taxes Property Tax Assistance

2019 ISD Summary Worksheet

018-Bosque

161-920/China Spring ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 13,789,537 N/A 13,789,537 13,789,537
C1. VACANT LOTS 1,713,020 N/A 1,713,020 1,713,020
D1. QUALIFIED AG LAND 232,030 N/A 232,030 232,030
D2. REAL PROP:FARM & RANCH 72,473 N/A 72,473 72,473
E. REAL PROP NONQUAL ACREAGE 7,426,598 N/A 7,426,598 7,426,598
F1. COMMERCIAL REAL 471,526 N/A 471,526 471,526
J. UTILITIES 291,752 N/A 291,752 291,752
L1. COMMERCIAL PERSONAL 130,691 N/A 130,691 130,691
L2. INDUSTRIAL PERSONAL 120,680 N/A 120,680 120,680
M. MOBILE HOMES 523,807 N/A 523,807 523,807
Subtotal 24,772,114 0 24,772,114 24,772,114
Less Total Deductions 4,626,230 0 4,626,230 4,626,230
Total Taxable Value 20,145,884 0 20,145,884 20,145,884

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
21,151,420 20,145,884 21,151,420 20,145,884


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
1,005,536 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
21,151,420 20,145,884 21,151,420 20,145,884

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

161-920-02/China Spring ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 13,789,537 N/A 13,789,537 13,789,537
C1. VACANT LOTS 1,713,020 N/A 1,713,020 1,713,020
D1. QUALIFIED AG LAND 232,030 N/A 232,030 232,030
D2. REAL PROP:FARM & RANCH 72,473 N/A 72,473 72,473
E. REAL PROP NONQUAL ACREAGE 7,426,598 N/A 7,426,598 7,426,598
F1. COMMERCIAL REAL 471,526 N/A 471,526 471,526
J. UTILITIES 291,752 N/A 291,752 291,752
L1. COMMERCIAL PERSONAL 130,691 N/A 130,691 130,691
L2. INDUSTRIAL PERSONAL 120,680 N/A 120,680 120,680
M. MOBILE HOMES 523,807 N/A 523,807 523,807
Subtotal 24,772,114 24,772,114 24,772,114
Less Total Deductions 4,626,230 4,626,230 4,626,230
Total Taxable Value 20,145,884 20,145,884 20,145,884

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
21,151,420 20,145,884 21,151,420 20,145,884


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
1,005,536 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
21,151,420 20,145,884 21,151,420 20,145,884

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