taxes Property Tax Assistance

2016 ISD Summary Worksheet

101/Harris

101-924/Sheldon ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 1,007,732,458 N/A 1,007,732,458 1,007,732,458
B. Multi-Family Residences 41,090,929 N/A 41,090,929 41,090,929
C1. Vacant Lots 92,804,920 N/A 92,804,920 92,804,920
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 4,355,558 N/A 4,355,558 4,355,558
D2. Real Prop Farm & Ranch 493,478 N/A 493,478 493,478
E. Real Prop NonQual Acres 64,116,608 N/A 64,116,608 64,116,608
F1. Commercial Real 378,267,852 N/A 378,267,852 378,267,852
F2. Industrial Real 1,225,416,176 N/A 1,225,416,176 1,225,416,176
G. Oil, Gas, Minerals 3,077,710 N/A 3,077,710 3,077,710
J. Utilities 86,877,065 N/A 86,877,065 86,877,065
L1. Commercial Personal 188,123,285 N/A 188,123,285 188,123,285
L2. Industrial Personal 2,648,734,305 N/A 2,648,734,305 2,648,734,305
M. Other Personal 16,354,650 N/A 16,354,650 16,354,650
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 23,840,717 N/A 23,840,717 23,840,717
S. Special Inventory 222,132 N/A 222,132 222,132
Subtotal 5,781,507,843 5,781,507,843 5,781,507,843
Less Total Deductions 442,130,686   442,130,686 442,130,686
Total Taxable Value 5,339,377,157 5,339,377,157 5,339,377,157 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
5,393,822,306 5,339,377,157 5,334,823,837 5,280,378,688


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
54,445,149 58,998,469


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
5,551,260,206 5,496,815,057 5,492,261,737 5,437,816,588

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