taxes Property Tax Assistance

2016 ISD Summary Worksheet

158/Matagorda

158-906/Van Vleck ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 375,723,876 .9868 380,749,773 375,723,876
B. Multi-Family Residences 365,490 N/A 365,490 365,490
C1. Vacant Lots 63,889,349 1.0076 63,407,452 63,889,349
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 16,951,057 .9566 17,719,678 16,951,057
D2. Real Prop Farm & Ranch 3,716,776 N/A 3,716,776 3,716,776
E. Real Prop NonQual Acres 63,242,698 .8941 70,733,361 63,242,698
F1. Commercial Real 18,929,730 N/A 18,929,730 18,929,730
F2. Industrial Real 350,680,390 N/A 350,680,390 350,680,390
G. Oil, Gas, Minerals 20,712,580 1.0232 20,242,944 20,712,580
J. Utilities 47,205,580 .9602 49,162,237 47,205,580
L1. Commercial Personal 4,667,983 N/A 4,667,983 4,667,983
L2. Industrial Personal 46,958,870 N/A 46,958,870 46,958,870
M. Other Personal 4,847,790 N/A 4,847,790 4,847,790
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 2,316,350 N/A 2,316,350 2,316,350
S. Special Inventory 690 N/A 690 690
Subtotal 1,020,209,209 1,034,499,514 1,020,209,209
Less Total Deductions 77,976,880   79,009,559 77,976,880
Total Taxable Value 942,232,329 955,489,955 942,232,329 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
955,009,262 942,232,329 937,831,373 925,054,440


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,776,933 17,177,889


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
955,009,262 942,232,329 937,831,373 925,054,440

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