taxes Property Tax Assistance

2019 ISD Summary Worksheet

077-Floyd

173-901/Motley County ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
D1. QUALIFIED AG LAND 1,288,020 N/A 1,288,020 1,288,020
D2. REAL PROP:FARM & RANCH 49,350 N/A 49,350 49,350
E. REAL PROP NONQUAL ACREAGE 384,780 N/A 384,780 384,780
G. OIL,GAS,MINERALS 7,400 N/A 7,400 7,400
J. UTILITIES 57,200 N/A 57,200 57,200
L2. INDUSTRIAL PERSONAL 17,810 N/A 17,810 17,810
Subtotal 1,804,560 0 1,804,560 1,804,560
Less Total Deductions 94,050 0 94,050 94,050
Total Taxable Value 1,710,510 0 1,710,510 1,710,510

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
1,740,510 1,710,510 1,740,510 1,710,510


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
30,000 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
1,740,510 1,710,510 1,740,510 1,710,510

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

173-Motley

173-901/Motley County ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 17,824,640 N/A 17,824,640 17,824,640
C1. VACANT LOTS 318,270 N/A 318,270 318,270
D1. QUALIFIED AG LAND 45,447,570 N/A 45,447,570 45,447,570
D2. REAL PROP:FARM & RANCH 759,760 N/A 759,760 759,760
E. REAL PROP NONQUAL ACREAGE 8,658,660 N/A 8,658,660 8,658,660
F1. COMMERCIAL REAL 2,171,998 N/A 2,171,998 2,171,998
F2. INDUSTRIAL REAL 163,210 N/A 163,210 163,210
G. OIL,GAS,MINERALS 3,592,630 N/A 3,592,630 3,592,630
J. UTILITIES 43,386,840 N/A 43,386,840 43,386,840
L1. COMMERCIAL PERSONAL 3,593,280 N/A 3,593,280 3,593,280
L2. INDUSTRIAL PERSONAL 2,575,120 N/A 2,575,120 2,575,120
M. MOBILE HOMES 431,740 N/A 431,740 431,740
Subtotal 128,923,718 0 128,923,718 128,923,718
Less Total Deductions 10,674,233 0 10,674,233 10,674,233
Total Taxable Value 118,249,485 0 118,249,485 118,249,485

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
120,854,725 118,249,485 120,854,725 118,249,485


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,605,240 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
120,854,725 118,249,485 120,854,725 118,249,485

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

173-901-02/Motley County ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 17,824,640 N/A 17,824,640 17,824,640
C1. VACANT LOTS 318,270 N/A 318,270 318,270
D1. QUALIFIED AG LAND 46,735,590 N/A 46,735,590 46,735,590
D2. REAL PROP:FARM & RANCH 809,110 N/A 809,110 809,110
E. REAL PROP NONQUAL ACREAGE 9,043,440 N/A 9,043,440 9,043,440
F1. COMMERCIAL REAL 2,171,998 N/A 2,171,998 2,171,998
F2. INDUSTRIAL REAL 163,210 N/A 163,210 163,210
G. OIL,GAS,MINERALS 3,600,030 N/A 3,600,030 3,600,030
J. UTILITIES 43,444,040 N/A 43,444,040 43,444,040
L1. COMMERCIAL PERSONAL 3,593,280 N/A 3,593,280 3,593,280
L2. INDUSTRIAL PERSONAL 2,592,930 N/A 2,592,930 2,592,930
M. MOBILE HOMES 431,740 N/A 431,740 431,740
Subtotal 130,728,278 130,728,278 130,728,278
Less Total Deductions 10,768,283 10,768,283 10,768,283
Total Taxable Value 119,959,995 119,959,995 119,959,995

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
122,595,235 119,959,995 122,595,235 119,959,995


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,635,240 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
122,595,235 119,959,995 122,595,235 119,959,995

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