taxes Property Tax Assistance

2019 ISD Summary Worksheet

114-Howard

114-904/Forsan ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 98,716,529 0.8179 120,695,108 120,695,108
B. MULTIFAMILY RESIDENCES 96,434 N/A 96,434 96,434
C1. VACANT LOTS 6,383,872 N/A 6,383,872 6,383,872
D1. QUALIFIED AG LAND 3,670,761 1.0845 3,384,635 3,384,635
D2. REAL PROP:FARM & RANCH 492,173 N/A 492,173 492,173
E. REAL PROP NONQUAL ACREAGE 45,320,874 0.8554 52,982,083 52,982,083
F1. COMMERCIAL REAL 10,279,835 N/A 10,279,835 10,279,835
F2. INDUSTRIAL REAL 72,527,173 N/A 72,527,173 72,527,173
G. OIL,GAS,MINERALS 334,110,369 1.0037 332,878,718 332,878,718
J. UTILITIES 76,607,876 0.9315 82,241,413 82,241,413
L1. COMMERCIAL PERSONAL 2,505,113 N/A 2,505,113 2,505,113
L2. INDUSTRIAL PERSONAL 54,848,100 N/A 54,848,100 54,848,100
M. MOBILE HOMES 387,236 N/A 387,236 387,236
O. RESIDENTIAL INVENTORY 20,462 N/A 20,462 20,462
Subtotal 705,966,807 0 739,722,355 739,722,355
Less Total Deductions 37,823,519 0 44,896,816 44,896,816
Total Taxable Value 668,143,288 0 694,825,539 694,825,539

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
700,696,738 694,825,539 692,284,115 686,412,916


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,871,199 8,412,623


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
700,696,738 694,825,539 692,284,115 686,412,916

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)

114-904-02/Forsan ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 98,716,529 0.8179 120,695,108 120,695,108
B. MULTIFAMILY RESIDENCES 96,434 N/A 96,434 96,434
C1. VACANT LOTS 6,383,872 N/A 6,383,872 6,383,872
D1. QUALIFIED AG LAND 3,670,761 1.0845 3,384,635 3,384,635
D2. REAL PROP:FARM & RANCH 492,173 N/A 492,173 492,173
E. REAL PROP NONQUAL ACREAGE 45,320,874 0.8554 52,982,083 52,982,083
F1. COMMERCIAL REAL 10,279,835 N/A 10,279,835 10,279,835
F2. INDUSTRIAL REAL 72,527,173 N/A 72,527,173 72,527,173
G. OIL,GAS,MINERALS 334,110,369 1.0037 332,878,718 332,878,718
J. UTILITIES 76,607,876 0.9315 82,241,413 82,241,413
L1. COMMERCIAL PERSONAL 2,505,113 N/A 2,505,113 2,505,113
L2. INDUSTRIAL PERSONAL 54,848,100 N/A 54,848,100 54,848,100
M. MOBILE HOMES 387,236 N/A 387,236 387,236
O. RESIDENTIAL INVENTORY 20,462 N/A 20,462 20,462
Subtotal 705,966,807 739,722,355 739,722,355
Less Total Deductions 37,823,519 44,896,816 44,896,816
Total Taxable Value 668,143,288 694,825,539 694,825,539

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
700,696,738 694,825,539 692,284,115 686,412,916


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
5,871,199 8,412,623


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
700,696,738 694,825,539 692,284,115 686,412,916

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