taxes Property Tax Assistance

2020 ISD Summary Worksheet

168-Mitchell /Mitchell County

168-903/Westbrook ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 35,916,410 N/A 35,916,410 35,916,410
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 868,921 N/A 868,921 868,921
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,381,152 N/A 12,381,152 12,381,152
D2 - FARM & RANCH IMP 958,152 N/A 958,152 958,152
E - NON-AG LAND AND IMPROVEMENTS 20,310,409 N/A 20,310,409 20,310,409
F1 - COMMERCIAL REAL 2,396,730 N/A 2,396,730 2,396,730
F2 - INDUSTRIAL REAL 80,740 N/A 80,740 80,740
G - ALL MINERALS 98,018,886 N/A 98,018,886 98,018,886
J - ALL UTILITIES 85,633,000 N/A 85,633,000 85,633,000
L1 - COMMERCIAL PERSONAL 627,850 N/A 627,850 627,850
L2 - INDUSTRIAL PERSONAL 5,148,960 N/A 5,148,960 5,148,960
M1 - MOBILE HOMES 734,970 N/A 734,970 734,970
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 263,076,180 0 263,076,180 263,076,180
Less Total Deductions 8,700,765 0 8,700,765 8,700,765
Total Taxable Value 254,375,415 0 254,375,415 254,375,415

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
256,529,478 254,375,415 256,529,478 254,375,415


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,154,063 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
256,529,478 254,375,415 256,529,478 254,375,415

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

168-903-02/Westbrook ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 35,916,410 N/A 35,916,410 35,916,410
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 868,921 N/A 868,921 868,921
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 12,381,152 N/A 12,381,152 12,381,152
D2 - FARM & RANCH IMP 958,152 N/A 958,152 958,152
E - NON-AG LAND AND IMPROVEMENTS 20,310,409 N/A 20,310,409 20,310,409
F1 - COMMERCIAL REAL 2,396,730 N/A 2,396,730 2,396,730
F2 - INDUSTRIAL REAL 80,740 N/A 80,740 80,740
G - ALL MINERALS 98,018,886 N/A 98,018,886 98,018,886
J - ALL UTILITIES 85,633,000 N/A 85,633,000 85,633,000
L1 - COMMERCIAL PERSONAL 627,850 N/A 627,850 627,850
L2 - INDUSTRIAL PERSONAL 5,148,960 N/A 5,148,960 5,148,960
M1 - MOBILE HOMES 734,970 N/A 734,970 734,970
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 263,076,180 263,076,180 263,076,180
Less Total Deductions 8,700,765 8,700,765 8,700,765
Total Taxable Value 254,375,415 254,375,415 254,375,415

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
256,529,478 254,375,415 256,529,478 254,375,415


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,154,063 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
256,529,478 254,375,415 256,529,478 254,375,415

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