taxes Property Tax Assistance

2020 ISD Summary Worksheet

034-Cass

034-906/McLeod ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 5,884,410 N/A 5,884,410 5,884,410
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 52,080 N/A 52,080 52,080
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,345,910 N/A 4,345,910 4,345,910
D2 - FARM & RANCH IMP 537,930 N/A 537,930 537,930
E - NON-AG LAND AND IMPROVEMENTS 22,472,867 N/A 22,472,867 22,472,867
F1 - COMMERCIAL REAL 364,040 N/A 364,040 364,040
F2 - INDUSTRIAL REAL 70,270 N/A 70,270 70,270
G - ALL MINERALS 6,093,194 N/A 6,093,194 6,093,194
J - ALL UTILITIES 2,190,100 N/A 2,190,100 2,190,100
L1 - COMMERCIAL PERSONAL 573,890 N/A 573,890 573,890
L2 - INDUSTRIAL PERSONAL 194,270 N/A 194,270 194,270
M1 - MOBILE HOMES 2,122,240 N/A 2,122,240 2,122,240
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 44,901,201 0 44,901,201 44,901,201
Less Total Deductions 8,459,316 0 8,459,316 8,459,316
Total Taxable Value 36,441,885 0 36,441,885 36,441,885

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
38,425,806 36,441,885 38,425,806 36,441,885


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,983,921 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
38,425,806 36,441,885 38,425,806 36,441,885

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

034-906-02/McLeod ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 5,884,410 N/A 5,884,410 5,884,410
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 52,080 N/A 52,080 52,080
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,345,910 N/A 4,345,910 4,345,910
D2 - FARM & RANCH IMP 537,930 N/A 537,930 537,930
E - NON-AG LAND AND IMPROVEMENTS 22,472,867 N/A 22,472,867 22,472,867
F1 - COMMERCIAL REAL 364,040 N/A 364,040 364,040
F2 - INDUSTRIAL REAL 70,270 N/A 70,270 70,270
G - ALL MINERALS 6,093,194 N/A 6,093,194 6,093,194
J - ALL UTILITIES 2,190,100 N/A 2,190,100 2,190,100
L1 - COMMERCIAL PERSONAL 573,890 N/A 573,890 573,890
L2 - INDUSTRIAL PERSONAL 194,270 N/A 194,270 194,270
M1 - MOBILE HOMES 2,122,240 N/A 2,122,240 2,122,240
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 44,901,201 44,901,201 44,901,201
Less Total Deductions 8,459,316 8,459,316 8,459,316
Total Taxable Value 36,441,885 36,441,885 36,441,885

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
38,425,806 36,441,885 38,425,806 36,441,885


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,983,921 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
38,425,806 36,441,885 38,425,806 36,441,885

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