taxes Property Tax Assistance

2019 ISD Summary Worksheet

095-Hale

140-905/Olton ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
D1. QUALIFIED AG LAND 11,004,613 1.8781 5,859,420 11,004,613
D2. REAL PROP:FARM & RANCH 479,539 N/A 479,539 479,539
E. REAL PROP NONQUAL ACREAGE 5,541,923 0.9257 5,986,738 5,541,923
F1. COMMERCIAL REAL 61,861 N/A 61,861 61,861
F2. INDUSTRIAL REAL 190,408 N/A 190,408 190,408
J. UTILITIES 2,871,360 0.9707 2,958,030 2,871,360
L1. COMMERCIAL PERSONAL 557,196 N/A 557,196 557,196
L2. INDUSTRIAL PERSONAL 17,050 N/A 17,050 17,050
Subtotal 20,723,950 0 16,110,242 20,723,950
Less Total Deductions 1,484,586 0 1,031,453 1,484,586
Total Taxable Value 19,239,364 0 15,078,789 19,239,364

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
19,569,626 19,239,364 19,569,626 19,239,364


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
330,262 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
19,569,626 19,239,364 19,569,626 19,239,364

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 LOCAL VALUE IS GREATER THAN PTAD VALUE

140-Lamb

140-905/Olton ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 35,365,000 0.9174 38,549,161 35,365,000
B. MULTIFAMILY RESIDENCES 107,920 N/A 107,920 107,920
C1. VACANT LOTS 358,400 N/A 358,400 358,400
D1. QUALIFIED AG LAND 37,750,586 1.4382 26,248,739 37,750,586
D2. REAL PROP:FARM & RANCH 2,230,091 N/A 2,230,091 2,230,091
E. REAL PROP NONQUAL ACREAGE 21,727,171 1.0988 19,773,545 21,727,171
F1. COMMERCIAL REAL 4,968,142 N/A 4,968,142 4,968,142
F2. INDUSTRIAL REAL 10,053,970 N/A 10,053,970 10,053,970
J. UTILITIES 16,470,430 0.9832 16,751,861 16,470,430
L1. COMMERCIAL PERSONAL 9,367,920 1.1229 8,342,613 9,367,920
L2. INDUSTRIAL PERSONAL 2,433,120 N/A 2,433,120 2,433,120
M. MOBILE HOMES 1,207,390 N/A 1,207,390 1,207,390
S. SPECIAL INVENTORY 246,870 N/A 246,870 246,870
Subtotal 142,287,010 0 131,271,822 142,287,010
Less Total Deductions 14,948,756 0 15,885,656 14,948,756
Total Taxable Value 127,338,254 0 115,386,166 127,338,254

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
130,742,539 127,338,254 130,742,539 127,338,254


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,404,285 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
130,742,539 127,338,254 130,742,539 127,338,254

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 LOCAL VALUE IS GREATER THAN PTAD VALUE

140-905-02/Olton ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 35,365,000 0.9174 38,549,161 35,365,000
B. MULTIFAMILY RESIDENCES 107,920 N/A 107,920 107,920
C1. VACANT LOTS 358,400 N/A 358,400 358,400
D1. QUALIFIED AG LAND 48,755,199 1.5185 32,108,159 48,755,199
D2. REAL PROP:FARM & RANCH 2,709,630 N/A 2,709,630 2,709,630
E. REAL PROP NONQUAL ACREAGE 27,269,094 1.0586 25,760,283 27,269,094
F1. COMMERCIAL REAL 5,030,003 N/A 5,030,003 5,030,003
F2. INDUSTRIAL REAL 10,244,378 N/A 10,244,378 10,244,378
J. UTILITIES 19,341,790 0.9813 19,709,891 19,341,790
L1. COMMERCIAL PERSONAL 9,925,116 1.1152 8,899,809 9,925,116
L2. INDUSTRIAL PERSONAL 2,450,170 N/A 2,450,170 2,450,170
M. MOBILE HOMES 1,207,390 N/A 1,207,390 1,207,390
S. SPECIAL INVENTORY 246,870 N/A 246,870 246,870
Subtotal 163,010,960 147,382,064 163,010,960
Less Total Deductions 16,433,342 16,917,109 16,433,342
Total Taxable Value 146,577,618 130,464,955 146,577,618

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
150,312,165 146,577,618 150,312,165 146,577,618


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
3,734,547 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
150,312,165 146,577,618 150,312,165 146,577,618

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