taxes Property Tax Assistance

2018 ISD Summary Worksheet

231-Upton

231-902/Rankin ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 22,407,851 N/A 22,407,851 22,407,851
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 545,069 N/A 545,069 545,069
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 2,241,386 0.4153 5,397,340 2,241,386
D2. REAL PROP:FARM & RANCH 1,852,420 N/A 1,852,420 1,852,420
E. REAL PROP NONQUAL ACREAGE 12,287,694 N/A 12,287,694 12,287,694
F1. COMMERCIAL REAL 4,319,703 N/A 4,319,703 4,319,703
F2. INDUSTRIAL REAL 769,940 N/A 769,940 769,940
G. OIL,GAS,MINERALS 2,932,855,618 1.0046 2,919,426,257 2,932,855,618
J. UTILITIES 336,558,170 0.9460 355,769,736 336,558,170
L1. COMMERCIAL PERSONAL 62,211,150 N/A 62,211,150 62,211,150
L2. INDUSTRIAL PERSONAL 361,184,770 N/A 361,184,770 361,184,770
M. MOBILE HOMES 466,680 N/A 466,680 466,680
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 3,737,700,451 0 3,746,638,610 3,737,700,451
Less Total Deductions 191,161,252 0 191,161,252 191,161,252
Total Taxable Value 3,546,539,199 0 3,555,477,358 3,546,539,199

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
3,548,594,750 3,546,539,199 3,548,594,750 3,546,539,199


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,055,551 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
3,707,681,080 3,705,625,529 3,707,681,080 3,705,625,529

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

231-902-02/Rankin ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 22,407,851 N/A 22,407,851 22,407,851
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 545,069 N/A 545,069 545,069
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 2,241,386 0.4153 5,397,340 2,241,386
D2. REAL PROP:FARM & RANCH 1,852,420 N/A 1,852,420 1,852,420
E. REAL PROP NONQUAL ACREAGE 12,287,694 N/A 12,287,694 12,287,694
F1. COMMERCIAL REAL 4,319,703 N/A 4,319,703 4,319,703
F2. INDUSTRIAL REAL 769,940 N/A 769,940 769,940
G. OIL,GAS,MINERALS 2,932,855,618 1.0046 2,919,426,257 2,932,855,618
J. UTILITIES 336,558,170 0.9460 355,769,736 336,558,170
L1. COMMERCIAL PERSONAL 62,211,150 N/A 62,211,150 62,211,150
L2. INDUSTRIAL PERSONAL 361,184,770 N/A 361,184,770 361,184,770
M. MOBILE HOMES 466,680 N/A 466,680 466,680
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 3,737,700,451 3,746,638,610 3,737,700,451
Less Total Deductions 191,161,252 191,161,252 191,161,252
Total Taxable Value 3,546,539,199 3,555,477,358 3,546,539,199

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
3,548,594,750 3,546,539,199 3,548,594,750 3,546,539,199


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,055,551 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
3,707,681,080 3,705,625,529 3,707,681,080 3,705,625,529

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