taxes Property Tax Assistance

2019 ISD Summary Worksheet

039-Clay

039-903/Petrolia CISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	81,588,620	0.9966	81,866,968	81,588,620
B. MULTIFAMILY RESIDENCES	319,230	N/A	319,230	319,230
C1. VACANT LOTS	3,028,140	N/A	3,028,140	3,028,140
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	13,469,010	1.0408	12,940,709	13,469,010
D2. REAL PROP:FARM & RANCH	2,831,580	N/A	2,831,580	2,831,580
E. REAL PROP NONQUAL ACREAGE	34,623,580	0.9768	35,445,925	34,623,580
F1. COMMERCIAL REAL	3,372,460	N/A	3,372,460	3,372,460
F2. INDUSTRIAL REAL	25,180	N/A	25,180	25,180
G. OIL,GAS,MINERALS	1,613,840	N/A	1,613,840	1,613,840
J. UTILITIES	38,350,630	1.0643	36,033,665	38,350,630
L1. COMMERCIAL PERSONAL	2,802,560	N/A	2,802,560	2,802,560
L2. INDUSTRIAL PERSONAL	366,190	N/A	366,190	366,190
M. MOBILE HOMES	1,272,460	N/A	1,272,460	1,272,460
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	65,320	N/A	65,320	65,320
Subtotal	183,728,800	0	181,984,227	183,728,800
Less Total Deductions	40,291,807	0	40,402,759	40,291,807
Total Taxable Value	143,436,993	0	141,581,468	143,436,993

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
150,448,283	143,436,993	150,448,283	143,436,993

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
7,011,290	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
150,448,283	143,436,993	150,448,283	143,436,993

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

039-903-02/Petrolia CISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	81,588,620	0.9966	81,866,968	81,588,620
B. MULTIFAMILY RESIDENCES	319,230	N/A	319,230	319,230
C1. VACANT LOTS	3,028,140	N/A	3,028,140	3,028,140
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	13,469,010	1.0408	12,940,709	13,469,010
D2. REAL PROP:FARM & RANCH	2,831,580	N/A	2,831,580	2,831,580
E. REAL PROP NONQUAL ACREAGE	34,623,580	0.9768	35,445,925	34,623,580
F1. COMMERCIAL REAL	3,372,460	N/A	3,372,460	3,372,460
F2. INDUSTRIAL REAL	25,180	N/A	25,180	25,180
G. OIL,GAS,MINERALS	1,613,840	N/A	1,613,840	1,613,840
J. UTILITIES	38,350,630	1.0643	36,033,665	38,350,630
L1. COMMERCIAL PERSONAL	2,802,560	N/A	2,802,560	2,802,560
L2. INDUSTRIAL PERSONAL	366,190	N/A	366,190	366,190
M. MOBILE HOMES	1,272,460	N/A	1,272,460	1,272,460
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	65,320	N/A	65,320	65,320
Subtotal	183,728,800		181,984,227	183,728,800
Less Total Deductions	40,291,807		40,402,759	40,291,807
Total Taxable Value	143,436,993		141,581,468	143,436,993

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
150,448,283	143,436,993	150,448,283	143,436,993

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
7,011,290	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
150,448,283	143,436,993	150,448,283	143,436,993

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