taxes Property Tax Assistance

2019 ISD Summary Worksheet

114-Howard

017-901/Borden County ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,025,888 N/A 1,025,888 1,025,888
C1. VACANT LOTS 101,750 N/A 101,750 101,750
D1. QUALIFIED AG LAND 759,449 1.0583 717,605 759,449
E. REAL PROP NONQUAL ACREAGE 2,533,207 N/A 2,533,207 2,533,207
F1. COMMERCIAL REAL 421,245 N/A 421,245 421,245
F2. INDUSTRIAL REAL 20,300 N/A 20,300 20,300
G. OIL,GAS,MINERALS 85,664,200 0.9577 89,447,844 85,664,200
J. UTILITIES 6,323,745 0.9176 6,891,614 6,323,745
L1. COMMERCIAL PERSONAL 329 N/A 329 329
L2. INDUSTRIAL PERSONAL 4,339,830 N/A 4,339,830 4,339,830
Subtotal 101,189,943 0 105,499,612 101,189,943
Less Total Deductions 540,558 0 540,558 540,558
Total Taxable Value 100,649,385 0 104,959,054 100,649,385

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
100,699,385 100,649,385 100,659,527 100,609,527


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
50,000 39,858


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
100,699,385 100,649,385 100,659,527 100,609,527

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

017-901-02/Borden County ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,025,888 N/A 1,025,888 1,025,888
C1. VACANT LOTS 101,750 N/A 101,750 101,750
D1. QUALIFIED AG LAND 759,449 1.0583 717,605 759,449
E. REAL PROP NONQUAL ACREAGE 2,533,207 N/A 2,533,207 2,533,207
F1. COMMERCIAL REAL 421,245 N/A 421,245 421,245
F2. INDUSTRIAL REAL 20,300 N/A 20,300 20,300
G. OIL,GAS,MINERALS 85,664,200 0.9577 89,447,844 85,664,200
J. UTILITIES 6,323,745 0.9176 6,891,614 6,323,745
L1. COMMERCIAL PERSONAL 329 N/A 329 329
L2. INDUSTRIAL PERSONAL 4,339,830 N/A 4,339,830 4,339,830
Subtotal 101,189,943 105,499,612 101,189,943
Less Total Deductions 540,558 540,558 540,558
Total Taxable Value 100,649,385 104,959,054 100,649,385

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
100,699,385 100,649,385 100,659,527 100,609,527


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
50,000 39,858


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
100,699,385 100,649,385 100,659,527 100,609,527

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