taxes Property Tax Assistance

2018 ISD Summary Worksheet

184/Parker

184-911/Garner ISD

** This district is in year 2 of the grace period.


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 40,954,180 .8838 46,338,742 40,954,180
B. Multi-Family Residences 484,950 N/A 484,950 484,950
C1. Vacant Lots 1,237,470 N/A 1,237,470 1,237,470
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 1,781,920 1.1103 1,604,970 1,781,920
D2. Real Prop Farm & Ranch 366,490 N/A 366,490 366,490
E. Real Prop NonQual Acres 74,453,200 .9239 80,585,778 74,453,200
F1. Commercial Real 10,136,756 .9969 10,168,278 10,136,756
F2. Industrial Real 16,917,520 N/A 16,917,520 16,917,520
G. Oil, Gas, Minerals 382,520 N/A 382,520 382,520
J. Utilities 15,870,980 .8910 17,812,548 15,870,980
L1. Commercial Personal 1,860,610 N/A 1,860,610 1,860,610
L2. Industrial Personal 57,170,120 N/A 57,170,120 57,170,120
M. Other Personal 1,949,840 N/A 1,949,840 1,949,840
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 63,010 N/A 63,010 63,010
S. Special Inventory 0 N/A 0 0
Subtotal 223,629,566 236,942,846 223,629,566
Less Total Deductions 49,769,838   54,286,176 49,769,838
Total Taxable Value 173,859,728 182,656,670 173,859,728 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
177,890,408 173,859,728 177,890,408 173,859,728


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,030,680 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
177,890,408 173,859,728 177,890,408 173,859,728

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 invalid, but local value was certified because your school district is in year two of the grace period.