taxes Property Tax Assistance

2019 ISD Summary Worksheet

081-Freestone

147-903/Mexia ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
D1. QUALIFIED AG LAND	9,065	N/A	9,065	9,065
D2. REAL PROP:FARM & RANCH	595,056	N/A	595,056	595,056
E. REAL PROP NONQUAL ACREAGE	1,355,943	N/A	1,355,943	1,355,943
J. UTILITIES	21,490	N/A	21,490	21,490
L1. COMMERCIAL PERSONAL	3,286	N/A	3,286	3,286
M. MOBILE HOMES	134,995	N/A	134,995	134,995
Subtotal	2,119,835	0	2,119,835	2,119,835
Less Total Deductions	50,000	0	50,000	50,000
Total Taxable Value	2,069,835	0	2,069,835	2,069,835

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
2,089,835	2,069,835	2,089,835	2,069,835

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
20,000	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
2,089,835	2,069,835	2,089,835	2,069,835

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

147-903-02/Mexia ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
D1. QUALIFIED AG LAND	9,065	N/A	9,065	9,065
D2. REAL PROP:FARM & RANCH	595,056	N/A	595,056	595,056
E. REAL PROP NONQUAL ACREAGE	1,355,943	N/A	1,355,943	1,355,943
J. UTILITIES	21,490	N/A	21,490	21,490
L1. COMMERCIAL PERSONAL	3,286	N/A	3,286	3,286
M. MOBILE HOMES	134,995	N/A	134,995	134,995
Subtotal	2,119,835		2,119,835	2,119,835
Less Total Deductions	50,000		50,000	50,000
Total Taxable Value	2,069,835		2,069,835	2,069,835

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
2,089,835	2,069,835	2,089,835	2,069,835

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
20,000	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
2,089,835	2,069,835	2,089,835	2,069,835

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