taxes Property Tax Assistance

2019 ISD Summary Worksheet

011-Bastrop

011-904/Smithville ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 537,006,092 N/A 537,006,092 537,006,092
B. MULTIFAMILY RESIDENCES 10,209,058 N/A 10,209,058 10,209,058
C1. VACANT LOTS 27,659,925 N/A 27,659,925 27,659,925
D1. QUALIFIED AG LAND 10,634,593 N/A 10,634,593 10,634,593
D2. REAL PROP:FARM & RANCH 6,411,946 N/A 6,411,946 6,411,946
E. REAL PROP NONQUAL ACREAGE 371,897,698 N/A 371,897,698 371,897,698
F1. COMMERCIAL REAL 44,563,702 N/A 44,563,702 44,563,702
F2. INDUSTRIAL REAL 4,503,663 N/A 4,503,663 4,503,663
G. OIL,GAS,MINERALS 9,605,323 N/A 9,605,323 9,605,323
J. UTILITIES 40,352,590 N/A 40,352,590 40,352,590
L1. COMMERCIAL PERSONAL 14,895,815 N/A 14,895,815 14,895,815
L2. INDUSTRIAL PERSONAL 11,880,028 N/A 11,880,028 11,880,028
M. MOBILE HOMES 24,415,467 N/A 24,415,467 24,415,467
S. SPECIAL INVENTORY 1,714,388 N/A 1,714,388 1,714,388
Subtotal 1,115,750,288 0 1,115,750,288 1,115,750,288
Less Total Deductions 203,064,939 0 203,064,939 203,064,939
Total Taxable Value 912,685,349 0 912,685,349 912,685,349

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
935,358,028 912,685,349 935,358,028 912,685,349


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
22,672,679 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
935,358,028 912,685,349 935,358,028 912,685,349

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

075-Fayette

011-904/Smithville ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 2,282,030 N/A 2,282,030 2,282,030
C1. VACANT LOTS 361,170 N/A 361,170 361,170
D1. QUALIFIED AG LAND 488,640 N/A 488,640 488,640
D2. REAL PROP:FARM & RANCH 3,330 N/A 3,330 3,330
E. REAL PROP NONQUAL ACREAGE 14,452,800 N/A 14,452,800 14,452,800
F1. COMMERCIAL REAL 3,540 N/A 3,540 3,540
G. OIL,GAS,MINERALS 323,050 N/A 323,050 323,050
J. UTILITIES 2,107,920 N/A 2,107,920 2,107,920
L2. INDUSTRIAL PERSONAL 206,730 N/A 206,730 206,730
M. MOBILE HOMES 296,970 N/A 296,970 296,970
Subtotal 20,526,180 0 20,526,180 20,526,180
Less Total Deductions 2,581,783 0 2,581,783 2,581,783
Total Taxable Value 17,944,397 0 17,944,397 17,944,397

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
18,396,347 17,944,397 18,396,347 17,944,397


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
451,950 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
18,396,347 17,944,397 18,396,347 17,944,397

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

011-904-02/Smithville ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 539,288,122 N/A 539,288,122 539,288,122
B. MULTIFAMILY RESIDENCES 10,209,058 N/A 10,209,058 10,209,058
C1. VACANT LOTS 28,021,095 N/A 28,021,095 28,021,095
D1. QUALIFIED AG LAND 11,123,233 N/A 11,123,233 11,123,233
D2. REAL PROP:FARM & RANCH 6,415,276 N/A 6,415,276 6,415,276
E. REAL PROP NONQUAL ACREAGE 386,350,498 N/A 386,350,498 386,350,498
F1. COMMERCIAL REAL 44,567,242 N/A 44,567,242 44,567,242
F2. INDUSTRIAL REAL 4,503,663 N/A 4,503,663 4,503,663
G. OIL,GAS,MINERALS 9,928,373 N/A 9,928,373 9,928,373
J. UTILITIES 42,460,510 N/A 42,460,510 42,460,510
L1. COMMERCIAL PERSONAL 14,895,815 N/A 14,895,815 14,895,815
L2. INDUSTRIAL PERSONAL 12,086,758 N/A 12,086,758 12,086,758
M. MOBILE HOMES 24,712,437 N/A 24,712,437 24,712,437
S. SPECIAL INVENTORY 1,714,388 N/A 1,714,388 1,714,388
Subtotal 1,136,276,468 1,136,276,468 1,136,276,468
Less Total Deductions 205,646,722 205,646,722 205,646,722
Total Taxable Value 930,629,746 930,629,746 930,629,746

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
953,754,375 930,629,746 953,754,375 930,629,746


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
23,124,629 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
953,754,375 930,629,746 953,754,375 930,629,746

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