taxes Property Tax Assistance

2019 ISD Summary Worksheet

219-Swisher

219-903/Tulia ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 89,016,305 0.9159 97,189,983 97,189,983
B. MULTIFAMILY RESIDENCES 1,222,440 N/A 1,222,440 1,222,440
C1. VACANT LOTS 905,160 N/A 905,160 905,160
D1. QUALIFIED AG LAND 27,150,704 1.0388 26,135,775 26,135,775
D2. REAL PROP:FARM & RANCH 3,698,071 N/A 3,698,071 3,698,071
E. REAL PROP NONQUAL ACREAGE 27,909,601 0.8567 32,578,033 32,578,033
F1. COMMERCIAL REAL 15,633,849 0.9456 16,533,258 16,533,258
F2. INDUSTRIAL REAL 13,598,943 N/A 13,598,943 13,598,943
G. OIL,GAS,MINERALS 6,375 N/A 6,375 6,375
J. UTILITIES 46,913,990 0.9739 48,171,260 48,171,260
L1. COMMERCIAL PERSONAL 10,339,690 1.0695 9,667,779 9,667,779
L2. INDUSTRIAL PERSONAL 9,677,010 N/A 9,677,010 9,677,010
M. MOBILE HOMES 573,490 N/A 573,490 573,490
S. SPECIAL INVENTORY 610,860 N/A 610,860 610,860
Subtotal 247,256,488 0 260,568,437 260,568,437
Less Total Deductions 51,437,022 0 55,619,844 55,619,844
Total Taxable Value 195,819,466 0 204,948,593 204,948,593

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
212,969,081 204,948,593 212,969,081 204,948,593


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
8,020,488 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
212,969,081 204,948,593 212,969,081 204,948,593

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

219-903-02/Tulia ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 89,016,305 0.9159 97,189,983 97,189,983
B. MULTIFAMILY RESIDENCES 1,222,440 N/A 1,222,440 1,222,440
C1. VACANT LOTS 905,160 N/A 905,160 905,160
D1. QUALIFIED AG LAND 27,150,704 1.0388 26,135,775 26,135,775
D2. REAL PROP:FARM & RANCH 3,698,071 N/A 3,698,071 3,698,071
E. REAL PROP NONQUAL ACREAGE 27,909,601 0.8567 32,578,033 32,578,033
F1. COMMERCIAL REAL 15,633,849 0.9456 16,533,258 16,533,258
F2. INDUSTRIAL REAL 13,598,943 N/A 13,598,943 13,598,943
G. OIL,GAS,MINERALS 6,375 N/A 6,375 6,375
J. UTILITIES 46,913,990 0.9739 48,171,260 48,171,260
L1. COMMERCIAL PERSONAL 10,339,690 1.0695 9,667,779 9,667,779
L2. INDUSTRIAL PERSONAL 9,677,010 N/A 9,677,010 9,677,010
M. MOBILE HOMES 573,490 N/A 573,490 573,490
S. SPECIAL INVENTORY 610,860 N/A 610,860 610,860
Subtotal 247,256,488 260,568,437 260,568,437
Less Total Deductions 51,437,022 55,619,844 55,619,844
Total Taxable Value 195,819,466 204,948,593 204,948,593

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
212,969,081 204,948,593 212,969,081 204,948,593


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
8,020,488 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
212,969,081 204,948,593 212,969,081 204,948,593

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