taxes Property Tax Assistance

2019 ISD Summary Worksheet

195-Reeves

195-902/Balmorhea ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 10,670,290 N/A 10,670,290 10,670,290
C1. VACANT LOTS 1,329,970 N/A 1,329,970 1,329,970
D1. QUALIFIED AG LAND 2,550,352 N/A 2,550,352 2,550,352
D2. REAL PROP:FARM & RANCH 1,562,350 N/A 1,562,350 1,562,350
E. REAL PROP NONQUAL ACREAGE 8,730,672 N/A 8,730,672 8,730,672
F1. COMMERCIAL REAL 2,002,070 N/A 2,002,070 2,002,070
F2. INDUSTRIAL REAL 173,873,731 N/A 173,873,731 173,873,731
G. OIL,GAS,MINERALS 439,826,804 N/A 439,826,804 439,826,804
J. UTILITIES 15,343,875 N/A 15,343,875 15,343,875
L1. COMMERCIAL PERSONAL 1,948,472 N/A 1,948,472 1,948,472
L2. INDUSTRIAL PERSONAL 45,451,585 N/A 45,451,585 45,451,585
M. MOBILE HOMES 1,391,150 N/A 1,391,150 1,391,150
Subtotal 704,681,321 0 704,681,321 704,681,321
Less Total Deductions 19,031,208 0 19,031,208 19,031,208
Total Taxable Value 685,650,113 0 685,650,113 685,650,113

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
686,733,650 685,650,113 686,733,650 685,650,113


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,083,537 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
686,733,650 685,650,113 686,733,650 685,650,113

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

195-902-02/Balmorhea ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 10,670,290 N/A 10,670,290 10,670,290
C1. VACANT LOTS 1,329,970 N/A 1,329,970 1,329,970
D1. QUALIFIED AG LAND 2,550,352 N/A 2,550,352 2,550,352
D2. REAL PROP:FARM & RANCH 1,562,350 N/A 1,562,350 1,562,350
E. REAL PROP NONQUAL ACREAGE 8,730,672 N/A 8,730,672 8,730,672
F1. COMMERCIAL REAL 2,002,070 N/A 2,002,070 2,002,070
F2. INDUSTRIAL REAL 173,873,731 N/A 173,873,731 173,873,731
G. OIL,GAS,MINERALS 439,826,804 N/A 439,826,804 439,826,804
J. UTILITIES 15,343,875 N/A 15,343,875 15,343,875
L1. COMMERCIAL PERSONAL 1,948,472 N/A 1,948,472 1,948,472
L2. INDUSTRIAL PERSONAL 45,451,585 N/A 45,451,585 45,451,585
M. MOBILE HOMES 1,391,150 N/A 1,391,150 1,391,150
Subtotal 704,681,321 704,681,321 704,681,321
Less Total Deductions 19,031,208 19,031,208 19,031,208
Total Taxable Value 685,650,113 685,650,113 685,650,113

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
686,733,650 685,650,113 686,733,650 685,650,113


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,083,537 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
686,733,650 685,650,113 686,733,650 685,650,113

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