taxes Property Tax Assistance

2019 ISD Summary Worksheet

034-Cass

034-907/Queen City ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 62,130,900 0.8891 69,880,666 62,130,900
B. MULTIFAMILY RESIDENCES 5,326,050 N/A 5,326,050 5,326,050
C1. VACANT LOTS 2,743,240 N/A 2,743,240 2,743,240
D1. QUALIFIED AG LAND 6,639,719 1.0682 6,215,936 6,639,719
D2. REAL PROP:FARM & RANCH 1,752,820 N/A 1,752,820 1,752,820
E. REAL PROP NONQUAL ACREAGE 106,959,151 0.9302 114,985,112 106,959,151
F1. COMMERCIAL REAL 18,309,300 0.9272 19,746,872 18,309,300
F2. INDUSTRIAL REAL 262,706,050 N/A 262,706,050 262,706,050
J. UTILITIES 19,804,370 0.9669 20,482,335 19,804,370
L1. COMMERCIAL PERSONAL 5,516,426 N/A 5,516,426 5,516,426
L2. INDUSTRIAL PERSONAL 92,535,490 N/A 92,535,490 92,535,490
M. MOBILE HOMES 7,917,510 N/A 7,917,510 7,917,510
O. RESIDENTIAL INVENTORY 46,470 N/A 46,470 46,470
S. SPECIAL INVENTORY 451,000 N/A 451,000 451,000
Subtotal 592,838,496 0 610,305,977 592,838,496
Less Total Deductions 79,785,395 0 86,910,549 79,785,395
Total Taxable Value 513,053,101 0 523,395,428 513,053,101

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
525,105,525 513,053,101 513,646,445 501,594,021


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,052,424 11,459,080


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
525,105,525 513,053,101 513,646,445 501,594,021

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

034-907-02/Queen City ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 62,130,900 0.8891 69,880,666 62,130,900
B. MULTIFAMILY RESIDENCES 5,326,050 N/A 5,326,050 5,326,050
C1. VACANT LOTS 2,743,240 N/A 2,743,240 2,743,240
D1. QUALIFIED AG LAND 6,639,719 1.0682 6,215,936 6,639,719
D2. REAL PROP:FARM & RANCH 1,752,820 N/A 1,752,820 1,752,820
E. REAL PROP NONQUAL ACREAGE 106,959,151 0.9302 114,985,112 106,959,151
F1. COMMERCIAL REAL 18,309,300 0.9272 19,746,872 18,309,300
F2. INDUSTRIAL REAL 262,706,050 N/A 262,706,050 262,706,050
J. UTILITIES 19,804,370 0.9669 20,482,335 19,804,370
L1. COMMERCIAL PERSONAL 5,516,426 N/A 5,516,426 5,516,426
L2. INDUSTRIAL PERSONAL 92,535,490 N/A 92,535,490 92,535,490
M. MOBILE HOMES 7,917,510 N/A 7,917,510 7,917,510
O. RESIDENTIAL INVENTORY 46,470 N/A 46,470 46,470
S. SPECIAL INVENTORY 451,000 N/A 451,000 451,000
Subtotal 592,838,496 610,305,977 592,838,496
Less Total Deductions 79,785,395 86,910,549 79,785,395
Total Taxable Value 513,053,101 523,395,428 513,053,101

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
525,105,525 513,053,101 513,646,445 501,594,021


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
12,052,424 11,459,080


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
525,105,525 513,053,101 513,646,445 501,594,021

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