taxes Property Tax Assistance

2018 ISD Summary Worksheet

187/Polk

187-904/Corrigan-Camden ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 92,279,280 N/A 92,279,280 92,279,280
B. Multi-Family Residences 549,579 N/A 549,579 549,579
C1. Vacant Lots 5,808,562 N/A 5,808,562 5,808,562
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 33,801,841 N/A 33,801,841 33,801,841
D2. Real Prop Farm & Ranch 5,320,843 N/A 5,320,843 5,320,843
E. Real Prop NonQual Acres 38,480,429 N/A 38,480,429 38,480,429
F1. Commercial Real 14,168,408 N/A 14,168,408 14,168,408
F2. Industrial Real 337,790,649 N/A 337,790,649 337,790,649
G. Oil, Gas, Minerals 971,356 N/A 971,356 971,356
J. Utilities 88,410,646 N/A 88,410,646 88,410,646
L1. Commercial Personal 8,247,454 N/A 8,247,454 8,247,454
L2. Industrial Personal 30,618,331 N/A 30,618,331 30,618,331
M. Other Personal 10,872,066 N/A 10,872,066 10,872,066
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 832,897 N/A 832,897 832,897
Subtotal 668,152,341 668,152,341 668,152,341
Less Total Deductions 273,280,631   273,280,631 273,280,631
Total Taxable Value 394,871,710 394,871,710 394,871,710 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
403,876,833 394,871,710 396,125,942 387,120,819


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,005,123 7,750,891


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
587,019,800 578,014,677 579,268,909 570,263,786

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