taxes Property Tax Assistance

2019 ISD Summary Worksheet

198-Robertson

198-906/Mumford ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	1,990,735	N/A	1,990,735	1,990,735
B. MULTIFAMILY RESIDENCES	2,310	N/A	2,310	2,310
C1. VACANT LOTS	152,120	N/A	152,120	152,120
D1. QUALIFIED AG LAND	6,392,141	0.9448	6,765,369	6,392,141
D2. REAL PROP:FARM & RANCH	1,481,991	N/A	1,481,991	1,481,991
E. REAL PROP NONQUAL ACREAGE	6,274,864	1.0340	6,068,534	6,274,864
F1. COMMERCIAL REAL	20,600	N/A	20,600	20,600
F2. INDUSTRIAL REAL	281,270	N/A	281,270	281,270
G. OIL,GAS,MINERALS	54,245,586	0.9962	54,452,506	54,245,586
J. UTILITIES	30,898,726	1.4974	20,634,918	30,898,726
L1. COMMERCIAL PERSONAL	11,925,991	N/A	11,925,991	11,925,991
L2. INDUSTRIAL PERSONAL	1,259,251	N/A	1,259,251	1,259,251
M. MOBILE HOMES	522,510	N/A	522,510	522,510
Subtotal	115,448,095	0	105,558,105	115,448,095
Less Total Deductions	2,654,593	0	2,654,593	2,654,593
Total Taxable Value	112,793,502	0	102,903,512	112,793,502

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
113,075,039	112,793,502	113,075,039	112,793,502

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
281,537	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
113,075,039	112,793,502	113,075,039	112,793,502

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 LOCAL VALUE IS GREATER THAN PTAD VALUE

198-906-02/Mumford ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	1,990,735	N/A	1,990,735	1,990,735
B. MULTIFAMILY RESIDENCES	2,310	N/A	2,310	2,310
C1. VACANT LOTS	152,120	N/A	152,120	152,120
D1. QUALIFIED AG LAND	6,392,141	0.9448	6,765,369	6,392,141
D2. REAL PROP:FARM & RANCH	1,481,991	N/A	1,481,991	1,481,991
E. REAL PROP NONQUAL ACREAGE	6,274,864	1.0340	6,068,534	6,274,864
F1. COMMERCIAL REAL	20,600	N/A	20,600	20,600
F2. INDUSTRIAL REAL	281,270	N/A	281,270	281,270
G. OIL,GAS,MINERALS	54,245,586	0.9962	54,452,506	54,245,586
J. UTILITIES	30,898,726	1.4974	20,634,918	30,898,726
L1. COMMERCIAL PERSONAL	11,925,991	N/A	11,925,991	11,925,991
L2. INDUSTRIAL PERSONAL	1,259,251	N/A	1,259,251	1,259,251
M. MOBILE HOMES	522,510	N/A	522,510	522,510
Subtotal	115,448,095		105,558,105	115,448,095
Less Total Deductions	2,654,593		2,654,593	2,654,593
Total Taxable Value	112,793,502		102,903,512	112,793,502

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
113,075,039	112,793,502	113,075,039	112,793,502

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
281,537	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
113,075,039	112,793,502	113,075,039	112,793,502

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