taxes Property Tax Assistance

2018 ISD Summary Worksheet

034-Cass

034-906/McLeod ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 8,143,777 N/A 8,143,777 8,143,777
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 16,930 N/A 16,930 16,930
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 3,699,087 N/A 3,699,087 3,699,087
D2. REAL PROP:FARM & RANCH 576,030 N/A 576,030 576,030
E. REAL PROP NONQUAL ACREAGE 18,698,000 N/A 18,698,000 18,698,000
F1. COMMERCIAL REAL 354,200 N/A 354,200 354,200
F2. INDUSTRIAL REAL 24,000 N/A 24,000 24,000
G. OIL,GAS,MINERALS 9,294,767 N/A 9,294,767 9,294,767
J. UTILITIES 2,180,430 N/A 2,180,430 2,180,430
L1. COMMERCIAL PERSONAL 153,030 N/A 153,030 153,030
L2. INDUSTRIAL PERSONAL 20,910 N/A 20,910 20,910
M. MOBILE HOMES 1,742,290 N/A 1,742,290 1,742,290
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 44,903,451 0 44,903,451 44,903,451
Less Total Deductions 8,773,252 0 8,773,252 8,773,252
Total Taxable Value 36,130,199 0 36,130,199 36,130,199

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
38,060,400 36,130,199 38,060,400 36,130,199


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,930,201 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
38,060,400 36,130,199 38,060,400 36,130,199

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

034-906-02/McLeod ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 8,143,777 N/A 8,143,777 8,143,777
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 16,930 N/A 16,930 16,930
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 3,699,087 N/A 3,699,087 3,699,087
D2. REAL PROP:FARM & RANCH 576,030 N/A 576,030 576,030
E. REAL PROP NONQUAL ACREAGE 18,698,000 N/A 18,698,000 18,698,000
F1. COMMERCIAL REAL 354,200 N/A 354,200 354,200
F2. INDUSTRIAL REAL 24,000 N/A 24,000 24,000
G. OIL,GAS,MINERALS 9,294,767 N/A 9,294,767 9,294,767
J. UTILITIES 2,180,430 N/A 2,180,430 2,180,430
L1. COMMERCIAL PERSONAL 153,030 N/A 153,030 153,030
L2. INDUSTRIAL PERSONAL 20,910 N/A 20,910 20,910
M. MOBILE HOMES 1,742,290 N/A 1,742,290 1,742,290
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 44,903,451 44,903,451 44,903,451
Less Total Deductions 8,773,252 8,773,252 8,773,252
Total Taxable Value 36,130,199 36,130,199 36,130,199

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
38,060,400 36,130,199 38,060,400 36,130,199


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,930,201 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
38,060,400 36,130,199 38,060,400 36,130,199

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