taxes Property Tax Assistance

2019 ISD Summary Worksheet

135-King

135-001/Guthrie CSD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,494,270 N/A 1,494,270 1,494,270
C1. VACANT LOTS 284,480 N/A 284,480 284,480
D1. QUALIFIED AG LAND 15,630,484 1.0390 15,044,016 15,630,484
D2. REAL PROP:FARM & RANCH 3,337,490 N/A 3,337,490 3,337,490
E. REAL PROP NONQUAL ACREAGE 7,738,490 N/A 7,738,490 7,738,490
F1. COMMERCIAL REAL 98,650 N/A 98,650 98,650
F2. INDUSTRIAL REAL 14,356,630 N/A 14,356,630 14,356,630
G. OIL,GAS,MINERALS 125,000,300 0.9966 125,426,751 125,000,300
J. UTILITIES 26,980,470 1.0648 25,338,533 26,980,470
L1. COMMERCIAL PERSONAL 533,203 N/A 533,203 533,203
L2. INDUSTRIAL PERSONAL 2,431,380 N/A 2,431,380 2,431,380
M. MOBILE HOMES 185,190 N/A 185,190 185,190
Subtotal 198,071,037 0 196,269,083 198,071,037
Less Total Deductions 1,144,436 0 1,144,436 1,144,436
Total Taxable Value 196,926,601 0 195,124,647 196,926,601

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
197,124,151 196,926,601 196,987,491 196,789,941


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
197,550 136,660


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
197,124,151 196,926,601 196,987,491 196,789,941

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

135-001-02/Guthrie CSD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 1,494,270 N/A 1,494,270 1,494,270
C1. VACANT LOTS 284,480 N/A 284,480 284,480
D1. QUALIFIED AG LAND 15,630,484 1.0390 15,044,016 15,630,484
D2. REAL PROP:FARM & RANCH 3,337,490 N/A 3,337,490 3,337,490
E. REAL PROP NONQUAL ACREAGE 7,738,490 N/A 7,738,490 7,738,490
F1. COMMERCIAL REAL 98,650 N/A 98,650 98,650
F2. INDUSTRIAL REAL 14,356,630 N/A 14,356,630 14,356,630
G. OIL,GAS,MINERALS 125,000,300 0.9966 125,426,751 125,000,300
J. UTILITIES 26,980,470 1.0648 25,338,533 26,980,470
L1. COMMERCIAL PERSONAL 533,203 N/A 533,203 533,203
L2. INDUSTRIAL PERSONAL 2,431,380 N/A 2,431,380 2,431,380
M. MOBILE HOMES 185,190 N/A 185,190 185,190
Subtotal 198,071,037 196,269,083 198,071,037
Less Total Deductions 1,144,436 1,144,436 1,144,436
Total Taxable Value 196,926,601 195,124,647 196,926,601

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
197,124,151 196,926,601 196,987,491 196,789,941


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
197,550 136,660


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
197,124,151 196,926,601 196,987,491 196,789,941

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