taxes Property Tax Assistance

2019 ISD Summary Worksheet

023-Briscoe

096-905/Turkey-Quitaque ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 5,725,260 0.8833 6,481,671 5,725,260
B. MULTIFAMILY RESIDENCES 203,440 N/A 203,440 203,440
C1. VACANT LOTS 175,230 N/A 175,230 175,230
D1. QUALIFIED AG LAND 4,769,030 0.9396 5,075,866 4,769,030
D2. REAL PROP:FARM & RANCH 603,110 N/A 603,110 603,110
E. REAL PROP NONQUAL ACREAGE 3,440,270 0.9947 3,458,601 3,440,270
F1. COMMERCIAL REAL 1,527,140 N/A 1,527,140 1,527,140
F2. INDUSTRIAL REAL 39,230 N/A 39,230 39,230
J. UTILITIES 13,536,650 1.0413 12,999,760 13,536,650
L1. COMMERCIAL PERSONAL 978,220 N/A 978,220 978,220
L2. INDUSTRIAL PERSONAL 48,240 N/A 48,240 48,240
M. MOBILE HOMES 201,900 N/A 201,900 201,900
Subtotal 31,247,720 0 31,792,408 31,247,720
Less Total Deductions 4,266,969 0 4,765,076 4,266,969
Total Taxable Value 26,980,751 0 27,027,332 26,980,751

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
28,071,827 26,980,751 28,071,827 26,980,751


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,091,076 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
28,071,827 26,980,751 28,071,827 26,980,751

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

096-905-02/Turkey-Quitaque ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 5,725,260 0.8833 6,481,671 5,725,260
B. MULTIFAMILY RESIDENCES 203,440 N/A 203,440 203,440
C1. VACANT LOTS 175,230 N/A 175,230 175,230
D1. QUALIFIED AG LAND 4,769,030 0.9396 5,075,866 4,769,030
D2. REAL PROP:FARM & RANCH 603,110 N/A 603,110 603,110
E. REAL PROP NONQUAL ACREAGE 3,440,270 0.9947 3,458,601 3,440,270
F1. COMMERCIAL REAL 1,527,140 N/A 1,527,140 1,527,140
F2. INDUSTRIAL REAL 39,230 N/A 39,230 39,230
J. UTILITIES 13,536,650 1.0413 12,999,760 13,536,650
L1. COMMERCIAL PERSONAL 978,220 N/A 978,220 978,220
L2. INDUSTRIAL PERSONAL 48,240 N/A 48,240 48,240
M. MOBILE HOMES 201,900 N/A 201,900 201,900
Subtotal 31,247,720 31,792,408 31,247,720
Less Total Deductions 4,266,969 4,765,076 4,266,969
Total Taxable Value 26,980,751 27,027,332 26,980,751

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
28,071,827 26,980,751 28,071,827 26,980,751


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,091,076 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
28,071,827 26,980,751 28,071,827 26,980,751

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