taxes Property Tax Assistance

2019 ISD Summary Worksheet

180-Oldham

180-902/Vega ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	34,908,305	N/A	34,908,305	34,908,305
C1. VACANT LOTS	2,009,940	N/A	2,009,940	2,009,940
D1. QUALIFIED AG LAND	17,657,220	N/A	17,657,220	17,657,220
D2. REAL PROP:FARM & RANCH	2,972,250	N/A	2,972,250	2,972,250
E. REAL PROP NONQUAL ACREAGE	14,860,890	N/A	14,860,890	14,860,890
F1. COMMERCIAL REAL	11,397,238	N/A	11,397,238	11,397,238
F2. INDUSTRIAL REAL	286,567,760	N/A	286,567,760	286,567,760
G. OIL,GAS,MINERALS	1,284,550	N/A	1,284,550	1,284,550
J. UTILITIES	13,327,990	N/A	13,327,990	13,327,990
L1. COMMERCIAL PERSONAL	4,938,430	N/A	4,938,430	4,938,430
L2. INDUSTRIAL PERSONAL	12,207,760	N/A	12,207,760	12,207,760
M. MOBILE HOMES	579,992	N/A	579,992	579,992
Subtotal	402,712,325	0	402,712,325	402,712,325
Less Total Deductions	230,716,120	0	230,716,120	230,716,120
Total Taxable Value	171,996,205	0	171,996,205	171,996,205

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
174,315,129	171,996,205	174,315,129	171,996,205

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
2,318,924	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
390,276,659	387,957,735	390,276,659	387,957,735

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

180-902-02/Vega ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	34,908,305	N/A	34,908,305	34,908,305
C1. VACANT LOTS	2,009,940	N/A	2,009,940	2,009,940
D1. QUALIFIED AG LAND	17,657,220	N/A	17,657,220	17,657,220
D2. REAL PROP:FARM & RANCH	2,972,250	N/A	2,972,250	2,972,250
E. REAL PROP NONQUAL ACREAGE	14,860,890	N/A	14,860,890	14,860,890
F1. COMMERCIAL REAL	11,397,238	N/A	11,397,238	11,397,238
F2. INDUSTRIAL REAL	286,567,760	N/A	286,567,760	286,567,760
G. OIL,GAS,MINERALS	1,284,550	N/A	1,284,550	1,284,550
J. UTILITIES	13,327,990	N/A	13,327,990	13,327,990
L1. COMMERCIAL PERSONAL	4,938,430	N/A	4,938,430	4,938,430
L2. INDUSTRIAL PERSONAL	12,207,760	N/A	12,207,760	12,207,760
M. MOBILE HOMES	579,992	N/A	579,992	579,992
Subtotal	402,712,325		402,712,325	402,712,325
Less Total Deductions	230,716,120		230,716,120	230,716,120
Total Taxable Value	171,996,205		171,996,205	171,996,205

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
174,315,129	171,996,205	174,315,129	171,996,205

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
2,318,924	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
390,276,659	387,957,735	390,276,659	387,957,735

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