taxes Property Tax Assistance

2019 ISD Summary Worksheet

001-Anderson

001-903/Elkhart ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 88,781,111 0.9231 96,177,132 88,781,111
B. MULTIFAMILY RESIDENCES 838,963 N/A 838,963 838,963
C1. VACANT LOTS 181,212 N/A 181,212 181,212
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 8,947,656 0.8311 10,766,063 8,947,656
D2. REAL PROP:FARM & RANCH 380,318 N/A 380,318 380,318
E. REAL PROP NONQUAL ACREAGE 154,318,661 0.9083 169,898,339 154,318,661
F1. COMMERCIAL REAL 18,683,755 0.8805 21,219,483 18,683,755
F2. INDUSTRIAL REAL 2,375,621 N/A 2,375,621 2,375,621
G. OIL,GAS,MINERALS 22,433,570 0.9807 22,875,059 22,433,570
J. UTILITIES 22,666,569 0.9776 23,185,934 22,666,569
L1. COMMERCIAL PERSONAL 6,441,807 N/A 6,441,807 6,441,807
L2. INDUSTRIAL PERSONAL 7,165,498 N/A 7,165,498 7,165,498
M. MOBILE HOMES 10,428,036 N/A 10,428,036 10,428,036
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 22,304 N/A 22,304 22,304
S. SPECIAL INVENTORY 131,394 N/A 131,394 131,394
Subtotal 343,796,475 0 372,087,163 343,796,475
Less Total Deductions 60,212,193 0 65,946,348 60,212,193
Total Taxable Value 283,584,282 0 306,140,815 283,584,282

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
296,657,784 283,584,282 296,657,784 283,584,282


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
13,073,502 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
296,657,784 283,584,282 296,657,784 283,584,282

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE YOUR SCHOOL DISTRICT IS IN YEAR ONE OF THE GRACE PERIOD

001-903-02/Elkhart ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 88,781,111 0.9231 96,177,132 88,781,111
B. MULTIFAMILY RESIDENCES 838,963 N/A 838,963 838,963
C1. VACANT LOTS 181,212 N/A 181,212 181,212
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 8,947,656 0.8311 10,766,063 8,947,656
D2. REAL PROP:FARM & RANCH 380,318 N/A 380,318 380,318
E. REAL PROP NONQUAL ACREAGE 154,318,661 0.9083 169,898,339 154,318,661
F1. COMMERCIAL REAL 18,683,755 0.8805 21,219,483 18,683,755
F2. INDUSTRIAL REAL 2,375,621 N/A 2,375,621 2,375,621
G. OIL,GAS,MINERALS 22,433,570 0.9807 22,875,059 22,433,570
J. UTILITIES 22,666,569 0.9776 23,185,934 22,666,569
L1. COMMERCIAL PERSONAL 6,441,807 N/A 6,441,807 6,441,807
L2. INDUSTRIAL PERSONAL 7,165,498 N/A 7,165,498 7,165,498
M. MOBILE HOMES 10,428,036 N/A 10,428,036 10,428,036
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 22,304 N/A 22,304 22,304
S. SPECIAL INVENTORY 131,394 N/A 131,394 131,394
Subtotal 343,796,475 372,087,163 343,796,475
Less Total Deductions 60,212,193 65,946,348 60,212,193
Total Taxable Value 283,584,282 306,140,815 283,584,282

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
296,657,784 283,584,282 296,657,784 283,584,282


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
13,073,502 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
296,657,784 283,584,282 296,657,784 283,584,282

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