taxes Property Tax Assistance

2020 ISD Summary Worksheet

109-Hill /Hill County

109-910/Mount Calm ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 10,855,190 0.9321 11,645,950 10,855,190
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 521,030 N/A 521,030 521,030
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,298,991 1.6931 1,357,842 2,298,991
D2 - FARM & RANCH IMP 1,324,130 N/A 1,324,130 1,324,130
E - NON-AG LAND AND IMPROVEMENTS 19,954,992 0.9319 21,413,233 19,954,992
F1 - COMMERCIAL REAL 2,262,870 N/A 2,262,870 2,262,870
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 1,551,710 N/A 1,551,710 1,551,710
L1 - COMMERCIAL PERSONAL 748,960 N/A 748,960 748,960
L2 - INDUSTRIAL PERSONAL 806,200 N/A 806,200 806,200
M1 - MOBILE HOMES 1,059,070 N/A 1,059,070 1,059,070
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 41,383,143 0 42,690,995 41,383,143
Less Total Deductions 8,061,199 0 8,726,391 8,061,199
Total Taxable Value 33,321,944 0 33,964,604 33,321,944

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
34,947,871 33,321,944 34,947,871 33,321,944


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,625,927 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
34,947,871 33,321,944 34,947,871 33,321,944

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

147-Limestone /Limestone County

109-910/Mount Calm ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 536,170 N/A 536,170 536,170
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 3,350 N/A 3,350 3,350
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 368,139 N/A 368,139 368,139
D2 - FARM & RANCH IMP 576,300 N/A 576,300 576,300
E - NON-AG LAND AND IMPROVEMENTS 4,088,780 N/A 4,088,780 4,088,780
F1 - COMMERCIAL REAL 0 N/A 0 0
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 370,790 N/A 370,790 370,790
L1 - COMMERCIAL PERSONAL 3,995 N/A 3,995 3,995
L2 - INDUSTRIAL PERSONAL 24,150 N/A 24,150 24,150
M1 - MOBILE HOMES 217,440 N/A 217,440 217,440
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 6,189,114 0 6,189,114 6,189,114
Less Total Deductions 1,620,252 0 1,620,252 1,620,252
Total Taxable Value 4,568,862 0 4,568,862 4,568,862

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
4,905,172 4,568,862 4,905,172 4,568,862


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
336,310 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
4,905,172 4,568,862 4,905,172 4,568,862

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

109-910-02/Mount Calm ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 11,391,360 0.9351 12,182,120 11,391,360
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 524,380 N/A 524,380 524,380
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,667,130 1.5453 1,725,981 2,667,130
D2 - FARM & RANCH IMP 1,900,430 N/A 1,900,430 1,900,430
E - NON-AG LAND AND IMPROVEMENTS 24,043,772 0.9428 25,502,013 24,043,772
F1 - COMMERCIAL REAL 2,262,870 N/A 2,262,870 2,262,870
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 1,922,500 N/A 1,922,500 1,922,500
L1 - COMMERCIAL PERSONAL 752,955 N/A 752,955 752,955
L2 - INDUSTRIAL PERSONAL 830,350 N/A 830,350 830,350
M1 - MOBILE HOMES 1,276,510 N/A 1,276,510 1,276,510
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 47,572,257 48,880,109 47,572,257
Less Total Deductions 9,681,451 10,346,643 9,681,451
Total Taxable Value 37,890,806 38,533,466 37,890,806

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
39,853,043 37,890,806 39,853,043 37,890,806


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,962,237 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
39,853,043 37,890,806 39,853,043 37,890,806

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