taxes Property Tax Assistance

2017 ISD Summary Worksheet

109/Hill

109-901/Abbott ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 24,412,140 1.0625 22,976,132 24,412,140
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 447,780 N/A 447,780 447,780
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,005,481 .7449 12,089,313 9,005,481
D2. Real Prop Farm & Ranch 3,187,110 N/A 3,187,110 3,187,110
E. Real Prop NonQual Acres 27,106,190 1.0390 26,088,730 27,106,190
F1. Commercial Real 3,466,835 N/A 3,466,835 3,466,835
F2. Industrial Real 1,113,860 N/A 1,113,860 1,113,860
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 7,165,320 1.0580 6,772,514 7,165,320
L1. Commercial Personal 2,896,510 N/A 2,896,510 2,896,510
L2. Industrial Personal 26,290,390 N/A 26,290,390 26,290,390
M. Other Personal 447,500 N/A 447,500 447,500
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 18,120 N/A 18,120 18,120
Subtotal 105,557,236 105,794,794 105,557,236
Less Total Deductions 13,652,361   12,868,625 13,652,361
Total Taxable Value 91,904,875 92,926,169 91,904,875 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
94,718,238 91,904,875 94,718,238 91,904,875


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,813,363 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
94,718,238 91,904,875 94,718,238 91,904,875

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