taxes Property Tax Assistance

2018 ISD Summary Worksheet

146/Liberty

146-907/Tarkington ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 329,934,533 .9587 344,147,839 329,934,533
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 39,947,842 1.0396 38,426,166 39,947,842
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 17,822,983 1.0114 17,621,273 17,822,983
D2. Real Prop Farm & Ranch 3,302,579 N/A 3,302,579 3,302,579
E. Real Prop NonQual Acres 135,706,046 .9666 140,395,247 135,706,046
F1. Commercial Real 15,101,080 N/A 15,101,080 15,101,080
F2. Industrial Real 12,237,970 N/A 12,237,970 12,237,970
G. Oil, Gas, Minerals 261,006 N/A 261,006 261,006
J. Utilities 61,708,910 .9459 65,238,302 61,708,910
L1. Commercial Personal 16,911,660 N/A 16,911,660 16,911,660
L2. Industrial Personal 17,737,730 N/A 17,737,730 17,737,730
M. Other Personal 23,975,881 N/A 23,975,881 23,975,881
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 13,740 N/A 13,740 13,740
Subtotal 674,661,960 695,370,473 674,661,960
Less Total Deductions 107,967,578   112,923,928 107,967,578
Total Taxable Value 566,694,382 582,446,545 566,694,382 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
585,662,216 566,694,382 585,662,216 566,694,382


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
18,967,834 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
585,662,216 566,694,382 585,662,216 566,694,382

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