taxes Property Tax Assistance

2019 ISD Summary Worksheet

104-Haskell

138-902/Knox City-O'Brien CISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,646,350 0.9290 1,772,174 1,646,350
C1. VACANT LOTS 158,130 N/A 158,130 158,130
D1. QUALIFIED AG LAND 5,307,144 1.2679 4,185,634 5,307,144
D2. REAL PROP:FARM & RANCH 417,050 N/A 417,050 417,050
E. REAL PROP NONQUAL ACREAGE 666,640 N/A 666,640 666,640
F1. COMMERCIAL REAL 72,270 N/A 72,270 72,270
F2. INDUSTRIAL REAL 212,490 N/A 212,490 212,490
G. OIL,GAS,MINERALS 5,006,410 1.0086 4,963,722 5,006,410
J. UTILITIES 2,963,060 1.0587 2,798,772 2,963,060
L1. COMMERCIAL PERSONAL 310,930 N/A 310,930 310,930
L2. INDUSTRIAL PERSONAL 1,100,150 N/A 1,100,150 1,100,150
M. MOBILE HOMES 75,650 N/A 75,650 75,650
Subtotal 17,936,274 0 16,733,612 17,936,274
Less Total Deductions 1,050,475 0 1,064,674 1,050,475
Total Taxable Value 16,885,799 0 15,668,938 16,885,799

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
17,074,769 16,885,799 17,074,769 16,885,799


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
188,970 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
17,074,769 16,885,799 17,074,769 16,885,799

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE LOCAL VALUE IS GREATER THAN PTAD VALUE

138-902-02/Knox City-O'Brien CISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,646,350 0.9290 1,772,174 1,646,350
C1. VACANT LOTS 158,130 N/A 158,130 158,130
D1. QUALIFIED AG LAND 5,307,144 1.2679 4,185,634 5,307,144
D2. REAL PROP:FARM & RANCH 417,050 N/A 417,050 417,050
E. REAL PROP NONQUAL ACREAGE 666,640 N/A 666,640 666,640
F1. COMMERCIAL REAL 72,270 N/A 72,270 72,270
F2. INDUSTRIAL REAL 212,490 N/A 212,490 212,490
G. OIL,GAS,MINERALS 5,006,410 1.0086 4,963,722 5,006,410
J. UTILITIES 2,963,060 1.0587 2,798,772 2,963,060
L1. COMMERCIAL PERSONAL 310,930 N/A 310,930 310,930
L2. INDUSTRIAL PERSONAL 1,100,150 N/A 1,100,150 1,100,150
M. MOBILE HOMES 75,650 N/A 75,650 75,650
Subtotal 17,936,274 16,733,612 17,936,274
Less Total Deductions 1,050,475 1,064,674 1,050,475
Total Taxable Value 16,885,799 15,668,938 16,885,799

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
17,074,769 16,885,799 17,074,769 16,885,799


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
188,970 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
17,074,769 16,885,799 17,074,769 16,885,799

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