taxes Property Tax Assistance

2018 ISD Summary Worksheet

007/Atascosa

015-909/Somerset ISD

** This district is in year 2 of the grace period.


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 116,974,688 .9080 128,826,749 116,974,688
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 5,901,590 N/A 5,901,590 5,901,590
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,071,446 .9318 1,149,877 1,071,446
D2. Real Prop Farm & Ranch 215,590 N/A 215,590 215,590
E. Real Prop NonQual Acres 49,442,793 .7473 66,161,907 49,442,793
F1. Commercial Real 4,083,030 N/A 4,083,030 4,083,030
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 185,790 N/A 185,790 185,790
J. Utilities 1,430,920 N/A 1,430,920 1,430,920
L1. Commercial Personal 1,037,980 N/A 1,037,980 1,037,980
L2. Industrial Personal 1,014,340 N/A 1,014,340 1,014,340
M. Other Personal 8,684,590 N/A 8,684,590 8,684,590
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 190,042,757 218,692,363 190,042,757
Less Total Deductions 44,756,535   48,263,630 44,756,535
Total Taxable Value 145,286,222 170,428,733 145,286,222 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
153,821,587 145,286,222 153,821,587 145,286,222


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,535,365 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
153,821,587 145,286,222 153,821,587 145,286,222

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 two of the grace period.

015/Bexar

015-909/Somerset ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 229,142,988 .9864 232,302,299 229,142,988
B. Multi-Family Residences 4,510,480 N/A 4,510,480 4,510,480
C1. Vacant Lots 20,883,397 .9432 22,141,006 20,883,397
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,774,505 .9810 1,808,877 1,774,505
D2. Real Prop Farm & Ranch 2,725,547 N/A 2,725,547 2,725,547
E. Real Prop NonQual Acres 87,152,183 .9906 87,979,187 87,152,183
F1. Commercial Real 33,322,413 .9777 34,082,452 33,322,413
F2. Industrial Real 1,470,410 N/A 1,470,410 1,470,410
G. Oil, Gas, Minerals 2,933,401 N/A 2,933,401 2,933,401
J. Utilities 2,126,848 N/A 2,126,848 2,126,848
L1. Commercial Personal 18,749,705 N/A 18,749,705 18,749,705
L2. Industrial Personal 21,836,160 N/A 21,836,160 21,836,160
M. Other Personal 20,858,212 N/A 20,858,212 20,858,212
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 39,480 N/A 39,480 39,480
S. Special Inventory 13,000 N/A 13,000 13,000
Subtotal 447,538,729 453,577,064 447,538,729
Less Total Deductions 86,090,087   87,203,551 86,090,087
Total Taxable Value 361,448,642 366,373,513 361,448,642 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
376,136,721 361,448,642 376,136,721 361,448,642


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
14,688,079 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
376,136,721 361,448,642 376,136,721 361,448,642

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

015-909/Somerset ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 346,117,676 .9584 361,129,048 346,117,676
B. Multi-Family Residences 4,510,480 N/A 4,510,480 4,510,480
C1. Vacant Lots 26,784,987 .9552 28,042,596 26,784,987
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,845,951 .9619 2,958,754 2,845,951
D2. Real Prop Farm & Ranch 2,941,137 N/A 2,941,137 2,941,137
E. Real Prop NonQual Acres 136,594,976 .8862 154,141,094 136,594,976
F1. Commercial Real 37,405,443 .9801 38,165,482 37,405,443
F2. Industrial Real 1,470,410 N/A 1,470,410 1,470,410
G. Oil, Gas, Minerals 3,119,191 N/A 3,119,191 3,119,191
J. Utilities 3,557,768 N/A 3,557,768 3,557,768
L1. Commercial Personal 19,787,685 N/A 19,787,685 19,787,685
L2. Industrial Personal 22,850,500 N/A 22,850,500 22,850,500
M. Other Personal 29,542,802 N/A 29,542,802 29,542,802
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 39,480 N/A 39,480 39,480
S. Special Inventory 13,000 N/A 13,000 13,000
Subtotal 637,581,486 672,269,427 637,581,486
Less Total Deductions 130,846,622   135,467,181 130,846,622
Total Taxable Value 506,734,864 536,802,246 506,734,864 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

Comptroller Of Public Accounts - Property Tax Division

2018 ISD Summary Worksheet

015-909/Somerset ISD

Final Values Worksheet

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
529,958,308 506,734,864 529,958,308 506,734,864


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
23,223,444 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
529,958,308 506,734,864 529,958,308 506,734,864

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