taxes Property Tax Assistance

2018 ISD Summary Worksheet

073-Falls

073-901/Chilton ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 23,282,480 0.9085 25,627,386 25,627,386
B. MULTIFAMILY RESIDENCES 127,830 N/A 127,830 127,830
C1. VACANT LOTS 303,840 N/A 303,840 303,840
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 7,007,886 0.9668 7,248,346 7,248,346
D2. REAL PROP:FARM & RANCH 3,213,920 N/A 3,213,920 3,213,920
E. REAL PROP NONQUAL ACREAGE 32,594,120 0.9169 35,548,173 35,548,173
F1. COMMERCIAL REAL 1,801,780 N/A 1,801,780 1,801,780
F2. INDUSTRIAL REAL 454,420 N/A 454,420 454,420
G. OIL,GAS,MINERALS 9,670 N/A 9,670 9,670
J. UTILITIES 14,601,360 0.9399 15,535,014 15,535,014
L1. COMMERCIAL PERSONAL 3,688,530 2.8584 1,290,418 1,290,418
L2. INDUSTRIAL PERSONAL 1,855,980 N/A 1,855,980 1,855,980
M. MOBILE HOMES 1,631,710 N/A 1,631,710 1,631,710
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 90,573,526 0 94,648,487 94,648,487
Less Total Deductions 23,435,497 0 25,440,594 25,440,594
Total Taxable Value 67,138,029 0 69,207,893 69,207,893

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
72,674,271 69,207,893 72,674,271 69,207,893


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,466,378 0


T1 = School district taxable value for M & O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10,000 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

Value Taxable For I & S Purposes

T7 T8 T9 T10
72,674,271 69,207,893 72,674,271 69,207,893

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 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

THE PVS FOUND YOUR TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

073-901-02/Chilton ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 23,282,480 0.9085 25,627,386 25,627,386
B. MULTIFAMILY RESIDENCES 127,830 N/A 127,830 127,830
C1. VACANT LOTS 303,840 N/A 303,840 303,840
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 7,007,886 0.9668 7,248,346 7,248,346
D2. REAL PROP:FARM & RANCH 3,213,920 N/A 3,213,920 3,213,920
E. REAL PROP NONQUAL ACREAGE 32,594,120 0.9169 35,548,173 35,548,173
F1. COMMERCIAL REAL 1,801,780 N/A 1,801,780 1,801,780
F2. INDUSTRIAL REAL 454,420 N/A 454,420 454,420
G. OIL,GAS,MINERALS 9,670 N/A 9,670 9,670
J. UTILITIES 14,601,360 0.9399 15,535,014 15,535,014
L1. COMMERCIAL PERSONAL 3,688,530 2.8584 1,290,418 1,290,418
L2. INDUSTRIAL PERSONAL 1,855,980 N/A 1,855,980 1,855,980
M. MOBILE HOMES 1,631,710 N/A 1,631,710 1,631,710
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 90,573,526 94,648,487 94,648,487
Less Total Deductions 23,435,497 25,440,594 25,440,594
Total Taxable Value 67,138,029 69,207,893 69,207,893

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
72,674,271 69,207,893 72,674,271 69,207,893


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,466,378 0


T1 = School district taxable value for M & O purposes before the loss to the additional $10, 000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10, 000 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

Value Taxable For I & S Purposes

T7 T8 T9 T10
72,674,271 69,207,893 72,674,271 69,207,893

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 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