taxes Property Tax Assistance

2018 ISD Summary Worksheet

066/Duval

066-903/Freer ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 59,995,719 .8830 67,945,322 67,945,322
B. Multi-Family Residences 1,004,370 N/A 1,004,370 1,004,370
C1. Vacant Lots 1,678,582 N/A 1,678,582 1,678,582
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 20,408,512 .7984 25,562,146 25,562,146
D2. Real Prop Farm & Ranch 32,490 N/A 32,490 32,490
E. Real Prop NonQual Acres 30,004,537 .8115 36,974,168 36,974,168
F1. Commercial Real 19,052,123 .9596 19,854,234 19,854,234
F2. Industrial Real 5,128,950 N/A 5,128,950 5,128,950
G. Oil, Gas, Minerals 30,251,130 .9957 30,381,772 30,381,772
J. Utilities 73,734,270 .9465 77,902,029 77,902,029
L1. Commercial Personal 6,642,670 N/A 6,642,670 6,642,670
L2. Industrial Personal 32,377,570 N/A 32,377,570 32,377,570
M. Other Personal 2,549,520 N/A 2,549,520 2,549,520
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 282,860,443 308,033,823 308,033,823
Less Total Deductions 34,286,645   37,384,050 37,384,050
Total Taxable Value 248,573,798 270,649,773 270,649,773 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
276,612,268 270,649,773 272,702,386 266,739,891


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,962,495 3,909,882


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
276,612,268 270,649,773 272,702,386 266,739,891

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 taxable value to be invalid, and state value was certified because your local value

did not exceed the state value and:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)