taxes Property Tax Assistance

2019 ISD Summary Worksheet

060-Delta

116-903/Commerce ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,058,890 N/A 1,058,890 1,058,890
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 0 N/A 0 0
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 146,890 N/A 146,890 146,890
D2. REAL PROP:FARM & RANCH 122,950 N/A 122,950 122,950
E. REAL PROP NONQUAL ACREAGE 2,666,749 N/A 2,666,749 2,666,749
F1. COMMERCIAL REAL 0 N/A 0 0
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 2,240 N/A 2,240 2,240
L1. COMMERCIAL PERSONAL 0 N/A 0 0
L2. INDUSTRIAL PERSONAL 0 N/A 0 0
M. MOBILE HOMES 0 N/A 0 0
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 3,997,719 0 3,997,719 3,997,719
Less Total Deductions 1,019,415 0 1,019,415 1,019,415
Total Taxable Value 2,978,304 0 2,978,304 2,978,304

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
3,141,600 2,978,304 3,141,600 2,978,304


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
163,296 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
3,141,600 2,978,304 3,141,600 2,978,304

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

116-Hunt

116-903/Commerce ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 151,247,172 0.9621 157,205,251 151,247,172
B. MULTIFAMILY RESIDENCES 42,293,541 0.7947 53,219,505 42,293,541
C1. VACANT LOTS 6,661,464 N/A 6,661,464 6,661,464
D1. QUALIFIED AG LAND 6,231,260 1.0764 5,788,862 6,231,260
D2. REAL PROP:FARM & RANCH 6,371,593 N/A 6,371,593 6,371,593
E. REAL PROP NONQUAL ACREAGE 161,130,513 0.9927 162,315,416 161,130,513
F1. COMMERCIAL REAL 62,297,379 0.9128 68,248,662 62,297,379
F2. INDUSTRIAL REAL 25,245,678 N/A 25,245,678 25,245,678
J. UTILITIES 31,232,900 0.9695 32,215,472 31,232,900
L1. COMMERCIAL PERSONAL 39,431,095 1.1193 35,228,353 39,431,095
L2. INDUSTRIAL PERSONAL 54,459,825 N/A 54,459,825 54,459,825
M. MOBILE HOMES 2,497,880 N/A 2,497,880 2,497,880
O. RESIDENTIAL INVENTORY 193,040 N/A 193,040 193,040
S. SPECIAL INVENTORY 1,359,480 N/A 1,359,480 1,359,480
Subtotal 590,652,820 0 611,010,481 590,652,820
Less Total Deductions 91,351,163 0 95,006,761 91,351,163
Total Taxable Value 499,301,657 0 516,003,720 499,301,657

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
513,068,487 499,301,657 513,068,487 499,301,657


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
13,766,830 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
513,068,487 499,301,657 513,068,487 499,301,657

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

116-903-02/Commerce ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 152,306,062 0.9624 158,264,141 152,306,062
B. MULTIFAMILY RESIDENCES 42,293,541 0.7947 53,219,505 42,293,541
C1. VACANT LOTS 6,661,464 N/A 6,661,464 6,661,464
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 6,378,150 1.0745 5,935,752 6,378,150
D2. REAL PROP:FARM & RANCH 6,494,543 N/A 6,494,543 6,494,543
E. REAL PROP NONQUAL ACREAGE 163,797,262 0.9928 164,982,165 163,797,262
F1. COMMERCIAL REAL 62,297,379 0.9128 68,248,662 62,297,379
F2. INDUSTRIAL REAL 25,245,678 N/A 25,245,678 25,245,678
G. OIL,GAS,MINERALS 0 N/A 0 0
J. UTILITIES 31,235,140 0.9695 32,217,712 31,235,140
L1. COMMERCIAL PERSONAL 39,431,095 1.1193 35,228,353 39,431,095
L2. INDUSTRIAL PERSONAL 54,459,825 N/A 54,459,825 54,459,825
M. MOBILE HOMES 2,497,880 N/A 2,497,880 2,497,880
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 193,040 N/A 193,040 193,040
S. SPECIAL INVENTORY 1,359,480 N/A 1,359,480 1,359,480
Subtotal 594,650,539 615,008,200 594,650,539
Less Total Deductions 92,370,578 96,026,176 92,370,578
Total Taxable Value 502,279,961 518,982,024 502,279,961

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
516,210,087 502,279,961 516,210,087 502,279,961


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
13,930,126 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
516,210,087 502,279,961 516,210,087 502,279,961

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