taxes Property Tax Assistance

2017 ISD Summary Worksheet

219/Swisher

219-903/Tulia 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 61,379,050 .7881 77,882,312 61,379,050
B. Multi-Family Residences 562,422 N/A 562,422 562,422
C1. Vacant Lots 768,470 N/A 768,470 768,470
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 24,626,224 1.4790 16,650,639 24,626,224
D2. Real Prop Farm & Ranch 1,939,251 N/A 1,939,251 1,939,251
E. Real Prop NonQual Acres 19,790,162 .8297 23,852,190 19,790,162
F1. Commercial Real 12,058,300 .8464 14,246,574 12,058,300
F2. Industrial Real 9,314,740 N/A 9,314,740 9,314,740
G. Oil, Gas, Minerals 6,375 N/A 6,375 6,375
J. Utilities 28,372,230 .8356 33,954,320 28,372,230
L1. Commercial Personal 11,825,410 .9996 11,830,142 11,825,410
L2. Industrial Personal 9,759,170 N/A 9,759,170 9,759,170
M. Other Personal 337,700 N/A 337,700 337,700
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 492,060 N/A 492,060 492,060
Subtotal 181,231,564 201,596,365 181,231,564
Less Total Deductions 31,008,429   37,990,062 31,008,429
Total Taxable Value 150,223,135 163,606,303 150,223,135 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
157,932,288 150,223,135 157,932,288 150,223,135


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,709,153 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
157,932,288 150,223,135 157,932,288 150,223,135

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.