taxes Property Tax Assistance

2017 ISD Summary Worksheet

103/Hartley

103-901/Channing ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 6,284,640 .9489 6,623,079 6,623,079
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 283,720 N/A 283,720 283,720
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 51,620,710 .7866 65,624,631 65,624,631
D2. Real Prop Farm & Ranch 4,422,440 N/A 4,422,440 4,422,440
E. Real Prop NonQual Acres 9,085,640 1.0148 8,953,134 8,953,134
F1. Commercial Real 128,110 N/A 128,110 128,110
F2. Industrial Real 13,693,780 N/A 13,693,780 13,693,780
G. Oil, Gas, Minerals 5,754,025 N/A 5,754,025 5,754,025
J. Utilities 36,926,690 .9397 39,296,254 39,296,254
L1. Commercial Personal 4,455,630 N/A 4,455,630 4,455,630
L2. Industrial Personal 5,828,200 N/A 5,828,200 5,828,200
M. Other Personal 547,810 N/A 547,810 547,810
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 139,031,395 155,610,813 155,610,813
Less Total Deductions 3,405,309   3,541,525 3,541,525
Total Taxable Value 135,626,086 152,069,288 152,069,288 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
152,725,968 152,069,288 152,725,968 152,069,288


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
656,680 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
152,725,968 152,069,288 152,725,968 152,069,288

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)

180/Oldham

103-901/Channing ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 0 N/A 0 0
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 387,770 N/A 387,770 387,770
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 12,452,540 N/A 12,452,540 12,452,540
D2. Real Prop Farm & Ranch 917,070 N/A 917,070 917,070
E. Real Prop NonQual Acres 2,589,870 N/A 2,589,870 2,589,870
F1. Commercial Real 30,550 N/A 30,550 30,550
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 15,545,570 N/A 15,545,570 15,545,570
J. Utilities 19,578,430 N/A 19,578,430 19,578,430
L1. Commercial Personal 358,550 N/A 358,550 358,550
L2. Industrial Personal 2,478,730 N/A 2,478,730 2,478,730
M. Other Personal 37,450 N/A 37,450 37,450
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 54,376,530 54,376,530 54,376,530
Less Total Deductions 36,660   36,660 36,660
Total Taxable Value 54,339,870 54,339,870 54,339,870 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
54,346,530 54,339,870 54,346,530 54,339,870


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,660 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
54,346,530 54,339,870 54,346,530 54,339,870

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

103-901/Channing ISD



Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 6,284,640 .9489 6,623,079 6,623,079
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 671,490 N/A 671,490 671,490
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 64,073,250 .8206 78,077,171 78,077,171
D2. Real Prop Farm & Ranch 5,339,510 N/A 5,339,510 5,339,510
E. Real Prop NonQual Acres 11,675,510 1.0115 11,543,004 11,543,004
F1. Commercial Real 158,660 N/A 158,660 158,660
F2. Industrial Real 13,693,780 N/A 13,693,780 13,693,780
G. Oil, Gas, Minerals 21,299,595 N/A 21,299,595 21,299,595
J. Utilities 56,505,120 .9598 58,874,684 58,874,684
L1. Commercial Personal 4,814,180 N/A 4,814,180 4,814,180
L2. Industrial Personal 8,306,930 N/A 8,306,930 8,306,930
M. Other Personal 585,260 N/A 585,260 585,260
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 193,407,925 209,987,343 209,987,343
Less Total Deductions 3,441,969   3,578,185 3,578,185
Total Taxable Value 189,965,956 206,409,158 206,409,158 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

Comptroller Of Public Accounts - Property Tax Division

2017 ISD Summary Worksheet

103-901/Channing ISD

Final Values Worksheet

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
207,072,498 206,409,158 207,072,498 206,409,158


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
663,340 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
207,072,498 206,409,158 207,072,498 206,409,158

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