taxes Property Tax Assistance

2020 ISD Summary Worksheet

039-Clay /Clay County

039-903/Petrolia CISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	81,433,820	0.9369	86,918,369	81,433,820
B - MULTIFAMILY	321,270	N/A	321,270	321,270
C1 - VACANT LOTS	3,046,030	N/A	3,046,030	3,046,030
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	13,640,589	1.0652	12,806,018	13,640,589
D2 - FARM & RANCH IMP	2,967,840	N/A	2,967,840	2,967,840
E - NON-AG LAND AND IMPROVEMENTS	36,876,060	1.0092	36,539,893	36,876,060
F1 - COMMERCIAL REAL	3,356,530	N/A	3,356,530	3,356,530
F2 - INDUSTRIAL REAL	25,180	N/A	25,180	25,180
G - ALL MINERALS	1,401,820	N/A	1,401,820	1,401,820
J - ALL UTILITIES	43,428,850	0.9961	43,598,886	43,428,850
L1 - COMMERCIAL PERSONAL	2,437,620	N/A	2,437,620	2,437,620
L2 - INDUSTRIAL PERSONAL	289,250	N/A	289,250	289,250
M1 - MOBILE HOMES	2,986,200	N/A	2,986,200	2,986,200
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	37,290	N/A	37,290	37,290
Subtotal	192,248,349	0	196,732,196	192,248,349
Less Total Deductions	35,587,900	0	37,635,366	35,587,900
Total Taxable Value	156,660,449	0	159,096,830	156,660,449

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
163,461,404	156,660,449	163,461,404	156,660,449

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
6,800,955	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
163,461,404	156,660,449	163,461,404	156,660,449

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

039-903-02/Petrolia CISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	81,433,820	0.9369	86,918,369	81,433,820
B - MULTIFAMILY	321,270	N/A	321,270	321,270
C1 - VACANT LOTS	3,046,030	N/A	3,046,030	3,046,030
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	13,640,589	1.0652	12,806,018	13,640,589
D2 - FARM & RANCH IMP	2,967,840	N/A	2,967,840	2,967,840
E - NON-AG LAND AND IMPROVEMENTS	36,876,060	1.0092	36,539,893	36,876,060
F1 - COMMERCIAL REAL	3,356,530	N/A	3,356,530	3,356,530
F2 - INDUSTRIAL REAL	25,180	N/A	25,180	25,180
G - ALL MINERALS	1,401,820	N/A	1,401,820	1,401,820
J - ALL UTILITIES	43,428,850	0.9961	43,598,886	43,428,850
L1 - COMMERCIAL PERSONAL	2,437,620	N/A	2,437,620	2,437,620
L2 - INDUSTRIAL PERSONAL	289,250	N/A	289,250	289,250
M1 - MOBILE HOMES	2,986,200	N/A	2,986,200	2,986,200
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	37,290	N/A	37,290	37,290
Subtotal	192,248,349		196,732,196	192,248,349
Less Total Deductions	35,587,900		37,635,366	35,587,900
Total Taxable Value	156,660,449		159,096,830	156,660,449

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
163,461,404	156,660,449	163,461,404	156,660,449

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
6,800,955	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
163,461,404	156,660,449	163,461,404	156,660,449

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