taxes Property Tax Assistance

2019 ISD Summary Worksheet

168-Mitchell

168-901/Colorado ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	110,648,180	0.9717	113,870,721	110,648,180
B. MULTIFAMILY RESIDENCES	2,440,010	N/A	2,440,010	2,440,010
C1. VACANT LOTS	4,170,218	N/A	4,170,218	4,170,218
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	20,911,015	0.6571	31,824,780	20,911,015
D2. REAL PROP:FARM & RANCH	3,497,114	N/A	3,497,114	3,497,114
E. REAL PROP NONQUAL ACREAGE	43,505,032	0.9945	43,745,633	43,505,032
F1. COMMERCIAL REAL	38,325,603	0.8925	42,941,852	38,325,603
F2. INDUSTRIAL REAL	1,130,470	N/A	1,130,470	1,130,470
G. OIL,GAS,MINERALS	38,843,085	0.9990	38,881,967	38,843,085
J. UTILITIES	156,231,540	1.1632	134,311,847	156,231,540
L1. COMMERCIAL PERSONAL	10,137,030	N/A	10,137,030	10,137,030
L2. INDUSTRIAL PERSONAL	14,290,500	N/A	14,290,500	14,290,500
M. MOBILE HOMES	1,612,080	N/A	1,612,080	1,612,080
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	239,270	N/A	239,270	239,270
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	445,981,147	0	443,093,492	445,981,147
Less Total Deductions	45,825,841	0	47,017,540	45,825,841
Total Taxable Value	400,155,306	0	396,075,952	400,155,306

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
410,156,854	400,155,306	410,156,854	400,155,306

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
10,001,548	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
410,156,854	400,155,306	410,156,854	400,155,306

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

168-901-02/Colorado ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	110,648,180	0.9717	113,870,721	110,648,180
B. MULTIFAMILY RESIDENCES	2,440,010	N/A	2,440,010	2,440,010
C1. VACANT LOTS	4,170,218	N/A	4,170,218	4,170,218
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	20,911,015	0.6571	31,824,780	20,911,015
D2. REAL PROP:FARM & RANCH	3,497,114	N/A	3,497,114	3,497,114
E. REAL PROP NONQUAL ACREAGE	43,505,032	0.9945	43,745,633	43,505,032
F1. COMMERCIAL REAL	38,325,603	0.8925	42,941,852	38,325,603
F2. INDUSTRIAL REAL	1,130,470	N/A	1,130,470	1,130,470
G. OIL,GAS,MINERALS	38,843,085	0.9990	38,881,967	38,843,085
J. UTILITIES	156,231,540	1.1632	134,311,847	156,231,540
L1. COMMERCIAL PERSONAL	10,137,030	N/A	10,137,030	10,137,030
L2. INDUSTRIAL PERSONAL	14,290,500	N/A	14,290,500	14,290,500
M. MOBILE HOMES	1,612,080	N/A	1,612,080	1,612,080
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	239,270	N/A	239,270	239,270
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	445,981,147		443,093,492	445,981,147
Less Total Deductions	45,825,841		47,017,540	45,825,841
Total Taxable Value	400,155,306		396,075,952	400,155,306

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
410,156,854	400,155,306	410,156,854	400,155,306

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
10,001,548	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
410,156,854	400,155,306	410,156,854	400,155,306

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