taxes Property Tax Assistance

2023 ISD Summary Worksheet

145-Leon/Leon County

145-906/Normangee ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 202,421,260 0.9545 212,070,466 202,421,260
B - MULTIFAMILY 361,990 N/A 361,990 361,990
C1 - VACANT LOTS 17,370,720 N/A 17,370,720 17,370,720
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 4,560,636 1.5718 2,901,603 4,560,636
D2 - FARM & RANCH IMP 7,384,480 N/A 7,384,480 7,384,480
E - NON-AG LAND AND IMPROVEMENTS 144,375,380 1.0341 139,614,525 144,375,380
F1 - COMMERCIAL REAL 9,559,420 N/A 9,559,420 9,559,420
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 26,263,090 N/A 26,263,090 26,263,090
J - ALL UTILITIES 78,754,760 0.9552 82,448,451 78,754,760
L1 - COMMERCIAL PERSONAL 9,481,580 N/A 9,481,580 9,481,580
L2 - INDUSTRIAL PERSONAL 467,180 N/A 467,180 467,180
M1 - MOBILE HOMES 9,766,800 N/A 9,766,800 9,766,800
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 2,278,700 N/A 2,278,700 2,278,700
Subtotal 513,045,996 0 519,969,005 513,045,996
Less Total Deductions 194,055,511 0 201,027,862 194,055,511
Total Taxable Value 318,990,485 0 318,941,143 318,990,485

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

Measure Value Description
T1 370,426,065 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 318,990,485 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 352,988,675 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 301,553,095 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 387,331,065 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 398,601,065 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 348,803,461 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 370,426,065 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 318,990,485 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 352,988,675 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 301,553,095 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 387,331,065 T13 plus the loss to the chapter 313 agreement
T16 398,601,065 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 348,803,461 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 51,435,580 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 17,437,390 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 16,905,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 11,270,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED

154-Madison/Madison County

145-906/Normangee ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 3,974,060 N/A 3,974,060 3,974,060
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 339,760 N/A 339,760 339,760
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 2,256,680 N/A 2,256,680 2,256,680
D2 - FARM & RANCH IMP 6,850,390 N/A 6,850,390 6,850,390
E - NON-AG LAND AND IMPROVEMENTS 66,161,372 N/A 66,161,372 66,161,372
F1 - COMMERCIAL REAL 2,429,240 N/A 2,429,240 2,429,240
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 21,075,390 N/A 21,075,390 21,075,390
J - ALL UTILITIES 25,498,880 N/A 25,498,880 25,498,880
L1 - COMMERCIAL PERSONAL 1,100,860 N/A 1,100,860 1,100,860
L2 - INDUSTRIAL PERSONAL 164,010 N/A 164,010 164,010
M1 - MOBILE HOMES 1,525,840 N/A 1,525,840 1,525,840
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 430,050 N/A 430,050 430,050
Subtotal 131,806,532 0 131,806,532 131,806,532
Less Total Deductions 31,171,723 0 31,171,723 31,171,723
Total Taxable Value 100,634,809 0 100,634,809 100,634,809

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

Measure Value Description
T1 108,671,366 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 100,634,809 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 104,744,522 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 96,707,965 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 111,446,366 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 113,296,366 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 102,576,947 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 108,671,366 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 100,634,809 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 104,744,522 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 96,707,965 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 111,446,366 T13 plus the loss to the chapter 313 agreement
T16 113,296,366 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 102,576,947 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 8,036,557 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 3,926,844 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 2,775,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 1,850,000 Loss to Second Previous Homestead Increase

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

145-906-02/Normangee ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 206,395,320 0.9553 216,044,526 206,395,320
B - MULTIFAMILY 361,990 N/A 361,990 361,990
C1 - VACANT LOTS 17,710,480 N/A 17,710,480 17,710,480
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,817,316 1.3216 5,158,283 6,817,316
D2 - FARM & RANCH IMP 14,234,870 N/A 14,234,870 14,234,870
E - NON-AG LAND AND IMPROVEMENTS 210,536,752 1.0231 205,775,897 210,536,752
F1 - COMMERCIAL REAL 11,988,660 N/A 11,988,660 11,988,660
F2 - INDUSTRIAL REAL 0 N/A 0 0
G - ALL MINERALS 47,338,480 N/A 47,338,480 47,338,480
J - ALL UTILITIES 104,253,640 0.9658 107,947,331 104,253,640
L1 - COMMERCIAL PERSONAL 10,582,440 N/A 10,582,440 10,582,440
L2 - INDUSTRIAL PERSONAL 631,190 N/A 631,190 631,190
M1 - MOBILE HOMES 11,292,640 N/A 11,292,640 11,292,640
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 2,708,750 N/A 2,708,750 2,708,750
Subtotal 644,852,528 651,775,537 644,852,528
Less Total Deductions 225,227,234 232,199,585 225,227,234
Total Taxable Value 419,625,294 419,575,952 419,625,294

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

Measure Value Description
T1 479,097,431 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 419,625,294 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 457,733,197 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 398,261,060 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 498,777,431 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 511,897,431 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 451,380,408 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 479,097,431 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 419,625,294 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 457,733,197 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 398,261,060 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 498,777,431 T13 plus the loss to the chapter 313 agreement
T16 511,897,431 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 451,380,408 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 59,472,137 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 21,364,234 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 19,680,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 13,120,000 Loss to Second Previous Homestead Increase