taxes Property Tax Assistance

2017 ISD Summary Worksheet

135/King

135-001/Guthrie CSD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 1,225,760 N/A 1,225,760 1,225,760
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 265,940 N/A 265,940 265,940
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 15,789,720 .9230 17,107,841 15,789,720
D2. Real Prop Farm & Ranch 499,960 N/A 499,960 499,960
E. Real Prop NonQual Acres 8,494,490 .9269 9,164,408 8,494,490
F1. Commercial Real 100,290 N/A 100,290 100,290
F2. Industrial Real 9,386,590 N/A 9,386,590 9,386,590
G. Oil, Gas, Minerals 101,522,110 .9863 102,932,282 101,522,110
J. Utilities 26,635,440 .3412 78,064,009 26,635,440
L1. Commercial Personal 662,040 N/A 662,040 662,040
L2. Industrial Personal 2,672,390 N/A 2,672,390 2,672,390
M. Other Personal 192,690 N/A 192,690 192,690
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 167,447,420 222,274,200 167,447,420
Less Total Deductions 880,620   880,620 880,620
Total Taxable Value 166,566,800 221,393,580 166,566,800 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
166,742,000 166,566,800 166,613,325 166,438,125


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
175,200 128,675


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
166,742,000 166,566,800 166,613,325 166,438,125

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