taxes Property Tax Assistance

2021 ISD Summary Worksheet

127-Jones /Jones County

221-904/Merkel ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	0	N/A	0	0
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	61,750	N/A	61,750	61,750
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	2,778,787	N/A	2,778,787	2,778,787
D2 - FARM & RANCH IMP	612,040	N/A	612,040	612,040
E - NON-AG LAND AND IMPROVEMENTS	41,430,820	N/A	41,430,820	41,430,820
F1 - COMMERCIAL REAL	360,570	N/A	360,570	360,570
F2 - INDUSTRIAL REAL	75,260	N/A	75,260	75,260
G - ALL MINERALS	1,383,760	N/A	1,383,760	1,383,760
J - ALL UTILITIES	9,145,040	N/A	9,145,040	9,145,040
L1 - COMMERCIAL PERSONAL	309,050	N/A	309,050	309,050
L2 - INDUSTRIAL PERSONAL	4,415,390	N/A	4,415,390	4,415,390
M1 - MOBILE HOMES	981,200	N/A	981,200	981,200
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	61,553,667	0	61,553,667	61,553,667
Less Total Deductions	12,270,560	0	12,270,560	12,270,560
Total Taxable Value	49,283,107	0	49,283,107	49,283,107

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
51,230,297	49,283,107	51,230,297	49,283,107

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,947,190	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
51,230,297	49,283,107	51,230,297	49,283,107

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 /Taylor County

221-904/Merkel ISD

Category	Local Tax Roll Value	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	122,734,443	0.9186	133,610,323	122,734,443
B - MULTIFAMILY	1,083,314	N/A	1,083,314	1,083,314
C1 - VACANT LOTS	5,898,602	N/A	5,898,602	5,898,602
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	10,070,616	0.9927	10,144,392	10,070,616
D2 - FARM & RANCH IMP	1,254,037	N/A	1,254,037	1,254,037
E - NON-AG LAND AND IMPROVEMENTS	57,240,549	0.9179	62,360,332	57,240,549
F1 - COMMERCIAL REAL	57,020,790	1.0243	55,668,056	57,020,790
F2 - INDUSTRIAL REAL	56,112,711	N/A	56,112,711	56,112,711
G - ALL MINERALS	3,872,812	N/A	3,872,812	3,872,812
J - ALL UTILITIES	84,556,289	0.9474	89,250,886	84,556,289
L1 - COMMERCIAL PERSONAL	53,130,333	1.0039	52,923,930	53,130,333
L2 - INDUSTRIAL PERSONAL	13,665,156	N/A	13,665,156	13,665,156
M1 - MOBILE HOMES	6,090,402	N/A	6,090,402	6,090,402
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	1,153,322	N/A	1,153,322	1,153,322
Subtotal	473,883,376	0	493,088,275	473,883,376
Less Total Deductions	55,506,284	0	59,898,953	55,506,284
Total Taxable Value	418,377,092	0	433,189,322	418,377,092

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
428,059,537	418,377,092	428,059,537	418,377,092

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
9,682,445	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
428,059,537	418,377,092	428,059,537	418,377,092

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	2021 WTD Mean Ratio	2021 PTAD Value Estimate	2021 Value Assigned
A - SINGLE-FAMILY	122,734,443	0.9186	133,610,323	122,734,443
B - MULTIFAMILY	1,083,314	N/A	1,083,314	1,083,314
C1 - VACANT LOTS	5,960,352	N/A	5,960,352	5,960,352
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	12,849,403	0.9943	12,923,179	12,849,403
D2 - FARM & RANCH IMP	1,866,077	N/A	1,866,077	1,866,077
E - NON-AG LAND AND IMPROVEMENTS	98,671,369	0.9507	103,791,152	98,671,369
F1 - COMMERCIAL REAL	57,381,360	1.0241	56,028,626	57,381,360
F2 - INDUSTRIAL REAL	56,187,971	N/A	56,187,971	56,187,971
G - ALL MINERALS	5,256,572	N/A	5,256,572	5,256,572
J - ALL UTILITIES	93,701,329	0.9523	98,395,926	93,701,329
L1 - COMMERCIAL PERSONAL	53,439,383	1.0039	53,232,980	53,439,383
L2 - INDUSTRIAL PERSONAL	18,080,546	N/A	18,080,546	18,080,546
M1 - MOBILE HOMES	7,071,602	N/A	7,071,602	7,071,602
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	1,153,322	N/A	1,153,322	1,153,322
Subtotal	535,437,043		554,641,942	535,437,043
Less Total Deductions	67,776,844		72,169,513	67,776,844
Total Taxable Value	467,660,199		482,472,429	467,660,199

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
479,289,834	467,660,199	479,289,834	467,660,199

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
11,629,635	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
479,289,834	467,660,199	479,289,834	467,660,199

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