taxes Property Tax Assistance

2018 ISD Summary Worksheet

111-Hood

111-903/Tolar ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 57,462,512 0.9396 61,156,356 57,462,512
B. MULTIFAMILY RESIDENCES 1,261,530 N/A 1,261,530 1,261,530
C1. VACANT LOTS 4,795,070 N/A 4,795,070 4,795,070
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 6,169,800 1.2114 5,093,196 6,169,800
D2. REAL PROP:FARM & RANCH 5,553,510 N/A 5,553,510 5,553,510
E. REAL PROP NONQUAL ACREAGE 102,173,998 0.9564 106,831,867 102,173,998
F1. COMMERCIAL REAL 12,292,890 N/A 12,292,890 12,292,890
F2. INDUSTRIAL REAL 9,248,730 N/A 9,248,730 9,248,730
G. OIL,GAS,MINERALS 763,580 N/A 763,580 763,580
J. UTILITIES 40,858,430 0.8837 46,235,634 40,858,430
L1. COMMERCIAL PERSONAL 9,353,010 N/A 9,353,010 9,353,010
L2. INDUSTRIAL PERSONAL 38,558,000 N/A 38,558,000 38,558,000
M. MOBILE HOMES 2,124,290 N/A 2,124,290 2,124,290
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 290,615,350 0 303,267,663 290,615,350
Less Total Deductions 27,145,920 0 29,339,726 27,145,920
Total Taxable Value 263,469,430 0 273,927,937 263,469,430

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
269,375,901 263,469,430 269,375,901 263,469,430


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
5,906,471 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
269,375,901 263,469,430 269,375,901 263,469,430

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

111-903-02/Tolar ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 57,462,512 0.9396 61,156,356 57,462,512
B. MULTIFAMILY RESIDENCES 1,261,530 N/A 1,261,530 1,261,530
C1. VACANT LOTS 4,795,070 N/A 4,795,070 4,795,070
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 6,169,800 1.2114 5,093,196 6,169,800
D2. REAL PROP:FARM & RANCH 5,553,510 N/A 5,553,510 5,553,510
E. REAL PROP NONQUAL ACREAGE 102,173,998 0.9564 106,831,867 102,173,998
F1. COMMERCIAL REAL 12,292,890 N/A 12,292,890 12,292,890
F2. INDUSTRIAL REAL 9,248,730 N/A 9,248,730 9,248,730
G. OIL,GAS,MINERALS 763,580 N/A 763,580 763,580
J. UTILITIES 40,858,430 0.8837 46,235,634 40,858,430
L1. COMMERCIAL PERSONAL 9,353,010 N/A 9,353,010 9,353,010
L2. INDUSTRIAL PERSONAL 38,558,000 N/A 38,558,000 38,558,000
M. MOBILE HOMES 2,124,290 N/A 2,124,290 2,124,290
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 290,615,350 303,267,663 290,615,350
Less Total Deductions 27,145,920 29,339,726 27,145,920
Total Taxable Value 263,469,430 273,927,937 263,469,430

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
269,375,901 263,469,430 269,375,901 263,469,430


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
5,906,471 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
269,375,901 263,469,430 269,375,901 263,469,430

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