taxes Property Tax Assistance

2019 ISD Summary Worksheet

051-Cottle

051-901/Paducah ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	19,594,770	0.8493	23,071,671	19,594,770
B. MULTIFAMILY RESIDENCES	35,600	N/A	35,600	35,600
C1. VACANT LOTS	554,110	N/A	554,110	554,110
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	34,907,565	0.8003	43,618,287	34,907,565
D2. REAL PROP:FARM & RANCH	6,927,720	N/A	6,927,720	6,927,720
E. REAL PROP NONQUAL ACREAGE	17,238,210	N/A	17,238,210	17,238,210
F1. COMMERCIAL REAL	4,656,550	N/A	4,656,550	4,656,550
F2. INDUSTRIAL REAL	938,870	N/A	938,870	938,870
G. OIL,GAS,MINERALS	27,675,250	1.0137	27,301,223	27,675,250
J. UTILITIES	61,622,820	1.0264	60,037,822	61,622,820
L1. COMMERCIAL PERSONAL	1,102,720	N/A	1,102,720	1,102,720
L2. INDUSTRIAL PERSONAL	190,000	N/A	190,000	190,000
M. MOBILE HOMES	92,600	N/A	92,600	92,600
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	141,170	N/A	141,170	141,170
Subtotal	175,677,955	0	185,906,553	175,677,955
Less Total Deductions	12,436,840	0	13,562,693	12,436,840
Total Taxable Value	163,241,115	0	172,343,860	163,241,115

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
166,253,265	163,241,115	165,112,705	162,100,555

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
3,012,150	1,140,560

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
166,253,265	163,241,115	165,112,705	162,100,555

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

051-901-02/Paducah ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	19,594,770	0.8493	23,071,671	19,594,770
B. MULTIFAMILY RESIDENCES	35,600	N/A	35,600	35,600
C1. VACANT LOTS	554,110	N/A	554,110	554,110
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	34,907,565	0.8003	43,618,287	34,907,565
D2. REAL PROP:FARM & RANCH	6,927,720	N/A	6,927,720	6,927,720
E. REAL PROP NONQUAL ACREAGE	17,238,210	N/A	17,238,210	17,238,210
F1. COMMERCIAL REAL	4,656,550	N/A	4,656,550	4,656,550
F2. INDUSTRIAL REAL	938,870	N/A	938,870	938,870
G. OIL,GAS,MINERALS	27,675,250	1.0137	27,301,223	27,675,250
J. UTILITIES	61,622,820	1.0264	60,037,822	61,622,820
L1. COMMERCIAL PERSONAL	1,102,720	N/A	1,102,720	1,102,720
L2. INDUSTRIAL PERSONAL	190,000	N/A	190,000	190,000
M. MOBILE HOMES	92,600	N/A	92,600	92,600
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	141,170	N/A	141,170	141,170
Subtotal	175,677,955		185,906,553	175,677,955
Less Total Deductions	12,436,840		13,562,693	12,436,840
Total Taxable Value	163,241,115		172,343,860	163,241,115

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
166,253,265	163,241,115	165,112,705	162,100,555

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
3,012,150	1,140,560

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
166,253,265	163,241,115	165,112,705	162,100,555

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