taxes Property Tax Assistance

2019 ISD Summary Worksheet

225-Titus

172-905/Pewitt CISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	946,961	N/A	946,961	946,961
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	33,464	N/A	33,464	33,464
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	598,286	N/A	598,286	598,286
D2. REAL PROP:FARM & RANCH	593,069	N/A	593,069	593,069
E. REAL PROP NONQUAL ACREAGE	10,359,883	N/A	10,359,883	10,359,883
F1. COMMERCIAL REAL	218,891	N/A	218,891	218,891
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	5,312,250	N/A	5,312,250	5,312,250
L1. COMMERCIAL PERSONAL	0	N/A	0	0
L2. INDUSTRIAL PERSONAL	723,420	N/A	723,420	723,420
M. MOBILE HOMES	369,802	N/A	369,802	369,802
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	19,156,026	0	19,156,026	19,156,026
Less Total Deductions	3,084,039	0	3,084,039	3,084,039
Total Taxable Value	16,071,987	0	16,071,987	16,071,987

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
16,536,870	16,071,987	16,536,870	16,071,987

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
464,883	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
16,536,870	16,071,987	16,536,870	16,071,987

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

172-905-02/Pewitt CISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	946,961	N/A	946,961	946,961
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	33,464	N/A	33,464	33,464
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	598,286	N/A	598,286	598,286
D2. REAL PROP:FARM & RANCH	593,069	N/A	593,069	593,069
E. REAL PROP NONQUAL ACREAGE	10,359,883	N/A	10,359,883	10,359,883
F1. COMMERCIAL REAL	218,891	N/A	218,891	218,891
F2. INDUSTRIAL REAL	0	N/A	0	0
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	5,312,250	N/A	5,312,250	5,312,250
L1. COMMERCIAL PERSONAL	0	N/A	0	0
L2. INDUSTRIAL PERSONAL	723,420	N/A	723,420	723,420
M. MOBILE HOMES	369,802	N/A	369,802	369,802
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	19,156,026		19,156,026	19,156,026
Less Total Deductions	3,084,039		3,084,039	3,084,039
Total Taxable Value	16,071,987		16,071,987	16,071,987

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
16,536,870	16,071,987	16,536,870	16,071,987

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
464,883	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
16,536,870	16,071,987	16,536,870	16,071,987

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