taxes Property Tax Assistance

2019 ISD Summary Worksheet

250-Wood

250-905/Yantis ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 241,095,670 0.9163 263,118,706 241,095,670
B. MULTIFAMILY RESIDENCES 234,890 N/A 234,890 234,890
C1. VACANT LOTS 14,207,200 N/A 14,207,200 14,207,200
D1. QUALIFIED AG LAND 3,535,462 1.0446 3,384,385 3,535,462
D2. REAL PROP:FARM & RANCH 1,386,010 N/A 1,386,010 1,386,010
E. REAL PROP NONQUAL ACREAGE 98,877,969 0.9341 105,853,730 98,877,969
F1. COMMERCIAL REAL 13,638,230 N/A 13,638,230 13,638,230
G. OIL,GAS,MINERALS 18,198,900 N/A 18,198,900 18,198,900
J. UTILITIES 4,864,260 N/A 4,864,260 4,864,260
L1. COMMERCIAL PERSONAL 4,089,960 N/A 4,089,960 4,089,960
L2. INDUSTRIAL PERSONAL 1,109,010 N/A 1,109,010 1,109,010
M. MOBILE HOMES 2,005,820 N/A 2,005,820 2,005,820
O. RESIDENTIAL INVENTORY 292,110 N/A 292,110 292,110
S. SPECIAL INVENTORY 6,050 N/A 6,050 6,050
Subtotal 403,541,541 0 432,389,261 403,541,541
Less Total Deductions 63,240,272 0 77,081,853 63,240,272
Total Taxable Value 340,301,269 0 355,307,408 340,301,269

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
350,172,385 340,301,269 350,172,385 340,301,269


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,871,116 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
350,172,385 340,301,269 350,172,385 340,301,269

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 YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

250-905-02/Yantis ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 241,095,670 0.9163 263,118,706 241,095,670
B. MULTIFAMILY RESIDENCES 234,890 N/A 234,890 234,890
C1. VACANT LOTS 14,207,200 N/A 14,207,200 14,207,200
D1. QUALIFIED AG LAND 3,535,462 1.0446 3,384,385 3,535,462
D2. REAL PROP:FARM & RANCH 1,386,010 N/A 1,386,010 1,386,010
E. REAL PROP NONQUAL ACREAGE 98,877,969 0.9341 105,853,730 98,877,969
F1. COMMERCIAL REAL 13,638,230 N/A 13,638,230 13,638,230
G. OIL,GAS,MINERALS 18,198,900 N/A 18,198,900 18,198,900
J. UTILITIES 4,864,260 N/A 4,864,260 4,864,260
L1. COMMERCIAL PERSONAL 4,089,960 N/A 4,089,960 4,089,960
L2. INDUSTRIAL PERSONAL 1,109,010 N/A 1,109,010 1,109,010
M. MOBILE HOMES 2,005,820 N/A 2,005,820 2,005,820
O. RESIDENTIAL INVENTORY 292,110 N/A 292,110 292,110
S. SPECIAL INVENTORY 6,050 N/A 6,050 6,050
Subtotal 403,541,541 432,389,261 403,541,541
Less Total Deductions 63,240,272 77,081,853 63,240,272
Total Taxable Value 340,301,269 355,307,408 340,301,269

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
350,172,385 340,301,269 350,172,385 340,301,269


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
9,871,116 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
350,172,385 340,301,269 350,172,385 340,301,269

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