taxes Property Tax Assistance

2022 ISD Summary Worksheet

126-Johnson /Johnson County

126-901/Alvarado ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	802,166,436	N/A	802,166,436	802,166,436
B - MULTIFAMILY	12,347,386	N/A	12,347,386	12,347,386
C1 - VACANT LOTS	42,752,602	N/A	42,752,602	42,752,602
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	5,495,996	N/A	5,495,996	5,495,996
D2 - FARM & RANCH IMP	5,781,317	N/A	5,781,317	5,781,317
E - NON-AG LAND AND IMPROVEMENTS	528,803,652	N/A	528,803,652	528,803,652
F1 - COMMERCIAL REAL	181,231,260	N/A	181,231,260	181,231,260
F2 - INDUSTRIAL REAL	110,524,062	N/A	110,524,062	110,524,062
G - ALL MINERALS	166,360,599	N/A	166,360,599	166,360,599
J - ALL UTILITIES	83,904,124	N/A	83,904,124	83,904,124
L1 - COMMERCIAL PERSONAL	97,228,207	N/A	97,228,207	97,228,207
L2 - INDUSTRIAL PERSONAL	208,958,012	N/A	208,958,012	208,958,012
M1 - MOBILE HOMES	13,469,893	N/A	13,469,893	13,469,893
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	9,971,554	N/A	9,971,554	9,971,554
S - SPECIAL INVENTORY	31,483,575	N/A	31,483,575	31,483,575
Subtotal	2,300,478,675	0	2,300,478,675	2,300,478,675
Less Total Deductions	435,689,310	0	435,689,310	435,689,310
Total Taxable Value	1,864,789,365	0	1,864,789,365	1,864,789,365

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
1,917,332,797	1,864,789,365	1,917,332,797	1,864,789,365	1,966,312,797

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
52,543,432	0	48,980,000

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
1,917,332,797	1,864,789,365	1,917,332,797	1,864,789,365	1,966,312,797

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 TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

126-901-02/Alvarado ISD

Category	Local Tax Roll Value	2022 WTD Mean Ratio	2022 PTAD Value Estimate	2022 Value Assigned
A - SINGLE-FAMILY	802,166,436	N/A	802,166,436	802,166,436
B - MULTIFAMILY	12,347,386	N/A	12,347,386	12,347,386
C1 - VACANT LOTS	42,752,602	N/A	42,752,602	42,752,602
C2 - COLONIA LOTS	0	N/A	0	0
D1 ACRES - QUALIFIED OPEN-SPACE LAND	5,495,996	N/A	5,495,996	5,495,996
D2 - FARM & RANCH IMP	5,781,317	N/A	5,781,317	5,781,317
E - NON-AG LAND AND IMPROVEMENTS	528,803,652	N/A	528,803,652	528,803,652
F1 - COMMERCIAL REAL	181,231,260	N/A	181,231,260	181,231,260
F2 - INDUSTRIAL REAL	110,524,062	N/A	110,524,062	110,524,062
G - ALL MINERALS	166,360,599	N/A	166,360,599	166,360,599
J - ALL UTILITIES	83,904,124	N/A	83,904,124	83,904,124
L1 - COMMERCIAL PERSONAL	97,228,207	N/A	97,228,207	97,228,207
L2 - INDUSTRIAL PERSONAL	208,958,012	N/A	208,958,012	208,958,012
M1 - MOBILE HOMES	13,469,893	N/A	13,469,893	13,469,893
N - INTANGIBLE PERSONAL PROPERTY	0	N/A	0	0
O - RESIDENTIAL INVENTORY	9,971,554	N/A	9,971,554	9,971,554
S - SPECIAL INVENTORY	31,483,575	N/A	31,483,575	31,483,575
Subtotal	2,300,478,675		2,300,478,675	2,300,478,675
Less Total Deductions	435,689,310		435,689,310	435,689,310
Total Taxable Value	1,864,789,365		1,864,789,365	1,864,789,365

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
1,917,332,797	1,864,789,365	1,917,332,797	1,864,789,365	1,966,312,797

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
52,543,432	0	48,980,000

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
1,917,332,797	1,864,789,365	1,917,332,797	1,864,789,365	1,966,312,797

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