taxes Property Tax Assistance

2021 ISD Summary Worksheet

111-Hood /Hood County

111-903/Tolar ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 50,611,580 N/A 50,611,580 50,611,580
B - MULTIFAMILY 1,808,660 N/A 1,808,660 1,808,660
C1 - VACANT LOTS 3,791,849 N/A 3,791,849 3,791,849
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,143,010 N/A 6,143,010 6,143,010
D2 - FARM & RANCH IMP 6,014,000 N/A 6,014,000 6,014,000
E - NON-AG LAND AND IMPROVEMENTS 182,828,681 N/A 182,828,681 182,828,681
F1 - COMMERCIAL REAL 10,660,700 N/A 10,660,700 10,660,700
F2 - INDUSTRIAL REAL 1,257,100 N/A 1,257,100 1,257,100
G - ALL MINERALS 8,048,550 N/A 8,048,550 8,048,550
J - ALL UTILITIES 46,016,180 N/A 46,016,180 46,016,180
L1 - COMMERCIAL PERSONAL 4,753,700 N/A 4,753,700 4,753,700
L2 - INDUSTRIAL PERSONAL 4,455,640 N/A 4,455,640 4,455,640
M1 - MOBILE HOMES 3,195,360 N/A 3,195,360 3,195,360
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 110,840 N/A 110,840 110,840
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 329,695,850 0 329,695,850 329,695,850
Less Total Deductions 42,163,217 0 42,163,217 42,163,217
Total Taxable Value 287,532,633 0 287,532,633 287,532,633

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
294,112,773 287,532,633 294,112,773 287,532,633


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,580,140 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
294,112,773 287,532,633 294,112,773 287,532,633

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

111-903-02/Tolar ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 50,611,580 N/A 50,611,580 50,611,580
B - MULTIFAMILY 1,808,660 N/A 1,808,660 1,808,660
C1 - VACANT LOTS 3,791,849 N/A 3,791,849 3,791,849
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,143,010 N/A 6,143,010 6,143,010
D2 - FARM & RANCH IMP 6,014,000 N/A 6,014,000 6,014,000
E - NON-AG LAND AND IMPROVEMENTS 182,828,681 N/A 182,828,681 182,828,681
F1 - COMMERCIAL REAL 10,660,700 N/A 10,660,700 10,660,700
F2 - INDUSTRIAL REAL 1,257,100 N/A 1,257,100 1,257,100
G - ALL MINERALS 8,048,550 N/A 8,048,550 8,048,550
J - ALL UTILITIES 46,016,180 N/A 46,016,180 46,016,180
L1 - COMMERCIAL PERSONAL 4,753,700 N/A 4,753,700 4,753,700
L2 - INDUSTRIAL PERSONAL 4,455,640 N/A 4,455,640 4,455,640
M1 - MOBILE HOMES 3,195,360 N/A 3,195,360 3,195,360
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 110,840 N/A 110,840 110,840
S - SPECIAL INVENTORY 0 N/A 0 0
Subtotal 329,695,850 329,695,850 329,695,850
Less Total Deductions 42,163,217 42,163,217 42,163,217
Total Taxable Value 287,532,633 287,532,633 287,532,633

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
294,112,773 287,532,633 294,112,773 287,532,633


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
6,580,140 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
294,112,773 287,532,633 294,112,773 287,532,633

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