taxes Property Tax Assistance

2022 ISD Summary Worksheet

037-Cherokee/Cherokee County

037-901/Alto ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	53,916,230	N/A	53,916,230	53,916,230
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	2,652,740	N/A	2,652,740	2,652,740
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	14,922,580	N/A	14,922,580	14,922,580
D2 - FARM & RANCH IMP	3,947,620	N/A	3,947,620	3,947,620
E - NON-AG LAND AND IMPROVEMENTS	108,124,090	N/A	108,124,090	108,124,090
F1 - COMMERCIAL REAL	12,342,760	N/A	12,342,760	12,342,760
F2 - INDUSTRIAL REAL	610,490	N/A	610,490	610,490
G - ALL MINERALS	12,864,435	N/A	12,864,435	12,864,435
J - ALL UTILITIES	13,758,700	N/A	13,758,700	13,758,700
L1 - COMMERCIAL PERSONAL	6,077,070	N/A	6,077,070	6,077,070
L2 - INDUSTRIAL PERSONAL	6,483,410	N/A	6,483,410	6,483,410
M1 - MOBILE HOMES	5,455,090	N/A	5,455,090	5,455,090
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	1,760,510	N/A	1,760,510	1,760,510
Subtotal	242,915,725	0	242,915,725	242,915,725
Less Total Deductions	56,126,762	0	56,126,762	56,126,762
Total Taxable Value	186,788,963	0	186,788,963	186,788,963

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	T13
193,688,875	186,788,963	193,688,875	186,788,963	201,368,875

Loss to the Increase in the State-Mandated Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
6,899,912	0	7,680,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
193,688,875	186,788,963	193,688,875	186,788,963	201,368,875

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

037-901-02/Alto ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	53,916,230	N/A	53,916,230	53,916,230
B - MULTIFAMILY	0	N/A	0	0
C1 - VACANT LOTS	2,652,740	N/A	2,652,740	2,652,740
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	14,922,580	N/A	14,922,580	14,922,580
D2 - FARM & RANCH IMP	3,947,620	N/A	3,947,620	3,947,620
E - NON-AG LAND AND IMPROVEMENTS	108,124,090	N/A	108,124,090	108,124,090
F1 - COMMERCIAL REAL	12,342,760	N/A	12,342,760	12,342,760
F2 - INDUSTRIAL REAL	610,490	N/A	610,490	610,490
G - ALL MINERALS	12,864,435	N/A	12,864,435	12,864,435
J - ALL UTILITIES	13,758,700	N/A	13,758,700	13,758,700
L1 - COMMERCIAL PERSONAL	6,077,070	N/A	6,077,070	6,077,070
L2 - INDUSTRIAL PERSONAL	6,483,410	N/A	6,483,410	6,483,410
M1 - MOBILE HOMES	5,455,090	N/A	5,455,090	5,455,090
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	0	N/A	0	0
S - SPECIAL INVENTORY	1,760,510	N/A	1,760,510	1,760,510
Subtotal	242,915,725		242,915,725	242,915,725
Less Total Deductions	56,126,762		56,126,762	56,126,762
Total Taxable Value	186,788,963		186,788,963	186,788,963

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	T13
193,688,875	186,788,963	193,688,875	186,788,963	201,368,875

Loss to the Increase in the State-Mandated Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption	Loss to the Previous Increase in the State-Mandated Homestead Exemption
6,899,912	0	7,680,000

T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the increase in the state-mandated 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7	T8	T9	T10	T14
193,688,875	186,788,963	193,688,875	186,788,963	201,368,875

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the increase in the state-mandated 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

T14 = T13 plus the loss to the chapter 313 agreement