taxes Property Tax Assistance

2018 ISD Summary Worksheet

192/Reagan

192-901/Reagan County ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 63,304,180 N/A 63,304,180 63,304,180
B. Multi-Family Residences 1,292,906 N/A 1,292,906 1,292,906
C1. Vacant Lots 2,264,300 N/A 2,264,300 2,264,300
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 11,471,225 .4975 23,060,016 11,471,225
D2. Real Prop Farm & Ranch 3,031,626 N/A 3,031,626 3,031,626
E. Real Prop NonQual Acres 45,285,307 N/A 45,285,307 45,285,307
F1. Commercial Real 27,707,427 N/A 27,707,427 27,707,427
F2. Industrial Real 414,047,339 N/A 414,047,339 414,047,339
G. Oil, Gas, Minerals 2,024,734,770 .9902 2,044,773,551 2,024,734,770
J. Utilities 443,952,660 .8872 500,397,498 443,952,660
L1. Commercial Personal 26,000,779 N/A 26,000,779 26,000,779
L2. Industrial Personal 156,785,620 N/A 156,785,620 156,785,620
M. Other Personal 6,386,959 N/A 6,386,959 6,386,959
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 8,080 N/A 8,080 8,080
S. Special Inventory 146,293 N/A 146,293 146,293
Subtotal 3,226,419,471 3,314,491,881 3,226,419,471
Less Total Deductions 273,095,395   273,095,395 273,095,395
Total Taxable Value 2,953,324,076 3,041,396,486 2,953,324,076 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
2,958,886,195 2,953,324,076 2,954,558,563 2,948,996,444


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,562,119 4,327,632


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
3,197,083,195 3,191,521,076 3,192,755,563 3,187,193,444

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