taxes Property Tax Assistance

2022 ISD Summary Worksheet

075-Fayette /Fayette County

075-908/Round Top-Carmine ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 198,466,010 0.8298 239,173,307 198,466,010
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 18,549,680 N/A 18,549,680 18,549,680
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,184,897 1.0646 4,870,340 5,184,897
D2 - FARM & RANCH IMP 3,157,102 N/A 3,157,102 3,157,102
E - NON-AG LAND AND IMPROVEMENTS 372,149,094 0.9810 379,356,875 372,149,094
F1 - COMMERCIAL REAL 70,196,958 0.8608 81,548,511 70,196,958
F2 - INDUSTRIAL REAL 512,820 N/A 512,820 512,820
G - ALL MINERALS 89,584,260 1.0020 89,405,449 89,584,260
J - ALL UTILITIES 39,927,320 N/A 39,927,320 39,927,320
L1 - COMMERCIAL PERSONAL 5,503,840 N/A 5,503,840 5,503,840
L2 - INDUSTRIAL PERSONAL 15,475,550 N/A 15,475,550 15,475,550
M1 - MOBILE HOMES 1,564,700 N/A 1,564,700 1,564,700
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 820,272,231 0 879,045,494 820,272,231
Less Total Deductions 112,817,912 0 143,801,014 112,817,912
Total Taxable Value 707,454,319 0 735,244,480 707,454,319

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
716,156,932 707,454,319 694,500,808 685,798,195 723,356,932


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
8,702,613 21,656,124 7,200,000


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
716,156,932 707,454,319 694,500,808 685,798,195 723,356,932

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

075-908-02/Round Top-Carmine ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 198,466,010 0.8298 239,173,307 198,466,010
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 18,549,680 N/A 18,549,680 18,549,680
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,184,897 1.0646 4,870,340 5,184,897
D2 - FARM & RANCH IMP 3,157,102 N/A 3,157,102 3,157,102
E - NON-AG LAND AND IMPROVEMENTS 372,149,094 0.9810 379,356,875 372,149,094
F1 - COMMERCIAL REAL 70,196,958 0.8608 81,548,511 70,196,958
F2 - INDUSTRIAL REAL 512,820 N/A 512,820 512,820
G - ALL MINERALS 89,584,260 1.0020 89,405,449 89,584,260
J - ALL UTILITIES 39,927,320 N/A 39,927,320 39,927,320
L1 - COMMERCIAL PERSONAL 5,503,840 N/A 5,503,840 5,503,840
L2 - INDUSTRIAL PERSONAL 15,475,550 N/A 15,475,550 15,475,550
M1 - MOBILE HOMES 1,564,700 N/A 1,564,700 1,564,700
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 820,272,231 879,045,494 820,272,231
Less Total Deductions 112,817,912 143,801,014 112,817,912
Total Taxable Value 707,454,319 735,244,480 707,454,319

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
716,156,932 707,454,319 694,500,808 685,798,195 723,356,932


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
8,702,613 21,656,124 7,200,000


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
716,156,932 707,454,319 694,500,808 685,798,195 723,356,932

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