taxes Property Tax Assistance

2022 ISD Summary Worksheet

052-Crane /Crane County

052-901/Crane ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	142,802,720	0.8590	166,242,980	142,802,720
B - MULTIFAMILY	1,379,580	N/A	1,379,580	1,379,580
C1 - VACANT LOTS	7,772,820	N/A	7,772,820	7,772,820
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,419,846	1.0487	1,353,894	1,419,846
D2 - FARM & RANCH IMP	259,760	N/A	259,760	259,760
E - NON-AG LAND AND IMPROVEMENTS	13,978,880	N/A	13,978,880	13,978,880
F1 - COMMERCIAL REAL	14,430,750	N/A	14,430,750	14,430,750
F2 - INDUSTRIAL REAL	289,544,310	N/A	289,544,310	289,544,310
G - ALL MINERALS	837,558,090	1.0028	835,219,475	837,558,090
J - ALL UTILITIES	724,547,530	0.9180	789,267,462	724,547,530
L1 - COMMERCIAL PERSONAL	5,696,810	N/A	5,696,810	5,696,810
L2 - INDUSTRIAL PERSONAL	73,718,490	N/A	73,718,490	73,718,490
M1 - MOBILE HOMES	11,985,040	N/A	11,985,040	11,985,040
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	171,620	N/A	171,620	171,620
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	2,125,266,246	0	2,211,021,871	2,125,266,246
Less Total Deductions	179,886,675	0	187,095,094	179,886,675
Total Taxable Value	1,945,379,571	0	2,023,926,777	1,945,379,571

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
1,955,997,641	1,945,379,571	1,955,997,641	1,945,379,571	1,966,887,641

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
10,618,070	0	10,890,000

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
2,036,977,141	2,026,359,071	2,036,977,141	2,026,359,071	2,047,867,141

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

052-901-02/Crane ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	142,802,720	0.8590	166,242,980	142,802,720
B - MULTIFAMILY	1,379,580	N/A	1,379,580	1,379,580
C1 - VACANT LOTS	7,772,820	N/A	7,772,820	7,772,820
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	1,419,846	1.0487	1,353,894	1,419,846
D2 - FARM & RANCH IMP	259,760	N/A	259,760	259,760
E - NON-AG LAND AND IMPROVEMENTS	13,978,880	N/A	13,978,880	13,978,880
F1 - COMMERCIAL REAL	14,430,750	N/A	14,430,750	14,430,750
F2 - INDUSTRIAL REAL	289,544,310	N/A	289,544,310	289,544,310
G - ALL MINERALS	837,558,090	1.0028	835,219,475	837,558,090
J - ALL UTILITIES	724,547,530	0.9180	789,267,462	724,547,530
L1 - COMMERCIAL PERSONAL	5,696,810	N/A	5,696,810	5,696,810
L2 - INDUSTRIAL PERSONAL	73,718,490	N/A	73,718,490	73,718,490
M1 - MOBILE HOMES	11,985,040	N/A	11,985,040	11,985,040
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	171,620	N/A	171,620	171,620
S - SPECIAL INVENTORY	0	N/A	0	0
Subtotal	2,125,266,246		2,211,021,871	2,125,266,246
Less Total Deductions	179,886,675		187,095,094	179,886,675
Total Taxable Value	1,945,379,571		2,023,926,777	1,945,379,571

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
1,955,997,641	1,945,379,571	1,955,997,641	1,945,379,571	1,966,887,641

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
10,618,070	0	10,890,000

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
2,036,977,141	2,026,359,071	2,036,977,141	2,026,359,071	2,047,867,141

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