taxes Property Tax Assistance

2020 ISD Summary Worksheet

161-McLennan /McLennan County

161-921/Connally ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 506,833,544 1.0087 502,462,124 506,833,544
B - MULTIFAMILY 53,465,552 0.8621 62,017,808 53,465,552
C1 - VACANT LOTS 17,995,592 N/A 17,995,592 17,995,592
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,330,660 1.2238 1,087,326 1,330,660
D2 - FARM & RANCH IMP 2,522,303 N/A 2,522,303 2,522,303
E - NON-AG LAND AND IMPROVEMENTS 78,140,335 1.1993 65,154,953 78,140,335
F1 - COMMERCIAL REAL 72,406,328 0.9107 79,506,235 72,406,328
F2 - INDUSTRIAL REAL 45,793,778 N/A 45,793,778 45,793,778
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 30,304,540 N/A 30,304,540 30,304,540
L1 - COMMERCIAL PERSONAL 57,263,930 1.0230 55,976,471 57,263,930
L2 - INDUSTRIAL PERSONAL 86,165,760 N/A 86,165,760 86,165,760
M1 - MOBILE HOMES 5,542,101 N/A 5,542,101 5,542,101
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,570,399 N/A 1,570,399 1,570,399
S - SPECIAL INVENTORY 6,291,720 N/A 6,291,720 6,291,720
Subtotal 965,626,542 0 962,391,110 965,626,542
Less Total Deductions 154,457,060 0 152,800,533 154,457,060
Total Taxable Value 811,169,482 0 809,590,577 811,169,482

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
834,670,852 811,169,482 834,670,852 811,169,482


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
23,501,370 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
834,670,852 811,169,482 834,670,852 811,169,482

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

161-921-02/Connally ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 506,833,544 1.0087 502,462,124 506,833,544
B - MULTIFAMILY 53,465,552 0.8621 62,017,808 53,465,552
C1 - VACANT LOTS 17,995,592 N/A 17,995,592 17,995,592
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 1,330,660 1.2238 1,087,326 1,330,660
D2 - FARM & RANCH IMP 2,522,303 N/A 2,522,303 2,522,303
E - NON-AG LAND AND IMPROVEMENTS 78,140,335 1.1993 65,154,953 78,140,335
F1 - COMMERCIAL REAL 72,406,328 0.9107 79,506,235 72,406,328
F2 - INDUSTRIAL REAL 45,793,778 N/A 45,793,778 45,793,778
G - ALL MINERALS 0 N/A 0 0
J - ALL UTILITIES 30,304,540 N/A 30,304,540 30,304,540
L1 - COMMERCIAL PERSONAL 57,263,930 1.0230 55,976,471 57,263,930
L2 - INDUSTRIAL PERSONAL 86,165,760 N/A 86,165,760 86,165,760
M1 - MOBILE HOMES 5,542,101 N/A 5,542,101 5,542,101
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 1,570,399 N/A 1,570,399 1,570,399
S - SPECIAL INVENTORY 6,291,720 N/A 6,291,720 6,291,720
Subtotal 965,626,542 962,391,110 965,626,542
Less Total Deductions 154,457,060 152,800,533 154,457,060
Total Taxable Value 811,169,482 809,590,577 811,169,482

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
834,670,852 811,169,482 834,670,852 811,169,482


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
23,501,370 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
834,670,852 811,169,482 834,670,852 811,169,482

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