taxes Property Tax Assistance

2018 ISD Summary Worksheet

183-Panola

183-902/Carthage ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	462,325,520	0.9110	507,492,338	462,325,520
B. MULTIFAMILY RESIDENCES	5,100,870	N/A	5,100,870	5,100,870
C1. VACANT LOTS	20,612,480	N/A	20,612,480	20,612,480
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	38,611,560	0.8923	43,271,514	38,611,560
D2. REAL PROP:FARM & RANCH	15,629,130	N/A	15,629,130	15,629,130
E. REAL PROP NONQUAL ACREAGE	124,494,300	0.9371	132,850,603	124,494,300
F1. COMMERCIAL REAL	107,984,510	N/A	107,984,510	107,984,510
F2. INDUSTRIAL REAL	18,339,400	N/A	18,339,400	18,339,400
G. OIL,GAS,MINERALS	905,931,010	0.9961	909,477,974	905,931,010
J. UTILITIES	643,960,160	0.9539	675,081,413	643,960,160
L1. COMMERCIAL PERSONAL	51,759,850	N/A	51,759,850	51,759,850
L2. INDUSTRIAL PERSONAL	349,586,230	N/A	349,586,230	349,586,230
M. MOBILE HOMES	24,260,570	N/A	24,260,570	24,260,570
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	941,040	N/A	941,040	941,040
S. SPECIAL INVENTORY	3,358,830	N/A	3,358,830	3,358,830
Subtotal	2,772,895,460	0	2,865,746,752	2,772,895,460
Less Total Deductions	247,583,835	0	266,837,020	247,583,835
Total Taxable Value	2,525,311,625	0	2,598,909,732	2,525,311,625

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
2,564,312,355	2,525,311,625	2,518,388,070	2,479,387,340

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
39,000,730	45,924,285

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
2,564,312,355	2,525,311,625	2,518,388,070	2,479,387,340

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

183-902-02/Carthage ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	462,325,520	0.9110	507,492,338	462,325,520
B. MULTIFAMILY RESIDENCES	5,100,870	N/A	5,100,870	5,100,870
C1. VACANT LOTS	20,612,480	N/A	20,612,480	20,612,480
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	38,611,560	0.8923	43,271,514	38,611,560
D2. REAL PROP:FARM & RANCH	15,629,130	N/A	15,629,130	15,629,130
E. REAL PROP NONQUAL ACREAGE	124,494,300	0.9371	132,850,603	124,494,300
F1. COMMERCIAL REAL	107,984,510	N/A	107,984,510	107,984,510
F2. INDUSTRIAL REAL	18,339,400	N/A	18,339,400	18,339,400
G. OIL,GAS,MINERALS	905,931,010	0.9961	909,477,974	905,931,010
J. UTILITIES	643,960,160	0.9539	675,081,413	643,960,160
L1. COMMERCIAL PERSONAL	51,759,850	N/A	51,759,850	51,759,850
L2. INDUSTRIAL PERSONAL	349,586,230	N/A	349,586,230	349,586,230
M. MOBILE HOMES	24,260,570	N/A	24,260,570	24,260,570
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	941,040	N/A	941,040	941,040
S. SPECIAL INVENTORY	3,358,830	N/A	3,358,830	3,358,830
Subtotal	2,772,895,460		2,865,746,752	2,772,895,460
Less Total Deductions	247,583,835		266,837,020	247,583,835
Total Taxable Value	2,525,311,625		2,598,909,732	2,525,311,625

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
2,564,312,355	2,525,311,625	2,518,388,070	2,479,387,340

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
39,000,730	45,924,285

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
2,564,312,355	2,525,311,625	2,518,388,070	2,479,387,340

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