taxes Property Tax Assistance

2021 ISD Summary Worksheet

154-Madison /Madison County

154-903/North Zulch ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 36,704,280 0.8426 43,560,741 36,704,280
B - MULTIFAMILY 30,610 N/A 30,610 30,610
C1 - VACANT LOTS 3,626,670 N/A 3,626,670 3,626,670
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,029,561 1.1789 2,569,839 3,029,561
D2 - FARM & RANCH IMP 5,365,240 N/A 5,365,240 5,365,240
E - NON-AG LAND AND IMPROVEMENTS 82,470,410 0.8467 97,402,161 82,470,410
F1 - COMMERCIAL REAL 3,915,220 N/A 3,915,220 3,915,220
F2 - INDUSTRIAL REAL 260,110 N/A 260,110 260,110
G - ALL MINERALS 68,442,420 0.9685 70,668,477 68,442,420
J - ALL UTILITIES 42,320,430 0.9110 46,454,918 42,320,430
L1 - COMMERCIAL PERSONAL 1,344,840 N/A 1,344,840 1,344,840
L2 - INDUSTRIAL PERSONAL 2,747,330 N/A 2,747,330 2,747,330
M1 - MOBILE HOMES 4,180,580 N/A 4,180,580 4,180,580
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 254,437,701 0 282,126,736 254,437,701
Less Total Deductions 30,728,889 0 37,727,730 30,728,889
Total Taxable Value 223,708,812 0 244,399,006 223,708,812

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
228,039,010 223,708,812 228,039,010 223,708,812


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,330,198 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
228,039,010 223,708,812 228,039,010 223,708,812

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR TWO OF THE GRACE PERIOD

154-903-02/North Zulch ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 36,704,280 0.8426 43,560,741 36,704,280
B - MULTIFAMILY 30,610 N/A 30,610 30,610
C1 - VACANT LOTS 3,626,670 N/A 3,626,670 3,626,670
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,029,561 1.1789 2,569,839 3,029,561
D2 - FARM & RANCH IMP 5,365,240 N/A 5,365,240 5,365,240
E - NON-AG LAND AND IMPROVEMENTS 82,470,410 0.8467 97,402,161 82,470,410
F1 - COMMERCIAL REAL 3,915,220 N/A 3,915,220 3,915,220
F2 - INDUSTRIAL REAL 260,110 N/A 260,110 260,110
G - ALL MINERALS 68,442,420 0.9685 70,668,477 68,442,420
J - ALL UTILITIES 42,320,430 0.9110 46,454,918 42,320,430
L1 - COMMERCIAL PERSONAL 1,344,840 N/A 1,344,840 1,344,840
L2 - INDUSTRIAL PERSONAL 2,747,330 N/A 2,747,330 2,747,330
M1 - MOBILE HOMES 4,180,580 N/A 4,180,580 4,180,580
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 254,437,701 282,126,736 254,437,701
Less Total Deductions 30,728,889 37,727,730 30,728,889
Total Taxable Value 223,708,812 244,399,006 223,708,812

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
228,039,010 223,708,812 228,039,010 223,708,812


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
4,330,198 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
228,039,010 223,708,812 228,039,010 223,708,812

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