taxes Property Tax Assistance

2018 ISD Summary Worksheet

095-Hale

140-905/Olton ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 0 N/A 0 0
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 0 N/A 0 0
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 9,566,230 2.0321 4,707,507 9,566,230
D2. REAL PROP:FARM & RANCH 389,663 N/A 389,663 389,663
E. REAL PROP NONQUAL ACREAGE 6,295,931 0.9575 6,575,385 6,295,931
F1. COMMERCIAL REAL 62,666 N/A 62,666 62,666
F2. INDUSTRIAL REAL 190,408 N/A 190,408 190,408
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 2,685,410 N/A 2,685,410 2,685,410
L1. COMMERCIAL PERSONAL 570,789 N/A 570,789 570,789
L2. INDUSTRIAL PERSONAL 17,050 N/A 17,050 17,050
M. MOBILE HOMES 0 N/A 0 0
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 19,778,147 0 15,198,878 19,778,147
Less Total Deductions 1,511,704 0 1,511,704 1,511,704
Total Taxable Value 18,266,443 0 13,687,174 18,266,443

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
18,596,378 18,266,443 18,596,378 18,266,443


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
329,935 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
18,596,378 18,266,443 18,596,378 18,266,443

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE LOCAL VALUE IS GREATER THAN PTAD VALUE

140-Lamb

140-905/Olton ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 33,499,902 0.9261 36,173,094 33,499,902
B. MULTIFAMILY RESIDENCES 100,710 N/A 100,710 100,710
C1. VACANT LOTS 349,192 N/A 349,192 349,192
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 34,910,939 1.6119 21,658,221 34,910,939
D2. REAL PROP:FARM & RANCH 2,244,511 N/A 2,244,511 2,244,511
E. REAL PROP NONQUAL ACREAGE 21,446,876 0.8158 26,289,380 21,446,876
F1. COMMERCIAL REAL 4,939,680 N/A 4,939,680 4,939,680
F2. INDUSTRIAL REAL 10,053,970 N/A 10,053,970 10,053,970
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 14,739,340 N/A 14,739,340 14,739,340
L1. COMMERCIAL PERSONAL 8,961,522 0.9965 8,992,997 8,961,522
L2. INDUSTRIAL PERSONAL 1,863,550 N/A 1,863,550 1,863,550
M. MOBILE HOMES 1,142,660 N/A 1,142,660 1,142,660
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 413,890 N/A 413,890 413,890
Subtotal 134,666,742 0 128,961,195 134,666,742
Less Total Deductions 14,884,157 0 15,703,548 14,884,157
Total Taxable Value 119,782,585 0 113,257,647 119,782,585

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
123,147,366 119,782,585 123,147,366 119,782,585


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,364,781 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
123,147,366 119,782,585 123,147,366 119,782,585

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE LOCAL VALUE IS GREATER THAN PTAD VALUE

140-905-02/Olton ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 33,499,902 0.9261 36,173,094 33,499,902
B. MULTIFAMILY RESIDENCES 100,710 N/A 100,710 100,710
C1. VACANT LOTS 349,192 N/A 349,192 349,192
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 44,477,169 1.6869 26,365,728 44,477,169
D2. REAL PROP:FARM & RANCH 2,634,174 N/A 2,634,174 2,634,174
E. REAL PROP NONQUAL ACREAGE 27,742,807 0.8442 32,864,765 27,742,807
F1. COMMERCIAL REAL 5,002,346 N/A 5,002,346 5,002,346
F2. INDUSTRIAL REAL 10,244,378 N/A 10,244,378 10,244,378
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 17,424,750 N/A 17,424,750 17,424,750
L1. COMMERCIAL PERSONAL 9,532,311 0.9967 9,563,786 9,532,311
L2. INDUSTRIAL PERSONAL 1,880,600 N/A 1,880,600 1,880,600
M. MOBILE HOMES 1,142,660 N/A 1,142,660 1,142,660
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 413,890 N/A 413,890 413,890
Subtotal 154,444,889 144,160,073 154,444,889
Less Total Deductions 16,395,861 17,215,252 16,395,861
Total Taxable Value 138,049,028 126,944,821 138,049,028

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
141,743,744 138,049,028 141,743,744 138,049,028


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,694,716 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
141,743,744 138,049,028 141,743,744 138,049,028

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