taxes Property Tax Assistance

2017 ISD Summary Worksheet

066/Duval

066-903/Freer ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 54,879,351 .8018 68,445,187 68,445,187
B. Multi-Family Residences 945,290 N/A 945,290 945,290
C1. Vacant Lots 1,697,622 N/A 1,697,622 1,697,622
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 18,223,284 .7826 23,286,526 23,286,526
D2. Real Prop Farm & Ranch 30,690 N/A 30,690 30,690
E. Real Prop NonQual Acres 27,739,945 1.0010 27,712,233 27,712,233
F1. Commercial Real 19,813,143 .9861 20,092,428 20,092,428
F2. Industrial Real 5,128,950 N/A 5,128,950 5,128,950
G. Oil, Gas, Minerals 38,021,830 1.0088 37,690,157 37,690,157
J. Utilities 79,230,470 .9401 84,278,768 84,278,768
L1. Commercial Personal 6,345,540 N/A 6,345,540 6,345,540
L2. Industrial Personal 30,502,170 N/A 30,502,170 30,502,170
M. Other Personal 2,392,090 N/A 2,392,090 2,392,090
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 284,950,375 308,547,651 308,547,651
Less Total Deductions 32,480,275   37,594,103 37,594,103
Total Taxable Value 252,470,100 270,953,548 270,953,548 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
276,916,939 270,953,548 273,332,417 267,369,026


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,963,391 3,584,522


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
276,916,939 270,953,548 273,332,417 267,369,026

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)