taxes Property Tax Assistance

2021 ISD Summary Worksheet

026-Burleson /Burleson County

026-902/Somerville ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	169,723,493	N/A	169,723,493	169,723,493
B - MULTIFAMILY	966,344	N/A	966,344	966,344
C1 - VACANT LOTS	28,469,165	N/A	28,469,165	28,469,165
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	5,567,239	N/A	5,567,239	5,567,239
D2 - FARM & RANCH IMP	8,443,789	N/A	8,443,789	8,443,789
E - NON-AG LAND AND IMPROVEMENTS	110,235,308	N/A	110,235,308	110,235,308
F1 - COMMERCIAL REAL	25,378,115	N/A	25,378,115	25,378,115
F2 - INDUSTRIAL REAL	3,765,174	N/A	3,765,174	3,765,174
G - ALL MINERALS	18,708,640	N/A	18,708,640	18,708,640
J - ALL UTILITIES	28,089,206	N/A	28,089,206	28,089,206
L1 - COMMERCIAL PERSONAL	4,807,043	N/A	4,807,043	4,807,043
L2 - INDUSTRIAL PERSONAL	46,262,896	N/A	46,262,896	46,262,896
M1 - MOBILE HOMES	16,197,151	N/A	16,197,151	16,197,151
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	10,335	N/A	10,335	10,335
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	466,623,898	0	466,623,898	466,623,898
Less Total Deductions	86,292,938	0	86,292,938	86,292,938
Total Taxable Value	380,330,960	0	380,330,960	380,330,960

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
391,179,820	380,330,960	391,179,820	380,330,960

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
10,848,860	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
391,179,820	380,330,960	391,179,820	380,330,960

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

026-902-02/Somerville ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	169,723,493	N/A	169,723,493	169,723,493
B - MULTIFAMILY	966,344	N/A	966,344	966,344
C1 - VACANT LOTS	28,469,165	N/A	28,469,165	28,469,165
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	5,567,239	N/A	5,567,239	5,567,239
D2 - FARM & RANCH IMP	8,443,789	N/A	8,443,789	8,443,789
E - NON-AG LAND AND IMPROVEMENTS	110,235,308	N/A	110,235,308	110,235,308
F1 - COMMERCIAL REAL	25,378,115	N/A	25,378,115	25,378,115
F2 - INDUSTRIAL REAL	3,765,174	N/A	3,765,174	3,765,174
G - ALL MINERALS	18,708,640	N/A	18,708,640	18,708,640
J - ALL UTILITIES	28,089,206	N/A	28,089,206	28,089,206
L1 - COMMERCIAL PERSONAL	4,807,043	N/A	4,807,043	4,807,043
L2 - INDUSTRIAL PERSONAL	46,262,896	N/A	46,262,896	46,262,896
M1 - MOBILE HOMES	16,197,151	N/A	16,197,151	16,197,151
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	10,335	N/A	10,335	10,335
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	466,623,898		466,623,898	466,623,898
Less Total Deductions	86,292,938		86,292,938	86,292,938
Total Taxable Value	380,330,960		380,330,960	380,330,960

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
391,179,820	380,330,960	391,179,820	380,330,960

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
10,848,860	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
391,179,820	380,330,960	391,179,820	380,330,960

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