taxes Property Tax Assistance

2019 ISD Summary Worksheet

070-Ellis

070-911/Red Oak ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	1,883,406,540	0.9704	1,940,855,874	1,883,406,540
B. MULTIFAMILY RESIDENCES	71,816,856	N/A	71,816,856	71,816,856
C1. VACANT LOTS	30,093,426	N/A	30,093,426	30,093,426
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	1,676,407	1.9956	840,038	1,676,407
D2. REAL PROP:FARM & RANCH	1,579,761	N/A	1,579,761	1,579,761
E. REAL PROP NONQUAL ACREAGE	63,428,347	N/A	63,428,347	63,428,347
F1. COMMERCIAL REAL	163,476,914	0.9342	174,991,344	163,476,914
F2. INDUSTRIAL REAL	136,763,430	N/A	136,763,430	136,763,430
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	29,519,146	N/A	29,519,146	29,519,146
L1. COMMERCIAL PERSONAL	41,299,904	N/A	41,299,904	41,299,904
L2. INDUSTRIAL PERSONAL	232,516,820	N/A	232,516,820	232,516,820
M. MOBILE HOMES	5,296,190	N/A	5,296,190	5,296,190
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	39,228,344	N/A	39,228,344	39,228,344
S. SPECIAL INVENTORY	139,870	N/A	139,870	139,870
Subtotal	2,700,241,955	0	2,768,369,350	2,700,241,955
Less Total Deductions	650,824,333	0	665,670,180	650,824,333
Total Taxable Value	2,049,417,622	0	2,102,699,170	2,049,417,622

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
2,115,263,429	2,049,417,622	2,115,263,429	2,049,417,622

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
65,845,807	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
2,147,524,389	2,081,678,582	2,147,524,389	2,081,678,582

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

070-911-02/Red Oak ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	1,883,406,540	0.9704	1,940,855,874	1,883,406,540
B. MULTIFAMILY RESIDENCES	71,816,856	N/A	71,816,856	71,816,856
C1. VACANT LOTS	30,093,426	N/A	30,093,426	30,093,426
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	1,676,407	1.9956	840,038	1,676,407
D2. REAL PROP:FARM & RANCH	1,579,761	N/A	1,579,761	1,579,761
E. REAL PROP NONQUAL ACREAGE	63,428,347	N/A	63,428,347	63,428,347
F1. COMMERCIAL REAL	163,476,914	0.9342	174,991,344	163,476,914
F2. INDUSTRIAL REAL	136,763,430	N/A	136,763,430	136,763,430
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	29,519,146	N/A	29,519,146	29,519,146
L1. COMMERCIAL PERSONAL	41,299,904	N/A	41,299,904	41,299,904
L2. INDUSTRIAL PERSONAL	232,516,820	N/A	232,516,820	232,516,820
M. MOBILE HOMES	5,296,190	N/A	5,296,190	5,296,190
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	39,228,344	N/A	39,228,344	39,228,344
S. SPECIAL INVENTORY	139,870	N/A	139,870	139,870
Subtotal	2,700,241,955		2,768,369,350	2,700,241,955
Less Total Deductions	650,824,333		665,670,180	650,824,333
Total Taxable Value	2,049,417,622		2,102,699,170	2,049,417,622

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
2,115,263,429	2,049,417,622	2,115,263,429	2,049,417,622

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
65,845,807	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
2,147,524,389	2,081,678,582	2,147,524,389	2,081,678,582

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