taxes Property Tax Assistance

2019 ISD Summary Worksheet

093-Grimes

154-901/Madisonville CISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 42,943,200 0.9379 45,786,544 42,943,200
C1. VACANT LOTS 4,005,250 N/A 4,005,250 4,005,250
D1. QUALIFIED AG LAND 3,643,030 0.9172 3,972,046 3,643,030
D2. REAL PROP:FARM & RANCH 3,734,141 N/A 3,734,141 3,734,141
E. REAL PROP NONQUAL ACREAGE 60,126,210 1.0554 56,970,068 60,126,210
F1. COMMERCIAL REAL 4,639,005 N/A 4,639,005 4,639,005
F2. INDUSTRIAL REAL 251,400 N/A 251,400 251,400
G. OIL,GAS,MINERALS 2,705,628 N/A 2,705,628 2,705,628
J. UTILITIES 43,182,587 0.7717 55,957,739 43,182,587
L1. COMMERCIAL PERSONAL 1,939,918 N/A 1,939,918 1,939,918
L2. INDUSTRIAL PERSONAL 65,000 N/A 65,000 65,000
M. MOBILE HOMES 5,184,900 N/A 5,184,900 5,184,900
Subtotal 172,420,269 0 185,211,639 172,420,269
Less Total Deductions 27,843,686 0 29,918,023 27,843,686
Total Taxable Value 144,576,583 0 155,293,616 144,576,583

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
148,374,768 144,576,583 148,374,768 144,576,583


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,798,185 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
148,374,768 144,576,583 148,374,768 144,576,583

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

154-901-02/Madisonville CISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 42,943,200 0.9379 45,786,544 42,943,200
C1. VACANT LOTS 4,005,250 N/A 4,005,250 4,005,250
D1. QUALIFIED AG LAND 3,643,030 0.9172 3,972,046 3,643,030
D2. REAL PROP:FARM & RANCH 3,734,141 N/A 3,734,141 3,734,141
E. REAL PROP NONQUAL ACREAGE 60,126,210 1.0554 56,970,068 60,126,210
F1. COMMERCIAL REAL 4,639,005 N/A 4,639,005 4,639,005
F2. INDUSTRIAL REAL 251,400 N/A 251,400 251,400
G. OIL,GAS,MINERALS 2,705,628 N/A 2,705,628 2,705,628
J. UTILITIES 43,182,587 0.7717 55,957,739 43,182,587
L1. COMMERCIAL PERSONAL 1,939,918 N/A 1,939,918 1,939,918
L2. INDUSTRIAL PERSONAL 65,000 N/A 65,000 65,000
M. MOBILE HOMES 5,184,900 N/A 5,184,900 5,184,900
Subtotal 172,420,269 185,211,639 172,420,269
Less Total Deductions 27,843,686 29,918,023 27,843,686
Total Taxable Value 144,576,583 155,293,616 144,576,583

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
148,374,768 144,576,583 148,374,768 144,576,583


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,798,185 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
148,374,768 144,576,583 148,374,768 144,576,583

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