taxes Property Tax Assistance

2018 ISD Summary Worksheet

164/Menard

164-901/Menard ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 32,320,430 .9224 35,039,495 32,320,430
B. Multi-Family Residences 419,250 N/A 419,250 419,250
C1. Vacant Lots 1,994,250 N/A 1,994,250 1,994,250
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 27,164,180 .9863 27,542,013 27,164,180
D2. Real Prop Farm & Ranch 3,924,300 N/A 3,924,300 3,924,300
E. Real Prop NonQual Acres 81,965,430 .9701 84,491,733 81,965,430
F1. Commercial Real 7,027,370 N/A 7,027,370 7,027,370
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 6,451,850 N/A 6,451,850 6,451,850
J. Utilities 33,075,800 .9184 36,014,591 33,075,800
L1. Commercial Personal 4,246,950 N/A 4,246,950 4,246,950
L2. Industrial Personal 2,049,780 N/A 2,049,780 2,049,780
M. Other Personal 1,549,970 N/A 1,549,970 1,549,970
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 202,189,560 210,751,552 202,189,560
Less Total Deductions 20,682,873   22,043,324 20,682,873
Total Taxable Value 181,506,687 188,708,228 181,506,687 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
186,239,727 181,506,687 186,239,727 181,506,687


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,733,040 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
186,239,727 181,506,687 186,239,727 181,506,687

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