taxes Property Tax Assistance

2023 ISD Summary Worksheet

138-Knox/Knox County

138-904/Benjamin ISD

Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 4,115,060 N/A 4,115,060 4,115,060
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 326,340 N/A 326,340 326,340
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,288,160 1.0090 14,161,068 14,161,068
D2 - FARM & RANCH IMP 485,390 N/A 485,390 485,390
E - NON-AG LAND AND IMPROVEMENTS 5,168,880 0.6160 8,391,039 8,391,039
F1 - COMMERCIAL REAL 543,150 N/A 543,150 543,150
F2 - INDUSTRIAL REAL 610,699,220 N/A 610,699,220 610,699,220
G - ALL MINERALS 2,001,590 N/A 2,001,590 2,001,590
J - ALL UTILITIES 62,120,450 0.9950 62,432,613 62,432,613
L1 - COMMERCIAL PERSONAL 449,360 N/A 449,360 449,360
L2 - INDUSTRIAL PERSONAL 560,270 N/A 560,270 560,270
M1 - MOBILE HOMES 0 N/A 0 0
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 700,757,870 0 704,165,100 704,165,100
Less Total Deductions 550,975,916 0 550,975,916 550,975,916
Total Taxable Value 149,781,954 0 153,189,184 153,189,184

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 153,650,874 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 153,189,184 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 153,650,874 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 153,189,184 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 154,790,874 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 155,550,874 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 153,189,184 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 700,801,894 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 700,340,204 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 700,801,894 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 700,340,204 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 701,941,894 T13 plus the loss to the chapter 313 agreement
T16 702,701,894 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 700,340,204 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 461,690 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 1,140,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 760,000 Loss to Second Previous Homestead Increase

THE PVS FOUND YOUR LOCAL VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE THE APPRAISAL DISTRICT FAILED THEIR MOST RECENT MAP AND YOUR SCHOOL DISTRICT IS INELIGIBLE FOR GRACE

138-904-02/Benjamin ISD



Category Local Tax Roll Value 2023 WTD Mean Ratio 2023 PTAD Value Estimate 2023 Value Assigned
A - SINGLE-FAMILY 4,115,060 N/A 4,115,060 4,115,060
B - MULTIFAMILY 0 N/A 0 0
C1 - VACANT LOTS 326,340 N/A 326,340 326,340
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 14,288,160 1.0090 14,161,068 14,161,068
D2 - FARM & RANCH IMP 485,390 N/A 485,390 485,390
E - NON-AG LAND AND IMPROVEMENTS 5,168,880 0.6160 8,391,039 8,391,039
F1 - COMMERCIAL REAL 543,150 N/A 543,150 543,150
F2 - INDUSTRIAL REAL 610,699,220 N/A 610,699,220 610,699,220
G - ALL MINERALS 2,001,590 N/A 2,001,590 2,001,590
J - ALL UTILITIES 62,120,450 0.9950 62,432,613 62,432,613
L1 - COMMERCIAL PERSONAL 449,360 N/A 449,360 449,360
L2 - INDUSTRIAL PERSONAL 560,270 N/A 560,270 560,270
M1 - MOBILE HOMES 0 N/A 0 0
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 700,757,870 704,165,100 704,165,100
Less Total Deductions 550,975,916 550,975,916 550,975,916
Total Taxable Value 149,781,954 153,189,184 153,189,184

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 153,650,874 School district taxable value for M&O purposes before the loss to the increase in the state-mandated homestead exemption
T2 153,189,184 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 153,650,874 T1 minus 50% of the loss to the local optional percentage homestead exemption
T4 153,189,184 T2 minus 50% of the loss to the local optional percentage homestead exemption
T13 154,790,874 T-1 plus the cost of the second most recent increase for that pvs year in the mandatory homestead exemptions
T15 155,550,874 T-13 Plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T17 153,189,184 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 700,801,894 School district taxable value for i&s purposes before the loss to the increase in the state-mandated homestead exemption
T8 700,340,204 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 700,801,894 T7 minus 50% of the loss to the local optional percentage homestead exemption
T10 700,340,204 T8 minus 50% of the loss to the local optional percentage homestead exemption
T14 701,941,894 T13 plus the loss to the chapter 313 agreement
T16 702,701,894 T-1 plus the cost of the second most recent increase for that PVS year in the mandatory homestead exemptions
T18 700,340,204 T17 plus the loss to the chapter 313 agreement

MISCELLANEOUS LOSS AMOUNTS

Measure Value Description
LOSS_INCR_HMSTD 461,690 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 1,140,000 Loss to the previous increase in the state-mandated homestead
LOSS_SCND_INCR_HMSTD 760,000 Loss to Second Previous Homestead Increase