Labor Day

Quick Start for:

2011 ISD Summary Worksheet

187/Polk

187-907/Livingston ISD


Category Local Tax Roll Value 2011 WTD Mean Ratio 2011 PTAD Value Estimate 2011 Value Assigned
A. Single-Family Residences 755,365,310 .8867 851,883,737 851,883,737
B. Multi-Family Residences 11,314,030 N/A 11,314,030 11,314,030
C. Vacant Lots 78,248,766 1.0671 73,328,428 73,328,428
D. Rural Real(Taxable) 141,537,988 1.0093 140,227,361 140,227,361
F1. Commercial Real 218,824,242 1.0198 214,575,644 214,575,644
F2. Industrial Real 383,770 N/A 383,770 383,770
G. Oil, Gas, Minerals 34,634,702 N/A 34,634,702 34,634,702
J. Utilities 65,513,729 N/A 65,513,729 65,513,729
L1. Commercial Personal 68,679,584 N/A 68,679,584 68,679,584
L2. Industrial Personal 42,466,328 N/A 42,466,328 42,466,328
M. Other Personal 29,919,301 N/A 29,919,301 29,919,301
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 856,866 N/A 856,866 856,866
S. Special Inventory 4,367,824 N/A 4,367,824 4,367,824
Subtotal 1,452,112,440 1,538,151,304 1,538,151,304
Less Total Deductions 216,345,003   248,581,843 248,581,843
Total Taxable Value 1,235,767,437 1,289,569,461 1,289,569,461 T2

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 113,113,538 .9866 114,649,846
Prod Value Qualified Acres 28,424,450 1.1113 25,577,515
Taxable Value 141,537,988   140,227,361

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 T6 will be the same as T7 through T12.

Value Taxable For M&O Purposes

T1 T2 T3 T4 T5 T6
1,344,765,614 1,289,569,461 1,344,765,614 1,289,569,461 1,300,958,565 1,300,958,565


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
55,196,153 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

T5 = T2 before the loss to the tax ceiling reduction

T6 = T5 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10 T11 T12
1,344,765,614 1,289,569,461 1,344,765,614 1,289,569,461 1,300,958,565 1,300,958,565

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

T11 = T8 before the loss to the tax ceiling reduction

T12 = T11 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:

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)

Required Plug-ins