taxes Property Tax Assistance

2017 ISD Summary Worksheet

154/Madison

154-903/North Zulch ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 24,742,990 N/A 24,742,990 24,742,990
B. Multi-Family Residences 26,270 N/A 26,270 26,270
C1. Vacant Lots 2,822,880 N/A 2,822,880 2,822,880
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 3,017,751 N/A 3,017,751 3,017,751
D2. Real Prop Farm & Ranch 4,976,740 N/A 4,976,740 4,976,740
E. Real Prop NonQual Acres 52,470,710 N/A 52,470,710 52,470,710
F1. Commercial Real 3,677,930 N/A 3,677,930 3,677,930
F2. Industrial Real 178,410 N/A 178,410 178,410
G. Oil, Gas, Minerals 83,502,230 N/A 83,502,230 83,502,230
J. Utilities 36,063,150 N/A 36,063,150 36,063,150
L1. Commercial Personal 942,930 N/A 942,930 942,930
L2. Industrial Personal 21,003,400 N/A 21,003,400 21,003,400
M. Other Personal 3,400,080 N/A 3,400,080 3,400,080
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 236,825,471 236,825,471 236,825,471
Less Total Deductions 21,010,484   21,010,484 21,010,484
Total Taxable Value 215,814,987 215,814,987 215,814,987 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
219,715,953 215,814,987 219,715,953 215,814,987


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,900,966 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
219,715,953 215,814,987 219,715,953 215,814,987

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