taxes Property Tax Assistance

2019 ISD Summary Worksheet

211-Sherman

171-902/Sunray ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	859,820	N/A	859,820	859,820
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	0	N/A	0	0
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	15,297,440	N/A	15,297,440	15,297,440
D2. REAL PROP:FARM & RANCH	3,043,500	N/A	3,043,500	3,043,500
E. REAL PROP NONQUAL ACREAGE	4,646,840	N/A	4,646,840	4,646,840
F1. COMMERCIAL REAL	19,220	N/A	19,220	19,220
F2. INDUSTRIAL REAL	5,980	N/A	5,980	5,980
G. OIL,GAS,MINERALS	13,422,940	N/A	13,422,940	13,422,940
J. UTILITIES	4,729,830	N/A	4,729,830	4,729,830
L1. COMMERCIAL PERSONAL	346,630	N/A	346,630	346,630
L2. INDUSTRIAL PERSONAL	0	N/A	0	0
M. MOBILE HOMES	59,320	N/A	59,320	59,320
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	42,431,520	0	42,431,520	42,431,520
Less Total Deductions	582,516	0	582,516	582,516
Total Taxable Value	41,849,004	0	41,849,004	41,849,004

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
42,018,194	41,849,004	42,018,194	41,849,004

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
169,190	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
42,018,194	41,849,004	42,018,194	41,849,004

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

171-902-02/Sunray ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	859,820	N/A	859,820	859,820
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	0	N/A	0	0
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	15,297,440	N/A	15,297,440	15,297,440
D2. REAL PROP:FARM & RANCH	3,043,500	N/A	3,043,500	3,043,500
E. REAL PROP NONQUAL ACREAGE	4,646,840	N/A	4,646,840	4,646,840
F1. COMMERCIAL REAL	19,220	N/A	19,220	19,220
F2. INDUSTRIAL REAL	5,980	N/A	5,980	5,980
G. OIL,GAS,MINERALS	13,422,940	N/A	13,422,940	13,422,940
J. UTILITIES	4,729,830	N/A	4,729,830	4,729,830
L1. COMMERCIAL PERSONAL	346,630	N/A	346,630	346,630
L2. INDUSTRIAL PERSONAL	0	N/A	0	0
M. MOBILE HOMES	59,320	N/A	59,320	59,320
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	42,431,520		42,431,520	42,431,520
Less Total Deductions	582,516		582,516	582,516
Total Taxable Value	41,849,004		41,849,004	41,849,004

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
42,018,194	41,849,004	42,018,194	41,849,004

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
169,190	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
42,018,194	41,849,004	42,018,194	41,849,004

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