taxes Property Tax Assistance

2019 ISD Summary Worksheet

145-Leon

145-906/Normangee ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	132,802,080	0.9805	135,443,223	132,802,080
B. MULTIFAMILY RESIDENCES	310,970	N/A	310,970	310,970
C1. VACANT LOTS	16,236,800	0.9284	17,489,013	16,236,800
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	4,330,500	0.9682	4,472,778	4,330,500
D2. REAL PROP:FARM & RANCH	4,398,280	N/A	4,398,280	4,398,280
E. REAL PROP NONQUAL ACREAGE	84,552,550	0.9692	87,239,527	84,552,550
F1. COMMERCIAL REAL	6,492,350	N/A	6,492,350	6,492,350
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	19,371,870	0.9795	19,777,305	19,371,870
J. UTILITIES	61,417,350	0.7421	82,761,555	61,417,350
L1. COMMERCIAL PERSONAL	8,865,180	N/A	8,865,180	8,865,180
L2. INDUSTRIAL PERSONAL	460,230	N/A	460,230	460,230
M. MOBILE HOMES	5,167,580	N/A	5,167,580	5,167,580
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	1,115,370	N/A	1,115,370	1,115,370
Subtotal	345,521,110	0	373,993,361	345,521,110
Less Total Deductions	84,982,128	0	86,858,086	84,982,128
Total Taxable Value	260,538,982	0	287,135,275	260,538,982

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
269,983,717	260,538,982	257,081,902	247,637,167

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
9,444,735	12,901,815

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
269,983,717	260,538,982	257,081,902	247,637,167

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

145-906-02/Normangee ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	132,802,080	0.9805	135,443,223	132,802,080
B. MULTIFAMILY RESIDENCES	310,970	N/A	310,970	310,970
C1. VACANT LOTS	16,236,800	0.9284	17,489,013	16,236,800
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	4,330,500	0.9682	4,472,778	4,330,500
D2. REAL PROP:FARM & RANCH	4,398,280	N/A	4,398,280	4,398,280
E. REAL PROP NONQUAL ACREAGE	84,552,550	0.9692	87,239,527	84,552,550
F1. COMMERCIAL REAL	6,492,350	N/A	6,492,350	6,492,350
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	19,371,870	0.9795	19,777,305	19,371,870
J. UTILITIES	61,417,350	0.7421	82,761,555	61,417,350
L1. COMMERCIAL PERSONAL	8,865,180	N/A	8,865,180	8,865,180
L2. INDUSTRIAL PERSONAL	460,230	N/A	460,230	460,230
M. MOBILE HOMES	5,167,580	N/A	5,167,580	5,167,580
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	1,115,370	N/A	1,115,370	1,115,370
Subtotal	345,521,110		373,993,361	345,521,110
Less Total Deductions	84,982,128		86,858,086	84,982,128
Total Taxable Value	260,538,982		287,135,275	260,538,982

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
269,983,717	260,538,982	257,081,902	247,637,167

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
9,444,735	12,901,815

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
269,983,717	260,538,982	257,081,902	247,637,167

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