taxes Property Tax Assistance

2020 ISD Summary Worksheet

127-Jones

221-904/Merkel ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	0	N/A	0	0
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	79,190	N/A	79,190	79,190
C2 - COLONIA LOTS	14,000	N/A	14,000	14,000
D1 ACRES - QUALIFIED OPEN-SPACE LAND	2,193,025	0.9699	2,261,072	2,193,025
D2 - FARM & RANCH IMP	750,830	N/A	750,830	750,830
E - NON-AG LAND AND IMPROVEMENTS	37,045,690	1.0726	34,538,216	37,045,690
F1 - COMMERCIAL REAL	356,930	N/A	356,930	356,930
F2 - INDUSTRIAL REAL	81,140	N/A	81,140	81,140
G - ALL MINERALS	2,109,770	1.0329	2,042,569	2,109,770
J - ALL UTILITIES	10,392,560	1.0411	9,982,288	10,392,560
L1 - COMMERCIAL PERSONAL	395,040	N/A	395,040	395,040
L2 - INDUSTRIAL PERSONAL	5,844,050	N/A	5,844,050	5,844,050
M1 - MOBILE HOMES	814,420	N/A	814,420	814,420
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	60,076,645	0	57,159,745	60,076,645
Less Total Deductions	11,558,081	0	11,558,081	11,558,081
Total Taxable Value	48,518,564	0	45,601,664	48,518,564

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
50,416,424	48,518,564	50,416,424	48,518,564

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,897,860	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
50,416,424	48,518,564	50,416,424	48,518,564

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

221-Taylor

221-904/Merkel ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	108,016,763	N/A	108,016,763	108,016,763
B - MULTIFAMILY	1,034,394	N/A	1,034,394	1,034,394
C1 - VACANT LOTS	5,569,477	N/A	5,569,477	5,569,477
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	10,170,247	N/A	10,170,247	10,170,247
D2 - FARM & RANCH IMP	1,218,363	N/A	1,218,363	1,218,363
E - NON-AG LAND AND IMPROVEMENTS	47,603,009	N/A	47,603,009	47,603,009
F1 - COMMERCIAL REAL	53,386,241	N/A	53,386,241	53,386,241
F2 - INDUSTRIAL REAL	64,421,284	N/A	64,421,284	64,421,284
G - ALL MINERALS	5,510,236	N/A	5,510,236	5,510,236
J - ALL UTILITIES	70,796,354	N/A	70,796,354	70,796,354
L1 - COMMERCIAL PERSONAL	63,858,594	N/A	63,858,594	63,858,594
L2 - INDUSTRIAL PERSONAL	15,509,372	N/A	15,509,372	15,509,372
M1 - MOBILE HOMES	6,014,957	N/A	6,014,957	6,014,957
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	1,307,135	N/A	1,307,135	1,307,135
Subtotal	454,416,426	0	454,416,426	454,416,426
Less Total Deductions	48,003,339	0	48,003,339	48,003,339
Total Taxable Value	406,413,087	0	406,413,087	406,413,087

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
415,936,630	406,413,087	415,936,630	406,413,087

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
9,523,543	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
415,936,630	406,413,087	415,936,630	406,413,087

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

221-904-02/Merkel ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	108,016,763	N/A	108,016,763	108,016,763
B - MULTIFAMILY	1,034,394	N/A	1,034,394	1,034,394
C1 - VACANT LOTS	5,648,667	N/A	5,648,667	5,648,667
C2 - COLONIA LOTS	14,000	N/A	14,000	14,000
D1 ACRES - QUALIFIED OPEN-SPACE LAND	12,363,272	0.9945	12,431,319	12,363,272
D2 - FARM & RANCH IMP	1,969,193	N/A	1,969,193	1,969,193
E - NON-AG LAND AND IMPROVEMENTS	84,648,699	1.0305	82,141,225	84,648,699
F1 - COMMERCIAL REAL	53,743,171	N/A	53,743,171	53,743,171
F2 - INDUSTRIAL REAL	64,502,424	N/A	64,502,424	64,502,424
G - ALL MINERALS	7,620,006	1.0089	7,552,805	7,620,006
J - ALL UTILITIES	81,188,914	1.0051	80,778,642	81,188,914
L1 - COMMERCIAL PERSONAL	64,253,634	N/A	64,253,634	64,253,634
L2 - INDUSTRIAL PERSONAL	21,353,422	N/A	21,353,422	21,353,422
M1 - MOBILE HOMES	6,829,377	N/A	6,829,377	6,829,377
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	1,307,135	N/A	1,307,135	1,307,135
Subtotal	514,493,071		511,576,171	514,493,071
Less Total Deductions	59,561,420		59,561,420	59,561,420
Total Taxable Value	454,931,651		452,014,751	454,931,651

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
466,353,054	454,931,651	466,353,054	454,931,651

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
11,421,403	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
466,353,054	454,931,651	466,353,054	454,931,651

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