taxes Property Tax Assistance

2017 ISD Summary Worksheet

228/Trinity

228-904/Centerville ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 7,450,200 .9733 7,654,577 7,450,200
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 239,103 N/A 239,103 239,103
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 8,298,443 1.0589 7,836,776 8,298,443
D2. Real Prop Farm & Ranch 321,295 N/A 321,295 321,295
E. Real Prop NonQual Acres 18,700,009 .9321 20,062,235 18,700,009
F1. Commercial Real 650,396 N/A 650,396 650,396
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 412,100 N/A 412,100 412,100
J. Utilities 1,154,450 N/A 1,154,450 1,154,450
L1. Commercial Personal 195,408 N/A 195,408 195,408
L2. Industrial Personal 225,930 N/A 225,930 225,930
M. Other Personal 1,305,160 N/A 1,305,160 1,305,160
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 38,952,494 40,057,430 38,952,494
Less Total Deductions 9,733,875   10,000,461 9,733,875
Total Taxable Value 29,218,619 30,056,969 29,218,619 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
31,147,728 29,218,619 31,147,728 29,218,619


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,929,109 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
31,147,728 29,218,619 31,147,728 29,218,619

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