taxes Property Tax Assistance

2018 ISD Summary Worksheet

250-Wood

250-904/Quitman ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	149,327,880	N/A	149,327,880	149,327,880
B. MULTIFAMILY RESIDENCES	4,799,250	N/A	4,799,250	4,799,250
C1. VACANT LOTS	10,780,010	N/A	10,780,010	10,780,010
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	11,016,922	N/A	11,016,922	11,016,922
D2. REAL PROP:FARM & RANCH	6,164,770	N/A	6,164,770	6,164,770
E. REAL PROP NONQUAL ACREAGE	244,860,731	N/A	244,860,731	244,860,731
F1. COMMERCIAL REAL	45,629,305	N/A	45,629,305	45,629,305
F2. INDUSTRIAL REAL	47,130	N/A	47,130	47,130
G. OIL,GAS,MINERALS	24,808,110	N/A	24,808,110	24,808,110
J. UTILITIES	18,976,130	N/A	18,976,130	18,976,130
L1. COMMERCIAL PERSONAL	28,374,552	N/A	28,374,552	28,374,552
L2. INDUSTRIAL PERSONAL	8,516,610	N/A	8,516,610	8,516,610
M. MOBILE HOMES	3,091,490	N/A	3,091,490	3,091,490
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	1,286,510	N/A	1,286,510	1,286,510
S. SPECIAL INVENTORY	597,700	N/A	597,700	597,700
Subtotal	558,277,100	0	558,277,100	558,277,100
Less Total Deductions	120,546,364	0	120,546,364	120,546,364
Total Taxable Value	437,730,736	0	437,730,736	437,730,736

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
458,765,445	437,730,736	458,765,445	437,730,736

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
21,034,709	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
458,765,445	437,730,736	458,765,445	437,730,736

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

250-904-02/Quitman ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	149,327,880	N/A	149,327,880	149,327,880
B. MULTIFAMILY RESIDENCES	4,799,250	N/A	4,799,250	4,799,250
C1. VACANT LOTS	10,780,010	N/A	10,780,010	10,780,010
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	11,016,922	N/A	11,016,922	11,016,922
D2. REAL PROP:FARM & RANCH	6,164,770	N/A	6,164,770	6,164,770
E. REAL PROP NONQUAL ACREAGE	244,860,731	N/A	244,860,731	244,860,731
F1. COMMERCIAL REAL	45,629,305	N/A	45,629,305	45,629,305
F2. INDUSTRIAL REAL	47,130	N/A	47,130	47,130
G. OIL,GAS,MINERALS	24,808,110	N/A	24,808,110	24,808,110
J. UTILITIES	18,976,130	N/A	18,976,130	18,976,130
L1. COMMERCIAL PERSONAL	28,374,552	N/A	28,374,552	28,374,552
L2. INDUSTRIAL PERSONAL	8,516,610	N/A	8,516,610	8,516,610
M. MOBILE HOMES	3,091,490	N/A	3,091,490	3,091,490
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	1,286,510	N/A	1,286,510	1,286,510
S. SPECIAL INVENTORY	597,700	N/A	597,700	597,700
Subtotal	558,277,100		558,277,100	558,277,100
Less Total Deductions	120,546,364		120,546,364	120,546,364
Total Taxable Value	437,730,736		437,730,736	437,730,736

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
458,765,445	437,730,736	458,765,445	437,730,736

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
21,034,709	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
458,765,445	437,730,736	458,765,445	437,730,736

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