taxes Property Tax Assistance

2019 ISD Summary Worksheet

116-Hunt

129-906/Terrell ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 42,427,222 N/A 42,427,222 42,427,222
B. MULTIFAMILY RESIDENCES 236,470 N/A 236,470 236,470
C1. VACANT LOTS 1,732,970 N/A 1,732,970 1,732,970
D1. QUALIFIED AG LAND 556,340 N/A 556,340 556,340
D2. REAL PROP:FARM & RANCH 2,580,947 N/A 2,580,947 2,580,947
E. REAL PROP NONQUAL ACREAGE 60,039,168 N/A 60,039,168 60,039,168
F1. COMMERCIAL REAL 814,540 N/A 814,540 814,540
J. UTILITIES 1,851,740 N/A 1,851,740 1,851,740
L1. COMMERCIAL PERSONAL 221,740 N/A 221,740 221,740
M. MOBILE HOMES 319,450 N/A 319,450 319,450
Subtotal 110,780,587 0 110,780,587 110,780,587
Less Total Deductions 20,722,098 0 20,722,098 20,722,098
Total Taxable Value 90,058,489 0 90,058,489 90,058,489

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
93,086,445 90,058,489 93,086,445 90,058,489


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,027,956 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
93,086,445 90,058,489 93,086,445 90,058,489

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

129-906-02/Terrell ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 42,427,222 N/A 42,427,222 42,427,222
B. MULTIFAMILY RESIDENCES 236,470 N/A 236,470 236,470
C1. VACANT LOTS 1,732,970 N/A 1,732,970 1,732,970
D1. QUALIFIED AG LAND 556,340 N/A 556,340 556,340
D2. REAL PROP:FARM & RANCH 2,580,947 N/A 2,580,947 2,580,947
E. REAL PROP NONQUAL ACREAGE 60,039,168 N/A 60,039,168 60,039,168
F1. COMMERCIAL REAL 814,540 N/A 814,540 814,540
J. UTILITIES 1,851,740 N/A 1,851,740 1,851,740
L1. COMMERCIAL PERSONAL 221,740 N/A 221,740 221,740
M. MOBILE HOMES 319,450 N/A 319,450 319,450
Subtotal 110,780,587 110,780,587 110,780,587
Less Total Deductions 20,722,098 20,722,098 20,722,098
Total Taxable Value 90,058,489 90,058,489 90,058,489

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
93,086,445 90,058,489 93,086,445 90,058,489


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,027,956 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
93,086,445 90,058,489 93,086,445 90,058,489

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