taxes Property Tax Assistance

2020 ISD Summary Worksheet

252-Young

252-902/Newcastle ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	5,050,430	N/A	5,050,430	5,050,430
B - MULTIFAMILY	324,780	N/A	324,780	324,780
C1 - VACANT LOTS	249,546	N/A	249,546	249,546
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	10,525,745	N/A	10,525,745	10,525,745
D2 - FARM & RANCH IMP	2,455,901	N/A	2,455,901	2,455,901
E - NON-AG LAND AND IMPROVEMENTS	31,839,064	N/A	31,839,064	31,839,064
F1 - COMMERCIAL REAL	2,390,970	N/A	2,390,970	2,390,970
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	15,205,400	N/A	15,205,400	15,205,400
J - ALL UTILITIES	19,671,900	N/A	19,671,900	19,671,900
L1 - COMMERCIAL PERSONAL	1,235,280	N/A	1,235,280	1,235,280
L2 - INDUSTRIAL PERSONAL	239,980	N/A	239,980	239,980
M1 - MOBILE HOMES	308,610	N/A	308,610	308,610
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	89,497,606	0	89,497,606	89,497,606
Less Total Deductions	9,210,668	0	9,210,668	9,210,668
Total Taxable Value	80,286,938	0	80,286,938	80,286,938

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
81,584,548	80,286,938	81,584,548	80,286,938

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,297,610	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
81,584,548	80,286,938	81,584,548	80,286,938

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

252-902-02/Newcastle ISD

Category	Local Tax Roll Value	2020 WTD Mean Ratio	2020 PTAD Value Estimate	2020 Value Assigned
A - SINGLE-FAMILY	5,050,430	N/A	5,050,430	5,050,430
B - MULTIFAMILY	324,780	N/A	324,780	324,780
C1 - VACANT LOTS	249,546	N/A	249,546	249,546
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	10,525,745	N/A	10,525,745	10,525,745
D2 - FARM & RANCH IMP	2,455,901	N/A	2,455,901	2,455,901
E - NON-AG LAND AND IMPROVEMENTS	31,839,064	N/A	31,839,064	31,839,064
F1 - COMMERCIAL REAL	2,390,970	N/A	2,390,970	2,390,970
F2 - INDUSTRIAL REAL	0	N/A	0	0
G - ALL MINERALS	15,205,400	N/A	15,205,400	15,205,400
J - ALL UTILITIES	19,671,900	N/A	19,671,900	19,671,900
L1 - COMMERCIAL PERSONAL	1,235,280	N/A	1,235,280	1,235,280
L2 - INDUSTRIAL PERSONAL	239,980	N/A	239,980	239,980
M1 - MOBILE HOMES	308,610	N/A	308,610	308,610
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	89,497,606		89,497,606	89,497,606
Less Total Deductions	9,210,668		9,210,668	9,210,668
Total Taxable Value	80,286,938		80,286,938	80,286,938

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
81,584,548	80,286,938	81,584,548	80,286,938

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
1,297,610	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
81,584,548	80,286,938	81,584,548	80,286,938

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