taxes Property Tax Assistance

2017 ISD Summary Worksheet

249/Wise

249-905/Decatur ISD


Category Local Tax Roll Value 2017 WTD Mean Ratio 2017 PTAD Value Estimate 2017 Value Assigned
A. Single-Family Residences 717,880,393 .9225 778,190,128 717,880,393
B. Multi-Family Residences 19,300,290 N/A 19,300,290 19,300,290
C1. Vacant Lots 16,249,000 N/A 16,249,000 16,249,000
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 6,641,175 .9477 7,007,620 6,641,175
D2. Real Prop Farm & Ranch 5,664,420 N/A 5,664,420 5,664,420
E. Real Prop NonQual Acres 289,195,358 .9484 304,929,732 289,195,358
F1. Commercial Real 303,332,144 .9832 308,515,199 303,332,144
F2. Industrial Real 69,959,150 N/A 69,959,150 69,959,150
G. Oil, Gas, Minerals 260,219,330 1.0070 258,410,457 260,219,330
J. Utilities 228,104,190 .6784 336,238,488 228,104,190
L1. Commercial Personal 134,771,450 1.0074 133,781,467 134,771,450
L2. Industrial Personal 38,333,430 N/A 38,333,430 38,333,430
M. Other Personal 6,905,040 N/A 6,905,040 6,905,040
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 4,643,640 N/A 4,643,640 4,643,640
S. Special Inventory 19,109,760 N/A 19,109,760 19,109,760
Subtotal 2,120,308,770 2,307,237,821 2,120,308,770
Less Total Deductions 201,835,544   220,145,328 201,835,544
Total Taxable Value 1,918,473,226 2,087,092,493 1,918,473,226 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
1,951,299,121 1,918,473,226 1,951,299,121 1,918,473,226


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
32,825,895 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
1,951,299,121 1,918,473,226 1,951,299,121 1,918,473,226

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