taxes Property Tax Assistance

2019 ISD Summary Worksheet

113-Houston

113-905/Latexo ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	80,092,900	0.8691	92,156,139	80,092,900
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	2,608,350	N/A	2,608,350	2,608,350
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	9,393,130	1.0216	9,194,716	9,393,130
D2. REAL PROP:FARM & RANCH	4,304,050	N/A	4,304,050	4,304,050
E. REAL PROP NONQUAL ACREAGE	43,458,710	0.8826	49,239,418	43,458,710
F1. COMMERCIAL REAL	3,283,270	N/A	3,283,270	3,283,270
F2. INDUSTRIAL REAL	2,101,950	N/A	2,101,950	2,101,950
G. OIL,GAS,MINERALS	52,300	N/A	52,300	52,300
J. UTILITIES	40,688,930	0.9378	43,387,641	40,688,930
L1. COMMERCIAL PERSONAL	1,695,760	N/A	1,695,760	1,695,760
L2. INDUSTRIAL PERSONAL	13,678,000	N/A	13,678,000	13,678,000
M. MOBILE HOMES	4,209,440	N/A	4,209,440	4,209,440
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	13,130	N/A	13,130	13,130
Subtotal	205,579,920	0	225,924,164	205,579,920
Less Total Deductions	30,256,469	0	35,958,178	30,256,469
Total Taxable Value	175,323,451	0	189,965,986	175,323,451

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
181,234,457	175,323,451	181,234,457	175,323,451

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
5,911,006	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
181,234,457	175,323,451	181,234,457	175,323,451

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 YOUR SCHOOL DISTRICT IS IN YEAR TWO OF THE GRACE PERIOD

113-905-02/Latexo ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	80,092,900	0.8691	92,156,139	80,092,900
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	2,608,350	N/A	2,608,350	2,608,350
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	9,393,130	1.0216	9,194,716	9,393,130
D2. REAL PROP:FARM & RANCH	4,304,050	N/A	4,304,050	4,304,050
E. REAL PROP NONQUAL ACREAGE	43,458,710	0.8826	49,239,418	43,458,710
F1. COMMERCIAL REAL	3,283,270	N/A	3,283,270	3,283,270
F2. INDUSTRIAL REAL	2,101,950	N/A	2,101,950	2,101,950
G. OIL,GAS,MINERALS	52,300	N/A	52,300	52,300
J. UTILITIES	40,688,930	0.9378	43,387,641	40,688,930
L1. COMMERCIAL PERSONAL	1,695,760	N/A	1,695,760	1,695,760
L2. INDUSTRIAL PERSONAL	13,678,000	N/A	13,678,000	13,678,000
M. MOBILE HOMES	4,209,440	N/A	4,209,440	4,209,440
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	13,130	N/A	13,130	13,130
Subtotal	205,579,920		225,924,164	205,579,920
Less Total Deductions	30,256,469		35,958,178	30,256,469
Total Taxable Value	175,323,451		189,965,986	175,323,451

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
181,234,457	175,323,451	181,234,457	175,323,451

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
5,911,006	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
181,234,457	175,323,451	181,234,457	175,323,451

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