taxes Property Tax Assistance

2018 ISD Summary Worksheet

223-Terry

223-902/Meadow ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	8,659,463	N/A	8,659,463	8,659,463
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	56,312	N/A	56,312	56,312
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	17,652,593	N/A	17,652,593	17,652,593
D2. REAL PROP:FARM & RANCH	1,290,594	N/A	1,290,594	1,290,594
E. REAL PROP NONQUAL ACREAGE	8,431,320	N/A	8,431,320	8,431,320
F1. COMMERCIAL REAL	848,968	N/A	848,968	848,968
F2. INDUSTRIAL REAL	918,087	N/A	918,087	918,087
G. OIL,GAS,MINERALS	13,905,613	N/A	13,905,613	13,905,613
J. UTILITIES	6,750,401	N/A	6,750,401	6,750,401
L1. COMMERCIAL PERSONAL	96,241	N/A	96,241	96,241
L2. INDUSTRIAL PERSONAL	2,652,361	N/A	2,652,361	2,652,361
M. MOBILE HOMES	253,745	N/A	253,745	253,745
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	61,515,698	0	61,515,698	61,515,698
Less Total Deductions	6,153,609	0	6,153,609	6,153,609
Total Taxable Value	55,362,089	0	55,362,089	55,362,089

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
56,283,641	55,362,089	56,283,641	55,362,089

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
921,552	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
56,283,641	55,362,089	56,283,641	55,362,089

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

223-902-02/Meadow ISD

Category	Local Tax Roll Value	2018 WTD Mean Ratio	2018 PTAD Value Estimate	2018 Value Assigned
A. SINGLE-FAMILY RESIDENCES	8,659,463	N/A	8,659,463	8,659,463
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	56,312	N/A	56,312	56,312
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	17,652,593	N/A	17,652,593	17,652,593
D2. REAL PROP:FARM & RANCH	1,290,594	N/A	1,290,594	1,290,594
E. REAL PROP NONQUAL ACREAGE	8,431,320	N/A	8,431,320	8,431,320
F1. COMMERCIAL REAL	848,968	N/A	848,968	848,968
F2. INDUSTRIAL REAL	918,087	N/A	918,087	918,087
G. OIL,GAS,MINERALS	13,905,613	N/A	13,905,613	13,905,613
J. UTILITIES	6,750,401	N/A	6,750,401	6,750,401
L1. COMMERCIAL PERSONAL	96,241	N/A	96,241	96,241
L2. INDUSTRIAL PERSONAL	2,652,361	N/A	2,652,361	2,652,361
M. MOBILE HOMES	253,745	N/A	253,745	253,745
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	61,515,698		61,515,698	61,515,698
Less Total Deductions	6,153,609		6,153,609	6,153,609
Total Taxable Value	55,362,089		55,362,089	55,362,089

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
56,283,641	55,362,089	56,283,641	55,362,089

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
921,552	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
56,283,641	55,362,089	56,283,641	55,362,089

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