taxes Property Tax Assistance

2016 ISD Summary Worksheet

148/Lipscomb

148-905/Darrouzett ISD


Category Local Tax Roll Value 2016 WTD Mean Ratio 2016 PTAD Value Estimate 2016 Value Assigned
A. Single-Family Residences 5,787,770 N/A 5,787,770 5,787,770
B. Multi-Family Residences 138,090 N/A 138,090 138,090
C1. Vacant Lots 49,040 N/A 49,040 49,040
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,195,460 .9614 7,484,578 7,195,460
D2. Real Prop Farm & Ranch 894,220 N/A 894,220 894,220
E. Real Prop NonQual Acres 2,967,000 N/A 2,967,000 2,967,000
F1. Commercial Real 580,870 N/A 580,870 580,870
F2. Industrial Real 340,030 N/A 340,030 340,030
G. Oil, Gas, Minerals 39,013,267 1.0043 38,846,228 39,013,267
J. Utilities 16,966,700 N/A 16,966,700 16,966,700
L1. Commercial Personal 2,008,250 N/A 2,008,250 2,008,250
L2. Industrial Personal 1,045,300 N/A 1,045,300 1,045,300
M. Other Personal 152,420 N/A 152,420 152,420
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 77,138,417 77,260,496 77,138,417
Less Total Deductions 3,977,475   3,977,475 3,977,475
Total Taxable Value 73,160,942 73,283,021 73,160,942 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
74,132,132 73,160,942 74,132,132 73,160,942


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
971,190 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
74,132,132 73,160,942 74,132,132 73,160,942

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