taxes Property Tax Assistance

2019 ISD Summary Worksheet

083-Gaines

083-902/Loop ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 7,120 N/A 7,120 7,120
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 198,390 N/A 198,390 198,390
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 11,450,682 1.5101 7,582,729 11,450,682
D2. REAL PROP:FARM & RANCH 594,962 N/A 594,962 594,962
E. REAL PROP NONQUAL ACREAGE 22,865,060 0.8011 28,542,080 22,865,060
F1. COMMERCIAL REAL 261,730 N/A 261,730 261,730
F2. INDUSTRIAL REAL 4,423,090 N/A 4,423,090 4,423,090
G. OIL,GAS,MINERALS 152,388,330 0.9890 154,083,246 152,388,330
J. UTILITIES 12,565,300 0.9732 12,911,323 12,565,300
L1. COMMERCIAL PERSONAL 377,900 N/A 377,900 377,900
L2. INDUSTRIAL PERSONAL 16,540,620 N/A 16,540,620 16,540,620
M. MOBILE HOMES 617,370 N/A 617,370 617,370
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 222,290,554 0 226,140,560 222,290,554
Less Total Deductions 6,068,645 0 6,068,645 6,068,645
Total Taxable Value 216,221,909 0 220,071,915 216,221,909

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
217,022,000 216,221,909 216,098,474 215,298,383


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
800,091 923,526


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
217,022,000 216,221,909 216,098,474 215,298,383

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

223-Terry

083-902/Loop ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
D1. QUALIFIED AG LAND 581,871 N/A 581,871 581,871
D2. REAL PROP:FARM & RANCH 22,248 N/A 22,248 22,248
E. REAL PROP NONQUAL ACREAGE 18,721 N/A 18,721 18,721
G. OIL,GAS,MINERALS 5,587,117 N/A 5,587,117 5,587,117
J. UTILITIES 483,613 N/A 483,613 483,613
Subtotal 6,693,570 0 6,693,570 6,693,570
Less Total Deductions 0 0 0 0
Total Taxable Value 6,693,570 0 6,693,570 6,693,570

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
6,693,570 6,693,570 6,693,570 6,693,570


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
0 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
6,693,570 6,693,570 6,693,570 6,693,570

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

083-902-02/Loop ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 7,120 N/A 7,120 7,120
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 198,390 N/A 198,390 198,390
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 12,032,553 1.4737 8,164,600 12,032,553
D2. REAL PROP:FARM & RANCH 617,210 N/A 617,210 617,210
E. REAL PROP NONQUAL ACREAGE 22,883,781 0.8012 28,560,801 22,883,781
F1. COMMERCIAL REAL 261,730 N/A 261,730 261,730
F2. INDUSTRIAL REAL 4,423,090 N/A 4,423,090 4,423,090
G. OIL,GAS,MINERALS 157,975,447 0.9894 159,670,363 157,975,447
J. UTILITIES 13,048,913 0.9742 13,394,936 13,048,913
L1. COMMERCIAL PERSONAL 377,900 N/A 377,900 377,900
L2. INDUSTRIAL PERSONAL 16,540,620 N/A 16,540,620 16,540,620
M. MOBILE HOMES 617,370 N/A 617,370 617,370
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 0 N/A 0 0
Subtotal 228,984,124 232,834,130 228,984,124
Less Total Deductions 6,068,645 6,068,645 6,068,645
Total Taxable Value 222,915,479 226,765,485 222,915,479

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
223,715,570 222,915,479 222,792,044 221,991,953


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
800,091 923,526


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
223,715,570 222,915,479 222,792,044 221,991,953

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