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2011 ISD Summary Worksheet

035/Castro

035-901/Dimmitt ISD


Category Local Tax Roll Value 2011 WTD Mean Ratio 2011 PTD Value Estimate 2011 Value Assigned
A. Single-Family Residences 64,321,840 .9605 66,967,038 66,967,038
B. Multi-Family Residences 1,433,180 N/A 1,433,180 1,433,180
C. Vacant Lots 938,310 N/A 938,310 938,310
D. Rural Real(Taxable) 85,394,530 .7275 117,380,820 117,380,820
F1. Commercial Real 13,502,760 .9686 13,940,491 13,940,491
F2. Industrial Real 30,688,630 N/A 30,688,630 30,688,630
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 12,045,000 .9703 12,413,686 12,413,686
L1. Commercial Personal 11,348,880 .9906 11,456,572 11,456,572
L2. Industrial Personal 6,305,250 N/A 6,305,250 6,305,250
M. Other Personal 375,730 N/A 375,730 375,730
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 881,030 N/A 881,030 881,030
Subtotal 227,235,140 262,780,737 262,780,737
Less Total Deductions 21,516,650   22,360,893 22,360,893
Total Taxable Value 205,718,490 240,419,844 240,419,844 T2

Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 22,614,270 .9843 22,974,977
Prod Value Qualified Acres 62,780,260 .6650 94,405,843
Taxable Value 85,394,530   117,380,820

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
250,103,174 240,419,844 250,103,174 240,419,844 240,419,844 240,419,844


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,683,330 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
250,103,174 240,419,844 250,103,174 240,419,844 240,419,844 240,419,844

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

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