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2011 ISD Summary Worksheet

252/Young

252-902/Newcastle ISD


Category Local Tax Roll Value 2011 WTD Mean Ratio 2011 PTAD Value Estimate 2011 Value Assigned
A. Single-Family Residences 7,231,390 .7050 10,257,291 7,231,390
B. Multi-Family Residences 500 N/A 500 500
C. Vacant Lots 325,530 N/A 325,530 325,530
D. Rural Real(Taxable) 20,700,230 .8993 23,018,062 20,700,230
F1. Commercial Real 884,150 N/A 884,150 884,150
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 23,624,350 1.0061 23,481,115 23,624,350
J. Utilities 4,983,590 1.1116 4,483,258 4,983,590
L1. Commercial Personal 432,320 N/A 432,320 432,320
L2. Industrial Personal 155,160 N/A 155,160 155,160
M. Other Personal 212,820 N/A 212,820 212,820
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 58,550,040 63,250,206 58,550,040
Less Total Deductions 5,144,510   5,300,416 5,144,510
Total Taxable Value 53,405,530 57,949,790 53,405,530 T2*

* This district is in year 1 of the grace period.

Category D Detail Local Tax Roll Ratio PTAD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 9,330,140 .8168 11,422,796
Prod Value Qualified Acres 11,370,090 .9806 11,595,266
Taxable Value 20,700,230   23,018,062

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
55,840,380 53,405,530 55,840,380 53,405,530 53,405,530 53,405,530


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,434,850 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
55,840,380 53,405,530 55,840,380 53,405,530 53,405,530 53,405,530

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 local value invalid, but local value was certified because your school district is in year one of the grace period.

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