taxes Property Tax Assistance

2019 ISD Summary Worksheet

083-Gaines

083-903/Seminole ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 266,184,232 0.9462 281,319,205 266,184,232
B. MULTIFAMILY RESIDENCES 5,580,141 N/A 5,580,141 5,580,141
C1. VACANT LOTS 44,856,741 N/A 44,856,741 44,856,741
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 59,370,892 1.5714 37,781,938 59,370,892
D2. REAL PROP:FARM & RANCH 3,721,385 N/A 3,721,385 3,721,385
E. REAL PROP NONQUAL ACREAGE 477,824,431 0.8728 547,461,539 477,824,431
F1. COMMERCIAL REAL 126,832,412 N/A 126,832,412 126,832,412
F2. INDUSTRIAL REAL 220,945,090 N/A 220,945,090 220,945,090
G. OIL,GAS,MINERALS 2,104,970,156 1.0006 2,103,707,931 2,104,970,156
J. UTILITIES 132,409,680 N/A 132,409,680 132,409,680
L1. COMMERCIAL PERSONAL 58,057,180 N/A 58,057,180 58,057,180
L2. INDUSTRIAL PERSONAL 221,172,670 N/A 221,172,670 221,172,670
M. MOBILE HOMES 56,591,787 N/A 56,591,787 56,591,787
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 3,212,670 N/A 3,212,670 3,212,670
Subtotal 3,781,729,467 0 3,843,650,369 3,781,729,467
Less Total Deductions 197,293,620 0 205,345,424 197,293,620
Total Taxable Value 3,584,435,847 0 3,638,304,945 3,584,435,847

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
3,611,157,609 3,584,435,847 3,611,157,609 3,584,435,847


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
26,721,762 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
3,611,157,609 3,584,435,847 3,611,157,609 3,584,435,847

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

083-903-02/Seminole ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 266,184,232 0.9462 281,319,205 266,184,232
B. MULTIFAMILY RESIDENCES 5,580,141 N/A 5,580,141 5,580,141
C1. VACANT LOTS 44,856,741 N/A 44,856,741 44,856,741
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 59,370,892 1.5714 37,781,938 59,370,892
D2. REAL PROP:FARM & RANCH 3,721,385 N/A 3,721,385 3,721,385
E. REAL PROP NONQUAL ACREAGE 477,824,431 0.8728 547,461,539 477,824,431
F1. COMMERCIAL REAL 126,832,412 N/A 126,832,412 126,832,412
F2. INDUSTRIAL REAL 220,945,090 N/A 220,945,090 220,945,090
G. OIL,GAS,MINERALS 2,104,970,156 1.0006 2,103,707,931 2,104,970,156
J. UTILITIES 132,409,680 N/A 132,409,680 132,409,680
L1. COMMERCIAL PERSONAL 58,057,180 N/A 58,057,180 58,057,180
L2. INDUSTRIAL PERSONAL 221,172,670 N/A 221,172,670 221,172,670
M. MOBILE HOMES 56,591,787 N/A 56,591,787 56,591,787
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 3,212,670 N/A 3,212,670 3,212,670
Subtotal 3,781,729,467 3,843,650,369 3,781,729,467
Less Total Deductions 197,293,620 205,345,424 197,293,620
Total Taxable Value 3,584,435,847 3,638,304,945 3,584,435,847

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
3,611,157,609 3,584,435,847 3,611,157,609 3,584,435,847


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
26,721,762 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
3,611,157,609 3,584,435,847 3,611,157,609 3,584,435,847

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