taxes Property Tax Assistance

2018 ISD Summary Worksheet

118-Irion

118-902/Irion County ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 49,625,070 0.9255 53,619,741 49,625,070
B. MULTIFAMILY RESIDENCES 122,050 N/A 122,050 122,050
C1. VACANT LOTS 3,721,660 N/A 3,721,660 3,721,660
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 17,146,750 0.7762 22,089,948 17,146,750
D2. REAL PROP:FARM & RANCH 7,345,000 N/A 7,345,000 7,345,000
E. REAL PROP NONQUAL ACREAGE 20,055,710 N/A 20,055,710 20,055,710
F1. COMMERCIAL REAL 5,504,000 N/A 5,504,000 5,504,000
F2. INDUSTRIAL REAL 65,552,250 N/A 65,552,250 65,552,250
G. OIL,GAS,MINERALS 795,645,520 1.0029 793,344,820 795,645,520
J. UTILITIES 169,231,140 0.9312 181,734,472 169,231,140
L1. COMMERCIAL PERSONAL 8,503,490 N/A 8,503,490 8,503,490
L2. INDUSTRIAL PERSONAL 38,631,110 N/A 38,631,110 38,631,110
M. MOBILE HOMES 3,057,820 N/A 3,057,820 3,057,820
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 1,184,141,570 0 1,203,282,071 1,184,141,570
Less Total Deductions 16,206,135 0 17,097,364 16,206,135
Total Taxable Value 1,167,935,435 0 1,186,184,707 1,167,935,435

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
1,167,935,435 1,167,935,435 1,167,935,435 1,167,935,435


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 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
1,167,935,435 1,167,935,435 1,167,935,435 1,167,935,435

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

118-902-02/Irion County ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 49,625,070 0.9255 53,619,741 49,625,070
B. MULTIFAMILY RESIDENCES 122,050 N/A 122,050 122,050
C1. VACANT LOTS 3,721,660 N/A 3,721,660 3,721,660
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 17,146,750 0.7762 22,089,948 17,146,750
D2. REAL PROP:FARM & RANCH 7,345,000 N/A 7,345,000 7,345,000
E. REAL PROP NONQUAL ACREAGE 20,055,710 N/A 20,055,710 20,055,710
F1. COMMERCIAL REAL 5,504,000 N/A 5,504,000 5,504,000
F2. INDUSTRIAL REAL 65,552,250 N/A 65,552,250 65,552,250
G. OIL,GAS,MINERALS 795,645,520 1.0029 793,344,820 795,645,520
J. UTILITIES 169,231,140 0.9312 181,734,472 169,231,140
L1. COMMERCIAL PERSONAL 8,503,490 N/A 8,503,490 8,503,490
L2. INDUSTRIAL PERSONAL 38,631,110 N/A 38,631,110 38,631,110
M. MOBILE HOMES 3,057,820 N/A 3,057,820 3,057,820
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 1,184,141,570 1,203,282,071 1,184,141,570
Less Total Deductions 16,206,135 17,097,364 16,206,135
Total Taxable Value 1,167,935,435 1,186,184,707 1,167,935,435

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
1,167,935,435 1,167,935,435 1,167,935,435 1,167,935,435


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
0 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
1,167,935,435 1,167,935,435 1,167,935,435 1,167,935,435

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