taxes Property Tax Assistance

2019 ISD Summary Worksheet

035-Castro

140-907/Springlake-Earth ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	510,840	N/A	510,840	510,840
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	3,380	N/A	3,380	3,380
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	8,157,275	1.4178	5,753,551	8,157,275
D2. REAL PROP:FARM & RANCH	2,402,650	0.9934	2,418,613	2,402,650
E. REAL PROP NONQUAL ACREAGE	2,912,230	0.8817	3,302,972	2,912,230
F1. COMMERCIAL REAL	92,510	N/A	92,510	92,510
F2. INDUSTRIAL REAL	7,005,170	N/A	7,005,170	7,005,170
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	3,270,460	0.9838	3,324,314	3,270,460
L1. COMMERCIAL PERSONAL	48,600	N/A	48,600	48,600
L2. INDUSTRIAL PERSONAL	226,680	N/A	226,680	226,680
M. MOBILE HOMES	40,570	N/A	40,570	40,570
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	24,670,365	0	22,727,200	24,670,365
Less Total Deductions	513,031	0	513,031	513,031
Total Taxable Value	24,157,334	0	22,214,169	24,157,334

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
24,274,114	24,157,334	24,274,114	24,157,334

Loss To the Additional $10,000 Homestead Exemption	50% of the loss to the Local Optional Percentage Homestead Exemption
116,780	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
24,274,114	24,157,334	24,274,114	24,157,334

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 INVALID, BUT LOCAL VALUE WAS CERTIFIED BECAUSE LOCAL VALUE IS GREATER THAN PTAD VALUE

140-907-02/Springlake-Earth ISD

Category	Local Tax Roll Value	2019 WTD Mean Ratio	2019 PTAD Value Estimate	2019 Value Assigned
A. SINGLE-FAMILY RESIDENCES	510,840	N/A	510,840	510,840
B. MULTIFAMILY RESIDENCES	0	N/A	0	0
C1. VACANT LOTS	3,380	N/A	3,380	3,380
C2. COLONIA LOTS	0	N/A	0	0
D1. QUALIFIED AG LAND	8,157,275	1.4178	5,753,551	8,157,275
D2. REAL PROP:FARM & RANCH	2,402,650	0.9934	2,418,613	2,402,650
E. REAL PROP NONQUAL ACREAGE	2,912,230	0.8817	3,302,972	2,912,230
F1. COMMERCIAL REAL	92,510	N/A	92,510	92,510
F2. INDUSTRIAL REAL	7,005,170	N/A	7,005,170	7,005,170
G. OIL,GAS,MINERALS	0	N/A	0	0
J. UTILITIES	3,270,460	0.9838	3,324,314	3,270,460
L1. COMMERCIAL PERSONAL	48,600	N/A	48,600	48,600
L2. INDUSTRIAL PERSONAL	226,680	N/A	226,680	226,680
M. MOBILE HOMES	40,570	N/A	40,570	40,570
N. INTANGIBLE PERSONAL PROP	0	N/A	0	0
O. RESIDENTIAL INVENTORY	0	N/A	0	0
S. SPECIAL INVENTORY	0	N/A	0	0
Subtotal	24,670,365		22,727,200	24,670,365
Less Total Deductions	513,031		513,031	513,031
Total Taxable Value	24,157,334		22,214,169	24,157,334

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
24,274,114	24,157,334	24,274,114	24,157,334

Loss To the Additional $10,000 Homestead Exemption	50 % of the loss to the Local Optional Percentage Homestead Exemption
116,780	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
24,274,114	24,157,334	24,274,114	24,157,334

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