taxes Property Tax Assistance

2018 ISD Summary Worksheet

176-Newton

176-902/Newton ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 118,389,330 0.8708 135,954,674 118,389,330
B. MULTIFAMILY RESIDENCES 980,691 N/A 980,691 980,691
C1. VACANT LOTS 9,004,190 N/A 9,004,190 9,004,190
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 56,125,076 1.0222 54,907,780 56,125,076
D2. REAL PROP:FARM & RANCH 473,861 N/A 473,861 473,861
E. REAL PROP NONQUAL ACREAGE 67,868,493 1.0474 64,797,110 67,868,493
F1. COMMERCIAL REAL 13,280,528 N/A 13,280,528 13,280,528
F2. INDUSTRIAL REAL 3,044,321 N/A 3,044,321 3,044,321
G. OIL,GAS,MINERALS 26,326,093 1.0066 26,153,480 26,326,093
J. UTILITIES 20,220,321 N/A 20,220,321 20,220,321
L1. COMMERCIAL PERSONAL 5,127,509 N/A 5,127,509 5,127,509
L2. INDUSTRIAL PERSONAL 5,584,780 N/A 5,584,780 5,584,780
M. MOBILE HOMES 15,120,843 N/A 15,120,843 15,120,843
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 3,000 N/A 3,000 3,000
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 341,549,036 0 354,653,088 341,549,036
Less Total Deductions 79,083,544 0 88,786,443 79,083,544
Total Taxable Value 262,465,492 0 265,866,645 262,465,492

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
275,283,275 262,465,492 263,589,670 250,771,887


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,817,783 11,693,605


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
275,283,275 262,465,492 263,589,670 250,771,887

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

176-902-02/Newton ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 118,389,330 0.8708 135,954,674 118,389,330
B. MULTIFAMILY RESIDENCES 980,691 N/A 980,691 980,691
C1. VACANT LOTS 9,004,190 N/A 9,004,190 9,004,190
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 56,125,076 1.0222 54,907,780 56,125,076
D2. REAL PROP:FARM & RANCH 473,861 N/A 473,861 473,861
E. REAL PROP NONQUAL ACREAGE 67,868,493 1.0474 64,797,110 67,868,493
F1. COMMERCIAL REAL 13,280,528 N/A 13,280,528 13,280,528
F2. INDUSTRIAL REAL 3,044,321 N/A 3,044,321 3,044,321
G. OIL,GAS,MINERALS 26,326,093 1.0066 26,153,480 26,326,093
J. UTILITIES 20,220,321 N/A 20,220,321 20,220,321
L1. COMMERCIAL PERSONAL 5,127,509 N/A 5,127,509 5,127,509
L2. INDUSTRIAL PERSONAL 5,584,780 N/A 5,584,780 5,584,780
M. MOBILE HOMES 15,120,843 N/A 15,120,843 15,120,843
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 3,000 N/A 3,000 3,000
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 341,549,036 354,653,088 341,549,036
Less Total Deductions 79,083,544 88,786,443 79,083,544
Total Taxable Value 262,465,492 265,866,645 262,465,492

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
275,283,275 262,465,492 263,589,670 250,771,887


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
12,817,783 11,693,605


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
275,283,275 262,465,492 263,589,670 250,771,887

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