taxes Property Tax Assistance

2019 ISD Summary Worksheet

014-Bell

014-908/Salado ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 781,313,522 0.9799 797,340,057 797,340,057
B. MULTIFAMILY RESIDENCES 8,510,449 N/A 8,510,449 8,510,449
C1. VACANT LOTS 29,928,898 N/A 29,928,898 29,928,898
D1. QUALIFIED AG LAND 10,868,814 1.5074 7,210,459 7,210,459
D2. REAL PROP:FARM & RANCH 4,528,042 N/A 4,528,042 4,528,042
E. REAL PROP NONQUAL ACREAGE 193,328,835 0.8865 218,081,032 218,081,032
F1. COMMERCIAL REAL 57,787,723 0.6681 86,495,619 86,495,619
F2. INDUSTRIAL REAL 490,194 N/A 490,194 490,194
J. UTILITIES 26,234,451 N/A 26,234,451 26,234,451
L1. COMMERCIAL PERSONAL 21,315,661 N/A 21,315,661 21,315,661
L2. INDUSTRIAL PERSONAL 4,360,290 N/A 4,360,290 4,360,290
M. MOBILE HOMES 1,340,417 N/A 1,340,417 1,340,417
O. RESIDENTIAL INVENTORY 22,337,579 N/A 22,337,579 22,337,579
S. SPECIAL INVENTORY 1,181,000 N/A 1,181,000 1,181,000
Subtotal 1,163,525,875 0 1,229,354,148 1,229,354,148
Less Total Deductions 227,935,740 0 233,845,006 233,845,006
Total Taxable Value 935,590,135 0 995,509,142 995,509,142

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
1,019,565,901 995,509,142 1,019,565,901 995,509,142


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
24,056,759 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
1,019,565,901 995,509,142 1,019,565,901 995,509,142

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 TAXABLE VALUE TO BE INVALID, AND STATE VALUE WAS CERTIFIED BECAUSE YOUR LOCAL VALUE DID NOT EXCEED THE STATE VALUE AND: 1) WAS INVALID IN ONE OR MORE OF THE PREVIOUS TWO YEARS OR 2) IS LESS THAN 90% OF THE LOWER END OF THE MARGIN OF ERROR RANGE OR 3) THE APPRAISAL DISTRICT THAT APPRAISES PROPERTY FOR THE SCHOOL DISTRICT WAS NOT IN COMPLIANCE WITH THE SCORING REQUIREMENT OF THE COMPTROLLER'S MOST RECENT REVIEW OF THE APPRAISAL DISTRICT CONDUCTED UNDER SECTION 5.102, TAX CODE (MAP REVIEW)

014-908-02/Salado ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 781,313,522 0.9799 797,340,057 797,340,057
B. MULTIFAMILY RESIDENCES 8,510,449 N/A 8,510,449 8,510,449
C1. VACANT LOTS 29,928,898 N/A 29,928,898 29,928,898
D1. QUALIFIED AG LAND 10,868,814 1.5074 7,210,459 7,210,459
D2. REAL PROP:FARM & RANCH 4,528,042 N/A 4,528,042 4,528,042
E. REAL PROP NONQUAL ACREAGE 193,328,835 0.8865 218,081,032 218,081,032
F1. COMMERCIAL REAL 57,787,723 0.6681 86,495,619 86,495,619
F2. INDUSTRIAL REAL 490,194 N/A 490,194 490,194
J. UTILITIES 26,234,451 N/A 26,234,451 26,234,451
L1. COMMERCIAL PERSONAL 21,315,661 N/A 21,315,661 21,315,661
L2. INDUSTRIAL PERSONAL 4,360,290 N/A 4,360,290 4,360,290
M. MOBILE HOMES 1,340,417 N/A 1,340,417 1,340,417
O. RESIDENTIAL INVENTORY 22,337,579 N/A 22,337,579 22,337,579
S. SPECIAL INVENTORY 1,181,000 N/A 1,181,000 1,181,000
Subtotal 1,163,525,875 1,229,354,148 1,229,354,148
Less Total Deductions 227,935,740 233,845,006 233,845,006
Total Taxable Value 935,590,135 995,509,142 995,509,142

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
1,019,565,901 995,509,142 1,019,565,901 995,509,142


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
24,056,759 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
1,019,565,901 995,509,142 1,019,565,901 995,509,142

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