taxes Property Tax Assistance

2021 ISD Summary Worksheet

126-Johnson /Johnson County

126-901/Alvarado ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 699,827,484 0.9806 713,672,735 699,827,484
B - MULTIFAMILY 12,455,662 N/A 12,455,662 12,455,662
C1 - VACANT LOTS 38,001,987 N/A 38,001,987 38,001,987
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,251,365 1.4182 4,407,824 6,251,365
D2 - FARM & RANCH IMP 4,661,805 N/A 4,661,805 4,661,805
E - NON-AG LAND AND IMPROVEMENTS 524,651,101 1.0163 516,236,447 524,651,101
F1 - COMMERCIAL REAL 163,736,465 0.8837 185,285,125 163,736,465
F2 - INDUSTRIAL REAL 103,900,886 N/A 103,900,886 103,900,886
G - ALL MINERALS 103,443,180 1.0140 102,014,970 103,443,180
J - ALL UTILITIES 79,184,393 N/A 79,184,393 79,184,393
L1 - COMMERCIAL PERSONAL 93,842,144 1.0507 89,313,928 93,842,144
L2 - INDUSTRIAL PERSONAL 179,508,921 N/A 179,508,921 179,508,921
M1 - MOBILE HOMES 12,567,071 N/A 12,567,071 12,567,071
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 8,015,114 N/A 8,015,114 8,015,114
S - SPECIAL INVENTORY 27,718,638 N/A 27,718,638 27,718,638
Subtotal 2,057,766,216 0 2,076,945,506 2,057,766,216
Less Total Deductions 379,152,505 0 386,646,730 379,152,505
Total Taxable Value 1,678,613,711 0 1,690,298,776 1,678,613,711

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
1,713,849,488 1,678,613,711 1,713,849,488 1,678,613,711


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
35,235,777 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
1,713,849,488 1,678,613,711 1,713,849,488 1,678,613,711

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

126-901-02/Alvarado ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 699,827,484 0.9806 713,672,735 699,827,484
B - MULTIFAMILY 12,455,662 N/A 12,455,662 12,455,662
C1 - VACANT LOTS 38,001,987 N/A 38,001,987 38,001,987
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,251,365 1.4182 4,407,824 6,251,365
D2 - FARM & RANCH IMP 4,661,805 N/A 4,661,805 4,661,805
E - NON-AG LAND AND IMPROVEMENTS 524,651,101 1.0163 516,236,447 524,651,101
F1 - COMMERCIAL REAL 163,736,465 0.8837 185,285,125 163,736,465
F2 - INDUSTRIAL REAL 103,900,886 N/A 103,900,886 103,900,886
G - ALL MINERALS 103,443,180 1.0140 102,014,970 103,443,180
J - ALL UTILITIES 79,184,393 N/A 79,184,393 79,184,393
L1 - COMMERCIAL PERSONAL 93,842,144 1.0507 89,313,928 93,842,144
L2 - INDUSTRIAL PERSONAL 179,508,921 N/A 179,508,921 179,508,921
M1 - MOBILE HOMES 12,567,071 N/A 12,567,071 12,567,071
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 8,015,114 N/A 8,015,114 8,015,114
S - SPECIAL INVENTORY 27,718,638 N/A 27,718,638 27,718,638
Subtotal 2,057,766,216 2,076,945,506 2,057,766,216
Less Total Deductions 379,152,505 386,646,730 379,152,505
Total Taxable Value 1,678,613,711 1,690,298,776 1,678,613,711

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
1,713,849,488 1,678,613,711 1,713,849,488 1,678,613,711


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
35,235,777 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
1,713,849,488 1,678,613,711 1,713,849,488 1,678,613,711

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