taxes Property Tax Assistance

2019 ISD Summary Worksheet

026-Burleson

026-902/Somerville ISD

Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 153,912,993 N/A 153,912,993 153,912,993
B. MULTIFAMILY RESIDENCES 835,335 N/A 835,335 835,335
C1. VACANT LOTS 22,128,076 N/A 22,128,076 22,128,076
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 6,242,507 N/A 6,242,507 6,242,507
D2. REAL PROP:FARM & RANCH 8,711,464 N/A 8,711,464 8,711,464
E. REAL PROP NONQUAL ACREAGE 86,930,656 N/A 86,930,656 86,930,656
F1. COMMERCIAL REAL 22,530,610 N/A 22,530,610 22,530,610
F2. INDUSTRIAL REAL 2,129,842 N/A 2,129,842 2,129,842
G. OIL,GAS,MINERALS 45,021,750 N/A 45,021,750 45,021,750
J. UTILITIES 25,937,650 N/A 25,937,650 25,937,650
L1. COMMERCIAL PERSONAL 8,170,413 N/A 8,170,413 8,170,413
L2. INDUSTRIAL PERSONAL 50,727,094 N/A 50,727,094 50,727,094
M. MOBILE HOMES 16,059,258 N/A 16,059,258 16,059,258
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 217,983 N/A 217,983 217,983
S. SPECIAL INVENTORY 35,000 N/A 35,000 35,000
Subtotal 449,590,631 0 449,590,631 449,590,631
Less Total Deductions 85,819,994 0 85,819,994 85,819,994
Total Taxable Value 363,770,637 0 363,770,637 363,770,637

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
374,232,426 363,770,637 374,232,426 363,770,637


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
10,461,789 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
374,232,426 363,770,637 374,232,426 363,770,637

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

026-902-02/Somerville ISD



Category Local Tax Roll Value 2019 WTD Mean Ratio 2019 PTAD Value Estimate 2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES 153,912,993 N/A 153,912,993 153,912,993
B. MULTIFAMILY RESIDENCES 835,335 N/A 835,335 835,335
C1. VACANT LOTS 22,128,076 N/A 22,128,076 22,128,076
C2. COLONIA LOTS 0 N/A 0 0
D1. QUALIFIED AG LAND 6,242,507 N/A 6,242,507 6,242,507
D2. REAL PROP:FARM & RANCH 8,711,464 N/A 8,711,464 8,711,464
E. REAL PROP NONQUAL ACREAGE 86,930,656 N/A 86,930,656 86,930,656
F1. COMMERCIAL REAL 22,530,610 N/A 22,530,610 22,530,610
F2. INDUSTRIAL REAL 2,129,842 N/A 2,129,842 2,129,842
G. OIL,GAS,MINERALS 45,021,750 N/A 45,021,750 45,021,750
J. UTILITIES 25,937,650 N/A 25,937,650 25,937,650
L1. COMMERCIAL PERSONAL 8,170,413 N/A 8,170,413 8,170,413
L2. INDUSTRIAL PERSONAL 50,727,094 N/A 50,727,094 50,727,094
M. MOBILE HOMES 16,059,258 N/A 16,059,258 16,059,258
N. INTANGIBLE PERSONAL PROP 0 N/A 0 0
O. RESIDENTIAL INVENTORY 217,983 N/A 217,983 217,983
S. SPECIAL INVENTORY 35,000 N/A 35,000 35,000
Subtotal 449,590,631 449,590,631 449,590,631
Less Total Deductions 85,819,994 85,819,994 85,819,994
Total Taxable Value 363,770,637 363,770,637 363,770,637

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
374,232,426 363,770,637 374,232,426 363,770,637


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
10,461,789 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
374,232,426 363,770,637 374,232,426 363,770,637

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