taxes Property Tax Assistance

2019 ISD Summary Worksheet

186-Pecos

186-903/Iraan-Sheffield ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 33,979,300 N/A 33,979,300 33,979,300
B. MULTIFAMILY RESIDENCES 42,940 N/A 42,940 42,940
C1. VACANT LOTS 337,820 N/A 337,820 337,820
D1. QUALIFIED AG LAND 3,899,410 0.5633 6,922,091 3,899,410
D2. REAL PROP:FARM & RANCH 4,402,420 N/A 4,402,420 4,402,420
E. REAL PROP NONQUAL ACREAGE 8,183,390 N/A 8,183,390 8,183,390
F1. COMMERCIAL REAL 7,370,290 N/A 7,370,290 7,370,290
F2. INDUSTRIAL REAL 177,635,390 N/A 177,635,390 177,635,390
G. OIL,GAS,MINERALS 739,781,670 1.0009 739,116,465 739,781,670
J. UTILITIES 94,219,200 1.0339 91,129,897 94,219,200
L1. COMMERCIAL PERSONAL 424,691,874 N/A 424,691,874 424,691,874
L2. INDUSTRIAL PERSONAL 49,909,150 N/A 49,909,150 49,909,150
M. MOBILE HOMES 3,073,970 N/A 3,073,970 3,073,970
Subtotal 1,547,526,824 0 1,546,794,997 1,547,526,824
Less Total Deductions 388,371,515 0 388,371,515 388,371,515
Total Taxable Value 1,159,155,309 0 1,158,423,482 1,159,155,309

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
1,162,162,509 1,159,155,309 1,159,950,569 1,156,943,369


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,007,200 2,211,940


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
1,538,510,509 1,535,503,309 1,536,298,569 1,533,291,369

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

186-903-02/Iraan-Sheffield ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 33,979,300 N/A 33,979,300 33,979,300
B. MULTIFAMILY RESIDENCES 42,940 N/A 42,940 42,940
C1. VACANT LOTS 337,820 N/A 337,820 337,820
D1. QUALIFIED AG LAND 3,899,410 0.5633 6,922,091 3,899,410
D2. REAL PROP:FARM & RANCH 4,402,420 N/A 4,402,420 4,402,420
E. REAL PROP NONQUAL ACREAGE 8,183,390 N/A 8,183,390 8,183,390
F1. COMMERCIAL REAL 7,370,290 N/A 7,370,290 7,370,290
F2. INDUSTRIAL REAL 177,635,390 N/A 177,635,390 177,635,390
G. OIL,GAS,MINERALS 739,781,670 1.0009 739,116,465 739,781,670
J. UTILITIES 94,219,200 1.0339 91,129,897 94,219,200
L1. COMMERCIAL PERSONAL 424,691,874 N/A 424,691,874 424,691,874
L2. INDUSTRIAL PERSONAL 49,909,150 N/A 49,909,150 49,909,150
M. MOBILE HOMES 3,073,970 N/A 3,073,970 3,073,970
Subtotal 1,547,526,824 1,546,794,997 1,547,526,824
Less Total Deductions 388,371,515 388,371,515 388,371,515
Total Taxable Value 1,159,155,309 1,158,423,482 1,159,155,309

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
1,162,162,509 1,159,155,309 1,159,950,569 1,156,943,369


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,007,200 2,211,940


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
1,538,510,509 1,535,503,309 1,536,298,569 1,533,291,369

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