taxes Property Tax Assistance

2020 ISD Summary Worksheet

126-Johnson /Johnson County

126-901/Alvarado ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 582,699,778 N/A 582,699,778 582,699,778
B - MULTIFAMILY 10,641,668 N/A 10,641,668 10,641,668
C1 - VACANT LOTS 28,922,868 N/A 28,922,868 28,922,868
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,402,778 N/A 6,402,778 6,402,778
D2 - FARM & RANCH IMP 4,075,276 N/A 4,075,276 4,075,276
E - NON-AG LAND AND IMPROVEMENTS 324,416,711 N/A 324,416,711 324,416,711
F1 - COMMERCIAL REAL 151,500,409 N/A 151,500,409 151,500,409
F2 - INDUSTRIAL REAL 98,796,484 N/A 98,796,484 98,796,484
G - ALL MINERALS 118,567,774 N/A 118,567,774 118,567,774
J - ALL UTILITIES 80,321,861 N/A 80,321,861 80,321,861
L1 - COMMERCIAL PERSONAL 83,410,082 N/A 83,410,082 83,410,082
L2 - INDUSTRIAL PERSONAL 193,210,275 N/A 193,210,275 193,210,275
M1 - MOBILE HOMES 11,333,761 N/A 11,333,761 11,333,761
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 5,562,246 N/A 5,562,246 5,562,246
S - SPECIAL INVENTORY 23,565,169 N/A 23,565,169 23,565,169
Subtotal 1,723,427,140 0 1,723,427,140 1,723,427,140
Less Total Deductions 266,757,174 0 266,757,174 266,757,174
Total Taxable Value 1,456,669,966 0 1,456,669,966 1,456,669,966

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
1,491,156,550 1,456,669,966 1,491,156,550 1,456,669,966


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
34,486,584 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
1,491,156,550 1,456,669,966 1,491,156,550 1,456,669,966

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

126-901-02/Alvarado ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 582,699,778 N/A 582,699,778 582,699,778
B - MULTIFAMILY 10,641,668 N/A 10,641,668 10,641,668
C1 - VACANT LOTS 28,922,868 N/A 28,922,868 28,922,868
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,402,778 N/A 6,402,778 6,402,778
D2 - FARM & RANCH IMP 4,075,276 N/A 4,075,276 4,075,276
E - NON-AG LAND AND IMPROVEMENTS 324,416,711 N/A 324,416,711 324,416,711
F1 - COMMERCIAL REAL 151,500,409 N/A 151,500,409 151,500,409
F2 - INDUSTRIAL REAL 98,796,484 N/A 98,796,484 98,796,484
G - ALL MINERALS 118,567,774 N/A 118,567,774 118,567,774
J - ALL UTILITIES 80,321,861 N/A 80,321,861 80,321,861
L1 - COMMERCIAL PERSONAL 83,410,082 N/A 83,410,082 83,410,082
L2 - INDUSTRIAL PERSONAL 193,210,275 N/A 193,210,275 193,210,275
M1 - MOBILE HOMES 11,333,761 N/A 11,333,761 11,333,761
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 5,562,246 N/A 5,562,246 5,562,246
S - SPECIAL INVENTORY 23,565,169 N/A 23,565,169 23,565,169
Subtotal 1,723,427,140 1,723,427,140 1,723,427,140
Less Total Deductions 266,757,174 266,757,174 266,757,174
Total Taxable Value 1,456,669,966 1,456,669,966 1,456,669,966

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
1,491,156,550 1,456,669,966 1,491,156,550 1,456,669,966


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
34,486,584 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
1,491,156,550 1,456,669,966 1,491,156,550 1,456,669,966

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