taxes Property Tax Assistance

2018 ISD Summary Worksheet

145-Leon

145-906/Normangee ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 111,564,660 0.8634 129,215,497 129,215,497
B. MULTIFAMILY RESIDENCES 393,420 N/A 393,420 393,420
C1. VACANT LOTS 15,580,360 0.7001 22,254,478 22,254,478
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 4,190,030 1.0300 4,068,131 4,068,131
D2. REAL PROP:FARM & RANCH 3,875,280 N/A 3,875,280 3,875,280
E. REAL PROP NONQUAL ACREAGE 61,382,010 0.7695 79,768,694 79,768,694
F1. COMMERCIAL REAL 5,825,430 N/A 5,825,430 5,825,430
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 21,841,770 0.9885 22,095,873 22,095,873
J. UTILITIES 60,731,060 0.9541 63,652,720 63,652,720
L1. COMMERCIAL PERSONAL 9,732,570 N/A 9,732,570 9,732,570
L2. INDUSTRIAL PERSONAL 515,540 N/A 515,540 515,540
M. MOBILE HOMES 3,808,030 N/A 3,808,030 3,808,030
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 1,232,450 N/A 1,232,450 1,232,450
Subtotal 300,672,610 0 346,438,113 346,438,113
Less Total Deductions 64,969,209 0 76,273,830 76,273,830
Total Taxable Value 235,703,401 0 270,164,283 270,164,283

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
270,164,283 270,164,283 258,162,368 258,162,368


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 12,001,915


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
270,164,283 270,164,283 258,162,368 258,162,368

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)

154-Madison

145-906/Normangee ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 2,530,060 N/A 2,530,060 2,530,060
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 314,240 N/A 314,240 314,240
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 2,251,360 0.9201 2,446,964 2,251,360
D2. REAL PROP:FARM & RANCH 6,552,570 0.8795 7,450,335 6,552,570
E. REAL PROP NONQUAL ACREAGE 35,524,372 0.9818 36,182,901 35,524,372
F1. COMMERCIAL REAL 1,813,930 N/A 1,813,930 1,813,930
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 15,190,130 1.0112 15,021,885 15,190,130
J. UTILITIES 24,332,960 0.9373 25,960,696 24,332,960
L1. COMMERCIAL PERSONAL 796,060 N/A 796,060 796,060
L2. INDUSTRIAL PERSONAL 1,446,610 N/A 1,446,610 1,446,610
M. MOBILE HOMES 716,530 N/A 716,530 716,530
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 311,720 N/A 311,720 311,720
Subtotal 91,780,542 0 94,991,931 91,780,542
Less Total Deductions 9,402,774 0 9,402,774 9,402,774
Total Taxable Value 82,377,768 0 85,589,157 82,377,768

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
83,776,337 82,377,768 81,477,146 80,078,577


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,398,569 2,299,191


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
83,776,337 82,377,768 81,477,146 80,078,577

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

145-906-02/Normangee ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 114,094,720 0.8660 131,745,557 131,745,557
B. MULTIFAMILY RESIDENCES 393,420 N/A 393,420 393,420
C1. VACANT LOTS 15,894,600 0.7043 22,568,718 22,568,718
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 6,441,390 0.9887 6,515,095 6,319,491
D2. REAL PROP:FARM & RANCH 10,427,850 0.9207 11,325,615 10,427,850
E. REAL PROP NONQUAL ACREAGE 96,906,382 0.8357 115,951,595 115,293,066
F1. COMMERCIAL REAL 7,639,360 N/A 7,639,360 7,639,360
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 37,031,900 0.9977 37,117,758 37,286,003
J. UTILITIES 85,064,020 0.9492 89,613,416 87,985,680
L1. COMMERCIAL PERSONAL 10,528,630 N/A 10,528,630 10,528,630
L2. INDUSTRIAL PERSONAL 1,962,150 N/A 1,962,150 1,962,150
M. MOBILE HOMES 4,524,560 N/A 4,524,560 4,524,560
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 1,544,170 N/A 1,544,170 1,544,170
Subtotal 392,453,152 441,430,044 438,218,655
Less Total Deductions 74,371,983 85,676,604 85,676,604
Total Taxable Value 318,081,169 355,753,440 352,542,051

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
353,940,620 352,542,051 339,639,514 338,240,945


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,398,569 14,301,106


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
353,940,620 352,542,051 339,639,514 338,240,945

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