taxes Property Tax Assistance

2018 ISD Summary Worksheet

054/Crosby

054-903/Ralls ISD

* This district is in year 1 of the grace period.


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 30,193,529 .9599 31,454,869 30,193,529
B. Multi-Family Residences 111,831 N/A 111,831 111,831
C1. Vacant Lots 652,324 N/A 652,324 652,324
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 35,708,381 .7519 47,491,580 35,708,381
D2. Real Prop Farm & Ranch 2,216,258 N/A 2,216,258 2,216,258
E. Real Prop NonQual Acres 14,216,958 .9782 14,533,795 14,216,958
F1. Commercial Real 4,690,634 N/A 4,690,634 4,690,634
F2. Industrial Real 10,134,315 N/A 10,134,315 10,134,315
G. Oil, Gas, Minerals 25,645,951 .9959 25,751,532 25,645,951
J. Utilities 8,465,435 N/A 8,465,435 8,465,435
L1. Commercial Personal 2,536,750 N/A 2,536,750 2,536,750
L2. Industrial Personal 6,248,817 N/A 6,248,817 6,248,817
M. Other Personal 879 N/A 879 879
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 140,822,062 154,289,019 140,822,062
Less Total Deductions 13,764,901   14,259,488 13,764,901
Total Taxable Value 127,057,161 140,029,531 127,057,161 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
130,618,540 127,057,161 130,618,540 127,057,161


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,561,379 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
130,618,540 127,057,161 130,618,540 127,057,161

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.