taxes Property Tax Assistance

2017 ISD Summary Worksheet

161/McLennan

161-921/Connally ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 404,710,493 N/A 404,710,493 404,710,493
B. Multi-Family Residences 44,208,649 N/A 44,208,649 44,208,649
C1. Vacant Lots 14,430,548 N/A 14,430,548 14,430,548
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,318,160 N/A 1,318,160 1,318,160
D2. Real Prop Farm & Ranch 2,772,586 N/A 2,772,586 2,772,586
E. Real Prop NonQual Acres 62,395,894 N/A 62,395,894 62,395,894
F1. Commercial Real 60,376,308 N/A 60,376,308 60,376,308
F2. Industrial Real 43,342,539 N/A 43,342,539 43,342,539
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 23,786,120 N/A 23,786,120 23,786,120
L1. Commercial Personal 53,223,100 N/A 53,223,100 53,223,100
L2. Industrial Personal 81,378,820 N/A 81,378,820 81,378,820
M. Other Personal 4,780,402 N/A 4,780,402 4,780,402
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,047,750 N/A 1,047,750 1,047,750
S. Special Inventory 4,723,870 N/A 4,723,870 4,723,870
Subtotal 802,495,239 802,495,239 802,495,239
Less Total Deductions 142,689,763   142,689,763 142,689,763
Total Taxable Value 659,805,476 659,805,476 659,805,476 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
684,222,003 659,805,476 684,222,003 659,805,476


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
24,416,527 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
684,222,003 659,805,476 684,222,003 659,805,476

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