taxes Property Tax Assistance

2018 ISD Summary Worksheet

216/Sterling

216-901/Sterling City ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 18,193,790 .7186 25,318,383 25,318,383
B. Multi-Family Residences 686,100 N/A 686,100 686,100
C1. Vacant Lots 1,103,470 N/A 1,103,470 1,103,470
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,872,050 1.0431 7,547,131 7,547,131
D2. Real Prop Farm & Ranch 7,269,320 N/A 7,269,320 7,269,320
E. Real Prop NonQual Acres 11,730,020 .8751 13,404,205 13,404,205
F1. Commercial Real 4,132,540 N/A 4,132,540 4,132,540
F2. Industrial Real 656,429,040 N/A 656,429,040 656,429,040
G. Oil, Gas, Minerals 89,204,080 1.0116 88,181,178 88,181,178
J. Utilities 133,035,160 .9372 141,949,595 141,949,595
L1. Commercial Personal 6,181,650 N/A 6,181,650 6,181,650
L2. Industrial Personal 17,477,900 N/A 17,477,900 17,477,900
M. Other Personal 437,320 N/A 437,320 437,320
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 953,752,440 970,117,832 970,117,832
Less Total Deductions 85,524,222   87,842,574 87,842,574
Total Taxable Value 868,228,218 882,275,258 882,275,258 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
884,539,908 882,275,258 884,539,908 882,275,258


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,264,650 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
960,972,908 958,708,258 960,972,908 958,708,258

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 taxable value to be invalid, and state value was certified because your local value

did not exceed the state value and:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)