taxes Property Tax Assistance

2018 ISD Summary Worksheet

056/Dallam

056-902/Texline 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 6,176,022 N/A 6,176,022 6,176,022
B. Multi-Family Residences 316,990 N/A 316,990 316,990
C1. Vacant Lots 241,290 N/A 241,290 241,290
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 64,152,561 .9226 69,536,516 64,152,561
D2. Real Prop Farm & Ranch 6,084,700 N/A 6,084,700 6,084,700
E. Real Prop NonQual Acres 15,391,190 .8670 17,752,238 15,391,190
F1. Commercial Real 3,127,220 N/A 3,127,220 3,127,220
F2. Industrial Real 33,212,380 N/A 33,212,380 33,212,380
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 28,166,150 .9541 29,521,172 28,166,150
L1. Commercial Personal 18,834,794 .9865 19,092,543 18,834,794
L2. Industrial Personal 5,523,880 N/A 5,523,880 5,523,880
M. Other Personal 1,023,780 N/A 1,023,780 1,023,780
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 182,250,957 191,608,731 182,250,957
Less Total Deductions 4,844,835   4,844,835 4,844,835
Total Taxable Value 177,406,122 186,763,896 177,406,122 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
178,384,242 177,406,122 178,384,242 177,406,122


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
978,120 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
178,384,242 177,406,122 178,384,242 177,406,122

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.