taxes Property Tax Assistance

2022 ISD Summary Worksheet

154-Madison /Madison County

154-903/North Zulch ISD

Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 48,347,360 0.9515 50,811,729 48,347,360
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 5,120,510 N/A 5,120,510 5,120,510
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,007,758 1.1482 2,619,443 3,007,758
D2 - FARM & RANCH IMP 5,614,590 N/A 5,614,590 5,614,590
E - NON-AG LAND AND IMPROVEMENTS 115,936,730 0.9129 126,998,280 115,936,730
F1 - COMMERCIAL REAL 4,570,040 N/A 4,570,040 4,570,040
F2 - INDUSTRIAL REAL 280,540 N/A 280,540 280,540
G - ALL MINERALS 119,565,820 1.0091 118,487,583 119,565,820
J - ALL UTILITIES 44,907,570 0.9204 48,791,362 44,907,570
L1 - COMMERCIAL PERSONAL 1,140,900 N/A 1,140,900 1,140,900
L2 - INDUSTRIAL PERSONAL 3,039,410 N/A 3,039,410 3,039,410
M1 - MOBILE HOMES 5,391,000 N/A 5,391,000 5,391,000
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 356,922,228 0 372,865,387 356,922,228
Less Total Deductions 53,558,986 0 56,490,182 53,558,986
Total Taxable Value 303,363,242 0 316,375,205 303,363,242

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
309,324,386 303,363,242 309,324,386 303,363,242 314,834,386


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
5,961,144 0 5,510,000


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
309,324,386 303,363,242 309,324,386 303,363,242 314,834,386

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

154-903-02/North Zulch ISD



Category Local Tax Roll Value 2022 WTD Mean Ratio 2022 PTAD Value Estimate 2022 Value Assigned
A - SINGLE-FAMILY 48,347,360 0.9515 50,811,729 48,347,360
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 5,120,510 N/A 5,120,510 5,120,510
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 3,007,758 1.1482 2,619,443 3,007,758
D2 - FARM & RANCH IMP 5,614,590 N/A 5,614,590 5,614,590
E - NON-AG LAND AND IMPROVEMENTS 115,936,730 0.9129 126,998,280 115,936,730
F1 - COMMERCIAL REAL 4,570,040 N/A 4,570,040 4,570,040
F2 - INDUSTRIAL REAL 280,540 N/A 280,540 280,540
G - ALL MINERALS 119,565,820 1.0091 118,487,583 119,565,820
J - ALL UTILITIES 44,907,570 0.9204 48,791,362 44,907,570
L1 - COMMERCIAL PERSONAL 1,140,900 N/A 1,140,900 1,140,900
L2 - INDUSTRIAL PERSONAL 3,039,410 N/A 3,039,410 3,039,410
M1 - MOBILE HOMES 5,391,000 N/A 5,391,000 5,391,000
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 356,922,228 372,865,387 356,922,228
Less Total Deductions 53,558,986 56,490,182 53,558,986
Total Taxable Value 303,363,242 316,375,205 303,363,242

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
309,324,386 303,363,242 309,324,386 303,363,242 314,834,386


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
5,961,144 0 5,510,000


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
309,324,386 303,363,242 309,324,386 303,363,242 314,834,386

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