taxes Property Tax Assistance

2019 ISD Summary Worksheet

112-Hopkins

112-905/Cumby ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 23,359,890 0.8742 26,721,448 26,721,448
B. MULTIFAMILY RESIDENCES 42,880 N/A 42,880 42,880
C1. VACANT LOTS 99,590 N/A 99,590 99,590
D1. QUALIFIED AG LAND 4,547,074 0.8687 5,234,220 5,234,220
D2. REAL PROP:FARM & RANCH 688,170 N/A 688,170 688,170
E. REAL PROP NONQUAL ACREAGE 42,460,860 0.9834 43,177,608 43,177,608
F1. COMMERCIAL REAL 3,721,120 N/A 3,721,120 3,721,120
J. UTILITIES 11,340,951 0.9187 12,344,564 12,344,564
L1. COMMERCIAL PERSONAL 2,567,156 1.0669 2,406,182 2,406,182
L2. INDUSTRIAL PERSONAL 220,052 N/A 220,052 220,052
M. MOBILE HOMES 2,790,680 N/A 2,790,680 2,790,680
Subtotal 91,838,423 0 97,446,514 97,446,514
Less Total Deductions 18,809,512 0 21,678,986 21,678,986
Total Taxable Value 73,028,911 0 75,767,528 75,767,528

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
79,982,981 75,767,528 79,982,981 75,767,528


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,215,453 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
79,982,981 75,767,528 79,982,981 75,767,528

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)

112-905-02/Cumby ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 23,359,890 0.8742 26,721,448 26,721,448
B. MULTIFAMILY RESIDENCES 42,880 N/A 42,880 42,880
C1. VACANT LOTS 99,590 N/A 99,590 99,590
D1. QUALIFIED AG LAND 4,547,074 0.8687 5,234,220 5,234,220
D2. REAL PROP:FARM & RANCH 688,170 N/A 688,170 688,170
E. REAL PROP NONQUAL ACREAGE 42,460,860 0.9834 43,177,608 43,177,608
F1. COMMERCIAL REAL 3,721,120 N/A 3,721,120 3,721,120
J. UTILITIES 11,340,951 0.9187 12,344,564 12,344,564
L1. COMMERCIAL PERSONAL 2,567,156 1.0669 2,406,182 2,406,182
L2. INDUSTRIAL PERSONAL 220,052 N/A 220,052 220,052
M. MOBILE HOMES 2,790,680 N/A 2,790,680 2,790,680
Subtotal 91,838,423 97,446,514 97,446,514
Less Total Deductions 18,809,512 21,678,986 21,678,986
Total Taxable Value 73,028,911 75,767,528 75,767,528

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
79,982,981 75,767,528 79,982,981 75,767,528


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
4,215,453 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
79,982,981 75,767,528 79,982,981 75,767,528

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