taxes Property Tax Assistance

2019 ISD Summary Worksheet

187-Polk

187-906/Leggett ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 28,668,444 0.9942 28,835,691 28,668,444
C1. VACANT LOTS 2,138,274 N/A 2,138,274 2,138,274
D1. QUALIFIED AG LAND 11,660,828 1.0058 11,593,040 11,660,828
D2. REAL PROP:FARM & RANCH 1,084,088 N/A 1,084,088 1,084,088
E. REAL PROP NONQUAL ACREAGE 20,850,896 0.8992 23,188,274 20,850,896
F1. COMMERCIAL REAL 2,329,313 N/A 2,329,313 2,329,313
G. OIL,GAS,MINERALS 15,783,781 0.9968 15,834,451 15,783,781
J. UTILITIES 24,401,168 1.0147 24,047,667 24,401,168
L1. COMMERCIAL PERSONAL 1,602,593 N/A 1,602,593 1,602,593
M. MOBILE HOMES 4,252,331 N/A 4,252,331 4,252,331
O. RESIDENTIAL INVENTORY 2,754 N/A 2,754 2,754
Subtotal 112,774,470 0 114,908,476 112,774,470
Less Total Deductions 15,314,662 0 15,399,815 15,314,662
Total Taxable Value 97,459,808 0 99,508,661 97,459,808

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
100,009,489 97,459,808 100,009,489 97,459,808


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
2,549,681 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
100,009,489 97,459,808 100,009,489 97,459,808

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

187-906-02/Leggett ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 28,668,444 0.9942 28,835,691 28,668,444
C1. VACANT LOTS 2,138,274 N/A 2,138,274 2,138,274
D1. QUALIFIED AG LAND 11,660,828 1.0058 11,593,040 11,660,828
D2. REAL PROP:FARM & RANCH 1,084,088 N/A 1,084,088 1,084,088
E. REAL PROP NONQUAL ACREAGE 20,850,896 0.8992 23,188,274 20,850,896
F1. COMMERCIAL REAL 2,329,313 N/A 2,329,313 2,329,313
G. OIL,GAS,MINERALS 15,783,781 0.9968 15,834,451 15,783,781
J. UTILITIES 24,401,168 1.0147 24,047,667 24,401,168
L1. COMMERCIAL PERSONAL 1,602,593 N/A 1,602,593 1,602,593
M. MOBILE HOMES 4,252,331 N/A 4,252,331 4,252,331
O. RESIDENTIAL INVENTORY 2,754 N/A 2,754 2,754
Subtotal 112,774,470 114,908,476 112,774,470
Less Total Deductions 15,314,662 15,399,815 15,314,662
Total Taxable Value 97,459,808 99,508,661 97,459,808

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
100,009,489 97,459,808 100,009,489 97,459,808


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
2,549,681 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
100,009,489 97,459,808 100,009,489 97,459,808

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