taxes Property Tax Assistance

2019 ISD Summary Worksheet

184-Parker

111-902/Lipan ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 432,040 N/A 432,040 432,040
D1. QUALIFIED AG LAND 549,530 N/A 549,530 549,530
D2. REAL PROP:FARM & RANCH 12,910 N/A 12,910 12,910
E. REAL PROP NONQUAL ACREAGE 3,427,980 N/A 3,427,980 3,427,980
G. OIL,GAS,MINERALS 81,640 N/A 81,640 81,640
J. UTILITIES 5,272,310 N/A 5,272,310 5,272,310
L1. COMMERCIAL PERSONAL 7,040 N/A 7,040 7,040
L2. INDUSTRIAL PERSONAL 8,750,000 N/A 8,750,000 8,750,000
M. MOBILE HOMES 28,820 N/A 28,820 28,820
Subtotal 18,562,270 0 18,562,270 18,562,270
Less Total Deductions 133,563 0 133,563 133,563
Total Taxable Value 18,428,707 0 18,428,707 18,428,707

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
18,468,707 18,428,707 18,468,707 18,428,707


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
40,000 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
18,468,707 18,428,707 18,468,707 18,428,707

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

111-902-02/Lipan ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 432,040 N/A 432,040 432,040
D1. QUALIFIED AG LAND 549,530 N/A 549,530 549,530
D2. REAL PROP:FARM & RANCH 12,910 N/A 12,910 12,910
E. REAL PROP NONQUAL ACREAGE 3,427,980 N/A 3,427,980 3,427,980
G. OIL,GAS,MINERALS 81,640 N/A 81,640 81,640
J. UTILITIES 5,272,310 N/A 5,272,310 5,272,310
L1. COMMERCIAL PERSONAL 7,040 N/A 7,040 7,040
L2. INDUSTRIAL PERSONAL 8,750,000 N/A 8,750,000 8,750,000
M. MOBILE HOMES 28,820 N/A 28,820 28,820
Subtotal 18,562,270 18,562,270 18,562,270
Less Total Deductions 133,563 133,563 133,563
Total Taxable Value 18,428,707 18,428,707 18,428,707

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
18,468,707 18,428,707 18,468,707 18,428,707


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
40,000 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
18,468,707 18,428,707 18,468,707 18,428,707

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