taxes Property Tax Assistance

2022 ISD Summary Worksheet

075-Fayette /Fayette County

075-901/Flatonia ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 118,618,150 0.8958 132,415,885 118,618,150
B - MULTIFAMILY 852,040 N/A 852,040 852,040
C1 - VACANT LOTS 5,294,011 N/A 5,294,011 5,294,011
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,529,335 1.0814 7,887,539 8,529,335
D2 - FARM & RANCH IMP 4,221,522 N/A 4,221,522 4,221,522
E - NON-AG LAND AND IMPROVEMENTS 254,463,534 0.8233 309,077,534 254,463,534
F1 - COMMERCIAL REAL 38,724,112 0.9533 40,621,118 38,724,112
F2 - INDUSTRIAL REAL 25,676,250 N/A 25,676,250 25,676,250
G - ALL MINERALS 55,808,050 1.0041 55,580,171 55,808,050
J - ALL UTILITIES 51,666,940 0.4758 108,589,617 51,666,940
L1 - COMMERCIAL PERSONAL 8,159,400 N/A 8,159,400 8,159,400
L2 - INDUSTRIAL PERSONAL 8,489,970 N/A 8,489,970 8,489,970
M1 - MOBILE HOMES 5,275,700 N/A 5,275,700 5,275,700
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 36,160 N/A 36,160 36,160
Subtotal 585,815,174 0 712,176,917 585,815,174
Less Total Deductions 71,449,489 0 84,043,750 71,449,489
Total Taxable Value 514,365,685 0 628,133,167 514,365,685

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 T13
527,802,022 514,365,685 527,802,022 514,365,685 539,362,022


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
13,436,337 0 11,560,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
527,802,022 514,365,685 527,802,022 514,365,685 539,362,022

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement

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

075-901-02/Flatonia ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 118,618,150 0.8958 132,415,885 118,618,150
B - MULTIFAMILY 852,040 N/A 852,040 852,040
C1 - VACANT LOTS 5,294,011 N/A 5,294,011 5,294,011
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 8,529,335 1.0814 7,887,539 8,529,335
D2 - FARM & RANCH IMP 4,221,522 N/A 4,221,522 4,221,522
E - NON-AG LAND AND IMPROVEMENTS 254,463,534 0.8233 309,077,534 254,463,534
F1 - COMMERCIAL REAL 38,724,112 0.9533 40,621,118 38,724,112
F2 - INDUSTRIAL REAL 25,676,250 N/A 25,676,250 25,676,250
G - ALL MINERALS 55,808,050 1.0041 55,580,171 55,808,050
J - ALL UTILITIES 51,666,940 0.4758 108,589,617 51,666,940
L1 - COMMERCIAL PERSONAL 8,159,400 N/A 8,159,400 8,159,400
L2 - INDUSTRIAL PERSONAL 8,489,970 N/A 8,489,970 8,489,970
M1 - MOBILE HOMES 5,275,700 N/A 5,275,700 5,275,700
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 36,160 N/A 36,160 36,160
Subtotal 585,815,174 712,176,917 585,815,174
Less Total Deductions 71,449,489 84,043,750 71,449,489
Total Taxable Value 514,365,685 628,133,167 514,365,685

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 T13
527,802,022 514,365,685 527,802,022 514,365,685 539,362,022


Loss to the
Increase in the
State-Mandated Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
Loss to the
Previous Increase in the
State-Mandated Homestead
Exemption
13,436,337 0 11,560,000


T1 = School district taxable value for M & O purposes before the loss to the increase in the state-mandated homestead exemption

T2 = 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 = 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

T13 = T1 plus the cost of the second most recent increase for that PVS Year in the mandatory homestead exemptions

Value Taxable For I & S Purposes

T7 T8 T9 T10 T14
527,802,022 514,365,685 527,802,022 514,365,685 539,362,022

T7 = School district taxable value for I & S purposes before the loss to the increase in the state-mandated homestead exemption

T8 = 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 = 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

T14 = T13 plus the loss to the chapter 313 agreement