taxes Property Tax Assistance

2018 ISD Summary Worksheet

200/Runnels

200-906/Olfen ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 0 N/A 0 0
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 12,490 N/A 12,490 12,490
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,238,560 .9914 2,257,871 2,238,560
D2. Real Prop Farm & Ranch 303,490 N/A 303,490 303,490
E. Real Prop NonQual Acres 4,003,970 .9296 4,307,197 4,003,970
F1. Commercial Real 82,310 N/A 82,310 82,310
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 5,193,910 .9402 5,524,261 5,193,910
L1. Commercial Personal 134,140 N/A 134,140 134,140
L2. Industrial Personal 1,600 N/A 1,600 1,600
M. Other Personal 0 N/A 0 0
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 11,970,470 12,623,359 11,970,470
Less Total Deductions 1,390,308   1,390,308 1,390,308
Total Taxable Value 10,580,162 11,233,051 10,580,162 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
10,873,912 10,580,162 10,873,912 10,580,162


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
293,750 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
10,873,912 10,580,162 10,873,912 10,580,162

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