taxes Property Tax Assistance

2019 ISD Summary Worksheet

145-Leon

145-906/Normangee ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 132,581,920 0.9729 136,274,972 132,581,920
B. MULTIFAMILY RESIDENCES 310,970 N/A 310,970 310,970
C1. VACANT LOTS 16,227,830 0.7530 21,550,903 16,227,830
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 4,649,460 0.9682 4,472,778 4,649,460
D2. REAL PROP:FARM & RANCH 4,343,870 N/A 4,343,870 4,343,870
E. REAL PROP NONQUAL ACREAGE 84,071,860 0.9723 86,466,996 84,071,860
F1. COMMERCIAL REAL 6,499,850 N/A 6,499,850 6,499,850
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 19,371,750 N/A 19,371,750 19,371,750
J. UTILITIES 61,417,350 0.8865 69,280,711 61,417,350
L1. COMMERCIAL PERSONAL 8,113,960 N/A 8,113,960 8,113,960
L2. INDUSTRIAL PERSONAL 460,230 N/A 460,230 460,230
M. MOBILE HOMES 5,070,450 N/A 5,070,450 5,070,450
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 1,115,370 N/A 1,115,370 1,115,370
Subtotal 344,234,870 0 363,332,810 344,234,870
Less Total Deductions 86,158,900 0 88,804,125 86,158,900
Total Taxable Value 258,075,970 0 274,528,685 258,075,970

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
267,668,665 258,075,970 254,501,770 244,909,075


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
9,592,695 13,166,895


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
267,668,665 258,075,970 254,501,770 244,909,075

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

154-Madison

145-906/Normangee ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 2,269,920 N/A 2,269,920 2,269,920
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 253,489 N/A 253,489 253,489
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 2,257,300 N/A 2,257,300 2,257,300
D2. REAL PROP:FARM & RANCH 6,613,450 N/A 6,613,450 6,613,450
E. REAL PROP NONQUAL ACREAGE 38,172,272 N/A 38,172,272 38,172,272
F1. COMMERCIAL REAL 1,854,840 N/A 1,854,840 1,854,840
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 25,344,580 N/A 25,344,580 25,344,580
J. UTILITIES 23,418,580 N/A 23,418,580 23,418,580
L1. COMMERCIAL PERSONAL 833,570 N/A 833,570 833,570
L2. INDUSTRIAL PERSONAL 1,414,730 N/A 1,414,730 1,414,730
M. MOBILE HOMES 647,390 N/A 647,390 647,390
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 323,810 N/A 323,810 323,810
Subtotal 103,403,931 0 103,403,931 103,403,931
Less Total Deductions 9,038,292 0 9,038,292 9,038,292
Total Taxable Value 94,365,639 0 94,365,639 94,365,639

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
95,736,302 94,365,639 93,448,618 92,077,955


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,370,663 2,287,684


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
95,736,302 94,365,639 93,448,618 92,077,955

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

145-906-02/Normangee ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 134,851,840 0.9733 138,544,892 134,851,840
B. MULTIFAMILY RESIDENCES 310,970 N/A 310,970 310,970
C1. VACANT LOTS 16,481,319 0.7559 21,804,392 16,481,319
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 6,906,760 1.0263 6,730,078 6,906,760
D2. REAL PROP:FARM & RANCH 10,957,320 N/A 10,957,320 10,957,320
E. REAL PROP NONQUAL ACREAGE 122,244,132 0.9808 124,639,268 122,244,132
F1. COMMERCIAL REAL 8,354,690 N/A 8,354,690 8,354,690
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 44,716,330 N/A 44,716,330 44,716,330
J. UTILITIES 84,835,930 0.9152 92,699,291 84,835,930
L1. COMMERCIAL PERSONAL 8,947,530 N/A 8,947,530 8,947,530
L2. INDUSTRIAL PERSONAL 1,874,960 N/A 1,874,960 1,874,960
M. MOBILE HOMES 5,717,840 N/A 5,717,840 5,717,840
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 0 N/A 0 0
S. SPECIAL INVENTORY 1,439,180 N/A 1,439,180 1,439,180
Subtotal 447,638,801 466,736,741 447,638,801
Less Total Deductions 95,197,192 97,842,417 95,197,192
Total Taxable Value 352,441,609 368,894,324 352,441,609

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
363,404,967 352,441,609 347,950,388 336,987,030


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
10,963,358 15,454,579


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
363,404,967 352,441,609 347,950,388 336,987,030

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