taxes Property Tax Assistance

2019 ISD Summary Worksheet

005-Archer

252-903/Olney ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 5,173,970 0.9147 5,656,467 5,173,970
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 210,900 N/A 210,900 210,900
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 11,132,410 1.3003 8,561,504 11,132,410
D2. REAL PROP:FARM & RANCH 342,212 N/A 342,212 342,212
E. REAL PROP NONQUAL ACREAGE 4,535,430 0.8710 5,207,153 4,535,430
F1. COMMERCIAL REAL 654,040 N/A 654,040 654,040
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 16,010,241 1.0051 15,929,003 16,010,241
J. UTILITIES 45,870 N/A 45,870 45,870
L1. COMMERCIAL PERSONAL 329,495 N/A 329,495 329,495
L2. INDUSTRIAL PERSONAL 450,420 N/A 450,420 450,420
M. MOBILE HOMES 213,960 N/A 213,960 213,960
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 39,098,948 0 37,601,024 39,098,948
Less Total Deductions 9,569,615 0 9,681,426 9,569,615
Total Taxable Value 29,529,333 0 27,919,598 29,529,333

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
30,195,443 29,529,333 30,195,443 29,529,333


Loss To
the Additional
$10,000 Homestead
Exemption 		50% of the loss
to the Local Optional
Percentage Homestead
Exemption
666,110 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
36,862,063 36,195,953 36,862,063 36,195,953

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 LOCAL VALUE IS GREATER THAN PTAD VALUE

252-903-02/Olney ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 5,173,970 0.9147 5,656,467 5,173,970
B. MULTIFAMILY RESIDENCES 0 N/A 0 0
C1. VACANT LOTS 210,900 N/A 210,900 210,900
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 11,132,410 1.3003 8,561,504 11,132,410
D2. REAL PROP:FARM & RANCH 342,212 N/A 342,212 342,212
E. REAL PROP NONQUAL ACREAGE 4,535,430 0.8710 5,207,153 4,535,430
F1. COMMERCIAL REAL 654,040 N/A 654,040 654,040
F2. INDUSTRIAL REAL 0 N/A 0 0
G. OIL,GAS,MINERALS 16,010,241 1.0051 15,929,003 16,010,241
J. UTILITIES 45,870 N/A 45,870 45,870
L1. COMMERCIAL PERSONAL 329,495 N/A 329,495 329,495
L2. INDUSTRIAL PERSONAL 450,420 N/A 450,420 450,420
M. MOBILE HOMES 213,960 N/A 213,960 213,960
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 39,098,948 37,601,024 39,098,948
Less Total Deductions 9,569,615 9,681,426 9,569,615
Total Taxable Value 29,529,333 27,919,598 29,529,333

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
30,195,443 29,529,333 30,195,443 29,529,333


Loss To
the Additional
$10,000 Homestead
Exemption 		50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
666,110 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
36,862,063 36,195,953 36,862,063 36,195,953

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