taxes Property Tax Assistance

2019 ISD Summary Worksheet

006-Armstrong

065-901/Clarendon ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 256,450 N/A 256,450 256,450
C1. VACANT LOTS 32,550 N/A 32,550 32,550
D1. QUALIFIED AG LAND 2,992,071 N/A 2,992,071 2,992,071
D2. REAL PROP:FARM & RANCH 781,190 N/A 781,190 781,190
E. REAL PROP NONQUAL ACREAGE 2,328,190 N/A 2,328,190 2,328,190
F1. COMMERCIAL REAL 91,410 N/A 91,410 91,410
J. UTILITIES 5,539,700 N/A 5,539,700 5,539,700
L1. COMMERCIAL PERSONAL 119,540 N/A 119,540 119,540
L2. INDUSTRIAL PERSONAL 170,700 N/A 170,700 170,700
Subtotal 12,311,801 0 12,311,801 12,311,801
Less Total Deductions 589,575 0 589,575 589,575
Total Taxable Value 11,722,226 0 11,722,226 11,722,226

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
11,852,406 11,722,226 11,852,406 11,722,226


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
130,180 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
11,852,406 11,722,226 11,852,406 11,722,226

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

065-901-02/Clarendon ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 256,450 N/A 256,450 256,450
C1. VACANT LOTS 32,550 N/A 32,550 32,550
D1. QUALIFIED AG LAND 2,992,071 N/A 2,992,071 2,992,071
D2. REAL PROP:FARM & RANCH 781,190 N/A 781,190 781,190
E. REAL PROP NONQUAL ACREAGE 2,328,190 N/A 2,328,190 2,328,190
F1. COMMERCIAL REAL 91,410 N/A 91,410 91,410
J. UTILITIES 5,539,700 N/A 5,539,700 5,539,700
L1. COMMERCIAL PERSONAL 119,540 N/A 119,540 119,540
L2. INDUSTRIAL PERSONAL 170,700 N/A 170,700 170,700
Subtotal 12,311,801 12,311,801 12,311,801
Less Total Deductions 589,575 589,575 589,575
Total Taxable Value 11,722,226 11,722,226 11,722,226

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
11,852,406 11,722,226 11,852,406 11,722,226


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
130,180 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
11,852,406 11,722,226 11,852,406 11,722,226

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