taxes Property Tax Assistance

2019 ISD Summary Worksheet

015-Bexar

015-909/Somerset ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	252,940,906	N/A	252,940,906	252,940,906
B. MULTIFAMILY RESIDENCES	5,012,870	N/A	5,012,870	5,012,870
C1. VACANT LOTS	23,348,503	N/A	23,348,503	23,348,503
D1. QUALIFIED AG LAND	1,871,763	N/A	1,871,763	1,871,763
D2. REAL PROP:FARM & RANCH	2,755,659	N/A	2,755,659	2,755,659
E. REAL PROP NONQUAL ACREAGE	93,372,469	N/A	93,372,469	93,372,469
F1. COMMERCIAL REAL	34,057,149	N/A	34,057,149	34,057,149
F2. INDUSTRIAL REAL	1,538,920	N/A	1,538,920	1,538,920
G. OIL,GAS,MINERALS	3,183,519	N/A	3,183,519	3,183,519
J. UTILITIES	2,134,596	N/A	2,134,596	2,134,596
L1. COMMERCIAL PERSONAL	27,994,953	N/A	27,994,953	27,994,953
L2. INDUSTRIAL PERSONAL	21,191,555	N/A	21,191,555	21,191,555
M. MOBILE HOMES	21,687,665	N/A	21,687,665	21,687,665
S. SPECIAL INVENTORY	23,650	N/A	23,650	23,650
Subtotal	491,114,177	0	491,114,177	491,114,177
Less Total Deductions	93,173,273	0	93,173,273	93,173,273
Total Taxable Value	397,940,904	0	397,940,904	397,940,904

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
413,117,778	397,940,904	413,117,778	397,940,904

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
15,176,874	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
413,117,778	397,940,904	413,117,778	397,940,904

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

015-909-02/Somerset ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	252,940,906	N/A	252,940,906	252,940,906
B. MULTIFAMILY RESIDENCES	5,012,870	N/A	5,012,870	5,012,870
C1. VACANT LOTS	23,348,503	N/A	23,348,503	23,348,503
D1. QUALIFIED AG LAND	1,871,763	N/A	1,871,763	1,871,763
D2. REAL PROP:FARM & RANCH	2,755,659	N/A	2,755,659	2,755,659
E. REAL PROP NONQUAL ACREAGE	93,372,469	N/A	93,372,469	93,372,469
F1. COMMERCIAL REAL	34,057,149	N/A	34,057,149	34,057,149
F2. INDUSTRIAL REAL	1,538,920	N/A	1,538,920	1,538,920
G. OIL,GAS,MINERALS	3,183,519	N/A	3,183,519	3,183,519
J. UTILITIES	2,134,596	N/A	2,134,596	2,134,596
L1. COMMERCIAL PERSONAL	27,994,953	N/A	27,994,953	27,994,953
L2. INDUSTRIAL PERSONAL	21,191,555	N/A	21,191,555	21,191,555
M. MOBILE HOMES	21,687,665	N/A	21,687,665	21,687,665
S. SPECIAL INVENTORY	23,650	N/A	23,650	23,650
Subtotal	491,114,177		491,114,177	491,114,177
Less Total Deductions	93,173,273		93,173,273	93,173,273
Total Taxable Value	397,940,904		397,940,904	397,940,904

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
413,117,778	397,940,904	413,117,778	397,940,904

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
15,176,874	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
413,117,778	397,940,904	413,117,778	397,940,904

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