taxes Property Tax Assistance

2018 ISD Summary Worksheet

122/Jeff Davis

122-902/Valentine ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 5,257,600 N/A 5,257,600 5,257,600
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 3,599,940 N/A 3,599,940 3,599,940
C2. Colonia Lots 760,360 N/A 760,360 760,360
D1. Rural Real(Taxable) 7,826,810 N/A 7,826,810 7,826,810
D2. Real Prop Farm & Ranch 303,670 N/A 303,670 303,670
E. Real Prop NonQual Acres 11,766,760 N/A 11,766,760 11,766,760
F1. Commercial Real 772,800 N/A 772,800 772,800
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 20,129,490 N/A 20,129,490 20,129,490
L1. Commercial Personal 149,090 N/A 149,090 149,090
L2. Industrial Personal 1,263,030 N/A 1,263,030 1,263,030
M. Other Personal 407,500 N/A 407,500 407,500
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 52,237,050 52,237,050 52,237,050
Less Total Deductions 2,473,745   2,473,745 2,473,745
Total Taxable Value 49,763,305 49,763,305 49,763,305 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
50,110,615 49,763,305 50,110,615 49,763,305


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
347,310 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
50,110,615 49,763,305 50,110,615 49,763,305

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