taxes Property Tax Assistance

2019 ISD Summary Worksheet

127-Jones

221-904/Merkel ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
C1. VACANT LOTS 95,190 N/A 95,190 95,190
D1. QUALIFIED AG LAND 2,098,270 N/A 2,098,270 2,098,270
D2. REAL PROP:FARM & RANCH 671,100 N/A 671,100 671,100
E. REAL PROP NONQUAL ACREAGE 35,193,190 N/A 35,193,190 35,193,190
F1. COMMERCIAL REAL 354,800 N/A 354,800 354,800
F2. INDUSTRIAL REAL 86,560 N/A 86,560 86,560
G. OIL,GAS,MINERALS 3,200,160 N/A 3,200,160 3,200,160
J. UTILITIES 11,002,920 N/A 11,002,920 11,002,920
L1. COMMERCIAL PERSONAL 392,860 N/A 392,860 392,860
L2. INDUSTRIAL PERSONAL 4,807,920 N/A 4,807,920 4,807,920
M. MOBILE HOMES 954,000 N/A 954,000 954,000
Subtotal 58,856,970 0 58,856,970 58,856,970
Less Total Deductions 11,250,243 0 8,001,740 11,250,243
Total Taxable Value 47,606,727 0 50,855,230 47,606,727

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
49,398,727 47,606,727 49,398,727 47,606,727


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,792,000 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
49,398,727 47,606,727 49,398,727 47,606,727

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

221-Taylor

221-904/Merkel ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 101,365,875 0.9508 106,611,143 101,365,875
B. MULTIFAMILY RESIDENCES 1,013,035 N/A 1,013,035 1,013,035
C1. VACANT LOTS 5,588,633 N/A 5,588,633 5,588,633
D1. QUALIFIED AG LAND 10,087,936 1.0739 9,393,787 10,087,936
D2. REAL PROP:FARM & RANCH 1,073,854 N/A 1,073,854 1,073,854
E. REAL PROP NONQUAL ACREAGE 45,947,124 0.8397 54,718,499 45,947,124
F1. COMMERCIAL REAL 50,049,875 0.9775 51,201,918 50,049,875
F2. INDUSTRIAL REAL 74,205,377 N/A 74,205,377 74,205,377
G. OIL,GAS,MINERALS 5,520,659 N/A 5,520,659 5,520,659
J. UTILITIES 69,102,090 0.9555 72,320,345 69,102,090
L1. COMMERCIAL PERSONAL 63,347,434 1.0421 60,788,249 63,347,434
L2. INDUSTRIAL PERSONAL 14,697,023 N/A 14,697,023 14,697,023
M. MOBILE HOMES 6,010,637 N/A 6,010,637 6,010,637
S. SPECIAL INVENTORY 1,638,106 N/A 1,638,106 1,638,106
Subtotal 449,647,658 0 464,781,265 449,647,658
Less Total Deductions 45,600,296 0 47,646,556 45,600,296
Total Taxable Value 404,047,362 0 417,134,709 404,047,362

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
413,727,324 404,047,362 413,727,324 404,047,362


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,679,962 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
413,727,324 404,047,362 413,727,324 404,047,362

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

221-904-02/Merkel ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 101,365,875 0.9508 106,611,143 101,365,875
B. MULTIFAMILY RESIDENCES 1,013,035 N/A 1,013,035 1,013,035
C1. VACANT LOTS 5,683,823 N/A 5,683,823 5,683,823
D1. QUALIFIED AG LAND 12,186,206 1.0604 11,492,057 12,186,206
D2. REAL PROP:FARM & RANCH 1,744,954 N/A 1,744,954 1,744,954
E. REAL PROP NONQUAL ACREAGE 81,140,314 0.9024 89,911,689 81,140,314
F1. COMMERCIAL REAL 50,404,675 0.9777 51,556,718 50,404,675
F2. INDUSTRIAL REAL 74,291,937 N/A 74,291,937 74,291,937
G. OIL,GAS,MINERALS 8,720,819 N/A 8,720,819 8,720,819
J. UTILITIES 80,105,010 0.9614 83,323,265 80,105,010
L1. COMMERCIAL PERSONAL 63,740,294 1.0418 61,181,109 63,740,294
L2. INDUSTRIAL PERSONAL 19,504,943 N/A 19,504,943 19,504,943
M. MOBILE HOMES 6,964,637 N/A 6,964,637 6,964,637
S. SPECIAL INVENTORY 1,638,106 N/A 1,638,106 1,638,106
Subtotal 508,504,628 523,638,235 508,504,628
Less Total Deductions 56,850,539 55,648,296 56,850,539
Total Taxable Value 451,654,089 467,989,939 451,654,089

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
463,126,051 451,654,089 463,126,051 451,654,089


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
11,471,962 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
463,126,051 451,654,089 463,126,051 451,654,089

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