taxes Property Tax Assistance

2017 ISD Summary Worksheet

066/Duval

125-905/Premont 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 392,150 N/A 392,150 392,150
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,230,830 1.1801 2,737,746 3,230,830
D2. Real Prop Farm & Ranch 708,810 N/A 708,810 708,810
E. Real Prop NonQual Acres 5,688,075 .6021 9,447,060 5,688,075
F1. Commercial Real 28,430 N/A 28,430 28,430
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 42,040 N/A 42,040 42,040
J. Utilities 5,156,200 .9934 5,190,457 5,156,200
L1. Commercial Personal 8,000 N/A 8,000 8,000
L2. Industrial Personal 135,420 N/A 135,420 135,420
M. Other Personal 251,880 N/A 251,880 251,880
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 15,641,835 18,941,993 15,641,835
Less Total Deductions 2,361,893   2,361,893 2,361,893
Total Taxable Value 13,279,942 16,580,100 13,279,942 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
13,527,689 13,279,942 13,527,689 13,279,942


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
247,747 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
13,527,689 13,279,942 13,527,689 13,279,942

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.

125/Jim Wells

125-905/Premont ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 43,698,966 .8410 51,960,721 51,960,721
B. Multi-Family Residences 517,676 N/A 517,676 517,676
C1. Vacant Lots 939,402 N/A 939,402 939,402
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,560,395 .9060 7,240,777 7,240,777
D2. Real Prop Farm & Ranch 1,246,918 N/A 1,246,918 1,246,918
E. Real Prop NonQual Acres 24,098,570 .7938 30,358,491 30,358,491
F1. Commercial Real 5,991,260 N/A 5,991,260 5,991,260
F2. Industrial Real 1,477,276 N/A 1,477,276 1,477,276
G. Oil, Gas, Minerals 5,590,960 N/A 5,590,960 5,590,960
J. Utilities 39,736,140 .9904 40,121,305 40,121,305
L1. Commercial Personal 4,958,188 N/A 4,958,188 4,958,188
L2. Industrial Personal 8,974,720 N/A 8,974,720 8,974,720
M. Other Personal 1,214,838 N/A 1,214,838 1,214,838
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 145,005,309 160,592,532 160,592,532
Less Total Deductions 23,969,487   27,576,026 27,576,026
Total Taxable Value 121,035,822 133,016,506 133,016,506 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
137,802,991 133,016,506 137,802,991 133,016,506


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,786,485 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
137,802,991 133,016,506 137,802,991 133,016,506

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 taxable value to be invalid, and state value was certified because your local value

did not exceed the state value and:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)

125-905/Premont ISD



Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 44,091,116 .8422 52,352,871 52,352,871
B. Multi-Family Residences 517,676 N/A 517,676 517,676
C1. Vacant Lots 939,402 N/A 939,402 939,402
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 9,791,225 .9812 9,978,523 10,471,607
D2. Real Prop Farm & Ranch 1,955,728 N/A 1,955,728 1,955,728
E. Real Prop NonQual Acres 29,786,645 .7483 39,805,551 36,046,566
F1. Commercial Real 6,019,690 N/A 6,019,690 6,019,690
F2. Industrial Real 1,477,276 N/A 1,477,276 1,477,276
G. Oil, Gas, Minerals 5,633,000 N/A 5,633,000 5,633,000
J. Utilities 44,892,340 .9907 45,311,762 45,277,505
L1. Commercial Personal 4,966,188 N/A 4,966,188 4,966,188
L2. Industrial Personal 9,110,140 N/A 9,110,140 9,110,140
M. Other Personal 1,466,718 N/A 1,466,718 1,466,718
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 160,647,144 179,534,525 176,234,367
Less Total Deductions 26,331,380   29,937,919 29,937,919
Total Taxable Value 134,315,764 149,596,606 146,296,448 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

Comptroller Of Public Accounts - Property Tax Division

2017 ISD Summary Worksheet

125-905/Premont ISD

Final Values Worksheet

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
151,330,680 146,296,448 151,330,680 146,296,448


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,034,232 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
151,330,680 146,296,448 151,330,680 146,296,448

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 taxable value to be invalid, and state value was certified because your local value

did not exceed the state value and:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)