taxes Property Tax Assistance

2018 ISD Summary Worksheet

145/Leon

145-902/Centerville ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 43,768,750 .8275 52,892,749 52,892,749
B. Multi-Family Residences 841,390 N/A 841,390 841,390
C1. Vacant Lots 2,087,150 N/A 2,087,150 2,087,150
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 14,387,020 1.1064 13,003,643 13,003,643
D2. Real Prop Farm & Ranch 12,477,760 N/A 12,477,760 12,477,760
E. Real Prop NonQual Acres 172,360,710 .7421 232,260,760 232,260,760
F1. Commercial Real 17,881,970 N/A 17,881,970 17,881,970
F2. Industrial Real 164,860 N/A 164,860 164,860
G. Oil, Gas, Minerals 23,323,130 .9876 23,615,968 23,615,968
J. Utilities 45,299,210 .8871 51,064,378 51,064,378
L1. Commercial Personal 16,356,940 N/A 16,356,940 16,356,940
L2. Industrial Personal 9,620,260 N/A 9,620,260 9,620,260
M. Other Personal 8,042,340 N/A 8,042,340 8,042,340
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 366,611,490 440,310,168 440,310,168
Less Total Deductions 70,085,357   83,455,834 83,455,834
Total Taxable Value 296,526,133 356,854,334 356,854,334 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
356,854,334 356,854,334 350,888,429 350,888,429


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 5,965,905


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
356,854,334 356,854,334 350,888,429 350,888,429

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)