taxes Property Tax Assistance

2018 ISD Summary Worksheet

083-Gaines

083-903/Seminole ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 268,474,536 N/A 268,474,536 268,474,536
B. MULTIFAMILY RESIDENCES 5,799,680 N/A 5,799,680 5,799,680
C1. VACANT LOTS 38,637,369 N/A 38,637,369 38,637,369
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 58,824,627 N/A 58,824,627 58,824,627
D2. REAL PROP:FARM & RANCH 4,216,013 N/A 4,216,013 4,216,013
E. REAL PROP NONQUAL ACREAGE 377,719,442 N/A 377,719,442 377,719,442
F1. COMMERCIAL REAL 108,751,120 N/A 108,751,120 108,751,120
F2. INDUSTRIAL REAL 252,661,810 N/A 252,661,810 252,661,810
G. OIL,GAS,MINERALS 1,578,765,025 N/A 1,578,765,025 1,578,765,025
J. UTILITIES 119,602,740 N/A 119,602,740 119,602,740
L1. COMMERCIAL PERSONAL 63,393,680 N/A 63,393,680 63,393,680
L2. INDUSTRIAL PERSONAL 220,028,860 N/A 220,028,860 220,028,860
M. MOBILE HOMES 45,893,568 N/A 45,893,568 45,893,568
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 18,040 N/A 18,040 18,040
S. SPECIAL INVENTORY 2,969,620 N/A 2,969,620 2,969,620
Subtotal 3,145,756,130 0 3,145,756,130 3,145,756,130
Less Total Deductions 174,627,156 0 174,627,156 174,627,156
Total Taxable Value 2,971,128,974 0 2,971,128,974 2,971,128,974

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
2,997,252,229 2,971,128,974 2,997,252,229 2,971,128,974


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
26,123,255 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
2,997,252,229 2,971,128,974 2,997,252,229 2,971,128,974

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 LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

083-903-02/Seminole ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 268,474,536 N/A 268,474,536 268,474,536
B. MULTIFAMILY RESIDENCES 5,799,680 N/A 5,799,680 5,799,680
C1. VACANT LOTS 38,637,369 N/A 38,637,369 38,637,369
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 58,824,627 N/A 58,824,627 58,824,627
D2. REAL PROP:FARM & RANCH 4,216,013 N/A 4,216,013 4,216,013
E. REAL PROP NONQUAL ACREAGE 377,719,442 N/A 377,719,442 377,719,442
F1. COMMERCIAL REAL 108,751,120 N/A 108,751,120 108,751,120
F2. INDUSTRIAL REAL 252,661,810 N/A 252,661,810 252,661,810
G. OIL,GAS,MINERALS 1,578,765,025 N/A 1,578,765,025 1,578,765,025
J. UTILITIES 119,602,740 N/A 119,602,740 119,602,740
L1. COMMERCIAL PERSONAL 63,393,680 N/A 63,393,680 63,393,680
L2. INDUSTRIAL PERSONAL 220,028,860 N/A 220,028,860 220,028,860
M. MOBILE HOMES 45,893,568 N/A 45,893,568 45,893,568
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 18,040 N/A 18,040 18,040
S. SPECIAL INVENTORY 2,969,620 N/A 2,969,620 2,969,620
Subtotal 3,145,756,130 3,145,756,130 3,145,756,130
Less Total Deductions 174,627,156 174,627,156 174,627,156
Total Taxable Value 2,971,128,974 2,971,128,974 2,971,128,974

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
2,997,252,229 2,971,128,974 2,997,252,229 2,971,128,974


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
26,123,255 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
2,997,252,229 2,971,128,974 2,997,252,229 2,971,128,974

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