taxes Property Tax Assistance

2018 ISD Summary Worksheet

192-Reagan

192-901/Reagan County ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	63,304,180	N/A	63,304,180	63,304,180
B. MULTIFAMILY RESIDENCES	1,292,906	N/A	1,292,906	1,292,906
C1. VACANT LOTS	2,264,300	N/A	2,264,300	2,264,300
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	11,471,225	0.4975	23,060,016	11,471,225
D2. REAL PROP:FARM & RANCH	3,031,626	N/A	3,031,626	3,031,626
E. REAL PROP NONQUAL ACREAGE	45,285,307	N/A	45,285,307	45,285,307
F1. COMMERCIAL REAL	27,707,427	N/A	27,707,427	27,707,427
F2. INDUSTRIAL REAL	414,047,339	N/A	414,047,339	414,047,339
G. OIL,GAS,MINERALS	2,024,734,770	0.9902	2,044,773,551	2,024,734,770
J. UTILITIES	443,952,660	0.9469	468,848,516	443,952,660
L1. COMMERCIAL PERSONAL	26,000,779	N/A	26,000,779	26,000,779
L2. INDUSTRIAL PERSONAL	156,785,620	N/A	156,785,620	156,785,620
M. MOBILE HOMES	6,386,959	N/A	6,386,959	6,386,959
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	8,080	N/A	8,080	8,080
S. SPECIAL INVENTORY	146,293	N/A	146,293	146,293
Subtotal	3,226,419,471	0	3,282,942,899	3,226,419,471
Less Total Deductions	273,095,395	0	273,095,395	273,095,395
Total Taxable Value	2,953,324,076	0	3,009,847,504	2,953,324,076

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
2,958,886,195	2,953,324,076	2,954,558,563	2,948,996,444

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
5,562,119	4,327,632

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
3,197,083,195	3,191,521,076	3,192,755,563	3,187,193,444

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

192-901-02/Reagan County ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	63,304,180	N/A	63,304,180	63,304,180
B. MULTIFAMILY RESIDENCES	1,292,906	N/A	1,292,906	1,292,906
C1. VACANT LOTS	2,264,300	N/A	2,264,300	2,264,300
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	11,471,225	0.4975	23,060,016	11,471,225
D2. REAL PROP:FARM & RANCH	3,031,626	N/A	3,031,626	3,031,626
E. REAL PROP NONQUAL ACREAGE	45,285,307	N/A	45,285,307	45,285,307
F1. COMMERCIAL REAL	27,707,427	N/A	27,707,427	27,707,427
F2. INDUSTRIAL REAL	414,047,339	N/A	414,047,339	414,047,339
G. OIL,GAS,MINERALS	2,024,734,770	0.9902	2,044,773,551	2,024,734,770
J. UTILITIES	443,952,660	0.9469	468,848,516	443,952,660
L1. COMMERCIAL PERSONAL	26,000,779	N/A	26,000,779	26,000,779
L2. INDUSTRIAL PERSONAL	156,785,620	N/A	156,785,620	156,785,620
M. MOBILE HOMES	6,386,959	N/A	6,386,959	6,386,959
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	8,080	N/A	8,080	8,080
S. SPECIAL INVENTORY	146,293	N/A	146,293	146,293
Subtotal	3,226,419,471		3,282,942,899	3,226,419,471
Less Total Deductions	273,095,395		273,095,395	273,095,395
Total Taxable Value	2,953,324,076		3,009,847,504	2,953,324,076

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
2,958,886,195	2,953,324,076	2,954,558,563	2,948,996,444

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
5,562,119	4,327,632

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
3,197,083,195	3,191,521,076	3,192,755,563	3,187,193,444

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