taxes Property Tax Assistance

2019 ISD Summary Worksheet

035-Castro

035-903/Nazareth ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	24,043,990	0.9797	24,542,197	24,043,990
B. MULTIFAMILY RESIDENCES	531,500	N/A	531,500	531,500
C1. VACANT LOTS	583,510	N/A	583,510	583,510
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	9,316,265	1.1618	8,019,053	9,316,265
D2. REAL PROP:FARM & RANCH	1,468,430	N/A	1,468,430	1,468,430
E. REAL PROP NONQUAL ACREAGE	7,283,620	0.9656	7,543,103	7,283,620
F1. COMMERCIAL REAL	1,457,130	N/A	1,457,130	1,457,130
F2. INDUSTRIAL REAL	66,360	N/A	66,360	66,360
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	33,091,500	0.9842	33,622,739	33,091,500
L1. COMMERCIAL PERSONAL	1,105,940	N/A	1,105,940	1,105,940
L2. INDUSTRIAL PERSONAL	96,220	N/A	96,220	96,220
M. MOBILE HOMES	235,940	N/A	235,940	235,940
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	510	N/A	510	510
Subtotal	79,280,915	0	79,272,632	79,280,915
Less Total Deductions	8,015,782	0	8,147,325	8,015,782
Total Taxable Value	71,265,133	0	71,125,307	71,265,133

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
73,045,143	71,265,133	73,045,143	71,265,133

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
1,780,010	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
73,045,143	71,265,133	73,045,143	71,265,133

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

035-903-02/Nazareth ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	24,043,990	0.9797	24,542,197	24,043,990
B. MULTIFAMILY RESIDENCES	531,500	N/A	531,500	531,500
C1. VACANT LOTS	583,510	N/A	583,510	583,510
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	9,316,265	1.1618	8,019,053	9,316,265
D2. REAL PROP:FARM & RANCH	1,468,430	N/A	1,468,430	1,468,430
E. REAL PROP NONQUAL ACREAGE	7,283,620	0.9656	7,543,103	7,283,620
F1. COMMERCIAL REAL	1,457,130	N/A	1,457,130	1,457,130
F2. INDUSTRIAL REAL	66,360	N/A	66,360	66,360
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	33,091,500	0.9842	33,622,739	33,091,500
L1. COMMERCIAL PERSONAL	1,105,940	N/A	1,105,940	1,105,940
L2. INDUSTRIAL PERSONAL	96,220	N/A	96,220	96,220
M. MOBILE HOMES	235,940	N/A	235,940	235,940
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	510	N/A	510	510
Subtotal	79,280,915		79,272,632	79,280,915
Less Total Deductions	8,015,782		8,147,325	8,015,782
Total Taxable Value	71,265,133		71,125,307	71,265,133

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
73,045,143	71,265,133	73,045,143	71,265,133

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
1,780,010	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
73,045,143	71,265,133	73,045,143	71,265,133

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