taxes Property Tax Assistance

2018 ISD Summary Worksheet

077-Floyd

173-901/Motley County 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 1,154,920 N/A 1,154,920 1,154,920
D2. REAL PROP:FARM & RANCH 49,350 N/A 49,350 49,350
E. REAL PROP NONQUAL ACREAGE 350,550 N/A 350,550 350,550
F1. COMMERCIAL REAL 0 N/A 0 0
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 7,780 N/A 7,780 7,780
J. UTILITIES 37,000 N/A 37,000 37,000
L1. COMMERCIAL PERSONAL 0 N/A 0 0
L2. INDUSTRIAL PERSONAL 21,600 N/A 21,600 21,600
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 1,621,200 0 1,621,200 1,621,200
Less Total Deductions 96,110 0 96,110 96,110
Total Taxable Value 1,525,090 0 1,525,090 1,525,090

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
1,555,090 1,525,090 1,555,090 1,525,090


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
30,000 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
1,555,090 1,525,090 1,555,090 1,525,090

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

173-Motley

173-901/Motley County ISD

Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 17,327,330 0.7675 22,576,326 17,327,330
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 317,420 N/A 317,420 317,420
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 45,450,210 1.1396 39,881,701 45,450,210
D2. REAL PROP:FARM & RANCH 525,340 N/A 525,340 525,340
E. REAL PROP NONQUAL ACREAGE 7,730,629 0.7215 10,714,663 7,730,629
F1. COMMERCIAL REAL 2,177,570 N/A 2,177,570 2,177,570
F2. INDUSTRIAL REAL 155,950 N/A 155,950 155,950
G. OIL,GAS,MINERALS 2,323,640 N/A 2,323,640 2,323,640
J. UTILITIES 38,616,180 N/A 38,616,180 38,616,180
L1. COMMERCIAL PERSONAL 3,615,890 N/A 3,615,890 3,615,890
L2. INDUSTRIAL PERSONAL 3,260,580 N/A 3,260,580 3,260,580
M. MOBILE HOMES 293,810 N/A 293,810 293,810
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 121,794,549 0 124,459,070 121,794,549
Less Total Deductions 10,530,335 0 12,815,796 10,530,335
Total Taxable Value 111,264,214 0 111,643,274 111,264,214

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
113,764,914 111,264,214 113,764,914 111,264,214


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,500,700 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
113,764,914 111,264,214 113,764,914 111,264,214

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

173-901-02/Motley County ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES 17,327,330 0.7675 22,576,326 17,327,330
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 317,420 N/A 317,420 317,420
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 46,605,130 1.1357 41,036,621 46,605,130
D2. REAL PROP:FARM & RANCH 574,690 N/A 574,690 574,690
E. REAL PROP NONQUAL ACREAGE 8,081,179 0.7303 11,065,213 8,081,179
F1. COMMERCIAL REAL 2,177,570 N/A 2,177,570 2,177,570
F2. INDUSTRIAL REAL 155,950 N/A 155,950 155,950
G. OIL,GAS,MINERALS 2,331,420 N/A 2,331,420 2,331,420
J. UTILITIES 38,653,180 N/A 38,653,180 38,653,180
L1. COMMERCIAL PERSONAL 3,615,890 N/A 3,615,890 3,615,890
L2. INDUSTRIAL PERSONAL 3,282,180 N/A 3,282,180 3,282,180
M. MOBILE HOMES 293,810 N/A 293,810 293,810
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 123,415,749 126,080,270 123,415,749
Less Total Deductions 10,626,445 12,911,906 10,626,445
Total Taxable Value 112,789,304 113,168,364 112,789,304

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
115,320,004 112,789,304 115,320,004 112,789,304


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,530,700 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
115,320,004 112,789,304 115,320,004 112,789,304

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