taxes Property Tax Assistance

2019 ISD Summary Worksheet

072-Erath

182-904/Santo ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 2,098,350 N/A 2,098,350 2,098,350
C1. VACANT LOTS 47,700 N/A 47,700 47,700
D1. QUALIFIED AG LAND 1,405,440 N/A 1,405,440 1,405,440
D2. REAL PROP:FARM & RANCH 350,070 N/A 350,070 350,070
E. REAL PROP NONQUAL ACREAGE 21,287,550 N/A 21,287,550 21,287,550
F1. COMMERCIAL REAL 376,340 N/A 376,340 376,340
G. OIL,GAS,MINERALS 91,330 N/A 91,330 91,330
J. UTILITIES 1,197,470 N/A 1,197,470 1,197,470
L1. COMMERCIAL PERSONAL 128,470 N/A 128,470 128,470
M. MOBILE HOMES 382,160 N/A 382,160 382,160
S. SPECIAL INVENTORY 61,960 N/A 61,960 61,960
Subtotal 27,426,840 0 27,426,840 27,426,840
Less Total Deductions 3,015,550 0 3,015,550 3,015,550
Total Taxable Value 24,411,290 0 24,411,290 24,411,290

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
25,222,670 24,411,290 25,222,670 24,411,290


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
811,380 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
25,222,670 24,411,290 25,222,670 24,411,290

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

182-904-02/Santo ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 2,098,350 N/A 2,098,350 2,098,350
C1. VACANT LOTS 47,700 N/A 47,700 47,700
D1. QUALIFIED AG LAND 1,405,440 N/A 1,405,440 1,405,440
D2. REAL PROP:FARM & RANCH 350,070 N/A 350,070 350,070
E. REAL PROP NONQUAL ACREAGE 21,287,550 N/A 21,287,550 21,287,550
F1. COMMERCIAL REAL 376,340 N/A 376,340 376,340
G. OIL,GAS,MINERALS 91,330 N/A 91,330 91,330
J. UTILITIES 1,197,470 N/A 1,197,470 1,197,470
L1. COMMERCIAL PERSONAL 128,470 N/A 128,470 128,470
M. MOBILE HOMES 382,160 N/A 382,160 382,160
S. SPECIAL INVENTORY 61,960 N/A 61,960 61,960
Subtotal 27,426,840 27,426,840 27,426,840
Less Total Deductions 3,015,550 3,015,550 3,015,550
Total Taxable Value 24,411,290 24,411,290 24,411,290

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
25,222,670 24,411,290 25,222,670 24,411,290


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
811,380 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
25,222,670 24,411,290 25,222,670 24,411,290

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