taxes Property Tax Assistance

2019 ISD Summary Worksheet

183-Panola

183-902/Carthage ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 502,755,990 0.9029 556,823,557 502,755,990
B. MULTIFAMILY RESIDENCES 5,305,850 N/A 5,305,850 5,305,850
C1. VACANT LOTS 29,523,610 N/A 29,523,610 29,523,610
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 43,258,480 0.9142 47,316,618 43,258,480
D2. REAL PROP:FARM & RANCH 15,927,170 N/A 15,927,170 15,927,170
E. REAL PROP NONQUAL ACREAGE 132,811,920 0.8692 152,797,883 132,811,920
F1. COMMERCIAL REAL 111,225,480 N/A 111,225,480 111,225,480
F2. INDUSTRIAL REAL 20,156,500 N/A 20,156,500 20,156,500
G. OIL,GAS,MINERALS 1,339,384,760 0.9991 1,340,591,292 1,339,384,760
J. UTILITIES 695,377,350 0.7806 890,824,174 695,377,350
L1. COMMERCIAL PERSONAL 48,434,939 N/A 48,434,939 48,434,939
L2. INDUSTRIAL PERSONAL 346,614,330 N/A 346,614,330 346,614,330
M. MOBILE HOMES 24,077,750 N/A 24,077,750 24,077,750
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 250,520 N/A 250,520 250,520
S. SPECIAL INVENTORY 5,157,025 N/A 5,157,025 5,157,025
Subtotal 3,320,261,674 0 3,595,026,698 3,320,261,674
Less Total Deductions 254,178,263 0 277,362,647 254,178,263
Total Taxable Value 3,066,083,411 0 3,317,664,051 3,066,083,411

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
3,105,330,631 3,066,083,411 3,055,824,726 3,016,577,506


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
39,247,220 49,505,905


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
3,105,330,631 3,066,083,411 3,055,824,726 3,016,577,506

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 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 502,755,990 0.9029 556,823,557 502,755,990
B. MULTIFAMILY RESIDENCES 5,305,850 N/A 5,305,850 5,305,850
C1. VACANT LOTS 29,523,610 N/A 29,523,610 29,523,610
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 43,258,480 0.9142 47,316,618 43,258,480
D2. REAL PROP:FARM & RANCH 15,927,170 N/A 15,927,170 15,927,170
E. REAL PROP NONQUAL ACREAGE 132,811,920 0.8692 152,797,883 132,811,920
F1. COMMERCIAL REAL 111,225,480 N/A 111,225,480 111,225,480
F2. INDUSTRIAL REAL 20,156,500 N/A 20,156,500 20,156,500
G. OIL,GAS,MINERALS 1,339,384,760 0.9991 1,340,591,292 1,339,384,760
J. UTILITIES 695,377,350 0.7806 890,824,174 695,377,350
L1. COMMERCIAL PERSONAL 48,434,939 N/A 48,434,939 48,434,939
L2. INDUSTRIAL PERSONAL 346,614,330 N/A 346,614,330 346,614,330
M. MOBILE HOMES 24,077,750 N/A 24,077,750 24,077,750
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 250,520 N/A 250,520 250,520
S. SPECIAL INVENTORY 5,157,025 N/A 5,157,025 5,157,025
Subtotal 3,320,261,674 3,595,026,698 3,320,261,674
Less Total Deductions 254,178,263 277,362,647 254,178,263
Total Taxable Value 3,066,083,411 3,317,664,051 3,066,083,411

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
3,105,330,631 3,066,083,411 3,055,824,726 3,016,577,506


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
39,247,220 49,505,905


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
3,105,330,631 3,066,083,411 3,055,824,726 3,016,577,506

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