taxes Property Tax Assistance

2019 ISD Summary Worksheet

066-Duval

066-903/Freer ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 60,961,531 0.8614 70,770,294 70,770,294
B. MULTIFAMILY RESIDENCES 996,000 N/A 996,000 996,000
C1. VACANT LOTS 1,644,322 N/A 1,644,322 1,644,322
D1. QUALIFIED AG LAND 20,501,118 0.7568 27,089,711 27,089,711
D2. REAL PROP:FARM & RANCH 136,270 N/A 136,270 136,270
E. REAL PROP NONQUAL ACREAGE 28,945,611 0.9669 29,936,509 29,936,509
F1. COMMERCIAL REAL 19,255,643 0.9054 21,267,554 21,267,554
F2. INDUSTRIAL REAL 5,251,670 N/A 5,251,670 5,251,670
G. OIL,GAS,MINERALS 29,001,370 0.8354 34,715,549 34,715,549
J. UTILITIES 108,640,200 0.8937 121,562,269 121,562,269
L1. COMMERCIAL PERSONAL 6,691,180 N/A 6,691,180 6,691,180
L2. INDUSTRIAL PERSONAL 37,486,370 N/A 37,486,370 37,486,370
M. MOBILE HOMES 2,774,920 N/A 2,774,920 2,774,920
Subtotal 322,286,205 0 360,322,618 360,322,618
Less Total Deductions 34,488,300 0 38,325,590 38,325,590
Total Taxable Value 287,797,905 0 321,997,028 321,997,028

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
328,239,022 321,997,028 323,922,060 317,680,066


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,241,994 4,316,962


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
328,239,022 321,997,028 323,922,060 317,680,066

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)

066-903-02/Freer ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 60,961,531 0.8614 70,770,294 70,770,294
B. MULTIFAMILY RESIDENCES 996,000 N/A 996,000 996,000
C1. VACANT LOTS 1,644,322 N/A 1,644,322 1,644,322
D1. QUALIFIED AG LAND 20,501,118 0.7568 27,089,711 27,089,711
D2. REAL PROP:FARM & RANCH 136,270 N/A 136,270 136,270
E. REAL PROP NONQUAL ACREAGE 28,945,611 0.9669 29,936,509 29,936,509
F1. COMMERCIAL REAL 19,255,643 0.9054 21,267,554 21,267,554
F2. INDUSTRIAL REAL 5,251,670 N/A 5,251,670 5,251,670
G. OIL,GAS,MINERALS 29,001,370 0.8354 34,715,549 34,715,549
J. UTILITIES 108,640,200 0.8937 121,562,269 121,562,269
L1. COMMERCIAL PERSONAL 6,691,180 N/A 6,691,180 6,691,180
L2. INDUSTRIAL PERSONAL 37,486,370 N/A 37,486,370 37,486,370
M. MOBILE HOMES 2,774,920 N/A 2,774,920 2,774,920
Subtotal 322,286,205 360,322,618 360,322,618
Less Total Deductions 34,488,300 38,325,590 38,325,590
Total Taxable Value 287,797,905 321,997,028 321,997,028

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
328,239,022 321,997,028 323,922,060 317,680,066


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
6,241,994 4,316,962


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
328,239,022 321,997,028 323,922,060 317,680,066

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