taxes Property Tax Assistance

2019 ISD Summary Worksheet

223-Terry

223-902/Meadow ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	8,972,692	0.9211	9,741,279	8,972,692
B. MULTIFAMILY RESIDENCES	28,421	N/A	28,421	28,421
C1. VACANT LOTS	63,440	N/A	63,440	63,440
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	19,236,081	1.2085	15,916,946	19,236,081
D2. REAL PROP:FARM & RANCH	1,408,731	N/A	1,408,731	1,408,731
E. REAL PROP NONQUAL ACREAGE	8,918,184	0.8826	10,104,446	8,918,184
F1. COMMERCIAL REAL	804,290	N/A	804,290	804,290
F2. INDUSTRIAL REAL	930,033	N/A	930,033	930,033
G. OIL,GAS,MINERALS	12,741,631	1.0030	12,703,520	12,741,631
J. UTILITIES	7,108,978	1.0561	6,731,349	7,108,978
L1. COMMERCIAL PERSONAL	129,829	N/A	129,829	129,829
L2. INDUSTRIAL PERSONAL	4,077,124	N/A	4,077,124	4,077,124
M. MOBILE HOMES	299,383	N/A	299,383	299,383
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	64,718,817	0	62,938,791	64,718,817
Less Total Deductions	5,992,091	0	6,464,466	5,992,091
Total Taxable Value	58,726,726	0	56,474,325	58,726,726

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
59,647,424	58,726,726	59,647,424	58,726,726

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
920,698	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
59,647,424	58,726,726	59,647,424	58,726,726

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

223-902-02/Meadow ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	8,972,692	0.9211	9,741,279	8,972,692
B. MULTIFAMILY RESIDENCES	28,421	N/A	28,421	28,421
C1. VACANT LOTS	63,440	N/A	63,440	63,440
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	19,236,081	1.2085	15,916,946	19,236,081
D2. REAL PROP:FARM & RANCH	1,408,731	N/A	1,408,731	1,408,731
E. REAL PROP NONQUAL ACREAGE	8,918,184	0.8826	10,104,446	8,918,184
F1. COMMERCIAL REAL	804,290	N/A	804,290	804,290
F2. INDUSTRIAL REAL	930,033	N/A	930,033	930,033
G. OIL,GAS,MINERALS	12,741,631	1.0030	12,703,520	12,741,631
J. UTILITIES	7,108,978	1.0561	6,731,349	7,108,978
L1. COMMERCIAL PERSONAL	129,829	N/A	129,829	129,829
L2. INDUSTRIAL PERSONAL	4,077,124	N/A	4,077,124	4,077,124
M. MOBILE HOMES	299,383	N/A	299,383	299,383
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	64,718,817		62,938,791	64,718,817
Less Total Deductions	5,992,091		6,464,466	5,992,091
Total Taxable Value	58,726,726		56,474,325	58,726,726

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
59,647,424	58,726,726	59,647,424	58,726,726

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
920,698	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
59,647,424	58,726,726	59,647,424	58,726,726

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