taxes Property Tax Assistance

2020 ISD Summary Worksheet

176-Newton /Newton County

176-902/Newton ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 100,533,118 0.9198 109,298,889 100,533,118
B - MULTIFAMILY 1,151,635 N/A 1,151,635 1,151,635
C1 - VACANT LOTS 8,103,549 N/A 8,103,549 8,103,549
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 63,670,422 1.0241 62,174,775 63,670,422
D2 - FARM & RANCH IMP 589,785 N/A 589,785 589,785
E - NON-AG LAND AND IMPROVEMENTS 114,791,830 1.0086 113,813,038 114,791,830
F1 - COMMERCIAL REAL 14,465,979 N/A 14,465,979 14,465,979
F2 - INDUSTRIAL REAL 2,931,623 N/A 2,931,623 2,931,623
G - ALL MINERALS 39,693,933 1.0035 39,555,489 39,693,933
J - ALL UTILITIES 21,741,639 N/A 21,741,639 21,741,639
L1 - COMMERCIAL PERSONAL 5,305,126 N/A 5,305,126 5,305,126
L2 - INDUSTRIAL PERSONAL 7,084,590 N/A 7,084,590 7,084,590
M1 - MOBILE HOMES 20,370,943 N/A 20,370,943 20,370,943
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 6,098 N/A 6,098 6,098
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 400,440,270 0 406,593,158 400,440,270
Less Total Deductions 74,747,947 0 81,228,382 74,747,947
Total Taxable Value 325,692,323 0 325,364,776 325,692,323

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
338,080,023 325,692,323 325,294,836 312,907,136


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
12,387,700 12,785,187


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
338,080,023 325,692,323 325,294,836 312,907,136

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

176-902-02/Newton ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 100,533,118 0.9198 109,298,889 100,533,118
B - MULTIFAMILY 1,151,635 N/A 1,151,635 1,151,635
C1 - VACANT LOTS 8,103,549 N/A 8,103,549 8,103,549
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 63,670,422 1.0241 62,174,775 63,670,422
D2 - FARM & RANCH IMP 589,785 N/A 589,785 589,785
E - NON-AG LAND AND IMPROVEMENTS 114,791,830 1.0086 113,813,038 114,791,830
F1 - COMMERCIAL REAL 14,465,979 N/A 14,465,979 14,465,979
F2 - INDUSTRIAL REAL 2,931,623 N/A 2,931,623 2,931,623
G - ALL MINERALS 39,693,933 1.0035 39,555,489 39,693,933
J - ALL UTILITIES 21,741,639 N/A 21,741,639 21,741,639
L1 - COMMERCIAL PERSONAL 5,305,126 N/A 5,305,126 5,305,126
L2 - INDUSTRIAL PERSONAL 7,084,590 N/A 7,084,590 7,084,590
M1 - MOBILE HOMES 20,370,943 N/A 20,370,943 20,370,943
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 6,098 N/A 6,098 6,098
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 400,440,270 406,593,158 400,440,270
Less Total Deductions 74,747,947 81,228,382 74,747,947
Total Taxable Value 325,692,323 325,364,776 325,692,323

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
338,080,023 325,692,323 325,294,836 312,907,136


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
12,387,700 12,785,187


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
338,080,023 325,692,323 325,294,836 312,907,136

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