taxes Property Tax Assistance

2019 ISD Summary Worksheet

094-Guadalupe

028-906/Prairie Lea ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 7,315,047 N/A 7,315,047 7,315,047
C1. VACANT LOTS 641,323 N/A 641,323 641,323
D1. QUALIFIED AG LAND 315,756 N/A 315,756 315,756
D2. REAL PROP:FARM & RANCH 84,413 N/A 84,413 84,413
E. REAL PROP NONQUAL ACREAGE 3,609,670 N/A 3,609,670 3,609,670
G. OIL,GAS,MINERALS 34,103,915 N/A 34,103,915 34,103,915
J. UTILITIES 789,870 N/A 789,870 789,870
L1. COMMERCIAL PERSONAL 518 N/A 518 518
L2. INDUSTRIAL PERSONAL 978 N/A 978 978
Subtotal 46,861,490 0 46,861,490 46,861,490
Less Total Deductions 2,060,462 0 2,060,462 2,060,462
Total Taxable Value 44,801,028 0 44,801,028 44,801,028

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
45,016,028 44,801,028 45,016,028 44,801,028


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
215,000 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
45,016,028 44,801,028 45,016,028 44,801,028

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

028-906-02/Prairie Lea ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 7,315,047 N/A 7,315,047 7,315,047
C1. VACANT LOTS 641,323 N/A 641,323 641,323
D1. QUALIFIED AG LAND 315,756 N/A 315,756 315,756
D2. REAL PROP:FARM & RANCH 84,413 N/A 84,413 84,413
E. REAL PROP NONQUAL ACREAGE 3,609,670 N/A 3,609,670 3,609,670
G. OIL,GAS,MINERALS 34,103,915 N/A 34,103,915 34,103,915
J. UTILITIES 789,870 N/A 789,870 789,870
L1. COMMERCIAL PERSONAL 518 N/A 518 518
L2. INDUSTRIAL PERSONAL 978 N/A 978 978
Subtotal 46,861,490 46,861,490 46,861,490
Less Total Deductions 2,060,462 2,060,462 2,060,462
Total Taxable Value 44,801,028 44,801,028 44,801,028

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
45,016,028 44,801,028 45,016,028 44,801,028


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
215,000 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
45,016,028 44,801,028 45,016,028 44,801,028

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