taxes Property Tax Assistance

2018 ISD Summary Worksheet

095-Hale

095-902/Cotton Center ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	107,793	N/A	107,793	107,793
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	28,916	N/A	28,916	28,916
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	18,707,268	2.0404	9,168,486	18,707,268
D2. REAL PROP:FARM & RANCH	743,542	N/A	743,542	743,542
E. REAL PROP NONQUAL ACREAGE	10,919,754	0.9616	11,355,817	10,919,754
F1. COMMERCIAL REAL	360,620	N/A	360,620	360,620
F2. INDUSTRIAL REAL	763,767	N/A	763,767	763,767
G. OIL,GAS,MINERALS	14,160	N/A	14,160	14,160
J. UTILITIES	4,258,648	1.0709	3,976,700	4,258,648
L1. COMMERCIAL PERSONAL	2,700,190	1.0730	2,516,486	2,700,190
L2. INDUSTRIAL PERSONAL	527,251	N/A	527,251	527,251
M. MOBILE HOMES	14,097	N/A	14,097	14,097
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	39,146,006	0	29,577,635	39,146,006
Less Total Deductions	2,578,001	0	2,578,001	2,578,001
Total Taxable Value	36,568,005	0	26,999,634	36,568,005

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
37,078,541	36,568,005	37,078,541	36,568,005

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
510,536	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
37,078,541	36,568,005	37,078,541	36,568,005

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 LOCAL VALUE IS GREATER THAN PTAD VALUE

095-902-02/Cotton Center ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	107,793	N/A	107,793	107,793
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	28,916	N/A	28,916	28,916
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	18,707,268	2.0404	9,168,486	18,707,268
D2. REAL PROP:FARM & RANCH	743,542	N/A	743,542	743,542
E. REAL PROP NONQUAL ACREAGE	10,919,754	0.9616	11,355,817	10,919,754
F1. COMMERCIAL REAL	360,620	N/A	360,620	360,620
F2. INDUSTRIAL REAL	763,767	N/A	763,767	763,767
G. OIL,GAS,MINERALS	14,160	N/A	14,160	14,160
J. UTILITIES	4,258,648	1.0709	3,976,700	4,258,648
L1. COMMERCIAL PERSONAL	2,700,190	1.0730	2,516,486	2,700,190
L2. INDUSTRIAL PERSONAL	527,251	N/A	527,251	527,251
M. MOBILE HOMES	14,097	N/A	14,097	14,097
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	39,146,006		29,577,635	39,146,006
Less Total Deductions	2,578,001		2,578,001	2,578,001
Total Taxable Value	36,568,005		26,999,634	36,568,005

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
37,078,541	36,568,005	37,078,541	36,568,005

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
510,536	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
37,078,541	36,568,005	37,078,541	36,568,005

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