taxes Property Tax Assistance

2018 ISD Summary Worksheet

093-Grimes

154-901/Madisonville CISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 36,299,960 0.7799 46,544,377 36,299,960
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 3,016,090 N/A 3,016,090 3,016,090
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 3,533,592 0.9346 3,782,140 3,533,592
D2. REAL PROP:FARM & RANCH 3,611,141 N/A 3,611,141 3,611,141
E. REAL PROP NONQUAL ACREAGE 53,751,191 0.9203 58,406,162 53,751,191
F1. COMMERCIAL REAL 3,878,050 N/A 3,878,050 3,878,050
F2. INDUSTRIAL REAL 201,060 N/A 201,060 201,060
G. OIL,GAS,MINERALS 722,437 N/A 722,437 722,437
J. UTILITIES 31,752,597 0.8980 35,359,239 31,752,597
L1. COMMERCIAL PERSONAL 1,994,885 N/A 1,994,885 1,994,885
L2. INDUSTRIAL PERSONAL 63,000 N/A 63,000 63,000
M. MOBILE HOMES 4,735,790 N/A 4,735,790 4,735,790
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 500 N/A 500 500
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 143,560,293 0 162,314,871 143,560,293
Less Total Deductions 22,156,697 0 29,552,354 22,156,697
Total Taxable Value 121,403,596 0 132,762,517 121,403,596

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
125,211,374 121,403,596 125,211,374 121,403,596


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,807,778 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
125,211,374 121,403,596 125,211,374 121,403,596

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

154-Madison

154-901/Madisonville CISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 151,030,969 0.8974 168,298,383 151,030,969
B. MULTIFAMILY RESIDENCES 3,853,720 N/A 3,853,720 3,853,720
C1. VACANT LOTS 10,483,300 N/A 10,483,300 10,483,300
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 12,356,971 0.9136 13,525,708 12,356,971
D2. REAL PROP:FARM & RANCH 17,367,108 N/A 17,367,108 17,367,108
E. REAL PROP NONQUAL ACREAGE 208,842,804 0.9548 218,729,372 208,842,804
F1. COMMERCIAL REAL 99,150,060 1.0544 94,034,579 99,150,060
F2. INDUSTRIAL REAL 22,156,650 N/A 22,156,650 22,156,650
G. OIL,GAS,MINERALS 51,452,593 0.9600 53,596,451 51,452,593
J. UTILITIES 75,356,910 0.9284 81,168,580 75,356,910
L1. COMMERCIAL PERSONAL 25,280,590 N/A 25,280,590 25,280,590
L2. INDUSTRIAL PERSONAL 64,992,600 N/A 64,992,600 64,992,600
M. MOBILE HOMES 11,284,670 N/A 11,284,670 11,284,670
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 8,923,710 N/A 8,923,710 8,923,710
Subtotal 762,532,655 0 793,695,421 762,532,655
Less Total Deductions 92,497,586 0 103,851,815 92,497,586
Total Taxable Value 670,035,069 0 689,843,606 670,035,069

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
687,013,072 670,035,069 687,013,072 670,035,069


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
16,978,003 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
687,013,072 670,035,069 687,013,072 670,035,069

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

154-901-02/Madisonville CISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 187,330,929 0.8719 214,842,760 187,330,929
B. MULTIFAMILY RESIDENCES 3,853,720 N/A 3,853,720 3,853,720
C1. VACANT LOTS 13,499,390 N/A 13,499,390 13,499,390
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 15,890,563 0.9181 17,307,848 15,890,563
D2. REAL PROP:FARM & RANCH 20,978,249 N/A 20,978,249 20,978,249
E. REAL PROP NONQUAL ACREAGE 262,593,995 0.9475 277,135,534 262,593,995
F1. COMMERCIAL REAL 103,028,110 1.0522 97,912,629 103,028,110
F2. INDUSTRIAL REAL 22,357,710 N/A 22,357,710 22,357,710
G. OIL,GAS,MINERALS 52,175,030 0.9605 54,318,888 52,175,030
J. UTILITIES 107,109,507 0.9192 116,527,819 107,109,507
L1. COMMERCIAL PERSONAL 27,275,475 N/A 27,275,475 27,275,475
L2. INDUSTRIAL PERSONAL 65,055,600 N/A 65,055,600 65,055,600
M. MOBILE HOMES 16,020,460 N/A 16,020,460 16,020,460
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 500 N/A 500 500
S. SPECIAL INVENTORY 8,923,710 N/A 8,923,710 8,923,710
Subtotal 906,092,948 956,010,292 906,092,948
Less Total Deductions 114,654,283 133,404,169 114,654,283
Total Taxable Value 791,438,665 822,606,123 791,438,665

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
812,224,446 791,438,665 812,224,446 791,438,665


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
20,785,781 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
812,224,446 791,438,665 812,224,446 791,438,665

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