495 1.0324 28,692,847 29,622,495
F2. Industrial Real 24,632,940 N/A 24,632,940 24,632,940
G. Oil, Gas, Minerals 65,109,090 1.0108 64,413,425 65,109,090
J. Utilities 35,751,640 1.0499 34,052,424 35,751,640
L1. Commercial Personal 7,850,290 N/A 7,850,290 7,850,290
L2. Industrial Personal 10,612,040 N/A 10,612,040 10,612,040
M. Other Personal 3,761,150 N/A 3,761,150 3,761,150
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 443,122,696 454,475,302 443,122,696
Less Total Deductions 45,763,061   47,629,220 45,763,061
Total Taxable Value 397,359,635 406,846,082 397,359,635 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
406,259,431 397,359,635 406,259,431 397,359,635


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,899,796 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
406,259,431 397,359,635 406,259,431 397,359,635

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