taxes Property Tax Assistance

2020 ISD Summary Worksheet

034-Cass /Cass County

034-907/Queen City ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	62,056,850	0.9240	67,161,093	62,056,850
B - MULTIFAMILY	5,286,650	N/A	5,286,650	5,286,650
C1 - VACANT LOTS	2,738,120	N/A	2,738,120	2,738,120
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	7,116,718	1.0843	6,563,446	7,116,718
D2 - FARM & RANCH IMP	1,750,130	N/A	1,750,130	1,750,130
E - NON-AG LAND AND IMPROVEMENTS	107,965,201	0.9264	116,542,747	107,965,201
F1 - COMMERCIAL REAL	18,423,044	0.8879	20,749,008	18,423,044
F2 - INDUSTRIAL REAL	273,255,190	N/A	273,255,190	273,255,190
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	20,874,060	0.9101	22,936,007	20,874,060
L1 - COMMERCIAL PERSONAL	9,751,777	N/A	9,751,777	9,751,777
L2 - INDUSTRIAL PERSONAL	99,476,850	N/A	99,476,850	99,476,850
M1 - MOBILE HOMES	8,388,070	N/A	8,388,070	8,388,070
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	46,470	N/A	46,470	46,470
S - SPECIAL INVENTORY	452,270	N/A	452,270	452,270
Subtotal	617,581,400	0	635,097,828	617,581,400
Less Total Deductions	77,796,660	0	82,627,632	77,796,660
Total Taxable Value	539,784,740	0	552,470,196	539,784,740

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
551,711,046	539,784,740	540,163,653	528,237,347

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
11,926,306	11,547,393

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
551,711,046	539,784,740	540,163,653	528,237,347

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 TWO OF THE GRACE PERIOD

034-907-02/Queen City ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	62,056,850	0.9240	67,161,093	62,056,850
B - MULTIFAMILY	5,286,650	N/A	5,286,650	5,286,650
C1 - VACANT LOTS	2,738,120	N/A	2,738,120	2,738,120
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	7,116,718	1.0843	6,563,446	7,116,718
D2 - FARM & RANCH IMP	1,750,130	N/A	1,750,130	1,750,130
E - NON-AG LAND AND IMPROVEMENTS	107,965,201	0.9264	116,542,747	107,965,201
F1 - COMMERCIAL REAL	18,423,044	0.8879	20,749,008	18,423,044
F2 - INDUSTRIAL REAL	273,255,190	N/A	273,255,190	273,255,190
G - ALL MINERALS	0	N/A	0	0
J - ALL UTILITIES	20,874,060	0.9101	22,936,007	20,874,060
L1 - COMMERCIAL PERSONAL	9,751,777	N/A	9,751,777	9,751,777
L2 - INDUSTRIAL PERSONAL	99,476,850	N/A	99,476,850	99,476,850
M1 - MOBILE HOMES	8,388,070	N/A	8,388,070	8,388,070
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	46,470	N/A	46,470	46,470
S - SPECIAL INVENTORY	452,270	N/A	452,270	452,270
Subtotal	617,581,400		635,097,828	617,581,400
Less Total Deductions	77,796,660		82,627,632	77,796,660
Total Taxable Value	539,784,740		552,470,196	539,784,740

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
551,711,046	539,784,740	540,163,653	528,237,347

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
11,926,306	11,547,393

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
551,711,046	539,784,740	540,163,653	528,237,347

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