taxes Property Tax Assistance

2019 ISD Summary Worksheet

120-Jackson

120-901/Edna ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 203,456,425 0.8844 230,050,232 203,456,425
B. MULTIFAMILY RESIDENCES 4,647,422 N/A 4,647,422 4,647,422
C1. VACANT LOTS 8,015,160 N/A 8,015,160 8,015,160
D1. QUALIFIED AG LAND 31,496,180 1.1840 26,601,556 31,496,180
D2. REAL PROP:FARM & RANCH 11,727,959 N/A 11,727,959 11,727,959
E. REAL PROP NONQUAL ACREAGE 79,091,343 1.0234 77,282,923 79,091,343
F1. COMMERCIAL REAL 61,880,248 0.7767 79,670,720 61,880,248
F2. INDUSTRIAL REAL 91,672,170 N/A 91,672,170 91,672,170
G. OIL,GAS,MINERALS 10,473,670 N/A 10,473,670 10,473,670
J. UTILITIES 134,908,258 0.9258 145,720,737 134,908,258
L1. COMMERCIAL PERSONAL 14,888,580 N/A 14,888,580 14,888,580
L2. INDUSTRIAL PERSONAL 60,858,380 N/A 60,858,380 60,858,380
M. MOBILE HOMES 6,924,140 N/A 6,924,140 6,924,140
O. RESIDENTIAL INVENTORY 42,000 N/A 42,000 42,000
S. SPECIAL INVENTORY 224,670 N/A 224,670 224,670
Subtotal 720,306,605 0 768,800,319 720,306,605
Less Total Deductions 162,895,219 0 173,898,832 162,895,219
Total Taxable Value 557,411,386 0 594,901,487 557,411,386

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
573,349,575 557,411,386 573,349,575 557,411,386


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
15,938,189 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
642,312,075 626,373,886 642,312,075 626,373,886

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 ONE OF THE GRACE PERIOD

120-901-02/Edna ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 203,456,425 0.8844 230,050,232 203,456,425
B. MULTIFAMILY RESIDENCES 4,647,422 N/A 4,647,422 4,647,422
C1. VACANT LOTS 8,015,160 N/A 8,015,160 8,015,160
D1. QUALIFIED AG LAND 31,496,180 1.1840 26,601,556 31,496,180
D2. REAL PROP:FARM & RANCH 11,727,959 N/A 11,727,959 11,727,959
E. REAL PROP NONQUAL ACREAGE 79,091,343 1.0234 77,282,923 79,091,343
F1. COMMERCIAL REAL 61,880,248 0.7767 79,670,720 61,880,248
F2. INDUSTRIAL REAL 91,672,170 N/A 91,672,170 91,672,170
G. OIL,GAS,MINERALS 10,473,670 N/A 10,473,670 10,473,670
J. UTILITIES 134,908,258 0.9258 145,720,737 134,908,258
L1. COMMERCIAL PERSONAL 14,888,580 N/A 14,888,580 14,888,580
L2. INDUSTRIAL PERSONAL 60,858,380 N/A 60,858,380 60,858,380
M. MOBILE HOMES 6,924,140 N/A 6,924,140 6,924,140
O. RESIDENTIAL INVENTORY 42,000 N/A 42,000 42,000
S. SPECIAL INVENTORY 224,670 N/A 224,670 224,670
Subtotal 720,306,605 768,800,319 720,306,605
Less Total Deductions 162,895,219 173,898,832 162,895,219
Total Taxable Value 557,411,386 594,901,487 557,411,386

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
573,349,575 557,411,386 573,349,575 557,411,386


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
15,938,189 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
642,312,075 626,373,886 642,312,075 626,373,886

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