taxes Property Tax Assistance

2018 ISD Summary Worksheet

138/Knox

138-904/Benjamin ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 3,129,220 N/A 3,129,220 3,129,220
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 426,020 N/A 426,020 426,020
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 15,885,600 N/A 15,885,600 15,885,600
D2. Real Prop Farm & Ranch 430,160 N/A 430,160 430,160
E. Real Prop NonQual Acres 3,553,710 N/A 3,553,710 3,553,710
F1. Commercial Real 574,880 N/A 574,880 574,880
F2. Industrial Real 8,684,520 N/A 8,684,520 8,684,520
G. Oil, Gas, Minerals 1,551,560 N/A 1,551,560 1,551,560
J. Utilities 28,876,570 N/A 28,876,570 28,876,570
L1. Commercial Personal 110,328 N/A 110,328 110,328
L2. Industrial Personal 73,680 N/A 73,680 73,680
M. Other Personal 0 N/A 0 0
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 63,296,248 63,296,248 63,296,248
Less Total Deductions 2,178,762   2,178,762 2,178,762
Total Taxable Value 61,117,486 61,117,486 61,117,486 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
61,710,216 61,117,486 61,710,216 61,117,486


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
592,730 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
61,710,216 61,117,486 61,710,216 61,117,486

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