taxes Property Tax Assistance

2020 ISD Summary Worksheet

216-Sterling /Sterling County

216-901/Sterling City ISD

Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 18,641,040 0.8140 22,900,541 18,641,040
B - MULTIFAMILY 533,570 N/A 533,570 533,570
C1 - VACANT LOTS 1,509,152 N/A 1,509,152 1,509,152
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,792,640 0.9289 7,312,199 6,792,640
D2 - FARM & RANCH IMP 7,308,490 N/A 7,308,490 7,308,490
E - NON-AG LAND AND IMPROVEMENTS 11,415,290 N/A 11,415,290 11,415,290
F1 - COMMERCIAL REAL 4,098,390 N/A 4,098,390 4,098,390
F2 - INDUSTRIAL REAL 474,064,480 N/A 474,064,480 474,064,480
G - ALL MINERALS 63,818,690 1.0036 63,589,767 63,818,690
J - ALL UTILITIES 194,708,560 1.0052 193,701,313 194,708,560
L1 - COMMERCIAL PERSONAL 2,648,417 N/A 2,648,417 2,648,417
L2 - INDUSTRIAL PERSONAL 21,629,830 N/A 21,629,830 21,629,830
M1 - MOBILE HOMES 602,830 N/A 602,830 602,830
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 807,771,379 0 811,314,269 807,771,379
Less Total Deductions 8,938,844 0 9,790,545 8,938,844
Total Taxable Value 798,832,535 0 801,523,724 798,832,535

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
801,056,055 798,832,535 801,056,055 798,832,535


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,223,520 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
801,056,055 798,832,535 801,056,055 798,832,535

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

216-901-02/Sterling City ISD



Category Local Tax Roll Value 2020 WTD Mean Ratio 2020 PTAD Value Estimate 2020 Value Assigned
A - SINGLE-FAMILY 18,641,040 0.8140 22,900,541 18,641,040
B - MULTIFAMILY 533,570 N/A 533,570 533,570
C1 - VACANT LOTS 1,509,152 N/A 1,509,152 1,509,152
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 6,792,640 0.9289 7,312,199 6,792,640
D2 - FARM & RANCH IMP 7,308,490 N/A 7,308,490 7,308,490
E - NON-AG LAND AND IMPROVEMENTS 11,415,290 N/A 11,415,290 11,415,290
F1 - COMMERCIAL REAL 4,098,390 N/A 4,098,390 4,098,390
F2 - INDUSTRIAL REAL 474,064,480 N/A 474,064,480 474,064,480
G - ALL MINERALS 63,818,690 1.0036 63,589,767 63,818,690
J - ALL UTILITIES 194,708,560 1.0052 193,701,313 194,708,560
L1 - COMMERCIAL PERSONAL 2,648,417 N/A 2,648,417 2,648,417
L2 - INDUSTRIAL PERSONAL 21,629,830 N/A 21,629,830 21,629,830
M1 - MOBILE HOMES 602,830 N/A 602,830 602,830
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 807,771,379 811,314,269 807,771,379
Less Total Deductions 8,938,844 9,790,545 8,938,844
Total Taxable Value 798,832,535 801,523,724 798,832,535

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
801,056,055 798,832,535 801,056,055 798,832,535


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,223,520 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
801,056,055 798,832,535 801,056,055 798,832,535

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