taxes Property Tax Assistance

2023 ISD Summary Worksheet

126-Johnson/Johnson County

126-901/Alvarado ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 1,147,549,878 0.9647 1,189,540,663 1,147,549,878
B - MULTIFAMILY 23,041,543 N/A 23,041,543 23,041,543
C1 - VACANT LOTS 61,457,092 N/A 61,457,092 61,457,092
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,889,281 1.4879 3,958,189 5,889,281
D2 - FARM & RANCH IMP 7,030,494 N/A 7,030,494 7,030,494
E - NON-AG LAND AND IMPROVEMENTS 641,887,171 0.9462 678,384,243 641,887,171
F1 - COMMERCIAL REAL 261,884,793 0.8552 306,226,372 261,884,793
F2 - INDUSTRIAL REAL 145,071,757 N/A 145,071,757 145,071,757
G - ALL MINERALS 204,015,109 1.0335 197,402,137 204,015,109
J - ALL UTILITIES 93,142,992 N/A 93,142,992 93,142,992
L1 - COMMERCIAL PERSONAL 116,422,783 N/A 116,422,783 116,422,783
L2 - INDUSTRIAL PERSONAL 229,775,324 N/A 229,775,324 229,775,324
M1 - MOBILE HOMES 19,613,066 N/A 19,613,066 19,613,066
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 41,129,394 N/A 41,129,394 41,129,394
S - SPECIAL INVENTORY 32,770,629 N/A 32,770,629 32,770,629
Subtotal 3,030,681,306 0 3,144,966,678 3,030,681,306
Less Total Deductions 895,107,628 0 916,602,604 895,107,628
Total Taxable Value 2,135,573,678 0 2,228,364,074 2,135,573,678

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

Measure Value Description
T1 2,356,918,496 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 2,135,573,678 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 2,356,918,496 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 2,135,573,678 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,433,883,496 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 2,485,193,496 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 2,188,081,547 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 2,356,918,496 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 2,135,573,678 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 2,356,918,496 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 2,135,573,678 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,433,883,496 T13 plus the loss to the chapter 313 agreement
T16 2,485,193,496 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 2,188,081,547 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 221,344,818 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 76,965,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 51,310,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID AS A RESULT OF THE SDPVS, AND LOCAL VALUE WAS CERTIFIED

126-901-02/Alvarado ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 1,147,549,878 0.9647 1,189,540,663 1,147,549,878
B - MULTIFAMILY 23,041,543 N/A 23,041,543 23,041,543
C1 - VACANT LOTS 61,457,092 N/A 61,457,092 61,457,092
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 5,889,281 1.4879 3,958,189 5,889,281
D2 - FARM & RANCH IMP 7,030,494 N/A 7,030,494 7,030,494
E - NON-AG LAND AND IMPROVEMENTS 641,887,171 0.9462 678,384,243 641,887,171
F1 - COMMERCIAL REAL 261,884,793 0.8552 306,226,372 261,884,793
F2 - INDUSTRIAL REAL 145,071,757 N/A 145,071,757 145,071,757
G - ALL MINERALS 204,015,109 1.0335 197,402,137 204,015,109
J - ALL UTILITIES 93,142,992 N/A 93,142,992 93,142,992
L1 - COMMERCIAL PERSONAL 116,422,783 N/A 116,422,783 116,422,783
L2 - INDUSTRIAL PERSONAL 229,775,324 N/A 229,775,324 229,775,324
M1 - MOBILE HOMES 19,613,066 N/A 19,613,066 19,613,066
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 41,129,394 N/A 41,129,394 41,129,394
S - SPECIAL INVENTORY 32,770,629 N/A 32,770,629 32,770,629
Subtotal 3,030,681,306 3,144,966,678 3,030,681,306
Less Total Deductions 895,107,628 916,602,604 895,107,628
Total Taxable Value 2,135,573,678 2,228,364,074 2,135,573,678

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

Measure Value Description
T1 2,356,918,496 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 2,135,573,678 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 2,356,918,496 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 2,135,573,678 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 2,433,883,496 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 2,485,193,496 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 2,188,081,547 School district taxable value for M & O purposes after the loss to the increase in the state-mandated homestead exemption and based on the compressed freeze loss

VALUE TAXABLE FOR I&S PURPOSES

Measure Value Description
T7 2,356,918,496 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 2,135,573,678 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 2,356,918,496 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 2,135,573,678 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 2,433,883,496 T13 plus the loss to the chapter 313 agreement
T16 2,485,193,496 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 2,188,081,547 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 221,344,818 Loss to the increase in the state-mandated homestead
LOSS_LOCL_HMSTD 0 50% of the loss to the local optional percentage homestead exemption
LOSS_PREV_INCR_HMSTD 76,965,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 51,310,000 Loss to Second Previous Homestead Increase