taxes Property Tax Assistance

2020 ISD Summary Worksheet

114-Howard /Howard County

114-904/Forsan ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	110,202,354	0.8562	128,710,995	110,202,354
B - MULTIFAMILY	95,466	N/A	95,466	95,466
C1 - VACANT LOTS	6,019,012	N/A	6,019,012	6,019,012
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	2,826,702	1.0762	2,626,601	2,826,702
D2 - FARM & RANCH IMP	13,072,630	N/A	13,072,630	13,072,630
E - NON-AG LAND AND IMPROVEMENTS	31,569,149	0.9563	33,011,763	31,569,149
F1 - COMMERCIAL REAL	18,482,464	N/A	18,482,464	18,482,464
F2 - INDUSTRIAL REAL	135,914,764	N/A	135,914,764	135,914,764
G - ALL MINERALS	262,618,380	0.9952	263,885,028	262,618,380
J - ALL UTILITIES	97,938,166	0.9555	102,499,389	97,938,166
L1 - COMMERCIAL PERSONAL	2,402,224	N/A	2,402,224	2,402,224
L2 - INDUSTRIAL PERSONAL	42,651,919	N/A	42,651,919	42,651,919
M1 - MOBILE HOMES	383,357	N/A	383,357	383,357
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	20,462	N/A	20,462	20,462
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	724,197,049	0	749,776,074	724,197,049
Less Total Deductions	38,665,147	0	44,455,381	38,665,147
Total Taxable Value	685,531,902	0	705,320,693	685,531,902

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
691,511,756	685,531,902	681,930,575	675,950,721

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
5,979,854	9,581,181

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
691,511,756	685,531,902	681,930,575	675,950,721

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

168-Mitchell /Mitchell County

114-904/Forsan ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	0	N/A	0	0
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	0	N/A	0	0
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	941,840	N/A	941,840	941,840
D2 - FARM & RANCH IMP	25,690	N/A	25,690	25,690
E - NON-AG LAND AND IMPROVEMENTS	115,580	N/A	115,580	115,580
F1 - COMMERCIAL REAL	0	N/A	0	0
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	167,431	N/A	167,431	167,431
J - ALL UTILITIES	1,891,190	N/A	1,891,190	1,891,190
L1 - COMMERCIAL PERSONAL	0	N/A	0	0
L2 - INDUSTRIAL PERSONAL	0	N/A	0	0
M1 - MOBILE HOMES	18,690	N/A	18,690	18,690
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	3,160,421	0	3,160,421	3,160,421
Less Total Deductions	1,554,801	0	1,554,801	1,554,801
Total Taxable Value	1,605,620	0	1,605,620	1,605,620

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
1,605,620	1,605,620	1,605,620	1,605,620

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
0	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
1,605,620	1,605,620	1,605,620	1,605,620

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

114-904-02/Forsan ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	110,202,354	0.8562	128,710,995	110,202,354
B - MULTIFAMILY	95,466	N/A	95,466	95,466
C1 - VACANT LOTS	6,019,012	N/A	6,019,012	6,019,012
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	3,768,542	1.0561	3,568,441	3,768,542
D2 - FARM & RANCH IMP	13,098,320	N/A	13,098,320	13,098,320
E - NON-AG LAND AND IMPROVEMENTS	31,684,729	0.9565	33,127,343	31,684,729
F1 - COMMERCIAL REAL	18,482,464	N/A	18,482,464	18,482,464
F2 - INDUSTRIAL REAL	135,914,764	N/A	135,914,764	135,914,764
G - ALL MINERALS	262,785,811	0.9952	264,052,459	262,785,811
J - ALL UTILITIES	99,829,356	0.9563	104,390,579	99,829,356
L1 - COMMERCIAL PERSONAL	2,402,224	N/A	2,402,224	2,402,224
L2 - INDUSTRIAL PERSONAL	42,651,919	N/A	42,651,919	42,651,919
M1 - MOBILE HOMES	402,047	N/A	402,047	402,047
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	20,462	N/A	20,462	20,462
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	727,357,470		752,936,495	727,357,470
Less Total Deductions	40,219,948		46,010,182	40,219,948
Total Taxable Value	687,137,522		706,926,313	687,137,522

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
693,117,376	687,137,522	683,536,195	677,556,341

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
5,979,854	9,581,181

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
693,117,376	687,137,522	683,536,195	677,556,341

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