taxes Property Tax Assistance

2019 ISD Summary Worksheet

252-Young

252-902/Newcastle ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 5,096,570 0.9764 5,219,756 5,096,570
B. MULTIFAMILY RESIDENCES 327,290 N/A 327,290 327,290
C1. VACANT LOTS 281,086 N/A 281,086 281,086
D1. QUALIFIED AG LAND 11,132,205 1.1935 9,327,679 11,132,205
D2. REAL PROP:FARM & RANCH 2,463,859 N/A 2,463,859 2,463,859
E. REAL PROP NONQUAL ACREAGE 26,102,953 0.8755 29,814,909 26,102,953
F1. COMMERCIAL REAL 2,214,170 N/A 2,214,170 2,214,170
G. OIL,GAS,MINERALS 17,194,770 1.0060 17,092,217 17,194,770
J. UTILITIES 34,800,110 0.9187 37,879,732 34,800,110
L1. COMMERCIAL PERSONAL 1,521,770 N/A 1,521,770 1,521,770
L2. INDUSTRIAL PERSONAL 328,110 N/A 328,110 328,110
M. MOBILE HOMES 388,480 N/A 388,480 388,480
Subtotal 101,851,373 0 106,859,058 101,851,373
Less Total Deductions 10,400,174 0 10,620,172 10,400,174
Total Taxable Value 91,451,199 0 96,238,886 91,451,199

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
92,881,993 91,451,199 92,881,993 91,451,199


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,430,794 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
92,881,993 91,451,199 92,881,993 91,451,199

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

252-902-02/Newcastle ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 5,096,570 0.9764 5,219,756 5,096,570
B. MULTIFAMILY RESIDENCES 327,290 N/A 327,290 327,290
C1. VACANT LOTS 281,086 N/A 281,086 281,086
D1. QUALIFIED AG LAND 11,132,205 1.1935 9,327,679 11,132,205
D2. REAL PROP:FARM & RANCH 2,463,859 N/A 2,463,859 2,463,859
E. REAL PROP NONQUAL ACREAGE 26,102,953 0.8755 29,814,909 26,102,953
F1. COMMERCIAL REAL 2,214,170 N/A 2,214,170 2,214,170
G. OIL,GAS,MINERALS 17,194,770 1.0060 17,092,217 17,194,770
J. UTILITIES 34,800,110 0.9187 37,879,732 34,800,110
L1. COMMERCIAL PERSONAL 1,521,770 N/A 1,521,770 1,521,770
L2. INDUSTRIAL PERSONAL 328,110 N/A 328,110 328,110
M. MOBILE HOMES 388,480 N/A 388,480 388,480
Subtotal 101,851,373 106,859,058 101,851,373
Less Total Deductions 10,400,174 10,620,172 10,400,174
Total Taxable Value 91,451,199 96,238,886 91,451,199

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
92,881,993 91,451,199 92,881,993 91,451,199


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,430,794 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
92,881,993 91,451,199 92,881,993 91,451,199

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