taxes Property Tax Assistance

2018 ISD Summary Worksheet

186/Pecos

186-902/Fort Stockton 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 264,133,020 .7583 348,322,590 264,133,020
B. Multi-Family Residences 5,864,510 N/A 5,864,510 5,864,510
C1. Vacant Lots 7,086,930 N/A 7,086,930 7,086,930
C2. Colonia Lots 2,306,370 N/A 2,306,370 2,306,370
D1. Rural Real(Taxable) 16,578,010 .6880 24,096,511 16,578,010
D2. Real Prop Farm & Ranch 10,957,840 N/A 10,957,840 10,957,840
E. Real Prop NonQual Acres 23,451,110 N/A 23,451,110 23,451,110
F1. Commercial Real 111,318,850 .7865 141,536,999 111,318,850
F2. Industrial Real 123,562,570 N/A 123,562,570 123,562,570
G. Oil, Gas, Minerals 537,290,400 .9940 540,533,602 537,290,400
J. Utilities 252,593,190 .9262 272,719,920 252,593,190
L1. Commercial Personal 33,419,480 N/A 33,419,480 33,419,480
L2. Industrial Personal 707,731,400 N/A 707,731,400 707,731,400
M. Other Personal 10,948,700 N/A 10,948,700 10,948,700
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 801,620 N/A 801,620 801,620
S. Special Inventory 2,989,460 N/A 2,989,460 2,989,460
Subtotal 2,111,033,460 2,256,329,612 2,111,033,460
Less Total Deductions 495,443,469   516,130,124 495,443,469
Total Taxable Value 1,615,589,991 1,740,199,488 1,615,589,991 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
1,638,643,871 1,615,589,991 1,619,117,051 1,596,063,171


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
23,053,880 19,526,820


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
2,031,183,021 2,008,129,141 2,011,656,201 1,988,602,321

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.