Quick Start for:

2011 ISD Summary Worksheet

035/Castro

035-903/Nazareth ISD


Category Local Tax Roll Value 2011 WTD Mean Ratio 2011 PTD Value Estimate 2011 Value Assigned
A. Single-Family Residences 13,852,610 .9572 14,472,012 14,472,012
B. Multi-Family Residences 53,880 N/A 53,880 53,880
C. Vacant Lots 102,720 N/A 102,720 102,720
D. Rural Real(Taxable) 17,432,100 .6186 28,179,632 28,179,632
F1. Commercial Real 1,056,440 N/A 1,056,440 1,056,440
F2. Industrial Real 183,710 N/A 183,710 183,710
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 1,805,530 1.0140 1,780,602 1,780,602
L1. Commercial Personal 616,320 N/A 616,320 616,320
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 210,230 N/A 210,230 210,230
N. Intangible Pers/Uncert 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 6,820 N/A 6,820 6,820
Subtotal 35,320,360 46,662,366 46,662,366
Less Total Deductions 4,409,020   4,578,938 4,578,938
Total Taxable Value 30,911,340 42,083,428 42,083,428 T2

Category D Detail Local Tax Roll Ratio PTD Value
Market Value Non-Qualified Acres And Farm/Ranch Imp 5,433,520 .9775 5,558,588
Prod Value Qualified Acres 11,998,580 .5304 22,621,044
Taxable Value 17,432,100   28,179,632

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
43,949,068 42,083,428 43,949,068 42,083,428 42,083,428 42,083,428


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,865,640 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
43,949,068 42,083,428 43,949,068 42,083,428 42,083,428 42,083,428

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

Required Plug-ins