taxes Property Tax Assistance

2019 ISD Summary Worksheet

070-Ellis

070-915/Maypearl ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	260,458,907	0.9262	281,212,381	260,458,907
B. MULTIFAMILY RESIDENCES	1,675,213	N/A	1,675,213	1,675,213
C1. VACANT LOTS	2,919,245	N/A	2,919,245	2,919,245
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	5,323,353	3.1706	1,678,960	5,323,353
D2. REAL PROP:FARM & RANCH	7,130,215	N/A	7,130,215	7,130,215
E. REAL PROP NONQUAL ACREAGE	136,556,692	0.8789	155,372,274	136,556,692
F1. COMMERCIAL REAL	7,429,670	N/A	7,429,670	7,429,670
F2. INDUSTRIAL REAL	20,000	N/A	20,000	20,000
G. OIL,GAS,MINERALS	109,157	N/A	109,157	109,157
J. UTILITIES	27,188,156	0.8138	33,408,892	27,188,156
L1. COMMERCIAL PERSONAL	2,679,906	N/A	2,679,906	2,679,906
L2. INDUSTRIAL PERSONAL	9,338,080	N/A	9,338,080	9,338,080
M. MOBILE HOMES	2,922,450	N/A	2,922,450	2,922,450
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	4,895,100	N/A	4,895,100	4,895,100
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	468,646,144	0	510,791,543	468,646,144
Less Total Deductions	74,664,163	0	82,006,481	74,664,163
Total Taxable Value	393,981,981	0	428,785,062	393,981,981

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
406,057,050	393,981,981	406,057,050	393,981,981

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
12,075,069	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
406,057,050	393,981,981	406,057,050	393,981,981

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR TWO OF THE GRACE PERIOD

070-915-02/Maypearl ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	260,458,907	0.9262	281,212,381	260,458,907
B. MULTIFAMILY RESIDENCES	1,675,213	N/A	1,675,213	1,675,213
C1. VACANT LOTS	2,919,245	N/A	2,919,245	2,919,245
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	5,323,353	3.1706	1,678,960	5,323,353
D2. REAL PROP:FARM & RANCH	7,130,215	N/A	7,130,215	7,130,215
E. REAL PROP NONQUAL ACREAGE	136,556,692	0.8789	155,372,274	136,556,692
F1. COMMERCIAL REAL	7,429,670	N/A	7,429,670	7,429,670
F2. INDUSTRIAL REAL	20,000	N/A	20,000	20,000
G. OIL,GAS,MINERALS	109,157	N/A	109,157	109,157
J. UTILITIES	27,188,156	0.8138	33,408,892	27,188,156
L1. COMMERCIAL PERSONAL	2,679,906	N/A	2,679,906	2,679,906
L2. INDUSTRIAL PERSONAL	9,338,080	N/A	9,338,080	9,338,080
M. MOBILE HOMES	2,922,450	N/A	2,922,450	2,922,450
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	4,895,100	N/A	4,895,100	4,895,100
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	468,646,144		510,791,543	468,646,144
Less Total Deductions	74,664,163		82,006,481	74,664,163
Total Taxable Value	393,981,981		428,785,062	393,981,981

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
406,057,050	393,981,981	406,057,050	393,981,981

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
12,075,069	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
406,057,050	393,981,981	406,057,050	393,981,981

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