taxes Property Tax Assistance

2019 ISD Summary Worksheet

155-Marion

230-903/Ore City ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 14,001,250 N/A 14,001,250 14,001,250
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 1,238,040 N/A 1,238,040 1,238,040
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 748,730 N/A 748,730 748,730
D2. REAL PROP:FARM & RANCH 127,810 N/A 127,810 127,810
E. REAL PROP NONQUAL ACREAGE 2,121,350 N/A 2,121,350 2,121,350
F1. COMMERCIAL REAL 308,510 N/A 308,510 308,510
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 682,750 N/A 682,750 682,750
L1. COMMERCIAL PERSONAL 49,650 N/A 49,650 49,650
L2. INDUSTRIAL PERSONAL 203,000 N/A 203,000 203,000
M. MOBILE HOMES 663,850 N/A 663,850 663,850
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 20,144,940 0 20,144,940 20,144,940
Less Total Deductions 6,394,674 0 6,394,674 6,394,674
Total Taxable Value 13,750,266 0 13,750,266 13,750,266

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
14,916,556 13,750,266 14,916,556 13,750,266


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,166,290 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
14,916,556 13,750,266 14,916,556 13,750,266

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

230-903-02/Ore City ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 14,001,250 N/A 14,001,250 14,001,250
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 1,238,040 N/A 1,238,040 1,238,040
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 748,730 N/A 748,730 748,730
D2. REAL PROP:FARM & RANCH 127,810 N/A 127,810 127,810
E. REAL PROP NONQUAL ACREAGE 2,121,350 N/A 2,121,350 2,121,350
F1. COMMERCIAL REAL 308,510 N/A 308,510 308,510
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 682,750 N/A 682,750 682,750
L1. COMMERCIAL PERSONAL 49,650 N/A 49,650 49,650
L2. INDUSTRIAL PERSONAL 203,000 N/A 203,000 203,000
M. MOBILE HOMES 663,850 N/A 663,850 663,850
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 20,144,940 20,144,940 20,144,940
Less Total Deductions 6,394,674 6,394,674 6,394,674
Total Taxable Value 13,750,266 13,750,266 13,750,266

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
14,916,556 13,750,266 14,916,556 13,750,266


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,166,290 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
14,916,556 13,750,266 14,916,556 13,750,266

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