taxes Property Tax Assistance

2019 ISD Summary Worksheet

133-Kerr

133-904/Ingram ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 331,265,924 0.9212 359,602,610 331,265,924
B. MULTIFAMILY RESIDENCES 4,682,563 N/A 4,682,563 4,682,563
C1. VACANT LOTS 21,047,940 N/A 21,047,940 21,047,940
D1. QUALIFIED AG LAND 7,268,967 0.7882 9,222,201 7,268,967
D2. REAL PROP:FARM & RANCH 1,190,967 N/A 1,190,967 1,190,967
E. REAL PROP NONQUAL ACREAGE 210,809,654 0.9474 222,513,884 210,809,654
F1. COMMERCIAL REAL 62,446,920 0.6879 90,779,067 62,446,920
F2. INDUSTRIAL REAL 5,000 N/A 5,000 5,000
J. UTILITIES 11,019,973 N/A 11,019,973 11,019,973
L1. COMMERCIAL PERSONAL 19,164,309 N/A 19,164,309 19,164,309
L2. INDUSTRIAL PERSONAL 10,810,574 N/A 10,810,574 10,810,574
M. MOBILE HOMES 47,295,214 N/A 47,295,214 47,295,214
O. RESIDENTIAL INVENTORY 1,245,959 N/A 1,245,959 1,245,959
S. SPECIAL INVENTORY 451,957 N/A 451,957 451,957
Subtotal 728,705,921 0 799,032,218 728,705,921
Less Total Deductions 139,172,943 0 159,414,935 139,172,943
Total Taxable Value 589,532,978 0 639,617,283 589,532,978

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
609,531,422 589,532,978 609,531,422 589,532,978


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
19,998,444 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
609,531,422 589,532,978 609,531,422 589,532,978

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

133-904-02/Ingram ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 331,265,924 0.9212 359,602,610 331,265,924
B. MULTIFAMILY RESIDENCES 4,682,563 N/A 4,682,563 4,682,563
C1. VACANT LOTS 21,047,940 N/A 21,047,940 21,047,940
D1. QUALIFIED AG LAND 7,268,967 0.7882 9,222,201 7,268,967
D2. REAL PROP:FARM & RANCH 1,190,967 N/A 1,190,967 1,190,967
E. REAL PROP NONQUAL ACREAGE 210,809,654 0.9474 222,513,884 210,809,654
F1. COMMERCIAL REAL 62,446,920 0.6879 90,779,067 62,446,920
F2. INDUSTRIAL REAL 5,000 N/A 5,000 5,000
J. UTILITIES 11,019,973 N/A 11,019,973 11,019,973
L1. COMMERCIAL PERSONAL 19,164,309 N/A 19,164,309 19,164,309
L2. INDUSTRIAL PERSONAL 10,810,574 N/A 10,810,574 10,810,574
M. MOBILE HOMES 47,295,214 N/A 47,295,214 47,295,214
O. RESIDENTIAL INVENTORY 1,245,959 N/A 1,245,959 1,245,959
S. SPECIAL INVENTORY 451,957 N/A 451,957 451,957
Subtotal 728,705,921 799,032,218 728,705,921
Less Total Deductions 139,172,943 159,414,935 139,172,943
Total Taxable Value 589,532,978 639,617,283 589,532,978

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
609,531,422 589,532,978 609,531,422 589,532,978


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
19,998,444 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
609,531,422 589,532,978 609,531,422 589,532,978

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