taxes Property Tax Assistance

2017 ISD Summary Worksheet

249/Wise

249-902/Boyd 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 181,595,468 .9704 187,134,654 181,595,468
B. Multi-Family Residences 2,172,400 N/A 2,172,400 2,172,400
C1. Vacant Lots 3,765,210 N/A 3,765,210 3,765,210
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,170,870 .9509 2,282,880 2,170,870
D2. Real Prop Farm & Ranch 3,279,230 N/A 3,279,230 3,279,230
E. Real Prop NonQual Acres 130,356,050 .8317 156,734,460 130,356,050
F1. Commercial Real 40,036,240 .9172 43,650,502 40,036,240
F2. Industrial Real 7,655,490 N/A 7,655,490 7,655,490
G. Oil, Gas, Minerals 139,752,060 1.0139 137,836,138 139,752,060
J. Utilities 85,879,620 .8888 96,624,235 85,879,620
L1. Commercial Personal 31,073,190 .9231 33,661,781 31,073,190
L2. Industrial Personal 1,093,210 N/A 1,093,210 1,093,210
M. Other Personal 7,190,702 N/A 7,190,702 7,190,702
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 1,270,930 N/A 1,270,930 1,270,930
S. Special Inventory 54,240 N/A 54,240 54,240
Subtotal 637,344,910 684,406,062 637,344,910
Less Total Deductions 73,080,312   75,609,108 73,080,312
Total Taxable Value 564,264,598 608,796,954 564,264,598 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
577,064,073 564,264,598 577,064,073 564,264,598


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,799,475 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
577,064,073 564,264,598 577,064,073 564,264,598

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.