taxes Property Tax Assistance

2019 ISD Summary Worksheet

252-Young

252-903/Olney ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 51,091,754 0.9024 56,617,635 51,091,754
B. MULTIFAMILY RESIDENCES 1,123,380 N/A 1,123,380 1,123,380
C1. VACANT LOTS 1,047,853 N/A 1,047,853 1,047,853
D1. QUALIFIED AG LAND 8,911,433 1.0872 8,196,372 8,911,433
D2. REAL PROP:FARM & RANCH 2,133,772 N/A 2,133,772 2,133,772
E. REAL PROP NONQUAL ACREAGE 24,694,572 1.1116 22,215,340 24,694,572
F1. COMMERCIAL REAL 8,062,410 0.7919 10,181,096 8,062,410
F2. INDUSTRIAL REAL 14,066,170 N/A 14,066,170 14,066,170
G. OIL,GAS,MINERALS 9,717,970 1.0069 9,651,376 9,717,970
J. UTILITIES 17,688,710 N/A 17,688,710 17,688,710
L1. COMMERCIAL PERSONAL 4,956,050 N/A 4,956,050 4,956,050
L2. INDUSTRIAL PERSONAL 103,772,020 N/A 103,772,020 103,772,020
M. MOBILE HOMES 351,270 N/A 351,270 351,270
S. SPECIAL INVENTORY 73,500 N/A 73,500 73,500
Subtotal 247,690,864 0 252,074,544 247,690,864
Less Total Deductions 31,726,804 0 34,578,248 31,726,804
Total Taxable Value 215,964,060 0 217,496,296 215,964,060

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
222,156,384 215,964,060 222,156,384 215,964,060


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,192,324 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
222,156,384 215,964,060 222,156,384 215,964,060

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

252-903-02/Olney ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 51,091,754 0.9024 56,617,635 51,091,754
B. MULTIFAMILY RESIDENCES 1,123,380 N/A 1,123,380 1,123,380
C1. VACANT LOTS 1,047,853 N/A 1,047,853 1,047,853
D1. QUALIFIED AG LAND 8,911,433 1.0872 8,196,372 8,911,433
D2. REAL PROP:FARM & RANCH 2,133,772 N/A 2,133,772 2,133,772
E. REAL PROP NONQUAL ACREAGE 24,694,572 1.1116 22,215,340 24,694,572
F1. COMMERCIAL REAL 8,062,410 0.7919 10,181,096 8,062,410
F2. INDUSTRIAL REAL 14,066,170 N/A 14,066,170 14,066,170
G. OIL,GAS,MINERALS 9,717,970 1.0069 9,651,376 9,717,970
J. UTILITIES 17,688,710 N/A 17,688,710 17,688,710
L1. COMMERCIAL PERSONAL 4,956,050 N/A 4,956,050 4,956,050
L2. INDUSTRIAL PERSONAL 103,772,020 N/A 103,772,020 103,772,020
M. MOBILE HOMES 351,270 N/A 351,270 351,270
S. SPECIAL INVENTORY 73,500 N/A 73,500 73,500
Subtotal 247,690,864 252,074,544 247,690,864
Less Total Deductions 31,726,804 34,578,248 31,726,804
Total Taxable Value 215,964,060 217,496,296 215,964,060

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
222,156,384 215,964,060 222,156,384 215,964,060


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
6,192,324 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
222,156,384 215,964,060 222,156,384 215,964,060

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