taxes Property Tax Assistance

2018 ISD Summary Worksheet

026/Burleson

026-903/Snook ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 83,554,562 .9836 84,947,704 83,554,562
B. Multi-Family Residences 204,865 N/A 204,865 204,865
C1. Vacant Lots 11,763,140 N/A 11,763,140 11,763,140
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 17,088,772 .7925 21,563,503 17,088,772
D2. Real Prop Farm & Ranch 8,011,699 N/A 8,011,699 8,011,699
E. Real Prop NonQual Acres 71,457,290 .9663 73,949,384 71,457,290
F1. Commercial Real 7,746,033 N/A 7,746,033 7,746,033
F2. Industrial Real 415,200 N/A 415,200 415,200
G. Oil, Gas, Minerals 60,483,170 1.0119 59,771,885 60,483,170
J. Utilities 18,008,510 .9477 19,002,332 18,008,510
L1. Commercial Personal 3,754,903 N/A 3,754,903 3,754,903
L2. Industrial Personal 2,476,790 N/A 2,476,790 2,476,790
M. Other Personal 6,947,633 N/A 6,947,633 6,947,633
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 368,091 N/A 368,091 368,091
S. Special Inventory 0 N/A 0 0
Subtotal 292,280,658 300,923,162 292,280,658
Less Total Deductions 45,052,151   45,753,616 45,052,151
Total Taxable Value 247,228,507 255,169,546 247,228,507 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
252,881,754 247,228,507 252,881,754 247,228,507


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,653,247 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
252,881,754 247,228,507 252,881,754 247,228,507

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