taxes Property Tax Assistance

2019 ISD Summary Worksheet

074-Fannin

074-909/Leonard ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 111,753,146 0.9544 117,092,567 111,753,146
B. MULTIFAMILY RESIDENCES 2,814,570 N/A 2,814,570 2,814,570
C1. VACANT LOTS 1,754,140 N/A 1,754,140 1,754,140
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 2,501,220 0.8288 3,017,885 2,501,220
D2. REAL PROP:FARM & RANCH 4,216,288 N/A 4,216,288 4,216,288
E. REAL PROP NONQUAL ACREAGE 76,728,821 0.9830 78,055,769 76,728,821
F1. COMMERCIAL REAL 18,506,659 0.8807 21,013,579 18,506,659
F2. INDUSTRIAL REAL 395,094 N/A 395,094 395,094
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 18,327,590 0.9182 19,960,346 18,327,590
L1. COMMERCIAL PERSONAL 7,668,650 N/A 7,668,650 7,668,650
L2. INDUSTRIAL PERSONAL 1,200,950 N/A 1,200,950 1,200,950
M. MOBILE HOMES 888,791 N/A 888,791 888,791
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 900 N/A 900 900
Subtotal 246,756,819 0 258,079,529 246,756,819
Less Total Deductions 42,415,317 0 44,556,457 42,415,317
Total Taxable Value 204,341,502 0 213,523,072 204,341,502

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
212,131,683 204,341,502 212,131,683 204,341,502


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
7,790,181 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
212,131,683 204,341,502 212,131,683 204,341,502

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

074-909-02/Leonard ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 111,753,146 0.9544 117,092,567 111,753,146
B. MULTIFAMILY RESIDENCES 2,814,570 N/A 2,814,570 2,814,570
C1. VACANT LOTS 1,754,140 N/A 1,754,140 1,754,140
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 2,501,220 0.8288 3,017,885 2,501,220
D2. REAL PROP:FARM & RANCH 4,216,288 N/A 4,216,288 4,216,288
E. REAL PROP NONQUAL ACREAGE 76,728,821 0.9830 78,055,769 76,728,821
F1. COMMERCIAL REAL 18,506,659 0.8807 21,013,579 18,506,659
F2. INDUSTRIAL REAL 395,094 N/A 395,094 395,094
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 18,327,590 0.9182 19,960,346 18,327,590
L1. COMMERCIAL PERSONAL 7,668,650 N/A 7,668,650 7,668,650
L2. INDUSTRIAL PERSONAL 1,200,950 N/A 1,200,950 1,200,950
M. MOBILE HOMES 888,791 N/A 888,791 888,791
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 900 N/A 900 900
Subtotal 246,756,819 258,079,529 246,756,819
Less Total Deductions 42,415,317 44,556,457 42,415,317
Total Taxable Value 204,341,502 213,523,072 204,341,502

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
212,131,683 204,341,502 212,131,683 204,341,502


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
7,790,181 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
212,131,683 204,341,502 212,131,683 204,341,502

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