taxes Property Tax Assistance

2019 ISD Summary Worksheet

095-Hale

095-904/Petersburg ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 18,445,622 0.8724 21,143,537 21,143,537
C1. VACANT LOTS 128,703 N/A 128,703 128,703
D1. QUALIFIED AG LAND 17,961,077 1.6412 10,943,536 10,943,536
D2. REAL PROP:FARM & RANCH 535,472 N/A 535,472 535,472
E. REAL PROP NONQUAL ACREAGE 7,562,417 0.9343 8,094,206 8,094,206
F1. COMMERCIAL REAL 2,097,773 N/A 2,097,773 2,097,773
F2. INDUSTRIAL REAL 263,482,673 N/A 263,482,673 263,482,673
G. OIL,GAS,MINERALS 1,720 N/A 1,720 1,720
J. UTILITIES 24,012,877 0.0646 371,716,362 371,716,362
L1. COMMERCIAL PERSONAL 3,289,634 N/A 3,289,634 3,289,634
L2. INDUSTRIAL PERSONAL 10,458,655 N/A 10,458,655 10,458,655
M. MOBILE HOMES 175,414 N/A 175,414 175,414
Subtotal 348,152,037 0 692,067,685 692,067,685
Less Total Deductions 270,591,741 0 271,687,182 271,687,182
Total Taxable Value 77,560,296 0 420,380,503 420,380,503

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
422,957,031 420,380,503 422,957,031 420,380,503


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,576,528 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
683,457,031 680,880,503 683,457,031 680,880,503

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

095-904-02/Petersburg ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 18,445,622 0.8724 21,143,537 21,143,537
C1. VACANT LOTS 128,703 N/A 128,703 128,703
D1. QUALIFIED AG LAND 17,961,077 1.6412 10,943,536 10,943,536
D2. REAL PROP:FARM & RANCH 535,472 N/A 535,472 535,472
E. REAL PROP NONQUAL ACREAGE 7,562,417 0.9343 8,094,206 8,094,206
F1. COMMERCIAL REAL 2,097,773 N/A 2,097,773 2,097,773
F2. INDUSTRIAL REAL 263,482,673 N/A 263,482,673 263,482,673
G. OIL,GAS,MINERALS 1,720 N/A 1,720 1,720
J. UTILITIES 24,012,877 0.0646 371,716,362 371,716,362
L1. COMMERCIAL PERSONAL 3,289,634 N/A 3,289,634 3,289,634
L2. INDUSTRIAL PERSONAL 10,458,655 N/A 10,458,655 10,458,655
M. MOBILE HOMES 175,414 N/A 175,414 175,414
Subtotal 348,152,037 692,067,685 692,067,685
Less Total Deductions 270,591,741 271,687,182 271,687,182
Total Taxable Value 77,560,296 420,380,503 420,380,503

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
422,957,031 420,380,503 422,957,031 420,380,503


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,576,528 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
683,457,031 680,880,503 683,457,031 680,880,503

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