taxes Property Tax Assistance

2017 ISD Summary Worksheet

034/Cass

034-907/Queen City ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 61,198,038 .9166 66,766,352 61,198,038
B. Multi-Family Residences 5,643,870 N/A 5,643,870 5,643,870
C1. Vacant Lots 2,642,558 N/A 2,642,558 2,642,558
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 5,902,667 1.0383 5,685,098 5,902,667
D2. Real Prop Farm & Ranch 1,577,450 N/A 1,577,450 1,577,450
E. Real Prop NonQual Acres 96,779,921 1.0060 96,202,705 96,779,921
F1. Commercial Real 17,589,722 .9461 18,591,821 17,589,722
F2. Industrial Real 234,708,370 N/A 234,708,370 234,708,370
G. Oil, Gas, Minerals 28,004 N/A 28,004 28,004
J. Utilities 17,519,870 1.0489 16,703,089 17,519,870
L1. Commercial Personal 7,723,993 N/A 7,723,993 7,723,993
L2. Industrial Personal 95,469,200 N/A 95,469,200 95,469,200
M. Other Personal 6,321,830 N/A 6,321,830 6,321,830
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 46,470 N/A 46,470 46,470
S. Special Inventory 372,550 N/A 372,550 372,550
Subtotal 553,524,513 558,483,360 553,524,513
Less Total Deductions 79,210,197   84,147,119 79,210,197
Total Taxable Value 474,314,316 474,336,241 474,314,316 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
486,675,477 474,314,316 475,284,503 462,923,342


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,361,161 11,390,974


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
486,675,477 474,314,316 475,284,503 462,923,342

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