taxes Property Tax Assistance

2018 ISD Summary Worksheet

187/Polk

229-906/Chester ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 13,250,620 N/A 13,250,620 13,250,620
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 1,308,869 N/A 1,308,869 1,308,869
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 7,206,433 N/A 7,206,433 7,206,433
D2. Real Prop Farm & Ranch 1,514,301 N/A 1,514,301 1,514,301
E. Real Prop NonQual Acres 9,258,631 N/A 9,258,631 9,258,631
F1. Commercial Real 20,968 N/A 20,968 20,968
F2. Industrial Real 0 N/A 0 0
G. Oil, Gas, Minerals 4,880 N/A 4,880 4,880
J. Utilities 1,635,814 N/A 1,635,814 1,635,814
L1. Commercial Personal 0 N/A 0 0
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 1,648,299 N/A 1,648,299 1,648,299
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 35,848,815 35,848,815 35,848,815
Less Total Deductions 5,984,788   5,984,788 5,984,788
Total Taxable Value 29,864,027 29,864,027 29,864,027 T2

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
31,044,048 29,864,027 31,044,048 29,864,027


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,180,021 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
31,044,048 29,864,027 31,044,048 29,864,027

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

229/Tyler

229-906/Chester ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 14,206,399 .8193 17,339,679 17,339,679
B. Multi-Family Residences 54,415 N/A 54,415 54,415
C1. Vacant Lots 691,392 N/A 691,392 691,392
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 13,224,965 1.0320 12,814,565 12,814,565
D2. Real Prop Farm & Ranch 85,170 N/A 85,170 85,170
E. Real Prop NonQual Acres 14,647,895 .7120 20,572,886 20,572,886
F1. Commercial Real 692,490 N/A 692,490 692,490
F2. Industrial Real 20,869 N/A 20,869 20,869
G. Oil, Gas, Minerals 1,099,333 N/A 1,099,333 1,099,333
J. Utilities 4,343,682 N/A 4,343,682 4,343,682
L1. Commercial Personal 190,247 N/A 190,247 190,247
L2. Industrial Personal 583,500 N/A 583,500 583,500
M. Other Personal 674,080 N/A 674,080 674,080
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 50,514,437 59,162,308 59,162,308
Less Total Deductions 8,802,920   10,737,833 10,737,833
Total Taxable Value 41,711,517 48,424,475 48,424,475 T2

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
50,354,000 48,424,475 50,354,000 48,424,475


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,929,525 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
50,354,000 48,424,475 50,354,000 48,424,475

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 taxable value to be invalid, and state value was certified because your local value

did not exceed the state value and:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)

229-906/Chester ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 27,457,019 .8976 30,590,299 30,590,299
B. Multi-Family Residences 54,415 N/A 54,415 54,415
C1. Vacant Lots 2,000,261 N/A 2,000,261 2,000,261
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 20,431,398 1.0205 20,020,998 20,020,998
D2. Real Prop Farm & Ranch 1,599,471 N/A 1,599,471 1,599,471
E. Real Prop NonQual Acres 23,906,526 .8014 29,831,517 29,831,517
F1. Commercial Real 713,458 N/A 713,458 713,458
F2. Industrial Real 20,869 N/A 20,869 20,869
G. Oil, Gas, Minerals 1,104,213 N/A 1,104,213 1,104,213
J. Utilities 5,979,496 N/A 5,979,496 5,979,496
L1. Commercial Personal 190,247 N/A 190,247 190,247
L2. Industrial Personal 583,500 N/A 583,500 583,500
M. Other Personal 2,322,379 N/A 2,322,379 2,322,379
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 86,363,252 95,011,123 95,011,123
Less Total Deductions 14,787,708   16,722,621 16,722,621
Total Taxable Value 71,575,544 78,288,502 78,288,502 T2

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

Comptroller Of Public Accounts - Property Tax Division

2018 ISD Summary Worksheet

229-906/Chester ISD

Final Values Worksheet

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
81,398,048 78,288,502 81,398,048 78,288,502


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,109,546 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
81,398,048 78,288,502 81,398,048 78,288,502

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 taxable value to be invalid, and state value was certified because your local value

did not exceed the state value and:

1) was invalid in one or more of the previous two years or

2) is less than 90% of the lower end of the margin of error range or

3) The appraisal district that appraises property for the school district was not in compliance with the scoring requirement of the Comptroller's most recent review of the appraisal district conducted under section 5.102, Tax Code (MAP Review)