taxes Property Tax Assistance

2019 ISD Summary Worksheet

060-Delta

139-905/Chisum ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,485,330 N/A 1,485,330 1,485,330
C1. VACANT LOTS 51,560 N/A 51,560 51,560
D1. QUALIFIED AG LAND 1,025,570 N/A 1,025,570 1,025,570
D2. REAL PROP:FARM & RANCH 784,930 N/A 784,930 784,930
E. REAL PROP NONQUAL ACREAGE 2,891,670 N/A 2,891,670 2,891,670
F1. COMMERCIAL REAL 39,960 N/A 39,960 39,960
F2. INDUSTRIAL REAL 7,018,430 N/A 7,018,430 7,018,430
J. UTILITIES 13,230,940 N/A 13,230,940 13,230,940
L1. COMMERCIAL PERSONAL 149,340 N/A 149,340 149,340
L2. INDUSTRIAL PERSONAL 338,510 N/A 338,510 338,510
Subtotal 27,016,240 0 27,016,240 27,016,240
Less Total Deductions 2,589,944 0 2,589,944 2,589,944
Total Taxable Value 24,426,296 0 24,426,296 24,426,296

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
24,681,969 24,426,296 24,681,969 24,426,296


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
255,673 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
24,681,969 24,426,296 24,681,969 24,426,296

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

139-905-02/Chisum ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,485,330 N/A 1,485,330 1,485,330
C1. VACANT LOTS 51,560 N/A 51,560 51,560
D1. QUALIFIED AG LAND 1,025,570 N/A 1,025,570 1,025,570
D2. REAL PROP:FARM & RANCH 784,930 N/A 784,930 784,930
E. REAL PROP NONQUAL ACREAGE 2,891,670 N/A 2,891,670 2,891,670
F1. COMMERCIAL REAL 39,960 N/A 39,960 39,960
F2. INDUSTRIAL REAL 7,018,430 N/A 7,018,430 7,018,430
J. UTILITIES 13,230,940 N/A 13,230,940 13,230,940
L1. COMMERCIAL PERSONAL 149,340 N/A 149,340 149,340
L2. INDUSTRIAL PERSONAL 338,510 N/A 338,510 338,510
Subtotal 27,016,240 27,016,240 27,016,240
Less Total Deductions 2,589,944 2,589,944 2,589,944
Total Taxable Value 24,426,296 24,426,296 24,426,296

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
24,681,969 24,426,296 24,681,969 24,426,296


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
255,673 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
24,681,969 24,426,296 24,681,969 24,426,296

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