taxes Property Tax Assistance

2019 ISD Summary Worksheet

038-Childress

096-904/Memphis ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
D1. QUALIFIED AG LAND 2,227,639 N/A 2,227,639 2,227,639
D2. REAL PROP:FARM & RANCH 222,194 N/A 222,194 222,194
E. REAL PROP NONQUAL ACREAGE 2,064,498 N/A 2,064,498 2,064,498
J. UTILITIES 122,920 N/A 122,920 122,920
Subtotal 4,637,251 0 4,637,251 4,637,251
Less Total Deductions 0 0 0 0
Total Taxable Value 4,637,251 0 4,637,251 4,637,251

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
4,637,251 4,637,251 4,637,251 4,637,251


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 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
4,637,251 4,637,251 4,637,251 4,637,251

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

044-Collingsworth

096-904/Memphis ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,580 N/A 1,580 1,580
D1. QUALIFIED AG LAND 471,150 N/A 471,150 471,150
D2. REAL PROP:FARM & RANCH 78,780 N/A 78,780 78,780
E. REAL PROP NONQUAL ACREAGE 154,020 N/A 154,020 154,020
J. UTILITIES 3,478,600 N/A 3,478,600 3,478,600
M. MOBILE HOMES 352,750 N/A 352,750 352,750
Subtotal 4,536,880 0 4,536,880 4,536,880
Less Total Deductions 10,940 0 10,940 10,940
Total Taxable Value 4,525,940 0 4,525,940 4,525,940

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
4,525,940 4,525,940 4,525,940 4,525,940


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 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
4,525,940 4,525,940 4,525,940 4,525,940

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

065-Donley

096-904/Memphis ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
D1. QUALIFIED AG LAND 95,626 N/A 95,626 95,626
Subtotal 95,626 0 95,626 95,626
Less Total Deductions 0 0 0 0
Total Taxable Value 95,626 0 95,626 95,626

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
95,626 95,626 95,626 95,626


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 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
95,626 95,626 95,626 95,626

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

096-Hall

096-904/Memphis ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 36,556,970 0.9424 38,791,352 38,791,352
B. MULTIFAMILY RESIDENCES 108,810 N/A 108,810 108,810
C1. VACANT LOTS 1,498,260 N/A 1,498,260 1,498,260
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 43,887,242 0.9206 47,671,026 47,671,026
D2. REAL PROP:FARM & RANCH 2,989,390 N/A 2,989,390 2,989,390
E. REAL PROP NONQUAL ACREAGE 7,343,100 N/A 7,343,100 7,343,100
F1. COMMERCIAL REAL 16,763,000 0.9618 17,428,779 17,428,779
F2. INDUSTRIAL REAL 3,679,180 N/A 3,679,180 3,679,180
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 54,372,110 0.9899 54,926,871 54,926,871
L1. COMMERCIAL PERSONAL 5,245,380 N/A 5,245,380 5,245,380
L2. INDUSTRIAL PERSONAL 7,014,100 N/A 7,014,100 7,014,100
M. MOBILE HOMES 405,690 N/A 405,690 405,690
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 179,863,232 0 187,101,938 187,101,938
Less Total Deductions 18,543,207 0 19,146,218 19,146,218
Total Taxable Value 161,320,025 0 167,955,720 167,955,720

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
172,130,540 167,955,720 172,130,540 167,955,720


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,174,820 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
172,130,540 167,955,720 172,130,540 167,955,720

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

096-904-02/Memphis ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 36,558,550 0.9424 38,792,932 38,792,932
B. MULTIFAMILY RESIDENCES 108,810 N/A 108,810 108,810
C1. VACANT LOTS 1,498,260 N/A 1,498,260 1,498,260
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 46,681,657 0.9250 50,465,441 50,465,441
D2. REAL PROP:FARM & RANCH 3,290,364 N/A 3,290,364 3,290,364
E. REAL PROP NONQUAL ACREAGE 9,561,618 N/A 9,561,618 9,561,618
F1. COMMERCIAL REAL 16,763,000 0.9618 17,428,779 17,428,779
F2. INDUSTRIAL REAL 3,679,180 N/A 3,679,180 3,679,180
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 57,973,630 0.9905 58,528,391 58,528,391
L1. COMMERCIAL PERSONAL 5,245,380 N/A 5,245,380 5,245,380
L2. INDUSTRIAL PERSONAL 7,014,100 N/A 7,014,100 7,014,100
M. MOBILE HOMES 758,440 N/A 758,440 758,440
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 189,132,989 196,371,695 196,371,695
Less Total Deductions 18,554,147 19,157,158 19,157,158
Total Taxable Value 170,578,842 177,214,537 177,214,537

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
181,389,357 177,214,537 181,389,357 177,214,537


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
4,174,820 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
181,389,357 177,214,537 181,389,357 177,214,537

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